Symbols / CRDO
CRDO Chart
About
Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet, and PCIe applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally. It provides HiWire active electrical cables solutions, including HiWire CLOS, SPAN, SHIFT, and SWITCH; optical PAM4 digital signal processors; low-power line card PHY; serializer/deserializer (SerDes) chiplets; and SerDes IP, as well as integrated circuits. The company also offers intellectual property solutions consist of SerDes IP licensing. In addition, it offers predictive integrity link optimization and telemetry; PCIe retimer solutions; and support and maintenance, engineering, and royalties services. The company sells its products to hyperscalers, original equipment manufacturers, original design manufacturers, and optical module manufacturers, as well as into the enterprise and HPC markets. Credo Technology Group Holding Ltd was founded in 2008 and is based in Grand Cayman, the Cayman Islands.
Fundamentals
Scroll to Statements| Sector | Technology | Industry | Semiconductors | Market Cap | 21.83B |
| Enterprise Value | 21.03B | Income | 211.98M | Sales | 796.13M |
| Book/sh | 7.20 | Cash/sh | 4.50 | Dividend Yield | — |
| Payout | 0.00% | Employees | 622 | IPO | — |
| P/E | 104.16 | Forward P/E | 27.45 | PEG | — |
| P/S | 27.41 | P/B | 16.77 | P/C | — |
| EV/EBITDA | 93.40 | EV/Sales | 26.41 | Quick Ratio | 7.54 |
| Current Ratio | 8.86 | Debt/Eq | 1.28 | LT Debt/Eq | — |
| EPS (ttm) | 1.16 | EPS next Y | 4.40 | EPS Growth | — |
| Revenue Growth | 272.10% | Earnings | 2026-03-02 | ROA | 12.00% |
| ROE | 22.87% | ROIC | — | Gross Margin | 66.76% |
| Oper. Margin | 29.40% | Profit Margin | 26.63% | Shs Outstand | 180.63M |
| Shs Float | 161.70M | Short Float | 5.01% | Short Ratio | 1.38 |
| Short Interest | — | 52W High | 213.80 | 52W Low | 29.09 |
| Beta | 2.65 | Avg Volume | 6.61M | Volume | 4.00M |
| Target Price | $205.82 | Recom | Strong_buy | Prev Close | $124.05 |
| Price | $120.83 | Change | -2.60% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$205.82
Mean price target
2. Current target
$120.83
Latest analyst target
3. DCF / Fair value
$5.60
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$120.83
Low
$72.00
High
$260.00
Mean
$205.82
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-02-10 | reit | Needham | Buy → Buy | $220 |
| 2026-02-10 | main | Roth Capital | Buy → Buy | $200 |
| 2026-01-21 | init | Rosenblatt | — → Neutral | $170 |
| 2025-12-02 | main | Roth Capital | Buy → Buy | $250 |
| 2025-12-02 | main | Mizuho | Outperform → Outperform | $225 |
| 2025-12-02 | main | B of A Securities | Buy → Buy | $240 |
| 2025-12-02 | main | Barclays | Overweight → Overweight | $220 |
| 2025-12-02 | main | Needham | Buy → Buy | $220 |
| 2025-10-22 | main | Susquehanna | Positive → Positive | $175 |
| 2025-10-17 | init | JP Morgan | — → Overweight | $165 |
| 2025-10-07 | main | Barclays | Overweight → Overweight | $165 |
| 2025-09-18 | init | William Blair | — → Outperform | — |
| 2025-09-04 | main | Roth Capital | Buy → Buy | $160 |
| 2025-09-04 | main | TD Cowen | Buy → Buy | $160 |
| 2025-09-04 | main | Stifel | Buy → Buy | $155 |
| 2025-09-04 | main | Mizuho | Outperform → Outperform | $155 |
| 2025-09-04 | main | Barclays | Overweight → Overweight | $165 |
| 2025-09-04 | main | Susquehanna | Positive → Positive | $165 |
| 2025-09-04 | main | Needham | Buy → Buy | $150 |
| 2025-09-02 | main | Stifel | Buy → Buy | $130 |
- Goldman Sachs Initiates Coverage of Credo Technology Group Holding Ltd (CRDO) Stock - Yahoo! Finance Canada Mon, 23 Feb 2026 21
- Credo Technology Group (NASDAQ:CRDO) Trading Down 2.6% - Here's What Happened - MarketBeat ue, 24 Feb 2026 22
- AI And Credo Technology's Copper Cables Are Breaking Up (Rating Downgrade) (NASDAQ:CRDO) - Seeking Alpha Wed, 04 Feb 2026 08
- Credo’s PCIe 6.0 Retimer Milestone Sharpening AI Data Center Focus - simplywall.st ue, 24 Feb 2026 20
- Credo expects over 200% revenue growth for fiscal 2026 - Stock Titan Mon, 09 Feb 2026 08
- Credo Technology Group Holding Ltd. (CRDO) Reports Next Week: Wall Street Expects Earnings Growth - Nasdaq Mon, 23 Feb 2026 15
- $CRDO stock is down 6% today. Here's what we see in our data. - Quiver Quantitative Wed, 11 Feb 2026 08
- Credo Technology Group Holding Ltd (CRDO) Draws Attention Amid Analyst Coverage and Industry Developments - Yahoo Finance Sat, 31 Jan 2026 08
- Credo Technology: The Market Has Given A Chance To Load Up (Earnings Preview) - Seeking Alpha Mon, 09 Feb 2026 08
- Credo Technology Group Holding Breaks Above 200-Day Moving Average - Bullish for CRDO - Nasdaq ue, 24 Feb 2026 17
- Citigroup Inc. Buys 349,209 Shares of Credo Technology Group Holding Ltd. $CRDO - MarketBeat ue, 24 Feb 2026 09
- A Look At Credo Technology Group (CRDO) Valuation After Raised Revenue Guidance And PCIe 6.0 Product Milestones - simplywall.st Mon, 23 Feb 2026 11
- Credo Stock: Why I'm Finally Buying In (NASDAQ:CRDO) - Seeking Alpha Wed, 04 Feb 2026 08
- Is Credo (CRDO) One of the Must-Buy AI Stocks to Invest In? - Yahoo Finance hu, 08 Jan 2026 08
- Credo Just Pulled Back—This Might Be the Cleanest Entry Point - MarketBeat hu, 22 Jan 2026 08
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 1875 | 241256 | — | Sale at price 128.67 per share. | SUTARDJA PANTAS | Director | — | 2026-01-30 00:00:00 | D |
| 1 | 27500 | 3502660 | — | Sale at price 123.96 - 134.34 per share. | CHENG CHI FUNG | Chief Technology Officer | — | 2026-01-29 00:00:00 | I |
| 2 | 68016 | 8684909 | — | Sale at price 123.76 - 134.57 per share. | BRENNAN WILLIAM JOSEPH III | Chief Executive Officer | — | 2026-01-29 00:00:00 | D/I |
| 3 | 30000 | 4089941 | — | Sale at price 133.15 - 143.54 per share. | CHENG CHI FUNG | Chief Technology Officer | — | 2026-01-22 00:00:00 | I |
| 4 | 30000 | 4664053 | — | Sale at price 149.34 - 164.66 per share. | CHENG CHI FUNG | Chief Technology Officer | — | 2026-01-15 00:00:00 | I |
| 5 | 2200 | 350196 | — | Sale at price 156.25 - 162.11 per share. | ACEVEDO SYLVIA | Director | — | 2026-01-13 00:00:00 | D |
| 6 | 30000 | 4197852 | — | Sale at price 136.00 - 142.72 per share. | CHENG CHI FUNG | Chief Technology Officer | — | 2026-01-08 00:00:00 | I |
| 7 | 19932 | 2734234 | — | Sale at price 125.69 - 142.44 per share. | BRENNAN WILLIAM JOSEPH III | Chief Executive Officer | — | 2026-01-08 00:00:00 | D |
| 8 | 8562 | 1144270 | — | Sale at price 128.10 - 140.15 per share. | FLEMING DANIEL W | Chief Financial Officer | — | 2026-01-08 00:00:00 | D |
| 9 | 30000 | 4308415 | — | Sale at price 141.48 - 151.04 per share. | CHENG CHI FUNG | Chief Technology Officer | — | 2026-01-02 00:00:00 | I |
Financials
| Line Item | 2025-04-30 | 2024-04-30 | 2023-04-30 | 2022-04-30 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | -43.65K | -126.22K | -183.68K | -5.22K |
| TaxRateForCalcs | 0.05 | 0.17 | 0.08 | 0.00 |
| NormalizedEBITDA | 60.81M | -21.76M | -6.91M | -10.91M |
| TotalUnusualItems | -873.00K | -765.00K | -2.41M | -3.13M |
| TotalUnusualItemsExcludingGoodwill | -873.00K | -765.00K | -2.41M | -3.13M |
| NetIncomeFromContinuingOperationNetMinorityInterest | 52.18M | -28.37M | -16.55M | -22.18M |
| ReconciledDepreciation | 21.94M | 13.77M | 9.51M | 4.79M |
| ReconciledCostOfRevenue | 153.87M | 73.54M | 78.00M | 42.46M |
| EBITDA | 59.94M | -22.52M | -9.31M | -14.04M |
| EBIT | 38.00M | -36.29M | -18.83M | -18.83M |
| NormalizedIncome | 53.01M | -27.73M | -14.32M | -19.05M |
| NetIncomeFromContinuingAndDiscontinuedOperation | 52.18M | -28.37M | -16.55M | -22.18M |
| TotalExpenses | 398.78M | 229.26M | 203.02M | 125.31M |
| TotalOperatingIncomeAsReported | 37.12M | -37.06M | -21.23M | -21.97M |
| DilutedAverageShares | 181.16M | 155.09M | 147.15M | 88.40M |
| BasicAverageShares | 167.50M | 155.09M | 147.15M | 88.40M |
| DilutedEPS | 0.29 | -0.18 | -0.11 | -0.25 |
| BasicEPS | 0.31 | -0.18 | -0.11 | -0.25 |
| DilutedNIAvailtoComStockholders | 52.18M | -28.37M | -16.55M | -22.18M |
| NetIncomeCommonStockholders | 52.18M | -28.37M | -16.55M | -22.18M |
| NetIncome | 52.18M | -28.37M | -16.55M | -22.18M |
| MinorityInterests | 0.00 | 0.00 | ||
| NetIncomeIncludingNoncontrollingInterests | 52.18M | -28.37M | -16.55M | -22.18M |
| NetIncomeContinuousOperations | 52.18M | -28.37M | -16.55M | -22.18M |
| TaxProvision | 2.69M | 5.62M | -1.37M | -37.00K |
| PretaxIncome | 54.87M | -22.75M | -17.91M | -22.21M |
| OtherIncomeExpense | 16.87M | 13.55M | 914.00K | -3.38M |
| OtherNonOperatingIncomeExpenses | 17.75M | 14.31M | 3.32M | -245.00K |
| SpecialIncomeCharges | -873.00K | -765.00K | -2.41M | -3.13M |
| ImpairmentOfCapitalAssets | 873.00K | 765.00K | 2.41M | 3.13M |
| OperatingIncome | 38.00M | -36.29M | -18.83M | -18.83M |
| OperatingExpense | 244.91M | 155.72M | 125.02M | 82.85M |
| ResearchAndDevelopment | 145.99M | 95.53M | 76.77M | 47.95M |
| SellingGeneralAndAdministration | 98.92M | 60.19M | 48.25M | 34.90M |
| SellingAndMarketingExpense | 17.52M | |||
| GeneralAndAdministrativeExpense | 11.15M | |||
| OtherGandA | 11.15M | |||
| GrossProfit | 282.91M | 119.43M | 106.19M | 64.02M |
| CostOfRevenue | 153.87M | 73.54M | 78.00M | 42.46M |
| TotalRevenue | 436.77M | 192.97M | 184.19M | 106.48M |
| OperatingRevenue | 436.77M | 192.97M | 184.19M | 106.48M |
| Line Item | 2025-04-30 | 2024-04-30 | 2023-04-30 | 2022-04-30 |
|---|---|---|---|---|
| OrdinarySharesNumber | 171.17M | 164.31M | 148.65M | 144.75M |
| ShareIssued | 171.17M | 164.31M | 148.65M | 144.75M |
| TotalDebt | 16.04M | 13.87M | 15.50M | 17.19M |
| TangibleBookValue | 681.58M | 540.20M | 347.63M | 334.16M |
| InvestedCapital | 681.58M | 540.20M | 347.63M | 334.16M |
| WorkingCapital | 605.82M | 485.64M | 297.20M | 305.68M |
| NetTangibleAssets | 681.58M | 540.20M | 347.63M | 334.16M |
| CapitalLeaseObligations | 16.04M | 13.87M | 15.50M | 17.19M |
| CommonStockEquity | 681.58M | 540.20M | 347.63M | 334.16M |
| TotalCapitalization | 681.58M | 540.20M | 347.63M | 334.16M |
| TotalEquityGrossMinorityInterest | 681.58M | 540.20M | 347.63M | 334.16M |
| StockholdersEquity | 681.58M | 540.20M | 347.63M | 334.16M |
| GainsLossesNotAffectingRetainedEarnings | -437.00K | -519.00K | -191.00K | 23.00K |
| OtherEquityAdjustments | -437.00K | -519.00K | -191.00K | 23.00K |
| RetainedEarnings | -83.16M | -135.34M | -106.98M | -90.43M |
| AdditionalPaidInCapital | 765.17M | 676.05M | 454.80M | 424.56M |
| CapitalStock | 8.00K | 8.00K | 7.00K | 7.00K |
| CommonStock | 8.00K | 8.00K | 7.00K | 7.00K |
| TotalLiabilitiesNetMinorityInterest | 127.67M | 61.73M | 49.65M | 41.53M |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 19.96M | 17.11M | 18.62M | 15.03M |
| OtherNonCurrentLiabilities | 1.51M | 1.03M | 324.00K | 220.00K |
| PreferredSecuritiesOutsideStockEquity | 0.00 | 0.00 | 197.97M | |
| TradeandOtherPayablesNonCurrent | 5.76M | 4.95M | 5.05M | 0.00 |
| NonCurrentDeferredLiabilities | 128.00K | 380.00K | 0.00 | 424.00K |
| NonCurrentDeferredRevenue | 128.00K | 380.00K | 0.00 | |
| NonCurrentDeferredTaxesLiabilities | 424.00K | |||
| LongTermDebtAndCapitalLeaseObligation | 12.69M | 11.13M | 12.87M | 14.81M |
| LongTermCapitalLeaseObligation | 12.69M | 11.13M | 12.87M | 14.81M |
| CurrentLiabilities | 107.71M | 44.62M | 31.03M | 26.50M |
| OtherCurrentLiabilities | 1.33M | 3.90M | ||
| CurrentDeferredLiabilities | 3.90M | 4.04M | 1.23M | 4.12M |
| CurrentDeferredRevenue | 3.90M | 4.04M | 1.23M | 4.12M |
| CurrentDebtAndCapitalLeaseObligation | 3.34M | 2.74M | 2.63M | 2.38M |
| CurrentCapitalLeaseObligation | 3.34M | 2.74M | 2.63M | 2.38M |
| PensionandOtherPostRetirementBenefitPlansCurrent | 16.10M | 9.00M | 6.47M | 4.71M |
| PayablesAndAccruedExpenses | 86.94M | 28.98M | 17.89M | 18.17M |
| CurrentAccruedExpenses | 22.37M | 9.61M | 7.55M | 8.37M |
| Payables | 64.58M | 19.37M | 10.34M | 9.80M |
| OtherPayable | 8.42M | 5.95M | 4.27M | |
| TotalTaxPayable | 960.00K | 1.31M | 625.00K | |
| IncomeTaxPayable | 960.00K | 1.31M | 625.00K | |
| AccountsPayable | 56.16M | 13.42M | 6.07M | 8.49M |
| TotalAssets | 809.26M | 601.93M | 397.29M | 375.69M |
| TotalNonCurrentAssets | 95.72M | 71.67M | 69.06M | 43.51M |
| OtherNonCurrentAssets | 10.96M | 14.93M | 13.97M | 4.71M |
| NonCurrentPrepaidAssets | 5.90M | 8.20M | 5.18M | 0.00 |
| NonCurrentDeferredAssets | 34.00K | |||
| NonCurrentDeferredTaxesAssets | 34.00K | |||
| NonCurrentAccountsReceivable | 983.00K | 1.82M | ||
| NetPPE | 78.86M | 56.74M | 55.08M | 38.80M |
| AccumulatedDepreciation | -44.20M | -28.73M | -18.02M | -9.84M |
| GrossPPE | 123.07M | 85.47M | 73.10M | 48.63M |
| Leases | 3.22M | 2.52M | 2.00M | 1.47M |
| ConstructionInProgress | 9.69M | 3.62M | 6.30M | 2.93M |
| OtherProperties | 82.26M | 61.06M | 50.85M | 42.50M |
| MachineryFurnitureEquipment | 27.90M | 18.27M | 13.94M | 1.74M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 713.53M | 530.26M | 328.23M | 332.18M |
| OtherCurrentAssets | 27.82M | 13.13M | 5.41M | 5.92M |
| PrepaidAssets | 2.20M | 34.69M | 4.67M | 7.59M |
| Inventory | 90.03M | 25.91M | 46.02M | 27.34M |
| FinishedGoods | 52.71M | 9.02M | 21.37M | 5.38M |
| WorkInProcess | 24.58M | 7.47M | 7.20M | 10.35M |
| RawMaterials | 12.73M | 9.41M | 17.46M | 11.61M |
| Receivables | 162.14M | 59.66M | 58.99M | 39.59M |
| OtherReceivables | 21.56M | 9.45M | 10.07M | 4.56M |
| AccountsReceivable | 162.14M | 59.66M | 49.54M | 29.52M |
| CashCashEquivalentsAndShortTermInvestments | 431.34M | 410.00M | 217.81M | 259.32M |
| OtherShortTermInvestments | 195.01M | 343.06M | 109.23M | 0.00 |
| CashAndCashEquivalents | 236.33M | 66.94M | 108.58M | 259.32M |
| Line Item | 2025-04-30 | 2024-04-30 | 2023-04-30 | 2022-04-30 |
|---|---|---|---|---|
| FreeCashFlow | 29.02M | 17.09M | -46.33M | -48.41M |
| RepurchaseOfCapitalStock | 0.00 | 0.00 | -22.91M | |
| IssuanceOfCapitalStock | 0.00 | 173.43M | 0.00 | 201.45M |
| CapitalExpenditure | -36.06M | -15.65M | -21.71M | -17.58M |
| IncomeTaxPaidSupplementalData | 1.45M | 1.05M | 1.20M | 427.00K |
| EndCashPosition | 236.33M | 66.94M | 108.58M | 259.32M |
| BeginningCashPosition | 66.94M | 108.58M | 259.32M | 103.76M |
| EffectOfExchangeRateChanges | 41.00K | -169.00K | -68.00K | -204.00K |
| ChangesInCash | 169.34M | -41.47M | -150.67M | 155.77M |
| FinancingCashFlow | -7.73M | 175.28M | 4.88M | 204.18M |
| CashFlowFromContinuingFinancingActivities | -7.73M | 175.28M | 4.88M | 204.18M |
| NetOtherFinancingCharges | -15.56M | -5.21M | -616.00K | |
| ProceedsFromStockOptionExercised | 7.83M | 7.05M | 5.50M | 2.73M |
| NetPreferredStockIssuance | 0.00 | 0.00 | 7.25M | 99.35M |
| PreferredStockIssuance | 0.00 | 0.00 | 7.25M | 99.35M |
| NetCommonStockIssuance | 0.00 | 173.43M | 0.00 | 194.21M |
| CommonStockPayments | 0.00 | 0.00 | -22.91M | |
| CommonStockIssuance | 0.00 | 173.43M | 0.00 | 194.21M |
| InvestingCashFlow | 111.99M | -249.49M | -130.94M | -17.58M |
| CashFlowFromContinuingInvestingActivities | 111.99M | -249.49M | -130.94M | -17.58M |
| NetInvestmentPurchaseAndSale | 148.05M | -233.83M | -109.23M | 0.00 |
| SaleOfInvestment | 406.78M | 169.75M | 50.00M | 0.00 |
| PurchaseOfInvestment | -258.73M | -403.59M | -159.23M | 0.00 |
| NetPPEPurchaseAndSale | -36.06M | -15.65M | -21.71M | -17.58M |
| PurchaseOfPPE | -36.06M | -15.65M | -21.71M | -17.58M |
| OperatingCashFlow | 65.08M | 32.74M | -24.61M | -30.83M |
| CashFlowFromContinuingOperatingActivities | 65.08M | 32.74M | -24.61M | -30.83M |
| ChangeInWorkingCapital | -108.40M | -731.00K | -50.42M | -29.61M |
| ChangeInOtherWorkingCapital | -391.00K | 3.19M | -2.88M | 1.37M |
| ChangeInOtherCurrentAssets | 6.68M | -20.49M | -5.86M | -1.65M |
| ChangeInPayablesAndAccruedExpense | 57.86M | 14.12M | -166.00K | 14.35M |
| ChangeInAccruedExpense | 15.93M | 5.31M | 3.68M | 9.60M |
| ChangeInPayable | 41.93M | 8.81M | -3.84M | 4.75M |
| ChangeInAccountPayable | 41.93M | 8.81M | -3.84M | 4.75M |
| ChangeInPrepaidAssets | -7.72M | 512.00K | 2.81M | -7.02M |
| ChangeInInventory | -70.47M | 15.76M | -24.38M | -21.68M |
| ChangeInReceivables | -102.48M | -10.12M | -20.02M | -20.55M |
| ChangesInAccountReceivables | -102.48M | -10.12M | -20.02M | -15.88M |
| StockBasedCompensation | 77.36M | 39.02M | 23.52M | 9.19M |
| AssetImpairmentCharge | 8.82M | 5.12M | 8.10M | 6.33M |
| DepreciationAmortizationDepletion | 21.94M | 13.77M | 9.51M | 4.79M |
| DepreciationAndAmortization | 21.94M | 13.77M | 9.51M | 4.79M |
| OperatingGainsLosses | 13.19M | 3.92M | 1.22M | 640.00K |
| GainLossOnInvestmentSecurities | 13.19M | 3.92M | 1.22M | 640.00K |
| NetIncomeFromContinuingOperations | 52.18M | -28.37M | -16.55M | -22.18M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for CRDO
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|