Credo Technology Group Holding Ltd (CRDO)

US — Technology Sector
Peers: HPE  CIEN  ERIC  ALAB  PSTG  FIS  KEYS  NOK  SNDK  SMCI 

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Key Metrics & Ratings

  • symbol CRDO
  • Rev/Share 4.5854
  • Book/Share 7.4073
  • PB 16.7484
  • Debt/Equity 0.01
  • CurrentRatio 8.8581
  • ROIC 0.1495

 

  • MktCap 22409171059.0
  • FreeCF/Share 0.8271
  • PFCF 156.044
  • PE 101.6104
  • Debt/Assets 0.0088
  • DivYield 0
  • ROE 0.2518

 

  • Rating B
  • Score 3
  • Recommendation Neutral
  • P/E Score 1
  • DCF Score 1
  • P/B Score 1
  • D/E Score 4

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Initiation CRDO Goldman -- Buy -- $165 Feb. 19, 2026
Initiation CRDO Rosenblatt -- Neutral -- $170 Jan. 21, 2026
Reiterated CRDO TD Cowen -- Buy $190 $240 Dec. 2, 2025
Initiation CRDO JP Morgan -- Overweight -- $165 Oct. 17, 2025
Resumed CRDO TD Cowen -- Buy -- $170 Oct. 1, 2025
Initiation CRDO William Blair -- Outperform -- -- Sept. 18, 2025
Reiterated CRDO Needham -- Buy $85 $150 Sept. 4, 2025
Reiterated CRDO TD Cowen -- Buy $140 $160 Sept. 4, 2025
Reiterated CRDO TD Cowen -- Buy $85 $95 June 18, 2025
Reiterated CRDO TD Cowen -- Buy $50 $85 June 3, 2025

News

Best Dip Buys With 'Year Of The Fire Horse' Potential
CRDO, FUTU, MDB, TAL, WDH
Published: February 20, 2026 by: Seeking Alpha
Sentiment: Positive

Best Dip Buys With 'Year Of The Fire Horse' Potential

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image for news Best Dip Buys With 'Year Of The Fire Horse' Potential
Why Credo Technology Group (CRDO) is Poised to Beat Earnings Estimates Again
CRDO
Published: February 12, 2026 by: Zacks Investment Research
Sentiment: Positive

Credo Technology Group (CRDO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

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image for news Why Credo Technology Group (CRDO) is Poised to Beat Earnings Estimates Again
Credo: Hypergrowth Now, Optical Headwinds Later
CRDO
Published: February 11, 2026 by: Seeking Alpha
Sentiment: Positive

I reiterate my buy on Credo Technology Group after the company upgraded FQ3'26 revenue guidance to $404–$408M vs. $335–$345M previously. AEC shipments powered over 95% of last quarter's product sales yoy increase. In my view, that's the near-term growth engine, with Weaver (H2 2026) as upside optionality. The big overhang is optics, especially if hyperscalers shift toward optical networking by 2027 and the company fails to pivot quickly enough.

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image for news Credo: Hypergrowth Now, Optical Headwinds Later
Credo Regains Control Of The Bullish Narrative While Its Valuation Reset (Upgrade)
CRDO
Published: February 11, 2026 by: Seeking Alpha
Sentiment: Positive

Credo Regains Control Of The Bullish Narrative While Its Valuation Reset (Upgrade)

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image for news Credo Regains Control Of The Bullish Narrative While Its Valuation Reset (Upgrade)
Chip Stock Extends Rebound on Preliminary Revenue Beat
CRDO
Published: February 10, 2026 by: Schaeffers Research
Sentiment: Positive

Credo Technology Group Holding Ltd (NASDAQ:CRDO) doesn't report earnings until March, but the chip stock is already enjoying tailwinds from the company's preliminary third-quarter revenue beat and raised forecast.

Read More
image for news Chip Stock Extends Rebound on Preliminary Revenue Beat
Credo Is No Longer Just A Cable Story - Earnings Preview
CRDO
Published: February 10, 2026 by: Seeking Alpha
Sentiment: Positive

I'm initiating Credo Technology Group Holding Ltd with a Buy rating ahead of Q3 '26 and see strong preliminary 3Q revenue and the pullback as a buying opportunity. CRDO's leadership in AECs, expansion into 3 new growth pillars, and launch of the Blue Heron 224G retimer position it for AI-driven data center growth. Revenue concentration among hyperscalers and intense competition from Marvell, Broadcom, and Astera Labs are key risks.

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image for news Credo Is No Longer Just A Cable Story - Earnings Preview
CRDO Up on Preliminary Q3 Revenue Beat: What it Signals for FY26 & FY27
CRDO
Published: February 10, 2026 by: Zacks Investment Research
Sentiment: Positive

Credo stuns with Q3 FY26 preliminary revenue of $404-$408M, crushing guidance and highlighting surging demand from hyperscale and AI networking.

Read More
image for news CRDO Up on Preliminary Q3 Revenue Beat: What it Signals for FY26 & FY27
Credo Technology: The Market Has Given A Chance To Load Up (Earnings Preview)
CRDO
Published: February 09, 2026 by: Seeking Alpha
Sentiment: Positive

Credo Technology has dropped ~26%, despite no fundamental deterioration, presenting a compelling GARP opportunity ahead of earnings. CRDO's Q3 revenue is guided at $340M, with ~65% gross margin; consensus expects $342.33M revenue and $0.78 EPS, implying 212% YoY EPS growth. CRDO's expanding product suite, new hyperscaler customers, and leadership in high-speed connectivity underpin a bullish outlook and potential for stock doubling.

Read More
image for news Credo Technology: The Market Has Given A Chance To Load Up (Earnings Preview)
Credo Technology: The Market Has Given A Chance To Load Up (Earnings Preview)
CRDO
Published: February 09, 2026 by: Seeking Alpha
Sentiment: Positive

Credo Technology has dropped ~26%, despite no fundamental deterioration, presenting a compelling GARP opportunity ahead of earnings. CRDO's Q3 revenue is guided at $340M, with ~65% gross margin; consensus expects $342.33M revenue and $0.78 EPS, implying 212% YoY EPS growth. CRDO's expanding product suite, new hyperscaler customers, and leadership in high-speed connectivity underpin a bullish outlook and potential for stock doubling.

Read More
image for news Credo Technology: The Market Has Given A Chance To Load Up (Earnings Preview)
Credo Technology Slips 32% in a Month: Hold the Stock or Cut Losses?
CRDO
Published: February 06, 2026 by: Zacks Investment Research
Sentiment: Neutral

CRDO's shares slid nearly 32% in a month, but strong AI networking demand, rising margins and a solid balance sheet argue for patience.

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image for news Credo Technology Slips 32% in a Month: Hold the Stock or Cut Losses?
Credo Stock: Why I'm Finally Buying In
CRDO
Published: February 04, 2026 by: Seeking Alpha
Sentiment: Positive

Credo shares have continued to drop. Down more than 50% from recent highs, I think current levels present an opportunity. Strong growth, margin expansion, and attractive valuation make me a buyer.

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image for news Credo Stock: Why I'm Finally Buying In
Credo Targets Scale-Up Networking Market With Blue Heron Retimer
CRDO
Published: February 03, 2026 by: Zacks Investment Research
Sentiment: Neutral

CRDO targets the AI scale-up networking market with its Blue Heron 224G retimer, built on 3nm and sampling now ahead of expected Q3 2026 production.

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image for news Credo Targets Scale-Up Networking Market With Blue Heron Retimer
Credo: I Am Not Doing The Same Mistake Again (Upgrade)
CRDO
Published: February 03, 2026 by: Seeking Alpha
Sentiment: Positive

Credo Technology is upgraded to 'Strong Buy' after a 23% share price dip despite positive earnings revisions and robust AI infrastructure tailwinds. CRDO delivered a 272% YoY revenue spike and 35% EPS beat in FQ2 2026; FQ3 guidance implies further triple-digit growth. Major AI players' aggressive 2026 CapEx and the company's Blue Heron product launch are expected to expand the addressable market and drive further earnings upgrades.

Read More
image for news Credo: I Am Not Doing The Same Mistake Again (Upgrade)
5 Stocks to Buy in February: Last Year's Winners Aren't Done Yet
AMD, AMPX, APLD, BE, CRDO
Published: January 29, 2026 by: MarketBeat
Sentiment: Positive

2026 is well underway and off to a bullish start. The S&P 500 and other major indices are ending January at record highs, and the Russell 2000 INDEXRUSSELL: RUT, which tracks small-cap stocks, is leading the charge.

Read More
image for news 5 Stocks to Buy in February: Last Year's Winners Aren't Done Yet
Top AI Stock Performers of 2025 That Could Soar Higher in 2026
AVGO, CRDO, MU
Published: January 28, 2026 by: 24/7 Wall Street
Sentiment: Positive

Artificial intelligence has been a growth driver for the economy, and AI stocks have become massive winners over the past two years.

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image for news Top AI Stock Performers of 2025 That Could Soar Higher in 2026
Credo Just Pulled Back—This Might Be the Cleanest Entry Point
CRDO
Published: January 22, 2026 by: MarketBeat
Sentiment: Positive

In a semiconductor market rapidly approaching $1 trillion, a smaller player like Credo Technology Group Inc. NASDAQ: CRDO—which has a market capitalization of just $27.7 billion—is often overlooked. However, its high-speed, low-latency semiconductors and related products are increasingly crucial to the growing AI and data center industry, which relies on the smooth transfer of massive volumes of data.

Read More
image for news Credo Just Pulled Back—This Might Be the Cleanest Entry Point
What's Driving Credo's Explosive Revenue Growth in FY26?
CRDO
Published: January 20, 2026 by: Zacks Investment Research
Sentiment: Positive

CRDO posts record Q2 FY26 revenue of $268M, up 272% YoY, as AEC demand surges and AI clusters drive explosive growth.

Read More
image for news What's Driving Credo's Explosive Revenue Growth in FY26?
CRDO vs. ALAB: Which High Speed Connectivity Stock Is the Smarter Buy?
ALAB, CRDO
Published: January 19, 2026 by: Zacks Investment Research
Sentiment: Positive

Credo's soaring sales and innovation edge meet Astera Labs' fast-rising momentum in the AI data center connectivity race.

Read More
image for news CRDO vs. ALAB: Which High Speed Connectivity Stock Is the Smarter Buy?
The Big 3: AMD, CRDO, AMZN
AMD, AMZN, CRDO
Published: January 13, 2026 by: Schwab Network
Sentiment: Neutral

Investors should brace for volatility if the Supreme Court rules against tariffs, says Charles Moon from @ProsperTradingAcademy. He still favors tech even as volatility bubbles under Wall Street.

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image for news The Big 3: AMD, CRDO, AMZN
Are You Looking for a Top Momentum Pick? Why Credo Technology Group Holding Ltd.
CRDO
Published: January 12, 2026 by: Zacks Investment Research
Sentiment: Positive

Does Credo Technology Group Holding Ltd. (CRDO) have what it takes to be a top stock pick for momentum investors?

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image for news Are You Looking for a Top Momentum Pick? Why Credo Technology Group Holding Ltd.
4 Top-Ranked Tech Stocks to Buy as Semiconductor Rally Continues
ASYS, CRDO, MU, NVDA
Published: January 09, 2026 by: Zacks Investment Research
Sentiment: Positive

Semiconductor sales hit a record in November, with NVDA, MU, CRDO and ASYS set to gain from booming AI demand.

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image for news 4 Top-Ranked Tech Stocks to Buy as Semiconductor Rally Continues
How is Rising AEC Adoption Transforming Credo's Growth Trajectory?
CRDO
Published: January 08, 2026 by: Zacks Investment Research
Sentiment: Positive

CRDO's AEC sales surge as AI and cloud demand drive faster, more efficient and highly reliable data center connectivity.

Read More
image for news How is Rising AEC Adoption Transforming Credo's Growth Trajectory?
Can Credo's Solid Cash Position Give It an Edge Against Rivals?
CRDO
Published: January 07, 2026 by: Zacks Investment Research
Sentiment: Positive

CRDO's $813.6M cash balance fuels investment, M&A and AI platform expansion as it scales rapidly amid booming demand.

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image for news Can Credo's Solid Cash Position Give It an Edge Against Rivals?
Goldman Sachs Small/Mid Cap Growth Fund Q3 2025 Portfolio Update
ALAB, CRDO, MNDY, NOVT, PIPR, PLNT, SHAK
Published: January 05, 2026 by: Seeking Alpha
Sentiment: Neutral

The Goldman Sachs Small/Mid Cap Growth Fund-Institutional Shares underperformed its benchmark, the Russell 2500 Growth Index (net), during the quarter. We initiated a position in Planet Fitness, Inc. (1.3%), a franchiser and operator of fitness centers, during the quarter. We exited our position in American fast casual restaurant chain, Shake Shack Inc. (0.0%), during the quarter.

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image for news Goldman Sachs Small/Mid Cap Growth Fund Q3 2025 Portfolio Update
Is Credo Technology Still a Buy After 55% Gain in the Past 6 Months?
CRDO
Published: January 05, 2026 by: Zacks Investment Research
Sentiment: Positive

Over the past six months, Credo Technology Group Holding Ltd ( CRDO ) has surged roughly 54.5%, outpacing the Electronic-Semiconductors and the broader Computer and Technology sector's growth of 26.3% and 19.1%, respectively. Much of the momentum stems from the AI infrastructure cycle that is driving demand for high-speed, energy-efficient data center connectivity solutions.

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image for news Is Credo Technology Still a Buy After 55% Gain in the Past 6 Months?
4 Stocks to Buy for 2026 That Are Better Bets Than Crypto
CIEN, CRDO, HOOD, MU
Published: December 30, 2025 by: Zacks Investment Research
Sentiment: Positive

Here we pick four stocks, HOOD, MU, CIEN and CRDO, which are better investments than cryptocurrencies in 2026.

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image for news 4 Stocks to Buy for 2026 That Are Better Bets Than Crypto
Credo Releases 2025 Environmental, Social, and Governance (ESG) Report
CRDO
Published: December 30, 2025 by: Business Wire
Sentiment: Neutral

SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo releases 2025 Environmental, Social, and Governance (ESG) Report.

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image for news Credo Releases 2025 Environmental, Social, and Governance (ESG) Report
CRDO vs. MRVL: Which Data Center Connectivity Stock Is Smarter Pick?
CRDO, MRVL
Published: December 29, 2025 by: Zacks Investment Research
Sentiment: Positive

Credo and Marvell power AI data centers, but differences in growth drivers, valuation and strategy decide which stock stands out now.

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image for news CRDO vs. MRVL: Which Data Center Connectivity Stock Is Smarter Pick?
Credo: AEC Dominance, Pricing Power, And Operating Leverage Justify Premium Valuations
CRDO
Published: December 12, 2025 by: Seeking Alpha
Sentiment: Positive

Credo Technology is upgraded to a Buy, thanks to the improved margin of safety from the recent consolidation at the 50 DMAs and the triple digits adj. EPS growth profile. CRDO commands an 88% AEC market share, with the hyperscalers' intensified data center capex trends and the ongoing compute densification underpinning its durable growth trends. The expanding consumer base, the higher pricing power/improved operating leverage, and the healthy balance sheet also imply its ability to remain highly relevant during the multi-year cloud supercycle.

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image for news Credo: AEC Dominance, Pricing Power, And Operating Leverage Justify Premium Valuations
Credo: The Vendor AI Giants Can't Replace
CRDO
Published: December 11, 2025 by: Seeking Alpha
Sentiment: Positive

Credo shifts from component supplier to reliability architect, with AECs delivering up to 1,000x improved reliability and halving power consumption. AEC revenue grew double digits QoQ and drove a 272% YoY surge, reinforcing Credo's essential role in hyperscale AI clusters. ZeroFlap optics, ALCs, and SerDes for 200G expand a $10B+ TAM while locking in customers through deep system-level integration.

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image for news Credo: The Vendor AI Giants Can't Replace

About Credo Technology Group Holding Ltd (CRDO)

  • IPO Date 2022-01-27
  • Website https://credosemi.com
  • Industry Communication Equipment
  • CEO William J. Brennan
  • Employees 500

Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Mexico, Mainland China, Hong Kong, and internationally. Its products include integrated circuits, active electrical cables, and SerDes chiplets that are based on its serializer/deserializer and digital signal processor technologies. The company also offers intellectual property solutions consist of SerDes IP licensing. The company was founded in 2008 and is headquartered in San Jose, California.