Technology -
Communication Equipment - NASDAQ - US
$ 93.61
4.74 %
$ 15.9 B
Market Cap
322.79
P/E
1. INTRINSIC VALUE
Balance Sheet
Credo Technology Group Holding Ltd
| Current Assets | 714 M |
| Cash & Short-Term Investments | 431 M |
| Receivables | 162 M |
| Other Current Assets | 120 M |
| Non-Current Assets | 95.7 M |
| Long-Term Investments | 0 |
| PP&E | 78.9 M |
| Other Non-Current Assets | 16.9 M |
| Current Liabilities | 108 M |
| Accounts Payable | 56.2 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 51.6 M |
| Non-Current Liabilities | 20 M |
| Long-Term Debt | 12.7 M |
| Other Non-Current Liabilities | 7.27 M |
EFFICIENCY
Earnings Waterfall
Credo Technology Group Holding Ltd
| Revenue | 437 M |
| Cost Of Revenue | 154 M |
| Gross Profit | 283 M |
| Operating Expenses | 245 M |
| Operating Income | 37.1 M |
| Other Expenses | -15.1 M |
| Net Income | 52.2 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Credo Technology Group Holding Ltd
| Net Income | 52.2 M |
| Depreciation & Amortization | 21.9 M |
| Capital Expenditures | -36.1 M |
| Stock-Based Compensation | 77.4 M |
| Change in Working Capital | -108 M |
| Others | 44.6 M |
| Free Cash Flow | 29 M |
Wall Street Analysts Price Targets
Credo Technology Group Holding Ltd
Wall Street analysts predict an average 1-year price target for CRDO of $57.1 , with forecasts ranging from
a
low of
$32 to a high of $95 .
CRDO Lowest Price Target
Wall Street Target
32 USD
-65.82%
CRDO Average Price Target
Wall Street Target
57.1 USD
-38.98%
CRDO Highest Price Target
Wall Street Target
95 USD
1.48%
4. DIVIDEND
ANALYSIS
CRDO does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Credo Technology Group Holding Ltd
Sold
0-3 MONTHS
74.4 M USD 6
3-6 MONTHS
87.6 M USD 7
6-9 MONTHS
130 M USD 7
9-12 MONTHS
62 M USD 6
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
2 Top-Ranked Stocks Suited for Momentum Investors
When stocks are cruising near all-time or 52-week highs, it reflects considerable bullishness with trends where buyers are in control.
zacks.com
- 2 weeks ago
Credo Tech Stock: A Leap Covered Call Trade Generates Income And Potential Profits In This Manner
Credo Tech stock isolates some of the best characteristics we look for in performance, and so let's view a leap covered call.
investors.com
- 2 weeks ago
CRDO's Growth Engine Fueled By Top-Line Gains & Operational Discipline
Credo expands margins and accelerates product wins as disciplined growth is expected to push net margin toward 40% in fiscal 2026.
zacks.com
- 2 weeks ago
Are You Looking for a Top Momentum Pick? Why Credo Technology Group Holding Ltd.
Does Credo Technology Group Holding Ltd. (CRDO) have what it takes to be a top stock pick for momentum investors?
zacks.com
- 2 weeks ago
2 Must-Buy Tech Stocks for July: ROK, CRDO
It's time for investors to buy strong technology stocks set to benefit from the artificial intelligence boom and other key trends heading into July.
zacks.com
- 2 weeks ago
Can CRDO Beat Bigger Rivals in the Race to Power AI-Driven Networks?
CRDO accelerates on AI data center tailwinds, with FY25 revenues up 126% and FY26 set to top $800 million.
zacks.com
- 2 weeks ago
SA Quant Top 10: A Stellar Mid-Year Result
SA Quant Top 10 portfolio outperformed consensus with 25% YTD return, driven by strong momentum and upward earnings revisions. Momentum and earnings revisions are the most critical quant factors, while valuation has less short- to medium-term impact on performance. Consensus price targets for the portfolio were upgraded by 33%, with six stocks seeing 50%+ upgrades, validating quant model effectiveness.
seekingalpha.com
- 3 weeks ago
Why Credo Technology Stock Was Marching Higher This Week
Data center connectivity solutions company Credo Technology (CRDO -0.86%) won attention from many stock market participants this week, thanks in no small part to an analyst flagging it as a top pick in the small and mid-cap categories.
fool.com
- 3 weeks ago
CRDO vs. MRVL: Which AI Connectivity Stock Has More Upside?
CRDO's explosive revenue growth and expanding AI-focused product lines spark investor interest over MRVL.
zacks.com
- 3 weeks ago
Credo's Connectivity Flywheel Spins Up AI Profit Potential
Credo Technology Group Holding Ltd's energy-efficient SerDes and HiWire AEC cables are becoming the de facto connective layer of expanding AI data centers, offering hyperscalers faster upgrades and lower power draw. Merchant neutrality lets Credo attach to every major switch, DPU and accelerator roadmap, turning each new Ethernet speed bump—from 800 G to 1.6 T—into an automatic growth lever. Strong gross margins, embedded diagnostics software and a cash-rich balance sheet position Credo to fund next-gen 200 G/lane silicon while compounding earnings.
seekingalpha.com
- 3 weeks ago
Should You Buy Credo Technology Group Holding Ltd. (CRDO) After Golden Cross?
Credo Technology Group Holding Ltd. (CRDO) is looking like an interesting pick from a technical perspective, as the company reached a key level of support.
zacks.com
- 4 weeks ago
Credo Technology: Reversing Momentum Triggers Dip Buying Opportunity
CRDO has already benefitted from the robust AI/data-center related spending trends, as observed in its top/bottom-line performances and the growing hyperscaler partnerships. These reasons may also be why the management has felt confident to offer excellent FY2026 guidance while doubling its capex plans on a YoY basis. With the AI boom already flowing into its richer balance sheet and analysts expecting accelerated networking demand growth, CRDO appears well-positioned to grow further.
seekingalpha.com
- 4 weeks ago
8. Profile
Summary
Credo Technology Group Holding Ltd CRDO
COUNTRY
US
INDUSTRY
Communication Equipment
MARKET CAP
$ 15.9 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. Yat Tung Lam
Co-founder, Chief Operating Officer & Director
Mr. Michael Girvan Lampe
Vice President of Worldwide Sales & Marketing
Mr. Jim Laufman
Chief Legal Officer & Secretary
Mr. Daniel Fleming
Chief Financial Officer
Mr. Chi Fung Cheng
Co-founder, Chief Technology Officer & Director
Mr. William J. Brennan
President, Chief Executive Officer & Chairman
Mr. Daniel J. O'Neil
Vice President of Corporate Development & Investor Relations