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CRDO Stock Chart & Stats
$226.51
$2.23(1.05%)
At close: 4:00 PM EDT
$226.51
$2.23(1.05%)
Day’s Range― - ―
52-Week Range$86.49 - $308.67
Previous CloseN/A
Volume12.96K
Average Volume (3M)7.46M
Market Cap
$39.65B
Enterprise Value$39.50K
Total Cash (Recent Filing)$764.26M
Total Debt (Recent Filing)$20.74M
Price to Earnings (P/E)71.5
Beta3.61
Next Earnings
Dec 02, 2026EPS Estimate
1.29Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.95
Shares Outstanding187,951,920
10 Day Avg. Volume8,720,164
30 Day Avg. Volume7,464,258
Financial Highlights & Ratios
PEG Ratio0.09
Price to Book (P/B)15.95
Price to Sales (P/S)24.66
P/FCF Ratio80.88
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$283.62Price Target Upside25.21% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
EPS Forecast (FY)6.3
Revenue Forecast (FY)$2.50B
Bulls Say, Bears Say
Bulls Say
High-growth, High-margin ModelCredo is demonstrating strong operating leverage as rapid revenue growth converts into exceptional gross and net margins. This suggests meaningful value in its connectivity products and creates internal funding capacity for continued R&D, product launches, and customer expansion over the next several quarters.
Broadening Connectivity PortfolioThe integrated portfolio broadens Credo’s role in data-center connectivity and can improve reliability, power use, signal integrity, and diagnostics for customers. Combining SerDes, DSP, PIC, and software capabilities may also strengthen differentiation and increase content opportunities as architectures evolve.
Strong Balance Sheet And Cash GenerationPositive free cash flow and a substantial cash balance give Credo flexibility to fund product development, acquisitions, and capacity for growth without relying heavily on external financing. Minimal debt further reduces financial strain and supports resilience through semiconductor demand cycles.
Bears Say
High Customer ConcentrationRevenue remains materially concentrated among a small number of customers, so changes in a major account’s deployment schedule, purchasing decisions, or product mix could affect results disproportionately. This concentration can make otherwise strong growth less predictable and increase quarterly execution risk.
Elevated Operating InvestmentCredo is investing aggressively in R&D and expects operating expenses to rise substantially, which could pressure margins if new products or design wins take longer to scale. The spending is growth-oriented, but it raises the execution burden needed to preserve the company’s current profitability.
Working-capital Cash Flow VolatilityWorking-capital movements are creating volatility between accounting earnings and cash generation, while the inventory increase raises the need for successful product ramps and disciplined demand planning. Persistent swings could reduce internally available funds and complicate investment pacing during growth.
Credo Technology Group Holding Ltd News
CRDO FAQ
What was Credo Technology Group Holding Ltd’s price range in the past 12 months?
Credo Technology Group Holding Ltd lowest stock price was $86.48 and its highest was $308.67 in the past 12 months.
What is Credo Technology Group Holding Ltd’s market cap?
Credo Technology Group Holding Ltd’s market cap is $39.65B.
When is Credo Technology Group Holding Ltd’s upcoming earnings report date?
Credo Technology Group Holding Ltd’s upcoming earnings report date is Dec 02, 2026 which is in 66 days.
How were Credo Technology Group Holding Ltd’s earnings last quarter?
Credo Technology Group Holding Ltd released its earnings results on Sep 01, 2026. The company reported $1.2 earnings per share for the quarter, beating the consensus estimate of $1.174 by $0.026.
Is Credo Technology Group Holding Ltd overvalued?
According to Wall Street analysts Credo Technology Group Holding Ltd’s price is currently Undervalued.
Does Credo Technology Group Holding Ltd pay dividends?
Credo Technology Group Holding Ltd does not currently pay dividends.
What is Credo Technology Group Holding Ltd’s EPS estimate?
Credo Technology Group Holding Ltd’s EPS estimate is 1.29.
How many shares outstanding does Credo Technology Group Holding Ltd have?
Credo Technology Group Holding Ltd has 187,951,920 shares outstanding.
What happened to Credo Technology Group Holding Ltd’s price movement after its last earnings report?
Credo Technology Group Holding Ltd reported an EPS of $1.2 in its last earnings report, beating expectations of $1.174. Following the earnings report the stock price went down -20.041%.
Which hedge fund is a major shareholder of Credo Technology Group Holding Ltd?
Currently, no hedge funds are holding shares in CRDO
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Credo Technology Group Holding Ltd Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$283.62 (25.21% Upside)
$283.62 (25.21% Upside)
Blogger Sentiment
Bullish
CRDO Sentiment 80%
Sector Average 62%
Sector Average 62%
Hedge Fund Trend
Decreased
By 287.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.9%
Last 30 Days ▲ 9.1%
Last 30 Days ▲ 9.1%
News Sentiment
Very Bullish
Bullish news 83%
Bearish news 17%
Bearish news 17%
Technicals
SMA
Positive
20 days / 200 days
Momentum
45.55%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
232.83%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Credo Technology Group Holding Ltd
Credo Technology Group Holding Ltd (CRDO) specializes in delivering advanced high-speed connectivity solutions for both optical and electrical Ethernet applications. Its operational reach extends globally, encompassing the United States, Mexico, Mainland China, Hong Kong, and various other international regions. The company's product offerings include integrated circuits (ICs), active electrical cables (AECs), and SerDes chiplets, all developed utilizing its proprietary serializer/deserializer (SerDes) and digital signal processor (DSP) technologies. Beyond hardware, Credo also provides intellectual property (IP) solutions, particularly focusing on SerDes IP licensing. Established in 2008, the firm's corporate headquarters are situated in San Jose, California.
CRDO Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was strongly positive, featuring record revenue, more than 100% year-over-year growth for the seventh consecutive quarter, record optical DSP and retimer revenue, expanding customer engagement, and reaffirmed fiscal 27 growth expectations. The main negatives were elevated R&D-related operating expenses, working-capital-driven cash flow pressure, acquisition-related cash usage, higher inventory, customer concentration, and an uncertain tariff regime. Highlights significantly outweighed the lowlights.View all CRDO earnings summariesCRDO Stock 12 Month Forecast
Average Price Target
$283.62
▲(25.21% Upside)
Technical Analysis
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Ownership Overview
9.70% Insiders
21.12% Mutual Funds
16.80% Other Institutional Investors
29.97% Public Companies and Individual Investors