Symbols / CRDO Stock $266.93 -1.87% Credo Technology Group Holding Ltd

Technology • Semiconductors • Cayman Islands • NMS
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Stock Fundamentals
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Index EQUITY
Sector Technology
Industry Semiconductors
CEO Mr. William J. Brennan
Exch · Country NMS · Cayman Islands
Market Cap 49.78B
Enterprise Value 49.31B
Income 472.28M
Sales 1.34B
FCF (ttm) 250.81M
Book/sh 11.13
Cash/sh 7.74
Employees 807
Insider 10d —
IPO Jan 27, 2022
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E 106.77
Forward P/E 29.95
PEG —
P/S 37.28
P/B 23.98
P/C —
EV/EBITDA 102.80
EV/Sales 36.93
Quick Ratio 8.51
Current Ratio 10.15
Debt/Eq 1.23
LT Debt/Eq —
EPS (ttm) 2.50
EPS next Y 8.91
EPS Growth 3.43%
Revenue Growth 157.00%
EPS Gr Q/Q 3.62%
Rev Gr Q/Q —
Earnings (next) 2026-06-01
Earnings (prior) 2026-06-01
ROA 17.92%
ROE 34.41%
ROIC —
Gross Margin 68.04%
Oper. Margin 35.66%
Profit Margin 35.37%
Shs Outstand 186.48M
Shs Float 167.29M
Insider Own 10.94%
Instit Own 75.90%
Short Float 6.27%
Short Ratio 1.65
Short Interest 10.28M
52W High 308.67
vs 52W High -13.52%
52W Low 84.25
vs 52W Low 216.82%
Beta 3.23
Impl. Vol. 50.61%
Rel Volume 0.38
Avg Volume 7.83M
Volume 2.94M
Target (mean) $269.81
Tgt Median $271.45
Tgt Low $184.00
Tgt High $350.00
# Analysts 19
Recom Strong_buy
Prev Close $272.00
Price $266.93
Change -1.87%
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 other international markets. The company offers ZeroFlap (ZF) active electrical cables and ZF optical transceivers, OmniConnect memory solutions, and a suite of retimers and DSPs for optical and copper Ethernet and PCIe, as well as integrated circuits, active electrical cables, and SerDes chiplets. It also provides intellectual property (IP) solutions, including SerDes IP licensing. The company offers was founded in 2008 and is headquartered in Grand Cayman, the Cayman Islands.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$269.81
Mean price target
2. Current target
$266.93
Latest analyst target
3. DCF / Fair value
$24.21
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$266.93
Low
$184.00
High
$350.00
Mean
$269.81

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-06-23 main B of A Securities Buy → Buy $340
2026-06-22 main Stifel Buy → Buy $350
2026-06-22 init Evercore ISI Group — → Outperform $325
2026-06-02 main Roth Capital Buy → Buy $300
2026-06-02 main Jefferies Buy → Buy $270
2026-06-02 main TD Cowen Buy → Buy $260
2026-06-02 main Susquehanna Positive → Positive $235
2026-06-02 main JP Morgan Overweight → Overweight $250
2026-06-02 main Mizuho Outperform → Outperform $290
2026-06-02 main Rosenblatt Neutral → Neutral $215
2026-06-02 main B of A Securities Buy → Buy $252
2026-06-02 main Needham Buy → Buy $275
2026-06-01 main Mizuho Outperform → Outperform $260
2026-05-01 init Rothschild & Co — → Buy $206
2026-04-16 main Goldman Sachs Buy → Buy $170
2026-04-15 main Rosenblatt Neutral → Neutral $175
2026-04-15 reit Needham Buy → Buy $220
2026-04-13 init Jefferies — → Buy $175
2026-03-23 main Rosenblatt Neutral → Neutral $125
2026-03-03 main Susquehanna Positive → Positive $170
News
RSS: Latest CRDO news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-06-16 CHENG CHI FUNG Chief Technology Officer — 27,500 $239.60 $6,783,985
2026-06-15 BRENNAN WILLIAM JOSEPH III Chief Executive Officer — 7,500 $0.00 $0
2026-06-11 LAUFMAN JAMES L Officer — 5,000 $264.48 $1,322,425
2026-06-11 CHENG CHI FUNG Chief Technology Officer — 27,500 $243.10 $7,136,962
2026-06-11 FLEMING DANIEL W Chief Financial Officer — 40,000 $242.50 $9,979,282
2026-06-09 DANESH FARIBA Director — 1,100 $236.34 $259,980
2026-06-09 CHENG CHI FUNG Chief Technology Officer — 5,000 $0.00 $0
2026-06-05 ACEVEDO SYLVIA Director — 2,208 $211.00 $465,888
2026-06-05 BRENNAN WILLIAM JOSEPH III Chief Executive Officer — 54,984 $206.40 $12,017,877
2026-06-04 LAUFMAN JAMES L Officer — 5,000 $222.81 $1,114,050
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2026-04-30 2025-04-30 2024-04-30 2023-04-30
Total Revenue
1,335.12
+205.68%
436.77
+126.34%
192.97
+4.76%
184.19
Operating Revenue
1,335.12
+205.68%
436.77
+126.34%
192.97
+4.76%
184.19
Cost Of Revenue
426.77
+177.36%
153.87
+109.23%
73.54
-5.72%
78.00
Reconciled Cost Of Revenue
426.77
+177.36%
153.87
+109.23%
73.54
-5.72%
78.00
Gross Profit
908.35
+221.07%
282.91
+136.88%
119.43
+12.46%
106.19
Operating Expense
463.34
+88.52%
245.78
+57.06%
156.49
+25.17%
125.02
Research And Development
279.38
+90.23%
146.87
+52.52%
96.30
+25.43%
76.77
Selling General And Administration
183.96
+85.98%
98.92
+64.33%
60.19
+24.76%
48.25
Total Expenses
890.11
+122.72%
399.65
+73.74%
230.03
+13.30%
203.02
Operating Income
445.00
+1098.70%
37.12
+200.18%
-37.06
-96.82%
-18.83
Total Operating Income As Reported
445.00
+1098.70%
37.12
+200.18%
-37.06
-74.51%
-21.23
EBITDA
480.04
+712.78%
59.06
+353.63%
-23.29
-150.02%
-9.31
Normalized EBITDA
480.04
+712.78%
59.06
+353.63%
-23.29
-237.15%
-6.91
Reconciled Depreciation
35.04
+59.71%
21.94
+59.31%
13.77
+44.74%
9.51
EBIT
445.00
+1098.70%
37.12
+200.18%
-37.06
-96.82%
-18.83
Total Unusual Items
—
-0.87
-14.12%
-0.77
+68.22%
-2.41
Total Unusual Items Excluding Goodwill
—
-0.87
-14.12%
-0.77
+68.22%
-2.41
Special Income Charges
—
-0.87
-14.12%
-0.77
+68.22%
-2.41
Impairment Of Capital Assets
—
0.87
+14.12%
0.77
-68.22%
2.41
Net Income
472.28
+805.04%
52.18
+283.94%
-28.37
-71.44%
-16.55
Pretax Income
475.44
+766.48%
54.87
+341.24%
-22.75
-26.97%
-17.91
Other Income Expense
30.43
+71.48%
17.75
+23.99%
14.31
+1465.97%
0.91
Other Non Operating Income Expenses
30.43
+71.48%
17.75
+23.99%
14.31
+330.98%
3.32
Tax Provision
3.16
+17.45%
2.69
-52.22%
5.62
+511.41%
-1.37
Tax Rate For Calcs
0.00
-86.44%
0.00
-76.68%
0.00
+175.20%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
+100.00%
-0.18
Net Income Including Noncontrolling Interests
472.28
+805.04%
52.18
+283.94%
-28.37
-71.44%
-16.55
Net Income From Continuing Operation Net Minority Interest
472.28
+805.04%
52.18
+283.94%
-28.37
-71.44%
-16.55
Net Income From Continuing And Discontinued Operation
472.28
+805.04%
52.18
+283.94%
-28.37
-71.44%
-16.55
Net Income Continuous Operations
472.28
+805.04%
52.18
+283.94%
-28.37
-71.44%
-16.55
Minority Interests
—
—
—
—
Normalized Income
472.28
+805.04%
52.18
+283.94%
-28.37
-98.06%
-14.32
Net Income Common Stockholders
472.28
+805.04%
52.18
+283.94%
-28.37
-71.44%
-16.55
Diluted EPS
2.51
+765.52%
0.29
+261.11%
-0.18
-63.64%
-0.11
Basic EPS
2.65
+754.84%
0.31
+272.22%
-0.18
-63.64%
-0.11
Basic Average Shares
178.54
+6.59%
167.50
+8.00%
155.09
+5.40%
147.15
Diluted Average Shares
188.23
+3.90%
181.16
+16.81%
155.09
+5.40%
147.15
Diluted NI Availto Com Stockholders
472.28
+805.04%
52.18
+283.94%
-28.37
-71.44%
-16.55
Line Item Trend 2026-04-30 2025-04-30 2024-04-30 2023-04-30
Total Assets
2,295.62
+183.67%
809.26
+34.44%
601.93
+51.51%
397.29
Current Assets
2,001.07
+180.44%
713.53
+34.56%
530.26
+61.55%
328.23
Cash Cash Equivalents And Short Term Investments
1,443.29
+234.61%
431.34
+5.20%
410.00
+88.24%
217.81
Cash And Cash Equivalents
1,164.95
+392.94%
236.33
+253.03%
66.94
-38.35%
108.58
Other Short Term Investments
278.33
+42.73%
195.01
-43.16%
343.06
+214.08%
109.23
Receivables
233.38
+43.93%
162.14
+171.77%
59.66
+1.15%
58.99
Accounts Receivable
233.38
+43.93%
162.14
+171.77%
59.66
+20.43%
49.54
Other Receivables
—
—
21.56
+128.29%
9.45
Inventory
250.83
+178.61%
90.03
+247.51%
25.91
-43.71%
46.02
Raw Materials
64.36
+405.40%
12.73
+35.25%
9.41
-46.06%
17.46
Work In Process
34.30
+39.51%
24.58
+229.09%
7.47
+3.75%
7.20
Finished Goods
152.18
+188.70%
52.71
+484.26%
9.02
-57.78%
21.37
Prepaid Assets
—
2.20
-93.66%
34.69
—
Other Current Assets
73.58
+145.07%
30.02
+128.64%
13.13
+142.63%
5.41
Total Non Current Assets
294.55
+207.71%
95.72
+33.57%
71.67
+3.78%
69.06
Net PPE
126.25
+60.08%
78.86
+38.99%
56.74
+3.01%
55.08
Gross PPE
204.83
+66.44%
123.07
+43.99%
85.47
+16.92%
73.10
Accumulated Depreciation
-78.59
-77.79%
-44.20
-53.86%
-28.73
-59.45%
-18.02
Properties
0.00
0.00
0.00
0.00
Machinery Furniture Equipment
48.92
+75.35%
27.90
+52.71%
18.27
+31.05%
13.94
Construction In Progress
27.03
+179.00%
9.69
+167.89%
3.62
-42.60%
6.30
Other Properties
124.79
+52.24%
81.97
+34.24%
61.06
+20.07%
50.85
Leases
4.10
+16.60%
3.51
+39.13%
2.52
+25.94%
2.00
Goodwill And Other Intangible Assets
122.06
0.00
—
—
Goodwill
92.80
0.00
—
—
Other Intangible Assets
29.26
—
—
—
Non Current Accounts Receivable
—
—
—
—
Non Current Prepaid Assets
—
5.90
-28.05%
8.20
+58.30%
5.18
Other Non Current Assets
46.24
+174.31%
16.86
+12.95%
14.93
+6.80%
13.97
Total Liabilities Net Minority Interest
232.01
+81.72%
127.67
+106.81%
61.73
+24.33%
49.65
Current Liabilities
197.09
+82.98%
107.71
+141.40%
44.62
+43.79%
31.03
Payables And Accrued Expenses
126.72
+69.54%
74.74
+157.94%
28.98
+61.96%
17.89
Payables
119.52
+85.08%
64.58
+233.44%
19.37
+87.37%
10.34
Accounts Payable
107.34
+91.15%
56.16
+318.56%
13.42
+121.15%
6.07
Other Payable
12.18
+44.64%
8.42
+41.51%
5.95
+39.38%
4.27
Current Accrued Expenses
7.19
-29.23%
10.16
+5.76%
9.61
+27.20%
7.55
Pensionand Other Post Retirement Benefit Plans Current
21.63
+34.35%
16.10
+78.86%
9.00
+39.08%
6.47
Total Tax Payable
—
—
—
0.96
Income Tax Payable
—
—
—
0.96
Current Debt And Capital Lease Obligation
4.83
+44.55%
3.34
+21.93%
2.74
+4.22%
2.63
Current Capital Lease Obligation
4.83
+44.55%
3.34
+21.93%
2.74
+4.22%
2.63
Current Deferred Liabilities
—
—
3.90
-3.42%
4.04
Current Deferred Revenue
—
—
3.90
-3.42%
4.04
Other Current Liabilities
43.92
+224.59%
13.53
+246.75%
3.90
—
Total Non Current Liabilities Net Minority Interest
34.92
+74.89%
19.96
+16.65%
17.11
-8.10%
18.62
Long Term Debt And Capital Lease Obligation
20.62
+62.43%
12.69
+14.01%
11.13
-13.49%
12.87
Long Term Capital Lease Obligation
20.62
+62.43%
12.69
+14.01%
11.13
-13.49%
12.87
Tradeand Other Payables Non Current
—
5.76
+16.40%
4.95
-1.96%
5.05
Non Current Deferred Liabilities
—
—
0.13
-66.32%
0.38
Non Current Deferred Revenue
—
—
0.13
-66.32%
0.38
Other Non Current Liabilities
14.30
+96.66%
7.27
+605.24%
1.03
+218.21%
0.32
Preferred Securities Outside Stock Equity
—
—
—
0.00
Stockholders Equity
2,063.61
+202.77%
681.58
+26.17%
540.20
+55.39%
347.63
Common Stock Equity
2,063.61
+202.77%
681.58
+26.17%
540.20
+55.39%
347.63
Capital Stock
0.01
+12.50%
0.01
+0.00%
0.01
+14.29%
0.01
Common Stock
0.01
+12.50%
0.01
+0.00%
0.01
+14.29%
0.01
Share Issued
185.42
+8.33%
171.17
+4.18%
164.31
+10.53%
148.65
Ordinary Shares Number
185.42
+8.33%
171.17
+4.18%
164.31
+10.53%
148.65
Additional Paid In Capital
1,672.06
+118.52%
765.17
+13.18%
676.05
+48.65%
454.80
Retained Earnings
389.12
+567.90%
-83.16
+38.56%
-135.34
-26.52%
-106.98
Gains Losses Not Affecting Retained Earnings
2.43
+655.15%
-0.44
+15.80%
-0.52
-171.73%
-0.19
Other Equity Adjustments
2.43
+655.15%
-0.44
+15.80%
-0.52
-171.73%
-0.19
Total Equity Gross Minority Interest
2,063.61
+202.77%
681.58
+26.17%
540.20
+55.39%
347.63
Total Capitalization
2,063.61
+202.77%
681.58
+26.17%
540.20
+55.39%
347.63
Working Capital
1,803.98
+197.77%
605.82
+24.75%
485.64
+63.41%
297.20
Invested Capital
2,063.61
+202.77%
681.58
+26.17%
540.20
+55.39%
347.63
Total Debt
25.45
+58.70%
16.04
+15.58%
13.87
-10.48%
15.50
Capital Lease Obligations
25.45
+58.70%
16.04
+15.58%
13.87
-10.48%
15.50
Net Tangible Assets
1,941.55
+184.86%
681.58
+26.17%
540.20
+55.39%
347.63
Tangible Book Value
1,941.55
+184.86%
681.58
+26.17%
540.20
+55.39%
347.63
Line Item Trend 2026-04-30 2025-04-30 2024-04-30 2023-04-30
Operating Cash Flow
464.29
+613.38%
65.08
+98.81%
32.74
+233.00%
-24.61
Cash Flow From Continuing Operating Activities
464.29
+613.38%
65.08
+98.81%
32.74
+233.00%
-24.61
Net Income From Continuing Operations
472.28
+805.04%
52.18
+283.94%
-28.37
-71.44%
-16.55
Depreciation Amortization Depletion
35.04
+59.71%
21.94
+59.31%
13.77
+44.74%
9.51
Depreciation
34.64
+57.89%
21.94
+59.31%
13.77
—
Amortization Cash Flow
0.40
0.00
0.00
—
Depreciation And Amortization
35.04
+59.71%
21.94
+59.31%
13.77
+44.74%
9.51
Amortization Of Intangibles
0.40
0.00
0.00
—
Stock Based Compensation
182.64
+136.10%
77.36
+98.23%
39.02
+65.94%
23.52
Asset Impairment Charge
16.62
+88.28%
8.82
+72.40%
5.12
-36.80%
8.10
Operating Gains Losses
—
13.19
+235.95%
3.92
+221.72%
1.22
Gain Loss On Investment Securities
—
13.19
+235.95%
3.92
+221.72%
1.22
Change In Working Capital
-242.28
-123.50%
-108.40
-14729.55%
-0.73
+98.55%
-50.42
Change In Receivables
-70.80
+30.92%
-102.48
-912.57%
-10.12
+49.44%
-20.02
Changes In Account Receivables
-70.80
+30.92%
-102.48
-912.57%
-10.12
+49.44%
-20.02
Change In Inventory
-174.04
-146.96%
-70.47
-547.09%
15.76
+164.65%
-24.38
Change In Prepaid Assets
—
—
-7.72
-1607.62%
0.51
Change In Payables And Accrued Expense
73.81
+27.56%
57.86
+309.85%
14.12
+8604.82%
-0.17
Change In Accrued Expense
25.06
+57.27%
15.93
+199.94%
5.31
+44.47%
3.68
Change In Payable
48.75
+16.27%
41.93
+376.15%
8.81
+329.14%
-3.84
Change In Account Payable
48.75
+16.27%
41.93
+376.15%
8.81
+329.14%
-3.84
Change In Other Working Capital
—
—
-0.39
-112.27%
3.19
Change In Other Current Assets
-71.25
-1165.88%
6.68
+132.63%
-20.49
-249.90%
-5.86
Investing Cash Flow
-253.53
-326.38%
111.99
+144.89%
-249.49
-90.53%
-130.94
Cash Flow From Continuing Investing Activities
-253.53
-326.38%
111.99
+144.89%
-249.49
-90.53%
-130.94
Net PPE Purchase And Sale
-57.30
-58.89%
-36.06
-130.39%
-15.65
+27.91%
-21.71
Purchase Of PPE
-57.30
-58.89%
-36.06
-130.39%
-15.65
+27.91%
-21.71
Capital Expenditure
-57.30
-58.89%
-36.06
-130.39%
-15.65
+27.91%
-21.71
Net Investment Purchase And Sale
-83.32
-156.28%
148.05
+163.31%
-233.83
-114.08%
-109.23
Purchase Of Investment
-393.33
-52.03%
-258.73
+35.89%
-403.59
-153.46%
-159.23
Sale Of Investment
310.01
-23.79%
406.78
+139.63%
169.75
+239.51%
50.00
Net Business Purchase And Sale
-112.91
0.00
0.00
—
Purchase Of Business
-112.91
0.00
0.00
—
Financing Cash Flow
717.63
+9386.09%
-7.73
-104.41%
175.28
+3488.05%
4.88
Cash Flow From Continuing Financing Activities
717.63
+9386.09%
-7.73
-104.41%
175.28
+3488.05%
4.88
Net Common Stock Issuance
736.33
0.00
-100.00%
173.43
0.00
Common Stock Payments
—
—
—
0.00
Repurchase Of Capital Stock
—
—
—
0.00
Proceeds From Stock Option Exercised
7.08
-9.55%
7.83
+11.00%
7.05
+28.25%
5.50
Net Other Financing Charges
-25.78
-65.70%
-15.56
-198.64%
-5.21
-745.78%
-0.62
Changes In Cash
928.39
+448.23%
169.34
+508.34%
-41.47
+72.48%
-150.67
Effect Of Exchange Rate Changes
0.23
+463.41%
0.04
+124.26%
-0.17
-148.53%
-0.07
Beginning Cash Position
236.33
+253.03%
66.94
-38.35%
108.58
-58.13%
259.32
End Cash Position
1,164.95
+392.94%
236.33
+253.03%
66.94
-38.35%
108.58
Free Cash Flow
407.00
+1302.37%
29.02
+69.87%
17.09
+136.88%
-46.33
Income Tax Paid Supplemental Data
2.47
+70.84%
1.45
+37.29%
1.05
-12.46%
1.20
Common Stock Issuance
736.33
0.00
-100.00%
173.43
0.00
Issuance Of Capital Stock
736.33
0.00
-100.00%
173.43
0.00
Net Preferred Stock Issuance
—
—
0.00
0.00
Preferred Stock Issuance
—
—
0.00
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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