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Technology - Communication Equipment - NASDAQ - US
$ 48.43
-2.09 %
$ 8.22 B
Market Cap
1589.0
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one CRDO stock under the worst case scenario is HIDDEN Compared to the current market price of 48.4 USD, Credo Technology Group Holding Ltd is HIDDEN

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one CRDO stock under the base case scenario is HIDDEN Compared to the current market price of 48.4 USD, Credo Technology Group Holding Ltd is HIDDEN

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one CRDO stock under the best case scenario is HIDDEN Compared to the current market price of 48.4 USD, Credo Technology Group Holding Ltd is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart CRDO

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$90.0$90.0$80.0$80.0$70.0$70.0$60.0$60.0$50.0$50.0$40.0$40.0$30.0$30.015 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '25
FINANCIALS
193 M REVENUE
4.76%
-37.1 M OPERATING INCOME
-74.51%
-28.4 M NET INCOME
-71.44%
32.7 M OPERATING CASH FLOW
233.00%
-249 M INVESTING CASH FLOW
-90.53%
175 M FINANCING CASH FLOW
3488.05%
135 M REVENUE
87.41%
26.2 M OPERATING INCOME
411.57%
29.4 M NET INCOME
794.91%
4.21 M OPERATING CASH FLOW
-59.05%
59.1 M INVESTING CASH FLOW
-54.19%
-3.33 M FINANCING CASH FLOW
17.19%
Balance Sheet Credo Technology Group Holding Ltd
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Current Assets 530 M
Cash & Short-Term Investments 410 M
Receivables 81.2 M
Other Current Assets 39 M
Non-Current Assets 71.7 M
Long-Term Investments 0
PP&E 56.7 M
Other Non-Current Assets 14.9 M
68.11 %13.49 %6.49 %9.43 %Total Assets$601.9m
Current Liabilities 44.6 M
Accounts Payable 13.4 M
Short-Term Debt 2.74 M
Other Current Liabilities 28.5 M
Non-Current Liabilities 17.1 M
Long-Term Debt 11.1 M
Other Non-Current Liabilities 5.98 M
21.73 %4.44 %46.10 %18.03 %9.69 %Total Liabilities$61.7m
EFFICIENCY
Earnings Waterfall Credo Technology Group Holding Ltd
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Revenue 193 M
Cost Of Revenue 73.5 M
Gross Profit 119 M
Operating Expenses 156 M
Operating Income -37.1 M
Other Expenses -8.69 M
Net Income -28.4 M
200m200m150m150m100m100m50m50m00(50m)(50m)193m(74m)119m(156m)(37m)9m(28m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
61.89% GROSS MARGIN
61.89%
-19.20% OPERATING MARGIN
-19.20%
-14.70% NET MARGIN
-14.70%
-5.25% ROE
-5.25%
-4.71% ROA
-4.71%
-8.25% ROIC
-8.25%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Credo Technology Group Holding Ltd
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20m20m10m10m00(10m)(10m)(20m)(20m)(30m)(30m)(40m)(40m)(50m)(50m)Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Net Income -28.4 M
Depreciation & Amortization 13.8 M
Capital Expenditures -15.7 M
Stock-Based Compensation 39 M
Change in Working Capital -731 K
Others -6.13 M
Free Cash Flow 17.1 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Credo Technology Group Holding Ltd
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Wall Street analysts predict an average 1-year price target for CRDO of $50 , with forecasts ranging from a low of $29 to a high of $85 .
CRDO Lowest Price Target Wall Street Target
29 USD -40.12%
CRDO Average Price Target Wall Street Target
50 USD 3.24%
CRDO Highest Price Target Wall Street Target
85 USD 75.51%
Price
Max Price Target
Min Price Target
Average Price Target
909080807070606050504040303020201010Jun '24Jun '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 16
6. Ownership
Insider Ownership Credo Technology Group Holding Ltd
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Sold
0-3 MONTHS
51.5 M USD 7
3-6 MONTHS
145 M USD 7
6-9 MONTHS
70.7 M USD 7
9-12 MONTHS
42.9 M USD 5
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Credo Technology Group (CRDO) Upgraded to Buy: Here's Why Credo Technology Group (CRDO) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. zacks.com - 1 week ago
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% YoY, driven by AI platform scaling and AEC becoming the standard for intra-rack connections, indicating strong growth potential. Credo's valuation has become attractive for GARP investors after a 28% YTD dip, with a forward PEG ratio significantly lower than the IT sector's median. seekingalpha.com - 2 weeks ago
CRDO vs. MRVL: Which AI-focused Semiconductor Stock is the Better Buy? Both Credo and Marvell are well-positioned to gain from the rapidly growing data center market. Let's find out which semiconductor stock is a better bet. zacks.com - 3 weeks ago
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 for margin expansion through scale-driven operating leverage effects. I estimate another 500-600bps of EBIT margin improvement potential over the next few quarters. Valuations have moderated sharply and are now more attractive, especially since the company has simultaneously improved revenue and earnings growth expectations. This makes it a gift from Mr Market. seekingalpha.com - 4 weeks ago
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 demand for its high-speed connectivity solutions, driven by the ongoing AI investment spree and digital revolution. Risks include high revenue concentration from Amazon and potential impacts from geopolitical developments and tariffs, but the long-term investment outlook remains positive. seekingalpha.com - 1 month ago
CRDO Stock Slips 9% in a Month Amid Market Jitters: Should You Buy? Credo Technology is benefiting from an innovative portfolio and expanding AI-driven market opportunities. zacks.com - 1 month ago
Why New AI Winners Marvell Technology, Credo Technology, and Nebius Group Plunged in March Shares of new artificial intelligence (AI) winners Marvell Technologies (MRVL 2.67%), Credo Technologies (CRDO 7.57%), and Nebius Group (NBIS 4.07%) plunged in March, down 32.9%, 27.2%, and 35%, respectively, according to data from S&P Global Market Intelligence. fool.com - 1 month ago
CRDO's New Lark Optical DSP Saves Energy for AI Data Centers, Stock Up Credo launches its ultra-low power Lark Optical DSP family, designed to transform 800G optical transceiver technology. zacks.com - 1 month ago
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. businesswire.com - 1 month ago
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 alternatives, with a projected 78% CAGR, benefiting Credo amid rising cloud AI infrastructure investments. Despite competition from Astera Labs and Marvell, Credo's strong growth and key customer relationships position it well in the expanding AEC market. seekingalpha.com - 1 month ago
3 Semiconductor Stocks to Buy Amid Rising Data Center Demand Here we present three semiconductor stocks, CRDO, AVGO and MRVL, which are poised to benefit from a robust demand environment in the data center market. zacks.com - 1 month ago
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 energy efficiency, has been recognized as a winner of the 2025 Top Workplaces USA award, co-sponsored by Energage and USA TODAY. This award reflects Credo's commitment to fostering a workplace culture that empowers employees and drives innovation. Top Workplaces USA recognizes organizations with 15. businesswire.com - 1 month ago
8. Profile Summary

Credo Technology Group Holding Ltd CRDO

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COUNTRY US
INDUSTRY Communication Equipment
MARKET CAP $ 8.22 B
Dividend Yield 0.00%
Description Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Mexico, Mainland China, Hong Kong, and internationally. Its products include integrated circuits, active electrical cables, and SerDes chiplets that are based on its serializer/deserializer and digital signal processor technologies. The company also offers intellectual property solutions consist of SerDes IP licensing. The company was founded in 2008 and is headquartered in San Jose, California.
Contact 110 Rio Robles, San Jose, CA, 95134 https://credosemi.com
IPO Date Jan. 27, 2022
Employees 500
Officers Mr. Jim Laufman Chief Legal Officer & Secretary Mr. Daniel Fleming Chief Financial Officer Mr. Chi Fung Cheng Co-founder, Chief Technology Officer & Director Mr. Yat Tung Lam Co-founder, Chief Operating Officer & Director Mr. Michael Girvan Lampe Vice President of Worldwide Sales & Marketing Mr. William J. Brennan President, Chief Executive Officer & Chairman Mr. Daniel J. O'Neil Vice President of Corporate Development & Investor Relations