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 | 22.30B |
| Enterprise Value | 21.50B | Income | 211.98M | Sales | 796.13M |
| Book/sh | 7.20 | Cash/sh | 4.50 | Dividend Yield | — |
| Payout | 0.00% | Employees | 622 | IPO | — |
| P/E | 106.43 | Forward P/E | 28.05 | PEG | — |
| P/S | 28.01 | P/B | 17.14 | P/C | — |
| EV/EBITDA | 95.51 | EV/Sales | 27.01 | 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 | 5.26M |
| Target Price | $210.25 | Recom | Strong_buy | Prev Close | $120.83 |
| Price | $123.46 | Change | 2.18% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$210.25
Mean price target
2. Current target
$123.46
Latest analyst target
3. DCF / Fair value
$5.60
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$123.46
Low
$72.00
High
$260.00
Mean
$210.25
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 |
- Is Credo Technology Group Holding (CRDO) Pricing In Too Much After Its 101% One Year Surge - simplywall.st Wed, 25 Feb 2026 22
- AMD-only AI cloud TensorWave taps Credo gear to speed model training - Stock Titan Wed, 25 Feb 2026 14
- Credo Technology Stock (CRDO) Slips Despite an AI Infrastructure Collaboration with TensorWave - TipRanks Wed, 25 Feb 2026 15
- 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 2.2% Higher - Should You Buy? - MarketBeat Wed, 25 Feb 2026 22
- Credo Technology: The Market Has Given A Chance To Load Up (Earnings Preview) - Seeking Alpha Mon, 09 Feb 2026 08
- Why Did CRDO Stock Rally After Hours Today? - Stocktwits ue, 10 Feb 2026 08
- $CRDO stock is down 6% today. Here's what we see in our data. - Quiver Quantitative Wed, 11 Feb 2026 08
- Broadcom Inc. (AVGO) Reports Next Week: Wall Street Expects Earnings Growth - Finviz Wed, 25 Feb 2026 16
- Sea Limited Gears Up to Report Q4 Earnings: What's in the Offing? - Zacks Investment Research Wed, 25 Feb 2026 16
- (CRDO) as a Liquidity Pulse for Institutional Tactics - Stock Traders Daily ue, 24 Feb 2026 00
- Credo Technology Group Holding Ltd (CRDO) Draws Attention Amid Analyst Coverage and Industry Developments - Yahoo Finance Sat, 31 Jan 2026 08
- AI And Credo Technology's Copper Cables Are Breaking Up (Rating Downgrade) (NASDAQ:CRDO) - Seeking Alpha Wed, 04 Feb 2026 08
- Credo expects over 200% revenue growth for fiscal 2026 - Stock Titan Mon, 09 Feb 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 |
|---|