Credo Technology Group Holding Ltd (CRDO)

US — Technology Sector
Peers: ALGM  CIEN  HPE  LITE  PI 

Automate Your Wheel Strategy on CRDO

With Tiblio's Option Bot, you can configure your own wheel strategy including CRDO - and automate your put writes, covered calls, and full wheel strategy. Just connect one of the supported brokerages: tastytrade, Schwab, TradeStation or Tradier and go.

Start Your Free Trial Now

Key Metrics & Ratings

  • symbol CRDO
  • Rev/Share 3.4906
  • Book/Share 4.5448
  • PB 37.9133
  • Debt/Equity 0.02
  • CurrentRatio 7.4143
  • ROIC 0.1367

 

  • MktCap 29804473451.0
  • FreeCF/Share 0.5436
  • PFCF 318.8736
  • PE 236.7668
  • Debt/Assets 0.0172
  • DivYield 0
  • ROE 0.1889

 

  • 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 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
Reiterated CRDO TD Cowen -- Buy $45 $75 Dec. 3, 2024
Reiterated CRDO Needham -- Buy $43 $70 Dec. 3, 2024
Upgrade CRDO BofA Securities Underperform Buy -- $80 Dec. 3, 2024

News

Can Credo Sustain Momentum in Optical Business Amid Competition?
CRDO
Published: September 19, 2025 by: Zacks Investment Research
Sentiment: Positive

CRDO sees strong optical momentum, with new DSP launches and fiscal 2026 revenue growth projected at roughly 120% year over year.

Read More
image for news Can Credo Sustain Momentum in Optical Business Amid Competition?
CRDO Deepens Ties With Hyperscalers: Key to Next Growth Phase?
CRDO
Published: September 18, 2025 by: Zacks Investment Research
Sentiment: Positive

Credo's hyperscaler partnerships drove 274% revenue growth, fueling AEC adoption and deeper inroads into next-gen AI data centers.

Read More
image for news CRDO Deepens Ties With Hyperscalers: Key to Next Growth Phase?
CRDO Guides 120% Growth in Fiscal 2026: Will the Momentum Sustain?
CRDO
Published: September 17, 2025 by: Zacks Investment Research
Sentiment: Positive

Credo Technology expects revenue growth, fueled by surging AI-driven demand across its connectivity solutions portfolio.

Read More
image for news CRDO Guides 120% Growth in Fiscal 2026: Will the Momentum Sustain?
3 Under-the-Radar Stocks Set to Benefit From Oracle's Boom
AAOI, COHR, CRDO
Published: September 16, 2025 by: MarketBeat
Sentiment: Positive

On Sept. 9, one of the world's biggest tech stocks, Oracle NYSE: ORCL, provided key information that blew investors away. Shares closed up by 36% on Sept.

Read More
image for news 3 Under-the-Radar Stocks Set to Benefit From Oracle's Boom
Credo Technology Group Holding Ltd. (CRDO) Is Up 14.44% in One Week: What You Should Know
CRDO
Published: September 10, 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?

Read More
image for news Credo Technology Group Holding Ltd. (CRDO) Is Up 14.44% in One Week: What You Should Know
Credo Launches High-Performance Bluebird DSP for 1.6Tbps Networks
CRDO
Published: September 10, 2025 by: Zacks Investment Research
Sentiment: Positive

CRDO unveils its Bluebird DSP, powering 1.6Tbps optical transceivers with under-20W efficiency and ultra-low latency for next-gen AI networks.

Read More
image for news Credo Launches High-Performance Bluebird DSP for 1.6Tbps Networks
Best Momentum Stocks to Buy for September 10th
CRDO, JRVR, SFD
Published: September 10, 2025 by: Zacks Investment Research
Sentiment: Positive

JRVR, SFD and CRDO made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 10, 2025.

Read More
image for news Best Momentum Stocks to Buy for September 10th
Earnings Estimates Rising for Credo Technology Group (CRDO): Will It Gain?
CRDO
Published: September 09, 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.

Read More
image for news Earnings Estimates Rising for Credo Technology Group (CRDO): Will It Gain?
Credo's Quiet Domination Of Data Centers
CRDO
Published: September 09, 2025 by: Seeking Alpha
Sentiment: Positive

Q1 FY2026 revenue surged 274% YoY to $223M, with $217M from AECs, and gross margins of 67.3%. Customer concentration risk easing: three hyperscalers now above 10% of sales, largest customer down to 35% from 86%. Technological edge reinforced by 1.6Tbps per port support, 3nm 200Gbps DSP development, and new PCIe/CXL interconnects.

Read More
image for news Credo's Quiet Domination Of Data Centers
CRDO Stock Jumps Post Q1 Earnings: Stay Invested or Lock in Profits?
CRDO
Published: September 08, 2025 by: Zacks Investment Research
Sentiment: Positive

Credo hits 52-week high after fiscal Q1 earnings beat, with soaring AI-fueled demand but valuation and customer risks in focus.

Read More
image for news CRDO Stock Jumps Post Q1 Earnings: Stay Invested or Lock in Profits?
Credo's Q1 Earnings and Sales Surpass Estimates, Rise Y/Y, Stock Up
CRDO
Published: September 04, 2025 by: Zacks Investment Research
Sentiment: Positive

CRDO posts a 273.6% revenue surge and EPS beat, driving shares up 13% on strong product growth and hyperscaler partnerships.

Read More
image for news Credo's Q1 Earnings and Sales Surpass Estimates, Rise Y/Y, Stock Up
How Does Credo's System-Level Strategy Provide an Edge in the AI Era?
CRDO
Published: August 29, 2025 by: Zacks Investment Research
Sentiment: Positive

CRDO is fueling AI-era data centers with a system-level strategy, driving growth across AECs, DSPs and retimers.

Read More
image for news How Does Credo's System-Level Strategy Provide an Edge in the AI Era?
Credo Technology to Report Q1 Earnings: How to Play the Stock?
CRDO
Published: August 29, 2025 by: Zacks Investment Research
Sentiment: Negative

CRDO rides on AI-driven demand with AECs and optical DSPs, but stretched valuation and client concentration risks loom ahead of Q1 results.

Read More
image for news Credo Technology to Report Q1 Earnings: How to Play the Stock?
Is Credo's Optical DSP Business Set to Spur Growth & Revenue Momentum?
CRDO
Published: August 27, 2025 by: Zacks Investment Research
Sentiment: Positive

CRDO's optical DSP momentum builds with new design wins and record efficiency gains. Its total revenues are expected to top $800 million in fiscal 2026.

Read More
image for news Is Credo's Optical DSP Business Set to Spur Growth & Revenue Momentum?
Credo: Bubbly Valuations Could Trigger The Next Pullback
CRDO
Published: August 26, 2025 by: Seeking Alpha
Sentiment: Neutral

Credo Technology Group's upcoming earnings are pivotal, with much optimism already priced in after a strong stock surge and outperformance versus peers. The company's growth is heavily tied to hyperscaler customers, creating revenue concentration risks despite strong AI CapEx tailwinds. While Credo's systems-level approach and market positioning are compelling, growth normalization and high valuation multiples warrant caution.

Read More
image for news Credo: Bubbly Valuations Could Trigger The Next Pullback
CRDO vs. AVGO: Which Data Center Connectivity Stock is the Better Buy?
AVGO, CRDO
Published: August 25, 2025 by: Zacks Investment Research
Sentiment: Positive

Credo surges on AI-driven data center growth while Broadcom leverages scale and custom accelerators to power its semiconductor dominance.

Read More
image for news CRDO vs. AVGO: Which Data Center Connectivity Stock is the Better Buy?
Will Credo's Strong Cash Position Aid in Capturing AI Opportunities?
CRDO
Published: August 21, 2025 by: Zacks Investment Research
Sentiment: Neutral

CRDO ends FY25 with $431.3 million in cash. It expects FY26 revenues to top $800 million, fueled by AI-driven connectivity demand.

Read More
image for news Will Credo's Strong Cash Position Aid in Capturing AI Opportunities?
CRDO Rises 79% YTD: How Should Investors Approach the Stock?
CRDO
Published: August 11, 2025 by: Zacks Investment Research
Sentiment: Neutral

Credo Technology's 79% YTD surge is fueled by AI-driven demand, but premium valuation and hyperscaler risks cloud the near-term outlook.

Read More
image for news CRDO Rises 79% YTD: How Should Investors Approach the Stock?
Credo: When Real Execution And Market Mania Collide
CRDO
Published: August 04, 2025 by: Seeking Alpha
Sentiment: Positive

Credo Technology has delivered explosive growth, with strong revenue guidance for FY 2026, driven by AI and data center demand. Valuation is premium but justified by tangible revenues, profitability, and secular AI tailwinds, though not as robust as platform peers like Nvidia or Palantir. Current share price already prices in aggressive future growth, making fresh entries risky; execution and competitive risks remain significant.

Read More
image for news Credo: When Real Execution And Market Mania Collide
CRDO vs. ALAB: Which High Speed Connectivity Stock Has More Upside?
ALAB, CRDO
Published: July 22, 2025 by: Zacks Investment Research
Sentiment: Neutral

Credo Technology Group Holding Ltd. CRDO and Astera Labs, Inc ALAB are companies that specialize in high-speed connectivity solutions essential for AI and data center infrastructure.

Read More
image for news CRDO vs. ALAB: Which High Speed Connectivity Stock Has More Upside?
Credo Chairman, President and CEO Bill Brennan Joins Global Semiconductor Alliance Board of Directors
CRDO
Published: July 17, 2025 by: Business Wire
Sentiment: Neutral

SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO) an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficiency, is pleased to announce that its Chairman, President and CEO, Bill Brennan, has been elected to the Board of Directors of the Global Semiconductor Alliance (GSA), the leading industry organization uniting the worldwide semiconductor industry. As a GSA Board Member, Mr. Brennan will collaborate wit.

Read More
image for news Credo Chairman, President and CEO Bill Brennan Joins Global Semiconductor Alliance Board of Directors
Credo Bets Big on AEC Business: Will It Deliver Sustainable Growth?
CRDO
Published: July 16, 2025 by: Zacks Investment Research
Sentiment: Positive

CRDO's AEC segment delivered double-digit growth in the fourth quarter as data-center demand drives broader product adoption.

Read More
image for news Credo Bets Big on AEC Business: Will It Deliver Sustainable Growth?
Can Sound Cost Management Continue Driving Credo's Margin Growth?
CRDO
Published: July 14, 2025 by: Zacks Investment Research
Sentiment: Positive

CRDO's margins soar as demand for high-speed connectivity drives explosive growth and positions it for an 85% revenue surge.

Read More
image for news Can Sound Cost Management Continue Driving Credo's Margin Growth?
Credo's Valuation Isn't Frothy
CRDO
Published: July 10, 2025 by: Seeking Alpha
Sentiment: Positive

Credo's revenue and EPS growth are impressive, with margins expanding and Q1 guidance pointing to even stronger results ahead. Management is actively diversifying the customer base, reducing Amazon dependency and mitigating key business risks. Despite a high P/S ratio, I believe Credo's exceptional growth and industry leadership justify the premium valuation.

Read More
image for news Credo's Valuation Isn't Frothy
Are Computer and Technology Stocks Lagging Credo Technology Group (CRDO) This Year?
CRDO
Published: July 10, 2025 by: Zacks Investment Research
Sentiment: Negative

Here is how Credo Technology Group Holding Ltd. (CRDO) and IBM (IBM) have performed compared to their sector so far this year.

Read More
image for news Are Computer and Technology Stocks Lagging Credo Technology Group (CRDO) This Year?
Credo Technology Surges 144% in 3 Months: Is the Stock Still a Buy?
CRDO
Published: July 09, 2025 by: Zacks Investment Research
Sentiment: Positive

CRDO jumps 144% in three months as AI momentum, strong product demand and upbeat outlook fuel investor confidence.

Read More
image for news Credo Technology Surges 144% in 3 Months: Is the Stock Still a Buy?
CRDO's Growth Engine Fueled By Top-Line Gains & Operational Discipline
CRDO
Published: June 27, 2025 by: Zacks Investment Research
Sentiment: Positive

Credo expands margins and accelerates product wins as disciplined growth is expected to push net margin toward 40% in fiscal 2026.

Read More
image for news CRDO's Growth Engine Fueled By Top-Line Gains & Operational Discipline
Are You Looking for a Top Momentum Pick? Why Credo Technology Group Holding Ltd.
CRDO
Published: June 26, 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?

Read More
image for news Are You Looking for a Top Momentum Pick? Why Credo Technology Group Holding Ltd.
2 Must-Buy Tech Stocks for July: ROK, CRDO
CRDO, ROK
Published: June 26, 2025 by: Zacks Investment Research
Sentiment: Positive

It's time for investors to buy strong technology stocks set to benefit from the artificial intelligence boom and other key trends heading into July.

Read More
image for news 2 Must-Buy Tech Stocks for July: ROK, CRDO
Can CRDO Beat Bigger Rivals in the Race to Power AI-Driven Networks?
CRDO
Published: June 25, 2025 by: Zacks Investment Research
Sentiment: Positive

CRDO accelerates on AI data center tailwinds, with FY25 revenues up 126% and FY26 set to top $800 million.

Read More
image for news Can CRDO Beat Bigger Rivals in the Race to Power AI-Driven Networks?

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.