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 23.103
  • Debt/Equity 0.01
  • CurrentRatio 8.8581
  • ROIC 0.1495

 

  • MktCap 29600368764.0
  • FreeCF/Share 0.5383
  • PFCF 316.6899
  • PE 140.1627
  • 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 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.

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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.

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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.

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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
3 Momentum Anomaly Stocks to Buy Amid Tariff-Induced Volatility
CRDO, HOOD, SHOP
Published: October 16, 2025 by: Zacks Investment Research
Sentiment: Positive

SHOP, HOOD and CRDO emerge as top momentum picks amid tariff-driven market swings, each showing strong long-term gains despite short-term pullbacks.

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image for news 3 Momentum Anomaly Stocks to Buy Amid Tariff-Induced Volatility
Credo Joins Arm Total Design to Accelerate the Development of Custom Silicon for AI Data Centers
CRDO
Published: October 14, 2025 by: Business Wire
Sentiment: Neutral

SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo Joins Arm Total Design to Accelerate the Development of Custom Silicon for AI Data Centers.

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image for news Credo Joins Arm Total Design to Accelerate the Development of Custom Silicon for AI Data Centers
Credo: Cheap Or Expensive For The AI Opportunity?
CRDO
Published: October 13, 2025 by: Seeking Alpha
Sentiment: Positive

Credo Technology Group Holding Ltd shares have been taking a beating for the past month and crashed 8% on Friday. We see a window to load up. Credo's AEC product line is gaining traction with hyperscalers due to the better signal integrity and a smaller form factor needed as we see more rackable solutions. Customer concentration risk is not really an issue anymore, with revenue diversification expected to strengthen as Credo hosts as many as six hyperscaler customers during FY26.

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image for news Credo: Cheap Or Expensive For The AI Opportunity?
CRDO Surges 289% in Six Months: Is it Still a Buying Opportunity?
CRDO
Published: October 09, 2025 by: Zacks Investment Research
Sentiment: Positive

Credo Technology Group Holding Ltd CRDO has been one of the top gainers in the semiconductor space. The stock has surged 289.3% in the past six months, outperforming the Electronic-Semiconductors and the broader Computer and Technology sector's growth of 77.6% and 47.2%, respectively.

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image for news CRDO Surges 289% in Six Months: Is it Still a Buying Opportunity?
5 AI Infrastructure Stocks With Triple-Digit Returns YTD to Buy for Q4
CLS, CRDO, MU, UI, WDC
Published: October 09, 2025 by: Zacks Investment Research
Sentiment: Positive

Five AI infrastructure players namely, CRDO, WDC, CLS, MU and UI have notched triple-digit returns YTD, with momentum still building into Q4.

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image for news 5 AI Infrastructure Stocks With Triple-Digit Returns YTD to Buy for Q4
Credo Acquires Hyperlume, Taps MicroLED Tech for AI Data Centers
CRDO
Published: October 03, 2025 by: Zacks Investment Research
Sentiment: Positive

CRDO's Hyperlume acquisition brings cutting-edge microLED optical interconnects to strengthen AI and data center connectivity solutions.

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image for news Credo Acquires Hyperlume, Taps MicroLED Tech for AI Data Centers
What Makes Credo Technology Group Holding Ltd. (CRDO) a Strong Momentum Stock: Buy Now?
CRDO
Published: September 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?

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image for news What Makes Credo Technology Group Holding Ltd. (CRDO) a Strong Momentum Stock: Buy Now?
Credo Launches 224G PAM4 SerDes IP on TSMC N3 for 1.6T Networking
CRDO
Published: September 25, 2025 by: Zacks Investment Research
Sentiment: Positive

CRDO's 224G PAM4 IP on TSMC N3 boosts 1.6Tbps connectivity, powering next-gen AI and cloud workloads while expanding its SerDes portfolio.

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image for news Credo Launches 224G PAM4 SerDes IP on TSMC N3 for 1.6T Networking
CRDO vs. MRVL: Which Connectivity Stock Has More Upside in the AI Era?
CRDO, MRVL
Published: September 24, 2025 by: Zacks Investment Research
Sentiment: Positive

CRDO's hyperscaler momentum and AEC strength fuel rapid growth, while MRVL leans on custom silicon and optics in data centers.

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image for news CRDO vs. MRVL: Which Connectivity Stock Has More Upside in the AI Era?
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.

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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.

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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.

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image for news CRDO Guides 120% Growth in Fiscal 2026: Will the Momentum Sustain?

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.