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Technology - Communication Equipment - NASDAQ - US
$ 85.51
-0.0935 %
$ 14.5 B
Market Cap
294.86
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one CRDO stock under the worst case scenario is HIDDEN Compared to the current market price of 85.5 USD, Credo Technology Group Holding Ltd is HIDDEN

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one CRDO stock under the base case scenario is HIDDEN Compared to the current market price of 85.5 USD, Credo Technology Group Holding Ltd is HIDDEN

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one CRDO stock under the best case scenario is HIDDEN Compared to the current market price of 85.5 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$30.0Jan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 Jun
FINANCIALS
437 M REVENUE
126.34%
37.1 M OPERATING INCOME
200.18%
-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%
170 M REVENUE
25.94%
33.8 M OPERATING INCOME
28.99%
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 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
53.30 %20.04 %14.83 %9.75 %Total Assets$809.3m
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
43.99 %40.38 %9.94 %5.69 %Total Liabilities$127.7m
EFFICIENCY
Earnings Waterfall Credo Technology Group Holding Ltd
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Revenue 437 M
Cost Of Revenue 154 M
Gross Profit 283 M
Operating Expenses 245 M
Operating Income 37.1 M
Other Expenses 65.5 M
Net Income -28.4 M
450m450m400m400m350m350m300m300m250m250m200m200m150m150m100m100m50m50m00(50m)(50m)437m(154m)283m(245m)37m(65m)(28m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
64.77% GROSS MARGIN
64.77%
8.50% OPERATING MARGIN
8.50%
11.95% NET MARGIN
11.95%
7.66% ROE
7.66%
6.45% ROA
6.45%
5.03% ROIC
5.03%
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 $57.1 , with forecasts ranging from a low of $32 to a high of $95 .
CRDO Lowest Price Target Wall Street Target
32 USD -62.58%
CRDO Average Price Target Wall Street Target
57.1 USD -33.20%
CRDO Highest Price Target Wall Street Target
95 USD 11.10%
Price
Max Price Target
Min Price Target
Average Price Target
10010090908080707060605050404030302020Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '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
63.4 M USD 7
3-6 MONTHS
107 M USD 7
6-9 MONTHS
134 M USD 7
9-12 MONTHS
35.8 M USD 4
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
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 - 6 days 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 - 1 week 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 - 1 week 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 - 1 week 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 - 1 week ago
AI Plays, MercadoLibre, Chili's Parent Among 5 Stocks Near Buy Points Two AI data center plays and e-commerce giant MercadoLibre are among five stocks near buy points with the market still in a power trend. investors.com - 1 week ago
Credo Expects Revenues to Top $800M in FY26: Is the Growth Sustainable? CRDO guides FY26 revenues to exceed $800 million, fueled by AEC, retimer and optical business growth amid soaring AI data-center demand. zacks.com - 1 week ago
Credo Technology Group Holding Ltd. (CRDO) Is Up 19.69% in One Week: What You Should Know 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
Credo Technology: It's Just The Beginning My bullish CRDO thesis, initiated Jan 2025, proved prescient as the stock surged post-Q4 FY25, validating calls to buy during its dip and highlighting its massive TAM opportunity. Credo's Q4 FY25 smashed estimates with$170M revenue (+180% YoY) and$0.35 EPS (+27% beat), fueling significant upward revisions for FY26-27 earnings and showcasing strong execution. Impressive Q4 profitability saw gross margins hit 67.4%; FY26 guidance targets $800M sales with net margins approaching 40%, suggesting substantial EPS upside beyond current consensus. seekingalpha.com - 2 weeks ago
Why Credo Technology Group (CRDO) Might be Well Poised for a Surge Credo Technology Group (CRDO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions. zacks.com - 2 weeks ago
Credo Q4: Exceeding Expectations Exceptionally Credo crushed Q4 with standout revenue growth and 67% gross margins—proof that its pricing power and execution are world-class in the evolving AI datacenter ecosystem. Customer concentration risk is easing, with strategic diversification unlocking deeper partnerships across hyperscalers and expanding its competitive moat. With nimble scaling, resilient margins, and next-gen tech on deck, Credo's becoming a definitive name in AI connectivity—volatility aside, the upside is real. seekingalpha.com - 2 weeks ago
8. Profile Summary

Credo Technology Group Holding Ltd CRDO

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COUNTRY US
INDUSTRY Communication Equipment
MARKET CAP $ 14.5 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