Credo Technology Group Holding Ltd (CRDO)

NASDAQ
Currency in USD
80.02
+4.42(+5.85%)
Closed
After Hours
80.80+0.78(+0.97%)
CRDO Scorecard
Full Analysis
Net income is expected to grow this year
Trading near 52-week High
Fair Value
Day's Range
75.2682.00
52 wk Range
16.8282.00
Key Statistics
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Prev. Close
75.6
Open
77.7
Day's Range
75.26-82
52 wk Range
16.82-82
Volume
6.46M
Average Volume (3m)
3.61M
1-Year Change
285.08%
Book Value / Share
3.42
Fair Value
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Fair Value Upside
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CRDO Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
78.08
Downside
-2.43%
Members' Sentiments
Bearish
Bullish
ProTips
Analysts anticipate sales growth in the current year
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Credo Technology Group Holding Ltd Company Profile

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 intellectual property solutions consist of SerDes IP licensing. It sells its products to hyperscalers, original equipment manufacturers, original design manufacturers and optical module manufacturers, as well as into the enterprise and HPC markets. The company was founded in 2008 and is based in Grand Cayman, Cayman Islands.

Credo Technology Group Holding Ltd SWOT Analysis


AI-Driven Growth
Credo Technology Group's stock soars 290% YTD, fueled by strong positioning in AI infrastructure market and expanding product portfolio
Financial Projections
Analysts forecast impressive EPS growth with a 74% CAGR from 2024 to 2027, alongside substantial revenue increases for upcoming fiscal years
Market Dynamics
Explore Credo's strategic partnerships with tech giants and its ability to capitalize on the surging demand for power-efficient AI cluster solutions
Analyst Outlook
Delve into varied price targets, ranging from $30 to $80, reflecting optimism about Credo's potential in the competitive semiconductor landscape
Read full SWOT analysis

Credo Technology Group Holding Ltd Earnings Call Summary for Q2/2025

  • Q1 revenue at $59.7M, 70% YoY growth; non-GAAP gross margin 62.9%. Q2 revenue forecast $65-68M, margins 62-64%
  • Entering 64 gig PAM4 PCIe Gen 6 market; focus on AECs, Optical DSP, Line Card PHY as key growth drivers
  • Strong AI-driven demand; product revenues up 30% sequentially. Expects accelerated growth in H2
  • New hyperscale customer emerging; Amazon ramp significant; Microsoft and third hyperscaler to become key in FY25-26
  • Operating margin projected 30-35% next fiscal year; IP licensing revenue expected 10-15% for full year
Last Updated: 05/09/2024, 08:36 pm
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Compare CRDO to Peers and Sector

Metrics to compare
CRDO
Peers
Sector
Relationship
P/E Ratio
−562.0x−1.3x11.5x
PEG Ratio
−18.160.130.01
Price/Book
23.6x2.6x2.4x
Price / LTM Sales
54.5x5.1x2.1x
Upside (Analyst Target)
0.0%71.1%24.8%
Fair Value Upside
Unlock13.0%4.2%Unlock

Analyst Ratings

12 Buy
1 Hold
0 Sell
Ratings:
13 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 78.08
(-2.43% Downside)

Earnings

Latest Release
Dec 02, 2024
EPS / Forecast
0.07 / 0.05
Revenue / Forecast
72.00M / 67.15M
EPS Revisions
Last 90 days

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FAQ

What Is the Credo Technology Holding (CRDO) Stock Price Today?

The Credo Technology Holding stock price today is 80.02

What Stock Exchange Does Credo Technology Holding Trade On?

Credo Technology Holding is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for Credo Technology Holding?

The stock symbol for Credo Technology Holding is "CRDO."

What Is the Credo Technology Holding Market Cap?

As of today, Credo Technology Holding market cap is 13.38B.

What is Credo Technology Holding Earnings Per Share?

The Credo Technology Holding EPS is -0.146.

What Is the Next Credo Technology Holding Earnings Date?

Credo Technology Holding will release its next earnings report on 25 Feb 2025.

From a Technical Analysis Perspective, Is CRDO a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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