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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
174.610
Open
160.650
VWAP
169.78
Vol
7.47M
Mkt Cap
32.19B
Low
160.200
Amount
1.27B
EV/EBITDA(TTM)
88.18
Total Shares
184.45M
EV
30.89B
EV/OCF(TTM)
90.89
P/S(TTM)
30.53
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)
2026-04-16
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
2026-04-13 (ET)
2026-04-13
18:40:00
Investor Sentiment Recovers, Software Stocks Surge
select
2026-04-13
17:20:00
Credo Technology Shares Up 9% After DustPhotonics Acquisition
select
2026-04-13
16:10:00
Credo Technology Acquires DustPhotonics for $750 Million
select

News

NASDAQ.COM
7.5
04-20NASDAQ.COM
Middle East Peace Prospects Boost Tech Stocks
  • Investor Sentiment Recovery: As peace talks between the U.S. and Iran progress, investor fears regarding the Middle East diminish, leading to a renewed focus on growth stocks, particularly in artificial intelligence, which boosts related tech stock performance.
  • Credo Acquisition Expansion: Credo's agreement to acquire DustPhotonics is expected to elevate its optical revenue to over $500 million by fiscal 2027, further solidifying its market position in AI data centers.
  • Oracle Partnership Expansion: Oracle's partnership with Bloom Energy has expanded to include a 1.2 GW fuel cell contract, which is anticipated to enhance energy efficiency in its cloud data centers, while its multicloud database revenue surged by 531% in the quarter ending February 28.
  • CoreWeave Major Deal Signing: CoreWeave's $21 billion agreement with Meta Platforms for AI cloud computing capacity through December 2032 has led analysts to raise their stock price forecasts, contributing to a rise in CoreWeave's stock price.
Fool
7.5
04-20Fool
Oil Prices Drop as Tech Stocks Surge Amid Peace Talks
  • Oil Price Decline: Oil prices fell this week as peace talks between the U.S. and Iran progressed, alleviating investor fears of a recession driven by Middle Eastern events, which shifted focus back to investable trends like artificial intelligence.
  • Credo Technology Expansion: Credo Technology's agreement to acquire DustPhotonics is expected to boost its optical revenue to over $500 million by fiscal 2027, significantly enhancing its market position in AI data centers.
  • Oracle Cloud Growth: Oracle's partnership with Bloom Energy for a 1.2GW fuel cell contract will power its cloud data centers, while collaboration with Amazon Web Services aims to enhance cross-cloud solutions, with multicloud database revenue soaring 531% year-over-year.
  • CoreWeave Major Deals: CoreWeave's $21 billion agreement with Meta Platforms for AI cloud computing capacity and a multi-year deal with Anthropic have led analysts to raise price forecasts for its shares, contributing to a rise in stock value.
stocktwits
8.5
04-17stocktwits
Credo's Acquisition of DustPhotonics Accelerates Optical Networking Expansion
  • Acquisition Strategy: Credo announced its acquisition of DustPhotonics this week, aiming to accelerate its optical networking expansion through silicon photonics technology, which is expected to significantly enhance the company's competitiveness in the global optical market.
  • Analyst Optimism: Goldman Sachs and Jefferies raised their price targets for Credo to $170 and $225 respectively, reflecting strong market confidence in its projected optical revenue exceeding $500 million, indicating upside potential of 28.7% to 41.6%.
  • Performance Expectations: Credo anticipates that by FY27, its optics business will achieve over $500 million in revenue, including approximately $125 million from optical DSP and over $300 million from ZF optics, showcasing robust performance amid growing AI data center demand.
  • Retail Investor Sentiment: Although CRDO shares fell 5.6% on Thursday, they have surged 321% over the past year, and retail sentiment on Stocktwits is extremely bullish, indicating high investor expectations for the company's future growth.
Fool
2.0
04-16Fool
Recent Updates on Nvidia and AI Stocks
  • Video Update: Today's video discusses recent updates affecting Nvidia and other AI stocks, providing in-depth analysis of market trends to help investors seize investment opportunities.
  • Market Reaction: As of April 13, 2026, Nvidia's stock price rose by 1.31% in after-hours trading, indicating a positive market outlook for its future performance, which may attract more investor attention.
  • Investor Recommendations: The video encourages viewers to subscribe for more market updates and click on the special offer link, aiming to enhance viewer engagement and loyalty to the channel.
  • Content Richness: The video not only covers the latest developments for Nvidia but also addresses the performance of other AI stocks, reflecting the overall market activity and investment potential within the AI sector.
NASDAQ.COM
6.5
04-16NASDAQ.COM
Recent Updates on Nvidia and AI Stocks
  • AI Stock Market Dynamics: The video discusses recent updates affecting Nvidia and other AI stocks, highlighting the potential for AI to create the world's first trillionaire, reflecting the market's keen interest and investment enthusiasm in AI technology.
  • Unique Technology Company Revealed: A report mentions a company dubbed an 'Indispensable Monopoly' that provides critical technology needed by both Nvidia and Intel, underscoring its significance and potential market value within the AI ecosystem.
  • Investment Recommendation Update: Despite Nvidia's past strong performance, the latest Stock Advisor analyst team identifies 10 stocks as more worthy of investment, advising investors to be cautious and avoid following trends blindly in their stock selections.
  • Historical Return Comparison: With an average return rate of 1,002%, Stock Advisor significantly outperforms the S&P 500's 195%, indicating that the stocks it recommends have substantial advantages for long-term investors, prompting attention to these high-return potential stocks.
Newsfilter
2.0
04-15Newsfilter
Credo Releases FY2025 Greenhouse Gas Report
  • Commitment to Transparency: Credo's release of its FY2025 Greenhouse Gas Report details its operational emissions inventory, reflecting the company's dedication to managing its environmental footprint, thereby enhancing its competitive edge in sustainability.
  • Verified Emissions Data: The report includes verified Scope 1 and Scope 2 emissions data, independently validated by Brightspot Climate Inc., ensuring accuracy and reliability, which boosts investor and customer confidence in the company's disclosures.
  • Ongoing Improvement Plans: Credo plans to continue annual GHG inventory reporting and aims to include Scope 3 emissions in future disclosures, providing a more comprehensive view of its value chain impact and further advancing its strategic development in environmental initiatives.
  • Business Input Factor: CEO Bill Brennan emphasizes that high-quality emissions data is not merely a reporting exercise but a crucial business input that shapes operations and customer support, demonstrating Credo's strategic capability to meet the growing demand for energy-efficient infrastructure.
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
Goldman Sachs
James Schneider
Buy
maintain
$150 -> $170
AI Analysis
2026-04-16
New
Reason
Goldman Sachs
James Schneider
Price Target
$150 -> $170
AI Analysis
2026-04-16
New
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.
BofA
Buy
maintain
$160 -> $210
2026-04-15
Reason
BofA
Price Target
$160 -> $210
2026-04-15
maintain
Buy
Reason
BofA raised the firm's price target on Credo Technology to $210 from $160 and keeps a Buy rating on the shares. Following Credo's agreement to acquire DustPhotonics, management now sees the combined company optics portfolio to exceed $500M run-rate in FY27 across ZF optical transceivers, optical DSPs, and SiPho products, the analyst tells investors. The firm raised its FY27 and FY28 sales estimates by 15% and 19% and EPS forecasts by 9% and 14%, respectively, given an accelerating outlook and higher optics ramp visibility.
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 32.79, compared to its 5-year average forward P/E of 55.14. 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
55.14
Current PE
32.79
Overvalued PE
185.26
Undervalued PE
-74.99

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
35.05
Current EV/EBITDA
36.62
Overvalued EV/EBITDA
142.22
Undervalued EV/EBITDA
-72.12

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
13.40
Current PS
14.53
Overvalued PS
18.16
Undervalued PS
8.64

Financials

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Whales Holding CRDO

S
SRS Investment Management, LLC
Holding
CRDO
+120.52%
3M Return
O
Oberweis Asset Management, Inc.
Holding
CRDO
+44.05%
3M Return
P
Polar Capital Holdings Plc
Holding
CRDO
+26.97%
3M Return
S
Summit Partners Public Asset Management, LLC
Holding
CRDO
+26.00%
3M Return
F
FengHe Fund Management Pte. Ltd.
Holding
CRDO
+25.48%
3M Return
R
Rokos Capital Management LLP
Holding
CRDO
+14.96%
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 174.53 USD — it has increased 8.61

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 April 21 2026.

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

Today CRDO has the market capitalization of 32.19B USD.