Credo Technology Group Holding Ltd (CRDO)

NASDAQ: CRDO · Real-Time Price · USD

55.52

+4.72 (9.29%)

May 12, 2025, 1:58 PM - Market open

9.29% (1D)

Market Cap	9.43B
Revenue (ttm)	327.53M
Net Income (ttm)	5.12M
Shares Out	169.80M
EPS (ttm)	0.03
PE Ratio	1,800.43
Forward PE	49.49
Dividend	n/a
Ex-Dividend Date	n/a

Volume	3,461,467
Open	55.77
Previous Close	50.80
Day's Range	53.28 - 56.79
52-Week Range	16.98 - 86.69
Beta	2.29
Analysts	Strong Buy
Price Target	68.00 (+22.48%)
Earnings Date	May 28, 2025

About CRDO

Credo Technology Group Holding Ltd provides various high-speed connectivity Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally. Its products include HiWire active electrical cables, optical digital signal processors, low-power line card PHY, serializer/deserializer (SerDes) chiplets, and SerDes IP, as well as integrated circuits, active electrical cables. The company also offers intelle... [Read more]

Industry Semiconductors

Sector Technology

IPO Date Jan 27, 2022

Employees 500

Stock Exchange NASDAQ

Ticker Symbol CRDO

Website https://credosemi.com

Full Company Profile

Financial Performance

In 2024, CRDO's revenue was $192.97 million, an increase of 4.76% compared to the previous year's $184.19 million. Losses were -$28.37 million, 71.4% more than in 2023.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for CRDO stock is "Strong Buy." The 12-month stock price forecast is $68.0, which is an increase of 22.48% from the latest price.

Price Target

$68.0

(22.48% upside)

Analyst Consensus: Strong Buy

Stock Forecasts

News

Load Up On Credo Technology While It's Cheap

I reiterate my "Buy" rating on Credo Technology Group, seeing solid fundamentals and recent innovations that expand its TAM, despite broader market turbulence. Credo's Q3 FY2025 revenue surged 154% Yo...

7 days ago - Seeking Alpha

Credo: An Easter Gift From Mr. Market (Rating Upgrade)

Credo's revenue growth is accelerating due to strong product adoption by hyperscalers, and a shift from AI training to inference workloads is another growth catalyst. The company is well-positioned fo...

20 days ago - Seeking Alpha

Credo Technology: I Am Buying The Dip

Credo Technology's stock possesses all the hallmarks of a "Strong Buy": robust revenue growth momentum, impressive operating leverage, and a fortress balance sheet. The company benefits from high dema...

4 weeks ago - Seeking Alpha

Credo Unveils the Lark Family - Setting a New Benchmark for Low-Power 800G Optical DSPs

SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Unveils the Lark Family - Setting a New Benchmark for Low-Power 800G Optical DSPs.

5 weeks ago - Business Wire

Credo: Robust Growth To Continue

Credo Technology Group's AEC market growth, driven by cloud partnerships, supports a 217% stock price increase, warranting a valuation assessment. AECs offer power efficiency and cost benefits over al...

5 weeks ago - Seeking Alpha

Credo Named a Winner of the 2025 Top Workplaces USA Award

SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Technology Group Holding Ltd (Credo) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved reliability and ...

6 weeks ago - Business Wire

Credo to Showcase AI Scale Out Fabric Featuring Credo Optical DSPs at OFC 2025

SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO) an innovator in providing secure, high-speed connectivity solutions that deliver improved reliability and e...

6 weeks ago - Business Wire

Credo Technology: Buy On Pullback The Connectivity Innovator For Hyperscalers

Credo is a leading developer of Active Electrical Cables (“AECs”) which are advanced cables that are critical in high-speed data transmission making it well positioned in the AI revolution. The compan...

7 weeks ago - Seeking Alpha

WPG Americas Accelerates High-Speed Connectivity Solutions through Credo Partnership

SAN JOSE, Calif. , March 19, 2025 /PRNewswire/ -- WPG Americas Inc. (WPGA), a leading distributor of electronic components and supply chain services, is pleased to announce its strategic partnership w...

7 weeks ago - PRNewsWire

Credo: I'm Highly Bullish On This Hidden Gem And You Should Be Too

Credo's AECs are essential in AI data centers, driving 154% YoY revenue growth. A first-mover advantage and strong demand position it for continued outperformance. Trading at fair value near its 50-we...

7 weeks ago - Seeking Alpha

Credo and XConn to Showcase Seamless GPU Cluster at NVIDIA GTC

7 weeks ago - Business Wire

Credo: Finally, The Turning Point May Have Arrived

The recent tech sell-off hammered Credo investors, but it could have bottomed out last week. Credo's reliance on hyperscalers like AWS is a deep concern, but management's efforts to diversify revenue ...

2 months ago - Seeking Alpha

Credo Files AEC Patent Infringement Complaint Against Amphenol, Molex, TE Connectivity, and Volex with United States International Trade Commission

SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Files AEC Patent Infringement Complaint Against Amphenol, Molex, TE Connectivity, and Volex with United States International Trade Commission.

2 months ago - Business Wire