CRDON Stock Chart & Stats
$4012.23
-$444.99(-10.80%)
At close: 4:00 PM EDT
$4012.23
-$444.99(-10.80%)
Day’s Range― - ―
52-Week Range$1,570.00 - $5,310.00
Previous CloseN/A
Volume343.00
Average Volume (3M)2.86K
Market Cap
$542.19B
Enterprise Value$39.50K
Total Cash (Recent Filing)$764.26M
Total Debt (Recent Filing)$20.74M
Price to Earnings (P/E)56.9
Beta1.16
Next Earnings
Dec 02, 2026EPS Estimate
21.81Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.95
Shares Outstanding187,951,920
10 Day Avg. Volume7,934
30 Day Avg. Volume2,858
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$4,851.49Price Target Upside20.92% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
EPS Forecast (FY)105.93
Revenue Forecast (FY)$42.28B
Bulls Say, Bears Say
Bulls Say
High-growth, High-margin ModelCredo is demonstrating strong operating leverage as rapid data-center connectivity adoption translates into exceptional growth and profitability. High gross margins indicate differentiated, high-value technology, while the scale of recent revenue expansion supports continued investment in product development and market share.
Strong Cash Generation And Balance SheetRobust cash conversion and substantial liquidity give Credo flexibility to fund research, capacity commitments, and strategic acquisitions without relying on additional capital. Minimal leverage further improves resilience through semiconductor cycles and supports sustained investment in emerging connectivity opportunities.
Broadening Connectivity And Optics PortfolioThe expanding portfolio across copper, optical DSPs, silicon photonics, and advanced optics creates multiple avenues for growth as AI infrastructure requires greater bandwidth and energy efficiency. The acquisition and product roadmap also broaden Credo’s addressable market beyond its established connectivity offerings.
Bears Say
Customer ConcentrationHeavy dependence on a small number of large customers increases revenue concentration and makes quarterly results vulnerable to shipment timing, design decisions, or changes in individual deployment plans. This can create meaningful variability even when the broader data-center connectivity market remains healthy.
Optical And 200G Ramp Execution RiskCredo’s growth outlook increasingly depends on successfully converting optical and higher-speed connectivity programs into production revenue. Customer deployment timing and the delayed contribution from 200G create execution uncertainty, potentially shifting the expected growth inflection across fiscal periods.
Capacity And Spending PressureAdvanced-node capacity constraints could affect the timing of product ramps even as demand remains strong. At the same time, sharply higher operating expenses reflect substantial investment needs, creating a risk that execution costs rise faster than anticipated or temporarily reduce the benefit of operating leverage.
Credo Technology Group Holding Ltd News
CRDON 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 $1570.00 and its highest was $5310.00 in the past 12 months.
What is Credo Technology Group Holding Ltd’s market cap?
Credo Technology Group Holding Ltd’s market cap is $542.19B.
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 83 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 $20.371 earnings per share for the quarter, beating the consensus estimate of $19.93 by $0.441.
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 21.81.
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 $20.371 in its last earnings report, beating expectations of $19.93. Following the earnings report the stock price went down -21.422%.
Which hedge fund is a major shareholder of Credo Technology Group Holding Ltd?
Currently, no hedge funds are holding shares in MX:CRDON
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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5
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10
Analyst Consensus
Strong Buy
Average Price Target:
$4,851.49 (20.92% Upside)
$4,851.49 (20.92% Upside)
Blogger Sentiment
Bullish
MX:CRDON Sentiment 84%
Sector Average 60%
Sector Average 60%
Insider Transactions
Sold Shares
Worth $280.7M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
13.70%
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.
CRDON 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 MX:CRDON earnings summariesCRDON Stock 12 Month Forecast
Average Price Target
$4,851.49
▲(20.92% Upside)
Technical Analysis
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