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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)8.39M
Market Cap
$31.90B
Enterprise Value$39.50B
Total Cash (Recent Filing)$764.26M
Total Debt (Recent Filing)$20.74M
Price to Earnings (P/E)57.5
Beta3.65
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. Volume8,631,405
30 Day Avg. Volume8,394,075
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 Cap1.24
Enterprise Value/Revenue24.82
Enterprise Value/Gross Profit37.01
Enterprise Value/Ebitda67.01
Forecast
1Y Price Target
$280.54Price Target Upside23.85% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
EPS Forecast (FY)6.3
Revenue Forecast (FY)$2.50B
Bulls Say, Bears Say
Bulls Say
Exceptional Revenue GrowthCredo is converting strong demand for high-speed connectivity into exceptional growth, with seven consecutive quarters of triple-digit year-over-year expansion. The fiscal 27 outlook indicates this momentum is expected to persist across optical, retimer, and related product lines.
Strong Margins And Cash GenerationHigh gross and net margins demonstrate substantial value creation from Credo’s connectivity technology, while strong cash conversion supports internally funded expansion. This combination provides financial capacity to invest in product development without relying heavily on external financing.
Integrated Connectivity PortfolioThe integrated portfolio can improve reliability, power efficiency, signal integrity, diagnostics, and cost across increasingly complex data-center links. Combining multiple connectivity technologies also broadens Credo’s role in customer architectures and supports participation in future optical and scale-up designs.
Bears Say
High Customer ConcentrationRevenue dependence on a small number of large customers creates a durable concentration risk because design decisions, purchasing cycles, or production changes at one account could materially affect results. This may also increase bargaining pressure as Credo scales.
Earnings And Cash-Flow VolatilityThe sharp transition from losses to high profitability shows strong improvement but also indicates that earnings may remain sensitive to product cycles, demand changes, and working-capital movements. Such variability can make cash generation and forward planning less predictable.
Heavy Investment And Working-Capital NeedsCredo must sustain substantial R&D spending to support multiple new product roadmaps, while rising inventory and working-capital requirements can absorb cash before demand converts into revenue. If growth moderates, this investment profile could pressure margins and returns.
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 $31.90B.
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 44 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:
$280.54 (23.85% Upside)
$280.54 (23.85% Upside)
Blogger Sentiment
Bullish
CRDO Sentiment 81%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 287.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.4%
Last 30 Days ▲ 1.4%
Last 30 Days ▲ 1.4%
News Sentiment
Very Bullish
Bullish news 86%
Bearish news 14%
Bearish news 14%
Technicals
SMA
Positive
20 days / 200 days
Momentum
24.29%
12-Months-Change
Fundamentals
Return on Equity
27.16%
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
$280.54
▲(23.85% Upside)
Technical Analysis
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Ownership Overview
9.21% Insiders
21.12% Mutual Funds
0.73% Other Institutional Investors
45.33% Public Companies and Individual Investors












