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CRDO Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
210.970
Open
187.310
VWAP
202.40
Vol
8.00M
Mkt Cap
38.78B
Low
186.010
Amount
1.62B
EV/EBITDA(TTM)
95.54
Total Shares
184.45M
EV
33.47B
EV/OCF(TTM)
98.47
P/S(TTM)
32.98
Credo Technology Group Holding Ltd is a Cayman Islands-based holding company. The Company delivers high-speed solutions to break bandwidth barriers on every wired connection in the data infrastructure market. It provides high-speed connectivity solutions that deliver improved power efficiency as data rates and corresponding bandwidth requirements increase exponentially throughout the data infrastructure market. Its connectivity solutions are optimized for optical and electrical Ethernet applications, including the emerging 100 gigabits per second (G), 200G, 400G, 800G and the emerging 1.6 terabits per second (T) port markets. Its products are based on its Serializer/Deserializer (SerDes) and Digital Signal Processor (DSP) technologies. Its product families include integrated circuits (ICs) for the optical and line card markets, active electrical cables (AECs) and SerDes Chiplets. The Company’s intellectual property (IP) solutions consist primarily of SerDes IP licensing.
Show More

Events Timeline

(ET)
2026-04-21
08:50:00
Stock Futures Rise as Amazon Invests Up to $25B
select
2026-04-16 (ET)
2026-04-16
10:10:00
Credo Technology Shares Down 7.5% to $155.69
select
2026-04-14 (ET)
2026-04-14
12:10:00
Credo Technology Stock Rises 18.4% to $159.02
select
2026-04-14
10:10:00
Credo Technology Stock Rises 13.1% to $152.00
select

News

NASDAQ.COM
4.5
05-07NASDAQ.COM
IWM ETF 52-Week Price Range Analysis
  • Price Range Analysis: The IWM ETF's 52-week low is $198.26 per share, with a high of $287.58, and the latest trade at $284.65 indicates stability near its high, potentially attracting investor interest in future movements.
  • Technical Analysis Tool: Comparing the latest share price to the 200-day moving average provides valuable insights for investors, helping them assess market trends and identify potential buy or sell opportunities.
  • ETF Unit Trading Mechanism: ETFs trade like stocks, where investors buy and sell 'units' that can be created or destroyed based on demand, impacting liquidity and market performance.
  • Inflows and Outflows Monitoring: Weekly monitoring of changes in shares outstanding helps identify ETFs experiencing notable inflows (new units created) or outflows (old units destroyed), assessing their impact on underlying assets and market sentiment.
CNBC
8.5
05-05CNBC
Small Cap Investors See Huge Gains in April
  • Strong Small Cap Performance: In April, the Russell 2000 surged over 12%, marking its best monthly performance since November 2020, significantly outperforming the S&P 500's 10.4% gain, indicating a robust recovery potential for small caps.
  • Earnings Expectations Rise: Bank of America analysts expect small caps to continue leading, driven by EPS and manufacturing recovery, suggesting increasing market confidence that may attract more investors to this segment.
  • ETF Investment Opportunities: Bank of America highlighted the iShares US Small-Cap Equity Factor ETF (SMLF), which is up over 11% this year with an expense ratio of just 0.15%, and boasts over 80% of its companies being profitable, showcasing its superior earnings potential compared to the Russell 2000.
  • International Small Cap Value: The Avantis International Small Cap Value ETF (AVDV) has risen 13% year-to-date with a 0.36% expense ratio, outperforming U.S. large growth stocks since COVID, providing a solid opportunity for diversification in small-cap investments.
Fool
7.5
05-05Fool
Accelerating Investments in AI Infrastructure
  • Credo Technology Group's Rise: In Q3 of fiscal 2026, Credo Technology Group reported $407 million in revenue, a staggering 202% year-over-year increase, primarily driven by demand from hyperscalers like Amazon and Microsoft, highlighting its critical role in AI infrastructure.
  • Market Share Expansion: Credo's active electrical cables offer approximately 50% more efficiency than traditional optical solutions, providing a significant competitive edge in addressing energy consumption issues within data centers, thereby solidifying its market dominance.
  • UiPath's Successful Transformation: UiPath achieved $1.611 billion in revenue for fiscal 2026, a 13% year-over-year growth, and posted a GAAP profit of $57 million for the first time, marking a successful shift from traditional RPA to an enterprise-grade AI execution layer that meets businesses' needs for reliability and traceability.
  • AI Solutions Portfolio Expansion: UiPath is actively expanding its AI solutions portfolio through the acquisition of WorkFusion, covering areas such as healthcare revenue cycle management and financial compliance, enhancing its competitiveness in the rapidly evolving AI market.
NASDAQ.COM
7.5
05-05NASDAQ.COM
Accelerating Investment in AI Infrastructure
  • Credo's Technical Edge: Credo Technology Group reported $407 million in revenue for Q3 FY2026, reflecting a staggering 202% year-over-year increase and 52% sequential growth, primarily driven by its efficient Active Electrical Cable technology, which has attracted major hyperscaler clients like Amazon and Microsoft, solidifying its market dominance.
  • Legal Risk Mitigation: In late March 2026, Credo settled patent disputes with TE Connectivity and Molex, removing significant legal overhang that had clouded its performance outlook, allowing the company to focus more on business growth and market expansion.
  • UiPath's Successful Transformation: UiPath achieved $1.611 billion in revenue for FY2026, up 13% year-over-year, and marked its first GAAP profitability with $57 million in operating income, indicating significant progress in its strategic pivot towards becoming the execution layer for enterprise AI.
  • Competitive Market Pressures: Despite UiPath's improving position in the AI space, it faces fierce competition from large platform vendors like Microsoft, necessitating ongoing proof of the value of its specialized enterprise automation solutions to maintain market share and future growth potential.
seekingalpha
6.0
05-01seekingalpha
Rothschild Ratings Analysis on AI-Linked Stocks
  • Ratings and Price Targets: Rothschild & Co. assigned Neutral ratings to Astera Labs and Ciena with price targets of $153 and $416 respectively, indicating a cautious outlook that may affect investor confidence.
  • Buy Ratings: Credo, Celestica, Lumentum, and Coherent received Buy ratings with price targets of $206, $460, $1,270, and $455 respectively, suggesting analysts are optimistic about their future growth, potentially attracting more investor interest.
  • Market Transformation: Analyst Mike Harrison noted that the monetization of Generative AI requires more intelligent large language models, and the rate of information exchange is limited by traditional copper interconnects, driving demand for optical signal transmission, indicating new market opportunities for optical networking companies.
  • Market Expansion: As the demand for optical technologies increases with scale-up architectures, the total addressable market for optical-focused companies is expected to expand, indicating that these companies will likely experience rapid revenue growth, reflecting the strategic significance of industry transformation.
CNBC
6.0
05-01CNBC
Latest Wall Street Rating Updates
  • Apple's Positive Outlook: Bank of America reiterates a buy rating on Apple, forecasting that iPhone revenues will exceed expectations in 2026 due to record upgraders and strong gross margins despite commodity pressures, indicating sustained competitiveness in the smartphone market.
  • Roblox Demand Slowdown: Bank of America downgrades Roblox to neutral, citing a significant decline in platform demand; while acknowledging its ability to compress development costs, the uncertainty around the timeline for demand recovery may impact its market performance.
  • CoreWeave Growth Potential: Citi reiterates CoreWeave as a buy, raising its price target from $126 to $155, estimating a quarterly growth of 35-40% in AI infrastructure, showcasing strong performance across a diversified customer base.
  • Hershey's Positive Outlook: TD Cowen upgrades Hershey to buy, expressing confidence that the company will raise its 2026 guidance and return to volume growth in 2027, reflecting strong recovery potential in the confectionery market.
Wall Street analysts forecast CRDO stock price to rise
13 Analyst Rating
Wall Street analysts forecast CRDO stock price to rise
12 Buy
1 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
170.00
Averages
221.82
High
260.00
Current: 0.000
sliders
Low
170.00
Averages
221.82
High
260.00
Rothschild & Co Redburn
Buy
initiated
$206
AI Analysis
2026-05-01
Reason
Rothschild & Co Redburn
Price Target
$206
AI Analysis
2026-05-01
initiated
Buy
Reason
Rothschild & Co Redburn initiated coverage of Credo Technology with a Buy rating and $206 price target. The firm says the monetization of generative AI capex will require more intelligent large language models. The transmission of electrical signals down copper wires will increasingly give way to the transmission of photonic signals down optical fibers, .the analyst tells investors in a research note. Rothschild believes the transition represents a new addressable market for optical networking companies. However, some of opportunity has already been discounted by the market, the firm adds. It launched coverage of six names in the AI networking space with four Buys and two Neutrals.
Goldman Sachs
James Schneider
Buy
maintain
$150 -> $170
2026-04-16
Reason
Goldman Sachs
James Schneider
Price Target
$150 -> $170
2026-04-16
maintain
Buy
Reason
Goldman Sachs analyst James Schneider raised the firm's price target on Credo Technology to $170 from $150 and keeps a Buy rating on the shares. Credo's acquisition of DustPhotonics is expected to accelerate its expansion into optical networking and strengthen confidence in its diversification beyond copper-based AECs, with improved visibility toward its $500M optical revenue target by FY27, the analyst tells investors in a research note.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for CRDO
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Valuation Metrics

The current forward P/E ratio for Credo Technology Group Holding Ltd (CRDO.O) is 39.53, compared to its 5-year average forward P/E of 54.94. For a more detailed relative valuation and DCF analysis to assess Credo Technology Group Holding Ltd's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
54.94
Current PE
39.53
Overvalued PE
184.34
Undervalued PE
-74.46

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
35.07
Current EV/EBITDA
37.35
Overvalued EV/EBITDA
141.63
Undervalued EV/EBITDA
-71.50

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
13.41
Current PS
14.66
Overvalued PS
18.14
Undervalued PS
8.67

Financials

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Whales Holding CRDO

O
Oberweis Asset Management, Inc.
Holding
CRDO
+53.87%
3M Return
W
Wt Asset Management Ltd
Holding
CRDO
+43.82%
3M Return
R
Rafferty Asset Management, LLC
Holding
CRDO
+40.18%
3M Return
P
Polar Capital Holdings Plc
Holding
CRDO
+33.81%
3M Return
C
Cathay Securities Investment Trust Co., LTD
Holding
CRDO
+31.57%
3M Return
S
Summit Partners Public Asset Management, LLC
Holding
CRDO
+31.37%
3M Return

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Frequently Asked Questions

What is Credo Technology Group Holding Ltd (CRDO) stock price today?

The current price of CRDO is 210.22 USD — it has increased 11.52

What is Credo Technology Group Holding Ltd (CRDO)'s business?

Credo Technology Group Holding Ltd is a Cayman Islands-based holding company. The Company delivers high-speed solutions to break bandwidth barriers on every wired connection in the data infrastructure market. It provides high-speed connectivity solutions that deliver improved power efficiency as data rates and corresponding bandwidth requirements increase exponentially throughout the data infrastructure market. Its connectivity solutions are optimized for optical and electrical Ethernet applications, including the emerging 100 gigabits per second (G), 200G, 400G, 800G and the emerging 1.6 terabits per second (T) port markets. Its products are based on its Serializer/Deserializer (SerDes) and Digital Signal Processor (DSP) technologies. Its product families include integrated circuits (ICs) for the optical and line card markets, active electrical cables (AECs) and SerDes Chiplets. The Company’s intellectual property (IP) solutions consist primarily of SerDes IP licensing.

What is the price predicton of CRDO Stock?

Wall Street analysts forecast CRDO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CRDO is221.82 USD with a low forecast of 170.00 USD and a high forecast of 260.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Credo Technology Group Holding Ltd (CRDO)'s revenue for the last quarter?

Credo Technology Group Holding Ltd revenue for the last quarter amounts to 407.01M USD, increased 201.49

What is Credo Technology Group Holding Ltd (CRDO)'s earnings per share (EPS) for the last quarter?

Credo Technology Group Holding Ltd. EPS for the last quarter amounts to 0.82 USD, increased 412.50

How many employees does Credo Technology Group Holding Ltd (CRDO). have?

Credo Technology Group Holding Ltd (CRDO) has 622 emplpoyees as of May 12 2026.

What is Credo Technology Group Holding Ltd (CRDO) market cap?

Today CRDO has the market capitalization of 38.78B USD.