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 20.2679
  • Debt/Equity 0.01
  • CurrentRatio 8.8581
  • ROIC 0.1495

 

  • MktCap 25737014698.0
  • FreeCF/Share 0.8271
  • PFCF 179.2171
  • PE 122.9628
  • 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
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 TD Cowen -- Buy $140 $160 Sept. 4, 2025
Reiterated CRDO Needham -- Buy $85 $150 Sept. 4, 2025
Reiterated CRDO TD Cowen -- Buy $85 $95 June 18, 2025
Reiterated CRDO TD Cowen -- Buy $50 $85 June 3, 2025
Upgrade CRDO Susquehanna Neutral Positive -- $60 March 10, 2025
Initiation CRDO Susquehanna -- Neutral -- $80 Dec. 17, 2024

News

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
Wall Street Analysts See a 29.19% Upside in Credo Technology Group (CRDO): Can the Stock Really Move This High?
CRDO
Published: December 10, 2025 by: Zacks Investment Research
Sentiment: Positive

The mean of analysts' price targets for Credo Technology Group (CRDO) points to a 29.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

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image for news Wall Street Analysts See a 29.19% Upside in Credo Technology Group (CRDO): Can the Stock Really Move This High?
Credo: Is It Too Late To Buy?
CRDO
Published: December 09, 2025 by: Seeking Alpha
Sentiment: Positive

Credo is firing on all cylinders and crushing Wall Street estimates. The company is already profitable, and growth opportunities are expanding. The stock is priced for aggressive expectations but is not overvalued when considering growth potential.

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image for news Credo: Is It Too Late To Buy?
Credo Technology Group Holding Ltd. (CRDO) is a Great Momentum Stock: Should You Buy?
CRDO
Published: December 08, 2025 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 Credo Technology Group Holding Ltd. (CRDO) is a Great Momentum Stock: Should You Buy?
Can Credo Maintain Margin Strength as Its Business Accelerates?
CRDO
Published: December 05, 2025 by: Zacks Investment Research
Sentiment: Positive

CRDO's Q2 momentum accelerates with record margins and soaring revenues, setting up fiscal 2026 for major triple-digit top-line growth.

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image for news Can Credo Maintain Margin Strength as Its Business Accelerates?
Why Credo Technology Group (CRDO) Might be Well Poised for a Surge
CRDO
Published: December 05, 2025 by: Zacks Investment Research
Sentiment: Positive

Credo Technology Group Holding Ltd. (CRDO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

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image for news Why Credo Technology Group (CRDO) Might be Well Poised for a Surge
Credo Technology Group (CRDO) Upgraded to Strong Buy: Here's What You Should Know
CRDO
Published: December 05, 2025 by: Zacks Investment Research
Sentiment: Positive

Credo Technology Group (CRDO) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

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image for news Credo Technology Group (CRDO) Upgraded to Strong Buy: Here's What You Should Know
Best Momentum Stocks to Buy for Dec.5
AEO, CRDO, MH
Published: December 05, 2025 by: Zacks Investment Research
Sentiment: Positive

CRDO, AEO and MH made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on Dec. 5, 2025.

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image for news Best Momentum Stocks to Buy for Dec.5
CRDO Stock on an Upswing Post Robust Q2: Hold or Make an Exit?
CRDO
Published: December 04, 2025 by: Zacks Investment Research
Sentiment: Positive

Credo Technology Group Holding Ltd ( CRDO ) delivered one of the strongest quarters, triggering a sharp post-earnings rally. The stock has gained 10.6% after the company reported results for the second quarter of fiscal 2026 on Dec 1.

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image for news CRDO Stock on an Upswing Post Robust Q2: Hold or Make an Exit?
Will CRDO's Expanding Hyperscaler Base Accelerate Growth Momentum?
CRDO
Published: December 03, 2025 by: Zacks Investment Research
Sentiment: Positive

Credo Technology Group Holding Ltd.'s ( CRDO ) second-quarter fiscal 2026 results highlighted a strong acceleration, driven largely by the rapid expansion of its Active Electrical Cable (“AEC”) business and deepening traction across major hyperscale customers.

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image for news Will CRDO's Expanding Hyperscaler Base Accelerate Growth Momentum?
Credo Technologies Posted a Blowout Quarter—Here's What's Next
CRDO
Published: December 02, 2025 by: MarketBeat
Sentiment: Positive

Credo Technologies' NASDAQ: CRDO fiscal year 2026 (FY2026) Q2 results are yet another example of why the AI trade is far from over. As NVIDIA NASDAQ: NVDA and Advanced Micro Devices NASDAQ: AMD continue to dominate GPU sales for AI data centers built by Microsoft NASDAQ: MSFT, Amazon NASDAQ: AMZN, and Meta Platforms NASDAQ: META, the demand for high-speed connectivity grows in parallel.

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image for news Credo Technologies Posted a Blowout Quarter—Here's What's Next
Credo Technology Analysts Raise Their Forecasts Following Upbeat Q2 Earnings
CRDO
Published: December 02, 2025 by: Benzinga
Sentiment: Positive

Credo Technology Group Holding Ltd. (NASDAQ: CRDO) reported upbeat second-quarter financial results and issued strong third-quarter sales guidance on Monday.

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image for news Credo Technology Analysts Raise Their Forecasts Following Upbeat Q2 Earnings
Credo Technology shares pop on fiscal Q2 earnings beat
CRDO
Published: December 02, 2025 by: Proactive Investors
Sentiment: Positive

Credo Technology (NASDAQ:CRDO) shares surged almost 15% as it reported fiscal second quarter earnings that topped Wall Street estimates, driven by rising demand for its AI-driven connectivity solutions. For the quarter ended November 1, revenue was up 20.2% year-over-year at $268 million, ahead of estimates of $234.67 million.

Read More
image for news Credo Technology shares pop on fiscal Q2 earnings beat
Chip Stock Soars to Record Highs After Blowout Q2 Report
CRDO
Published: December 02, 2025 by: Schaeffers Research
Sentiment: Positive

Shares of Credo Technology Group Holding Ltd (NASDAQ:CRDO) are surging this morning, up 22% to trade at $208.35 at last check, earlier hitting a record high of $213.80.

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image for news Chip Stock Soars to Record Highs After Blowout Q2 Report
Credo Technology: Massive Beat And Raise Keeps Me Bullish
CRDO
Published: December 02, 2025 by: Seeking Alpha
Sentiment: Positive

Credo Technology Group Holding Ltd. is a must-own AI infrastructure stock, delivering stellar Q2 results and robust forward guidance. CRDO reported 272% YOY revenue growth to $268M, with non-GAAP gross margin at 67.7% and operating margin at 46.3%. Q3 revenue guidance of $335–345M far exceeds consensus, supported by strong demand from hyperscaler customers and new product ramps.

Read More
image for news Credo Technology: Massive Beat And Raise Keeps Me Bullish
Can CRDO Tap a $10B+ Market With Record Q2 & New Growth Pillars?
CRDO
Published: December 02, 2025 by: Zacks Investment Research
Sentiment: Positive

Credo surges on record revenue growth as AI demand and new pillars like ZF optics, ALCs and OmniConnect gearboxes expand its multibillion-dollar reach.

Read More
image for news Can CRDO Tap a $10B+ Market With Record Q2 & New Growth Pillars?
Credo Technology Earnings: Massive Q3 Guidance, Then What (Downgrade)
CRDO
Published: December 02, 2025 by: Seeking Alpha
Sentiment: Neutral

Credo Technology Group Holding Ltd reports exceptional Q3 2026 guidance, with revenue growth projected at 159% y/y, far surpassing consensus expectations. Despite strong near-term momentum, CRDO faces significant topline deceleration in fiscal 2027, with growth likely moderating to 70–80% y/y. CRDO trades at approximately 116x forward free cash flow, but its adjusted PEG ratio of 1.5x appears attractive given current growth rates.

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image for news Credo Technology Earnings: Massive Q3 Guidance, Then What (Downgrade)
Credo Technology soars after earnings beat: here's why analysts think its a buy
CRDO
Published: December 02, 2025 by: Invezz
Sentiment: Positive

Credo Technology reported a stronger-than-expected second quarter, swinging to a profit as revenue more than tripled on the back of accelerating investment in artificial intelligence training and inference systems. The provider of high-speed connectivity solutions for data centers said demand for scale, density, and power efficiency in next-generation AI systems continues to rise rapidly.

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image for news Credo Technology soars after earnings beat: here's why analysts think its a buy
Is Credo Technology a Buy, Sell, or Hold Ahead of Q2 Earnings Release?
CRDO
Published: November 28, 2025 by: Zacks Investment Research
Sentiment: Negative

CRDO's fiscal Q2 2026 hinges on strong AEC and optical demand, but competition, customer reliance and macro uncertainty keep the outlook cautious.

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image for news Is Credo Technology a Buy, Sell, or Hold Ahead of Q2 Earnings Release?
Strength Seen in Credo Technology Group (CRDO): Can Its 13.0% Jump Turn into More Strength?
CRDO
Published: November 25, 2025 by: Zacks Investment Research
Sentiment: Positive

Credo Technology Group (CRDO) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

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image for news Strength Seen in Credo Technology Group (CRDO): Can Its 13.0% Jump Turn into More Strength?
Is Credo Technology's Strong Cash Position a Competitive Advantage?
CRDO
Published: November 21, 2025 by: Zacks Investment Research
Sentiment: Positive

CRDO's surging revenues and $479.6M cash pile will enable its push into hyperscale growth, new products and M&A amid rising competition.

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image for news Is Credo Technology's Strong Cash Position a Competitive Advantage?
Can Credo Keep Its Solid Margins Intact Amid Rapid FY26 Growth?
CRDO
Published: November 21, 2025 by: Zacks Investment Research
Sentiment: Positive

CRDO posts robust revenue and margins as hyperscale demand surges, raising the stakes for its growth and competitive position in fiscal 2026.

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image for news Can Credo Keep Its Solid Margins Intact Amid Rapid FY26 Growth?
CRDO vs. AVGO: Which Data Center Connectivity Stock Is the Smart Pick?
AVGO, CRDO
Published: November 17, 2025 by: Zacks Investment Research
Sentiment: Positive

Credo Technology's focused AI-driven growth, booming AEC demand and rising optical momentum set it apart from larger, diversified rivals.

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image for news CRDO vs. AVGO: Which Data Center Connectivity Stock Is the Smart Pick?
Credo Technology Up 38% in Three Months: Can the Stock Climb Higher?
CRDO
Published: November 10, 2025 by: Zacks Investment Research
Sentiment: Positive

CRDO's 38% surge rides AI data center demand, but lofty valuation and hyperscaler risks temper near-term upside.

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image for news Credo Technology Up 38% in Three Months: Can the Stock Climb Higher?
Top 10 Quant Stocks Of 2025 Up 45%
AGX, CLS, CRDO, DXPE, EAT, INTA, LRN, OPFI, PYPL, URBN
Published: November 05, 2025 by: Seeking Alpha
Sentiment: Positive

As of Oct. 31, SA Quant's Top 10 Stocks for 2025 have significantly outperformed the S&P 500, gaining nearly 45% vs. the S&P 500's 18%. Two out of 10 stocks have delivered triple-digit returns, with Celestica delivering an incredible 236% since it was selected on Jan. 9, 2025. While only three stocks are Quant-rated ‘Buy' or ‘Strong Buys,' the list remains fundamentally strong, with several stocks primed for long-term outperformance.

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image for news Top 10 Quant Stocks Of 2025 Up 45%
CRDO vs. ALAB: Which High Speed Connectivity Stock Is the Smarter Buy?
ALAB, CRDO
Published: October 24, 2025 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.

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image for news CRDO vs. ALAB: Which High Speed Connectivity Stock Is the Smarter Buy?
Semiconductor Stock Ready to Bounce Off Bullish Trendline
CRDO
Published: October 17, 2025 by: Schaeffers Research
Sentiment: Positive

Subscribers to Schaeffer's Weekend Trader options recommendation service received this CRDO commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters.

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image for news Semiconductor Stock Ready to Bounce Off Bullish Trendline
Play the AI Boom With Credo Stock, J.P. Morgan Says.
CRDO
Published: October 17, 2025 by: Barrons
Sentiment: Positive

The company is a leader in high-speed data connections used in AI data centers.

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image for news Play the AI Boom With Credo Stock, J.P. Morgan Says.
Credo Technology's Focus on Innovation to Augment Top-Line Momentum
CRDO
Published: October 17, 2025 by: Zacks Investment Research
Sentiment: Positive

CRDO's new ZeroFlap optical transceivers and cutting-edge DSPs fuel rapid growth across AI, cloud and data center markets.

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image for news Credo Technology's Focus on Innovation to Augment Top-Line Momentum

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.