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
$517.74B
Enterprise Value$39.50B
Total Cash (Recent Filing)$764.26M
Total Debt (Recent Filing)$20.74M
Price to Earnings (P/E)49.9
Beta0.98
Next Earnings
Dec 02, 2026EPS Estimate
23.69Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.95
Shares Outstanding187,951,920
10 Day Avg. Volume3,155
30 Day Avg. Volume2,856
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
$5,246.65Price Target Upside30.77% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
EPS Forecast (FY)117.87
Revenue Forecast (FY)$46.84B
Bulls Say, Bears Say
Bulls Say
High-growth Connectivity DemandThe outlook indicates strong demand for Credo’s connectivity products as bandwidth needs expand across data centers, AI systems, and networking architectures. Sustained adoption across multiple product categories could broaden the revenue base and support durable operating leverage over the coming quarters.
Strong Margins And Cash GenerationHigh gross and net margins show that Credo is monetizing differentiated connectivity technology with substantial value capture. Strong free cash flow conversion improves the quality of reported earnings and provides internally generated funding for product development, capacity, and strategic expansion.
Integrated Technology PortfolioA broader integrated portfolio can make Credo more strategic to customers by addressing performance, power, signal integrity, reliability, and diagnostics together. This supports cross-selling, strengthens differentiation versus narrower offerings, and positions the company for emerging near-package optics architectures.
Bears Say
High Customer ConcentrationRevenue concentration leaves results exposed to spending decisions, product ramps, and design changes at a small number of customers. Even with diversification efforts, the current mix means a delay or reduction from one major account could materially affect growth, utilization, and earnings over several quarters.
Working-capital And Inventory PressureWorking-capital swings can reduce the cash available to fund growth even when accounting profits remain strong. Rising inventory also increases exposure to product transitions and demand changes, potentially extending the cash conversion cycle and making reported cash generation more volatile during rapid expansion.
Heavy Investment BurdenCredo must sustain substantial R&D spending to support its expanding product roadmap and preserve technology leadership. Although planned expense growth is below expected revenue growth, weaker execution or slower product adoption could cause this investment to weigh on margins and reduce 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 $517.74B.
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 36 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 $22.103 earnings per share for the quarter, beating the consensus estimate of $21.624 by $0.479.
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 23.69.
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 $22.103 in its last earnings report, beating expectations of $21.624. 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
1
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5
6
7
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9
10
Analyst Consensus
Strong Buy
Average Price Target:
$5,246.65 (30.77% Upside)
$5,246.65 (30.77% Upside)
Blogger Sentiment
Bullish
MX:CRDON Sentiment 81%
Sector Average 66%
Sector Average 66%
Insider Transactions
Sold Shares
Worth $43.7M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-2.43%
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.
CRDON 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 MX:CRDON earnings summariesCRDON Stock 12 Month Forecast
Average Price Target
$5,246.65
▲(30.77% Upside)
Technical Analysis
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