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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
94.230
Open
89.390
VWAP
92.07
Vol
7.23M
Mkt Cap
16.20B
Low
88.100
Amount
665.33M
EV/EBITDA(TTM)
42.52
Total Shares
184.45M
EV
14.89B
EV/OCF(TTM)
43.83
P/S(TTM)
15.36
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)
2026-03-27
09:10:00
Credo and TE Connectivity Reach AEC Technology License Agreement
select
2026-03-26 (ET)
2026-03-26
16:10:00
Credo Technology Reaches Patent Settlement Agreement with Molex
select
2026-03-02 (ET)
2026-03-02
19:40:00
Middle East Turmoil Causes WTI Crude Oil to Surge Nearly 10%
select
2026-03-02
16:20:00
Credo Technology Shares Down 13% at $99.60 After Q3 Results and Guidance
select
2026-03-02
16:20:00
Q4 Gross Margin Expected Between 64.0% and 66.0%
select
2026-03-02
16:20:00
Credo Reports Q3 Revenue of $407.0M
select

News

NASDAQ.COM
4.5
11:03 AMNASDAQ.COM
Small-Cap ETF Defies Market Downturn Amid Geopolitical Tensions
  • Market Performance Comparison: As of 2026, the S&P 500, Nasdaq-100, and Dow Jones Industrial Average have each declined over 5%, while the Russell 2000 small-cap index remains flat, demonstrating its relative resilience amid geopolitical tensions, potentially attracting risk-averse investors.
  • ETF Performance Potential: The Vanguard Russell 2000 ETF (NASDAQ: VTWO) is expected to continue outperforming major indices in 2026 by tracking the small-cap index and holding similar stocks and weightings, benefiting from its diversified sector exposure that reduces volatility.
  • Small-Cap Returns: Bloom Energy's stock has surged by 500% over the past year, while Credo Technology's stock has increased by over 700% in the last five years, highlighting the strong performance of small-cap stocks driven by surging demand in specific sectors, which may draw more investor attention.
  • Policy Support Impact: The Trump administration's tariff policies and regulatory rollbacks benefit domestic companies, further enhancing the Russell 2000 index's performance; although large firms excel in rapid growth, small businesses exhibit stronger resilience in the current environment.
Fool
4.5
10:06 AMFool
Small-Cap ETF Outperforms Amid Market Turmoil
  • Market Performance Divergence: At the start of 2026, the U.S. stock market faces declines over 5% in major indices like the S&P 500 and Nasdaq-100 due to geopolitical tensions in the Middle East driving oil prices up, while the Russell 2000 index remains flat, showcasing the resilience of small-cap stocks.
  • Small-Cap Advantages: The Russell 2000 index includes approximately 2,000 small companies across 11 economic sectors, with healthcare, industrials, and financials being the largest, offering a more balanced portfolio compared to the S&P 500, which is heavily concentrated, thus providing steadier returns with lower volatility.
  • Impressive Individual Stock Performance: Stocks like Bloom Energy have surged 500% in the past year, and Credo Technology has increased over 700% in five years, indicating that small-cap stocks can deliver remarkable returns driven by specific market demands, attracting investor interest.
  • Favorable Policies: Tariff policies and reduced regulatory burdens from the Trump administration benefit domestic companies, enhancing the competitiveness of small-cap stocks, and 2026 is expected to be a strong year for the Vanguard Russell 2000 ETF as a result.
NASDAQ.COM
4.5
03-30NASDAQ.COM
Mixed Close for US Stocks as Nasdaq Hits 7.75-Month Low Amid Middle East Tensions
  • Divergent Market Performance: On Monday, the S&P 500 index fell by 0.39%, while the Nasdaq 100 hit a 7.75-month low, indicating market concerns over the Middle East situation, particularly exacerbated by a sell-off in chip stocks, which negatively impacted investor confidence.
  • Declining Bond Yields: The 10-year T-note yield dropped by 8 basis points to 4.34%, reflecting market fears that the ongoing war in the Middle East could lead to fuel shortages, potentially suppressing expectations for Fed rate hikes and highlighting economic growth uncertainties.
  • Rising Crude Oil Prices: Crude oil prices surged over 3% to a three-week high due to Iranian attacks on the Strait of Hormuz, indicating severe threats to global energy supply chains, which could lead to soaring prices in the future and impact the global economy.
  • Weak Manufacturing Activity: The Dallas Fed manufacturing activity survey fell to -0.2, below the expected 2.0, reflecting signs of economic slowdown that could influence corporate investment decisions and future economic growth.
seekingalpha
7.0
03-27seekingalpha
Credo Reaches License Agreement with TE Connectivity on AEC Technology
  • Agreement Reached: Credo Technology has entered into a license and settlement agreement with TE Connectivity regarding Active Electrical Cable technology, leading to the dismissal of all lawsuits between the two companies, which may help reduce uncertainties stemming from legal disputes.
  • Stock Reaction: Following the announcement, Credo's shares fell approximately 2%, while TE Connectivity's shares dipped around 1% in premarket trading on Friday, indicating a cautious market reaction that could affect investor confidence in both companies' future prospects.
  • Historical Context: Last August, Credo also reached a similar licensing and settlement agreement with Amphenol concerning their respective patents on active electrical cable technology, highlighting the company's proactive approach to intellectual property and its aim to mitigate competitive pressures through collaboration.
  • Market Impact: Credo's agreement with Volex regarding its patents on AEC technology further demonstrates the company's technological influence and market consolidation capabilities within the industry, potentially laying the groundwork for future collaborations.
Newsfilter
7.5
03-27Newsfilter
Credo and TE Connectivity Reach AEC Technology License Agreement
  • License Agreement Reached: Credo Technology Group and TE Connectivity have reached a license and settlement agreement regarding AEC technology, leading to the prompt dismissal of all lawsuits, indicating a consensus on technological collaboration that helps reduce uncertainties from legal disputes.
  • Prospects for Technical Cooperation: This agreement provides a more solid legal foundation for Credo's innovations in high-speed connectivity, potentially facilitating its market expansion in AI-driven applications and enhancing the company's competitiveness in the industry.
  • Market Demand Response: Credo is committed to delivering faster, more reliable, and energy-efficient solutions to meet the growing demands of AI, cloud computing, and hyperscale networks, and this collaboration will further drive the application of its products in the 100G to 1.6T port markets.
  • Intellectual Property Protection: Although the terms of the agreement remain confidential, Credo's IP solutions are primarily based on its proprietary SerDes and DSP technologies, and this settlement will help protect its innovative achievements, ensuring the company's continued leadership in technology.
moomoo
7.5
03-27moomoo
CREDO TECHNOLOGY GROUP HOLDING LTD - DETAILS OF CREDO AND TE CONNECTIVITY AGREEMENT REMAIN PRIVATE
  • Confidential Agreement: The terms of the agreement between Credo Technology Group Holding Ltd and Te Connectivity remain confidential.
  • Focus on Connectivity: The agreement emphasizes aspects related to credit and connectivity within the technology sector.
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
Susquehanna
Positive -> NULL
downgrade
$230 -> $170
AI Analysis
2026-03-03
Reason
Susquehanna
Price Target
$230 -> $170
AI Analysis
2026-03-03
downgrade
Positive -> NULL
Reason
Susquehanna lowered the firm's price target on Credo Technology to $170 from $230 and keeps a Positive rating on the shares. The firm said they posted solid quarter driven by AEC customer ramps and strength in optical DSPs. ZF optics to contribute "materially" in FY27 as Credo secured two new customers.
BofA
Buy
downgrade
$200 -> $160
2026-03-03
Reason
BofA
Price Target
$200 -> $160
2026-03-03
downgrade
Buy
Reason
BofA lowered the firm's price target on Credo Technology to $160 from $200 and keeps a Buy rating on the shares. Following fiscal Q3 results in-line with Credo's earlier "stellar pre-announcement," the firm raised its FY27 and FY28 pro-forma EPS estimates by another 5% and 6%, respectively, but lowered its price target on industry multiple re-rating.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for CRDO
Unlock Now

Valuation Metrics

The current forward P/E ratio for Credo Technology Group Holding Ltd (CRDO.O) is 43.20, compared to its 5-year average forward P/E of 52.44. 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
52.44
Current PE
43.20
Overvalued PE
186.72
Undervalued PE
-81.84

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
33.87
Current EV/EBITDA
35.47
Overvalued EV/EBITDA
144.86
Undervalued EV/EBITDA
-77.13

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
13.59
Current PS
17.63
Overvalued PS
18.45
Undervalued PS
8.73

Financials

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Whales Holding CRDO

F
FengHe Fund Management Pte. Ltd.
Holding
CRDO
+17.18%
3M Return
O
Oberweis Asset Management, Inc.
Holding
CRDO
+15.36%
3M Return
S
Summit Partners Public Asset Management, LLC
Holding
CRDO
+11.22%
3M Return
P
Polar Capital Holdings Plc
Holding
CRDO
+10.68%
3M Return
P
Polar Asset Management Partners Inc.
Holding
CRDO
+6.63%
3M Return
W
Wt Asset Management Ltd
Holding
CRDO
+5.22%
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 93.87 USD — it has increased 6.9

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 March 31 2026.

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

Today CRDO has the market capitalization of 16.20B USD.