Symbols / CRDO Stock $189.36 -4.64% Credo Technology Group Holding Ltd

Technology • Semiconductors • Cayman Islands • NMS
CRDO (Stock) Chart
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Technology
Industry Semiconductors
CEO Mr. William J. Brennan
Exch · Country NMS · Cayman Islands
Market Cap 34.93B
Enterprise Value 33.64B
Income 339.76M
Sales 1.07B
FCF (ttm) 172.24M
Book/sh 10.04
Cash/sh 7.06
Employees 622
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 103.48
Forward P/E 34.33
PEG —
P/S 32.70
P/B 18.87
P/C —
EV/EBITDA 96.05
EV/Sales 31.50
Quick Ratio 9.35
Current Ratio 10.81
Debt/Eq 0.88
LT Debt/Eq —
EPS (ttm) 1.83
EPS next Y 5.52
EPS Growth 4.12%
Revenue Growth 201.50%
EPS Gr Q/Q 4.35%
Rev Gr Q/Q —
Earnings (next) 2026-06-01
Earnings (prior) 2026-03-02
ROA 14.68%
ROE 27.54%
ROIC —
Gross Margin 67.83%
Oper. Margin 36.76%
Profit Margin 31.81%
Shs Outstand 184.45M
Shs Float 165.79M
Insider Own 10.91%
Instit Own 79.62%
Short Float 5.78%
Short Ratio 1.31
Short Interest 9.48M
52W High 213.80
vs 52W High -11.43%
52W Low 57.21
vs 52W Low 230.99%
Beta 3.18
Impl. Vol. 1.20%
Rel Volume 0.94
Avg Volume 7.03M
Volume 6.60M
Target (mean) $209.09
Tgt Median $202.77
Tgt Low $170.00
Tgt High $260.00
# Analysts 18
Recom Strong_buy
Prev Close $198.57
Price $189.36
Change -4.64%
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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$209.09
Mean price target
2. Current target
$189.36
Latest analyst target
3. DCF / Fair value
$16.81
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$189.36
Low
$170.00
High
$260.00
Mean
$209.09

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
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
2026-03-03 main Mizuho Outperform → Outperform $200
2026-03-03 main Rosenblatt Neutral → Neutral $125
2026-03-03 reit Needham Buy → Buy $220
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
News
RSS: Latest CRDO news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-05-01 CHENG CHI FUNG Chief Technology Officer — 27,500 $172.62 $4,922,112
2026-04-27 CHENG CHI FUNG Chief Technology Officer — 27,500 $177.11 $4,931,442
2026-04-22 CHENG CHI FUNG Chief Technology Officer — 27,500 $184.74 $5,170,522
2026-04-16 CHENG CHI FUNG Chief Technology Officer — 27,500 $154.10 $4,333,425
2026-04-15 BRENNAN WILLIAM JOSEPH III Chief Executive Officer — 7,500 $0.00 $0
2026-04-15 LAUFMAN JAMES L Officer — 10,000 $164.41 $1,644,100
2026-04-14 FLEMING DANIEL W Chief Financial Officer — 7,580 $152.51 $1,156,951
2026-04-10 CHENG CHI FUNG Chief Technology Officer — 27,500 $109.05 $3,251,835
2026-04-06 CHENG CHI FUNG Chief Technology Officer — 27,500 $102.33 $2,837,844
2026-04-02 CHENG CHI FUNG Chief Technology Officer — 2,434 $101.45 $246,929
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 2025-04-30 2024-04-30 2023-04-30 2022-04-30
Total Revenue
436.77
+126.34%
192.97
+4.76%
184.19
+72.99%
106.48
Operating Revenue
436.77
+126.34%
192.97
+4.76%
184.19
+72.99%
106.48
Cost Of Revenue
153.87
+109.23%
73.54
-5.72%
78.00
+83.69%
42.46
Reconciled Cost Of Revenue
153.87
+109.23%
73.54
-5.72%
78.00
+83.69%
42.46
Gross Profit
282.91
+136.88%
119.43
+12.46%
106.19
+65.89%
64.02
Operating Expense
244.91
+57.27%
155.72
+24.56%
125.02
+50.90%
82.85
Research And Development
145.99
+52.82%
95.53
+24.43%
76.77
+60.12%
47.95
Selling General And Administration
98.92
+64.33%
60.19
+24.76%
48.25
+38.25%
34.90
Total Expenses
398.78
+73.94%
229.26
+12.93%
203.02
+62.01%
125.31
Operating Income
38.00
+204.70%
-36.29
-92.76%
-18.83
+0.03%
-18.83
Total Operating Income As Reported
37.12
+200.18%
-37.06
-74.51%
-21.23
+3.34%
-21.97
EBITDA
59.94
+366.12%
-22.52
-141.81%
-9.31
+33.67%
-14.04
Normalized EBITDA
60.81
+379.49%
-21.76
-215.00%
-6.91
+36.67%
-10.91
Reconciled Depreciation
21.94
+59.31%
13.77
+44.74%
9.51
+98.50%
4.79
EBIT
38.00
+204.70%
-36.29
-92.76%
-18.83
+0.03%
-18.83
Total Unusual Items
-0.87
-14.12%
-0.77
+68.22%
-2.41
+23.20%
-3.13
Total Unusual Items Excluding Goodwill
-0.87
-14.12%
-0.77
+68.22%
-2.41
+23.20%
-3.13
Special Income Charges
-0.87
-14.12%
-0.77
+68.22%
-2.41
+23.20%
-3.13
Impairment Of Capital Assets
0.87
+14.12%
0.77
-68.22%
2.41
-23.20%
3.13
Net Income
52.18
+283.94%
-28.37
-71.44%
-16.55
+25.38%
-22.18
Pretax Income
54.87
+341.24%
-22.75
-26.97%
-17.91
+19.35%
-22.21
Other Income Expense
16.87
+24.54%
13.55
+1382.28%
0.91
+127.05%
-3.38
Other Non Operating Income Expenses
17.75
+23.99%
14.31
+330.98%
3.32
+1455.51%
-0.24
Tax Provision
2.69
-52.22%
5.62
+511.41%
-1.37
-3594.59%
-0.04
Tax Rate For Calcs
0.00
-76.19%
0.00
+175.20%
0.00
+4480.37%
0.00
Tax Effect Of Unusual Items
-0.04
+72.83%
-0.16
+12.54%
-0.18
-3418.51%
-0.01
Net Income Including Noncontrolling Interests
52.18
+283.94%
-28.37
-71.44%
-16.55
+25.38%
-22.18
Net Income From Continuing Operation Net Minority Interest
52.18
+283.94%
-28.37
-71.44%
-16.55
+25.38%
-22.18
Net Income From Continuing And Discontinued Operation
52.18
+283.94%
-28.37
-71.44%
-16.55
+25.38%
-22.18
Net Income Continuous Operations
52.18
+283.94%
-28.37
-71.44%
-16.55
+25.38%
-22.18
Minority Interests
—
—
—
0.00
Normalized Income
53.01
+290.93%
-27.76
-93.84%
-14.32
+24.80%
-19.05
Net Income Common Stockholders
52.18
+283.94%
-28.37
-71.44%
-16.55
+25.38%
-22.18
Diluted EPS
0.29
+261.11%
-0.18
-63.64%
-0.11
+56.00%
-0.25
Basic EPS
0.31
+272.22%
-0.18
-63.64%
-0.11
+56.00%
-0.25
Basic Average Shares
167.50
+8.00%
155.09
+5.40%
147.15
+66.46%
88.40
Diluted Average Shares
181.16
+16.81%
155.09
+5.40%
147.15
+66.46%
88.40
Diluted NI Availto Com Stockholders
52.18
+283.94%
-28.37
-71.44%
-16.55
+25.38%
-22.18
Line Item Trend 2025-04-30 2024-04-30 2023-04-30 2022-04-30
Total Assets
809.26
+34.44%
601.93
+51.51%
397.29
+5.75%
375.69
Current Assets
713.53
+34.56%
530.26
+61.55%
328.23
-1.19%
332.18
Cash Cash Equivalents And Short Term Investments
431.34
+5.20%
410.00
+88.24%
217.81
-16.01%
259.32
Cash And Cash Equivalents
236.33
+253.03%
66.94
-38.35%
108.58
-58.13%
259.32
Other Short Term Investments
195.01
-43.16%
343.06
+214.08%
109.23
0.00
Receivables
162.14
+171.77%
59.66
+1.15%
58.99
+48.97%
39.59
Accounts Receivable
162.14
+171.77%
59.66
+20.43%
49.54
+67.80%
29.52
Other Receivables
—
21.56
+128.29%
9.45
-6.22%
10.07
Inventory
90.03
+247.51%
25.91
-43.71%
46.02
+68.35%
27.34
Raw Materials
12.73
+35.25%
9.41
-46.06%
17.46
+50.35%
11.61
Work In Process
24.58
+229.09%
7.47
+3.75%
7.20
-30.45%
10.35
Finished Goods
52.71
+484.26%
9.02
-57.78%
21.37
+297.53%
5.38
Prepaid Assets
2.20
-93.66%
34.69
—
4.67
Other Current Assets
27.82
+111.89%
13.13
+142.63%
5.41
-8.63%
5.92
Total Non Current Assets
95.72
+33.57%
71.67
+3.78%
69.06
+58.71%
43.51
Net PPE
78.86
+38.99%
56.74
+3.01%
55.08
+41.97%
38.80
Gross PPE
123.07
+43.99%
85.47
+16.92%
73.10
+50.30%
48.63
Accumulated Depreciation
-44.20
-53.86%
-28.73
-59.45%
-18.02
-83.17%
-9.84
Properties
0.00
0.00
0.00
0.00
Machinery Furniture Equipment
27.90
+52.71%
18.27
+31.05%
13.94
+703.11%
1.74
Construction In Progress
9.69
+167.89%
3.62
-42.60%
6.30
+114.87%
2.93
Other Properties
82.26
+34.72%
61.06
+20.07%
50.85
+19.65%
42.50
Leases
3.22
+27.60%
2.52
+25.94%
2.00
+36.86%
1.47
Non Current Accounts Receivable
—
—
—
0.98
Non Current Prepaid Assets
5.90
-28.05%
8.20
+58.30%
5.18
0.00
Other Non Current Assets
10.96
-26.58%
14.93
+6.80%
13.97
+196.46%
4.71
Total Liabilities Net Minority Interest
127.67
+106.81%
61.73
+24.33%
49.65
+19.57%
41.53
Current Liabilities
107.71
+141.40%
44.62
+43.79%
31.03
+17.12%
26.50
Payables And Accrued Expenses
86.94
+200.04%
28.98
+61.96%
17.89
-1.54%
18.17
Payables
64.58
+233.44%
19.37
+87.37%
10.34
+5.48%
9.80
Accounts Payable
56.16
+318.56%
13.42
+121.15%
6.07
-28.51%
8.49
Other Payable
8.42
+41.51%
5.95
+39.38%
4.27
—
Current Accrued Expenses
22.37
+132.74%
9.61
+27.20%
7.55
-9.76%
8.37
Pensionand Other Post Retirement Benefit Plans Current
16.10
+78.86%
9.00
+39.08%
6.47
+37.30%
4.71
Total Tax Payable
—
—
0.96
-26.83%
1.31
Income Tax Payable
—
—
0.96
-26.83%
1.31
Current Debt And Capital Lease Obligation
3.34
+21.93%
2.74
+4.22%
2.63
+10.55%
2.38
Current Capital Lease Obligation
3.34
+21.93%
2.74
+4.22%
2.63
+10.55%
2.38
Current Deferred Liabilities
—
3.90
-3.42%
4.04
+227.39%
1.23
Current Deferred Revenue
—
3.90
-3.42%
4.04
+227.39%
1.23
Other Current Liabilities
1.33
-65.97%
3.90
—
—
Total Non Current Liabilities Net Minority Interest
19.96
+16.65%
17.11
-8.10%
18.62
+23.91%
15.03
Long Term Debt And Capital Lease Obligation
12.69
+14.01%
11.13
-13.49%
12.87
-13.10%
14.81
Long Term Capital Lease Obligation
12.69
+14.01%
11.13
-13.49%
12.87
-13.10%
14.81
Tradeand Other Payables Non Current
5.76
+16.40%
4.95
-1.96%
5.05
0.00
Non Current Deferred Liabilities
—
0.13
-66.32%
0.38
0.00
Non Current Deferred Revenue
—
0.13
-66.32%
0.38
0.00
Other Non Current Liabilities
1.51
+46.36%
1.03
+218.21%
0.32
+47.27%
0.22
Preferred Securities Outside Stock Equity
—
—
0.00
0.00
Stockholders Equity
681.58
+26.17%
540.20
+55.39%
347.63
+4.03%
334.16
Common Stock Equity
681.58
+26.17%
540.20
+55.39%
347.63
+4.03%
334.16
Capital Stock
0.01
+0.00%
0.01
+14.29%
0.01
+0.00%
0.01
Common Stock
0.01
+0.00%
0.01
+14.29%
0.01
+0.00%
0.01
Share Issued
171.17
+4.18%
164.31
+10.53%
148.65
+2.69%
144.75
Ordinary Shares Number
171.17
+4.18%
164.31
+10.53%
148.65
+2.69%
144.75
Additional Paid In Capital
765.17
+13.18%
676.05
+48.65%
454.80
+7.12%
424.56
Retained Earnings
-83.16
+38.56%
-135.34
-26.52%
-106.98
-18.30%
-90.43
Gains Losses Not Affecting Retained Earnings
-0.44
+15.80%
-0.52
-171.73%
-0.19
-930.43%
0.02
Other Equity Adjustments
-0.44
+15.80%
-0.52
-171.73%
-0.19
-930.43%
0.02
Total Equity Gross Minority Interest
681.58
+26.17%
540.20
+55.39%
347.63
+4.03%
334.16
Total Capitalization
681.58
+26.17%
540.20
+55.39%
347.63
+4.03%
334.16
Working Capital
605.82
+24.75%
485.64
+63.41%
297.20
-2.77%
305.68
Invested Capital
681.58
+26.17%
540.20
+55.39%
347.63
+4.03%
334.16
Total Debt
16.04
+15.58%
13.87
-10.48%
15.50
-9.83%
17.19
Capital Lease Obligations
16.04
+15.58%
13.87
-10.48%
15.50
-9.83%
17.19
Net Tangible Assets
681.58
+26.17%
540.20
+55.39%
347.63
+4.03%
334.16
Tangible Book Value
681.58
+26.17%
540.20
+55.39%
347.63
+4.03%
334.16
Line Item Trend 2025-04-30 2024-04-30 2023-04-30 2022-04-30
Operating Cash Flow
65.08
+98.81%
32.74
+233.00%
-24.61
+20.16%
-30.83
Cash Flow From Continuing Operating Activities
65.08
+98.81%
32.74
+233.00%
-24.61
+20.16%
-30.83
Net Income From Continuing Operations
52.18
+283.94%
-28.37
-71.44%
-16.55
+25.38%
-22.18
Depreciation Amortization Depletion
21.94
+59.31%
13.77
+44.74%
9.51
+98.50%
4.79
Depreciation And Amortization
21.94
+59.31%
13.77
+44.74%
9.51
+98.50%
4.79
Stock Based Compensation
77.36
+98.23%
39.02
+65.94%
23.52
+155.94%
9.19
Asset Impairment Charge
8.82
+72.40%
5.12
-36.80%
8.10
+27.94%
6.33
Operating Gains Losses
13.19
+235.95%
3.92
+221.72%
1.22
+90.63%
0.64
Gain Loss On Investment Securities
13.19
+235.95%
3.92
+221.72%
1.22
+90.63%
0.64
Change In Working Capital
-108.40
-14729.55%
-0.73
+98.55%
-50.42
-70.29%
-29.61
Change In Receivables
-102.48
-912.57%
-10.12
+49.44%
-20.02
+2.60%
-20.55
Changes In Account Receivables
-102.48
-912.57%
-10.12
+49.44%
-20.02
-26.06%
-15.88
Change In Inventory
-70.47
-547.09%
15.76
+164.65%
-24.38
-12.46%
-21.68
Change In Prepaid Assets
—
-7.72
-1607.62%
0.51
-81.77%
2.81
Change In Payables And Accrued Expense
57.86
+309.85%
14.12
+8604.82%
-0.17
-101.16%
14.35
Change In Accrued Expense
15.93
+199.94%
5.31
+44.47%
3.68
-61.70%
9.60
Change In Payable
41.93
+376.15%
8.81
+329.14%
-3.84
-180.94%
4.75
Change In Account Payable
41.93
+376.15%
8.81
+329.14%
-3.84
-180.94%
4.75
Change In Other Working Capital
—
-0.39
-112.27%
3.19
+210.55%
-2.88
Change In Other Current Assets
6.68
+132.63%
-20.49
-249.90%
-5.86
-254.05%
-1.65
Investing Cash Flow
111.99
+144.89%
-249.49
-90.53%
-130.94
-644.83%
-17.58
Cash Flow From Continuing Investing Activities
111.99
+144.89%
-249.49
-90.53%
-130.94
-644.83%
-17.58
Net PPE Purchase And Sale
-36.06
-130.39%
-15.65
+27.91%
-21.71
-23.51%
-17.58
Purchase Of PPE
-36.06
-130.39%
-15.65
+27.91%
-21.71
-23.51%
-17.58
Capital Expenditure
-36.06
-130.39%
-15.65
+27.91%
-21.71
-23.51%
-17.58
Net Investment Purchase And Sale
148.05
+163.31%
-233.83
-114.08%
-109.23
0.00
Purchase Of Investment
-258.73
+35.89%
-403.59
-153.46%
-159.23
0.00
Sale Of Investment
406.78
+139.63%
169.75
+239.51%
50.00
0.00
Financing Cash Flow
-7.73
-104.41%
175.28
+3488.05%
4.88
-97.61%
204.18
Cash Flow From Continuing Financing Activities
-7.73
-104.41%
175.28
+3488.05%
4.88
-97.61%
204.18
Net Common Stock Issuance
0.00
-100.00%
173.43
0.00
-100.00%
194.21
Common Stock Payments
—
—
0.00
0.00
Repurchase Of Capital Stock
—
—
0.00
0.00
Proceeds From Stock Option Exercised
7.83
+11.00%
7.05
+28.25%
5.50
+101.43%
2.73
Net Other Financing Charges
-15.56
-198.64%
-5.21
-745.78%
-0.62
—
Changes In Cash
169.34
+508.34%
-41.47
+72.48%
-150.67
-196.73%
155.77
Effect Of Exchange Rate Changes
0.04
+124.26%
-0.17
-148.53%
-0.07
+66.67%
-0.20
Beginning Cash Position
66.94
-38.35%
108.58
-58.13%
259.32
+149.93%
103.76
End Cash Position
236.33
+253.03%
66.94
-38.35%
108.58
-58.13%
259.32
Free Cash Flow
29.02
+69.87%
17.09
+136.88%
-46.33
+4.30%
-48.41
Income Tax Paid Supplemental Data
1.45
+37.29%
1.05
-12.46%
1.20
+181.97%
0.43
Common Stock Issuance
0.00
-100.00%
173.43
0.00
-100.00%
194.21
Issuance Of Capital Stock
0.00
-100.00%
173.43
0.00
-100.00%
201.45
Net Preferred Stock Issuance
—
0.00
0.00
-100.00%
7.25
Preferred Stock Issuance
—
0.00
0.00
-100.00%
7.25
SEC Filings

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

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