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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)4.82M
Market Cap
$38.83B
Enterprise Value$39.50K
Total Cash (Recent Filing)$1.44B
Total Debt (Recent Filing)$25.45M
Price to Earnings (P/E)56.0
Beta3.72
Next Earnings
Dec 02, 2026EPS Estimate
1.29Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.62
Shares Outstanding187,934,660
10 Day Avg. Volume4,102,821
30 Day Avg. Volume4,816,586
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
$287.08Price Target Upside26.74% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
EPS Forecast (FY)6.19
Revenue Forecast (FY)$2.47B
Bulls Say, Bears Say
Bulls Say
High Margins And ProfitabilitySustained gross margins near 68% and strong net margins indicate durable product-level pricing power and cost structure advantages in high-speed SerDes and optics. These margins support robust cash generation, reinvestment for R&D, and improve resilience to cyclical semiconductor demand swings.
Strong Cash Generation And Conservative Balance SheetLarge operating cash flows and substantial cash balances provide long-term financial flexibility to fund R&D, capital-lite expansion, and M&A (e.g., Dust Photonics). Low leverage and positive FCF reduce refinancing risk and support multi-year product ramp funding without dilutive capital raises.
Strategic Optics Portfolio And Inorganic BuildoutAdding silicon-photonics and optics IP via Dust Photonics materially expands addressable market and vertical stack presence. The combined optics roadmap (SiPho PICs, DSPs, ZeroFlap) creates multi-year revenue levers and sticky design wins that raise barriers for competitors in hyperscale interconnects.
Bears Say
Customer Concentration And LumpinessHeavy revenue reliance on a few customers creates durable execution risk: single-customer ordering patterns can cause quarter-to-quarter volatility, amplify negotiation leverage, and make scaling optics revenue and multi-customer diversification crucial to sustain forecasted growth.
Supply-chain And Advanced-node Capacity RisksDependence on advanced process nodes and constrained supplier capacity can limit ability to meet demand for next-gen optical and SerDes products. Persistent node scarcity or vendor allocation shifts could delay customer ramps, raising structural execution risk beyond quarter-to-quarter timing.
Timing Uncertainty For Optical And 200G RampsThe company’s multi-year growth thesis relies on a back-half optical inflection and later 200G adoption. If customer deployment timing slips, revenue and margin expansion tied to optics could be pushed out, pressuring multi-year targets and making execution timing a structural risk for forecasts.
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 $38.83B.
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 89 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 187,934,660 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
Neutral
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10
Analyst Consensus
Strong Buy
Average Price Target:
$287.08 (26.74% Upside)
$287.08 (26.74% Upside)
Blogger Sentiment
Bullish
CRDO Sentiment 83%
Sector Average 59%
Sector Average 59%
Hedge Fund Trend
Decreased
By 287.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $18.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 1.8%
Last 30 Days ▲ 1.7%
Last 30 Days ▲ 1.7%
News Sentiment
Bullish
Bullish news 77%
Bearish news 23%
Bearish news 23%
Technicals
SMA
Positive
20 days / 200 days
Momentum
32.95%
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 conveyed very strong operational and financial momentum: record revenue, large double- and triple-digit year-over-year growth, industry-leading margins, robust cash generation, and an aggressive product and optics roadmap (including the Dust Photonics acquisition). Management provided confident guidance for continued revenue growth (>80% YoY for FY27) and outlined a clear back-half inflection driven by optics while acknowledging execution and timing risks (customer lumpiness, supply-chain/process-node capacity, tariff uncertainty) and near-term elevated R&D/opex. On balance the positives (scale, margin expansion, product and M&A momentum, strong cash) substantially outweigh the cited risks.View all CRDO earnings summariesCRDO Stock 12 Month Forecast
Average Price Target
$287.08
▲(26.74% Upside)
Technical Analysis
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Ownership Overview
9.76% Insiders
21.12% Mutual Funds
16.78% Other Institutional Investors
31.02% Public Companies and Individual Investors