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Credo Technology Group (CRDO) Stock Price, News & Analysis

Credo Technology Group logo
$175.89 +7.64 (+4.54%)
Closing price 09/18/2026 04:00 PM Eastern
Extended Trading
$175.95 +0.06 (+0.03%)
As of 09/18/2026 08:00 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Credo Technology Group Stock (NASDAQ:CRDO)

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Key Stats

Today's Range
$170.19
$175.98
50-Day Range
$150.09
$282.82
52-Week Range
$86.49
$308.67
Volume
13.32 million shs
Average Volume
7.67 million shs
Market Capitalization
$33.06 billion
P/E Ratio
62.59
Dividend Yield
N/A
Price Target
$267.39
Consensus Rating
Moderate Buy

Company Overview

Credo Technology Group Holding Ltd. develops high-speed connectivity solutions for the data infrastructure market. Its products are designed to help move data efficiently within and between networking, storage and computing systems, with applications in artificial intelligence, cloud computing, telecommunications and enterprise data centers.

The company’s portfolio includes serializer/deserializer (SerDes) integrated circuits, retimers, optical digital signal processors and active electrical cables. Credo also offers connectivity solutions that support the transmission of high-bandwidth signals across servers, switches and other networking equipment, helping customers address signal integrity, power consumption and data-transfer requirements.

Credo was founded in 2008 and is headquartered in San Jose, California. The company serves customers and infrastructure operators globally, with its solutions sold into data center, communications and high-performance computing markets. Credo became a publicly traded company on the Nasdaq under the symbol CRDO in 2022.

AI Generated. May Contain Errors.

Credo Technology Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
99th Percentile Overall Score

CRDO MarketRank™: 

Credo Technology Group scored higher than 99% of companies evaluated by MarketBeat, and ranked 24th out of 598 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Credo Technology Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.89, and is based on 1 strong buy rating, 14 buy ratings, 3 hold ratings, and no sell ratings.

  • Upside Potential

    Credo Technology Group has a consensus price target of $267.39, representing about 52.0% upside from its current price of $175.89.

  • Amount of Analyst Coverage

    Credo Technology Group has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Credo Technology Group's stock forecast and price target.
  • Earnings Growth

    Earnings for Credo Technology Group are expected to grow by 64.74% in the coming year, from $5.02 to $8.27 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Credo Technology Group is 62.59, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 38.90.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Credo Technology Group is 62.59, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 77.00.

  • Price to Earnings Growth Ratio

    Credo Technology Group has a PEG Ratio of 0.67. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Credo Technology Group has a P/B Ratio of 12.11. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Credo Technology Group's valuation and earnings.
  • Percentage of Shares Shorted

    3.90% of the float of Credo Technology Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Credo Technology Group has a short interest ratio ("days to cover") of 1.64, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Credo Technology Group has recently increased by 8.95%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Credo Technology Group does not currently pay a dividend.

  • Dividend Growth

    Credo Technology Group does not have a long track record of dividend growth.

  • News Sentiment

    Credo Technology Group has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 34 news articles for Credo Technology Group this week, compared to 11 articles on an average week.
  • Search Interest

    216 people have searched for CRDO on MarketBeat in the last 30 days. This is an increase of 91% compared to the previous 30 days.
  • MarketBeat Follows

    116 people have added Credo Technology Group to their MarketBeat watchlist in the last 30 days. This is an increase of 90% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Credo Technology Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $67,575,984.00 in company stock.

  • Percentage Held by Insiders

    9.06% of the stock of Credo Technology Group is held by insiders.

  • Percentage Held by Institutions

    80.46% of the stock of Credo Technology Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Credo Technology Group's insider trading history.
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CRDO Stock News Headlines

Credo vs. NVIDIA After Earnings: Which AI Stock Should You Buy Now?
Credo (CRDO) Stock May Stay Reasonable On Fresh AI Optics News
The cat is out the bag
Almost 80,000 tech jobs vanished in the first three months of 2026. Meta cut 14,000 roles, Microsoft offered separation packages to 8,500 workers, and Oracle is reportedly eliminating up to 30,000 positions. Goldman Sachs estimates 12,400 Americans are being financially displaced every single day. Analyst Porter Stansberry says the real driver runs deeper than AI - and two Nobel Prize winners have issued the same warning. He calls it the Final Displacement, and he's releasing a full investigation with specific companies to buy and sell before the next wave hits.tc pixel
Credo Technology Group (NASDAQ:CRDO) CEO Sells 16,672 Shares
NVIDIA logo illuminated on a wall in a server data center, with a graphics card in the foreground.
AI Panic Hit Tech Stocks—But NVIDIA’s Growth Engine Is Intact (CRDO)
Despite AI safety concerns triggering a sector selloff, Q2 backlogs and CapEx data show infrastructure demand accelerating, with NVIDIA and AMD positioned to benefit as inference adoption grows.
Credo Technology logo displayed over a data center server room with a network cable and transceiver module.
Credo Technology Just Plunged 20%—Did the Market Overreact?
Credo Technologies stock fell 20% despite a Q1 FY2027 revenue and EPS beat and raised guidance, as analysts cite margin compression but maintain a bullish Moderate Buy consensus.
See More Headlines

CRDO Stock Analysis - Frequently Asked Questions

Credo Technology Group's stock was trading at $143.89 at the start of the year. Since then, CRDO stock has increased by 22.2% and is now trading at $175.89.

Credo Technology Group Holding Ltd. (NASDAQ:CRDO) released its quarterly earnings results on Tuesday, September, 1st. The company reported $1.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.17 by $0.03. Credo Technology Group's quarterly revenue was up 114.7% compared to the same quarter last year.
Read the conference call transcript
.

Credo Technology Group (CRDO) raised $220 million in an initial public offering (IPO) on Wednesday, January 26th 2022. The company issued 20,000,000 shares at a price of $10.00-$12.00 per share.

Top institutional investors of Credo Technology Group include Bank of America Corp DE (1.17%), Wellington Management Group LLP (0.72%), Atreides Management LP (0.61%) and Amundi (0.38%). Insiders that own company stock include Pantas Sutardja, Yat Tung Lam, William Joseph Brennan, William Joseph Brennan, Daniel W Fleming, Lip Bu Tan, Adam Thorngate-Gottlund, James Laufman, Chi Fung Cheng, Manpreet Khaira, Sylvia Acevedo and Fariba Danesh.
View institutional ownership trends
.

Shares of CRDO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Credo Technology Group investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Palo Alto Networks (PANW), Netflix (NFLX) and Adobe (ADBE).

Company Calendar

Last Earnings
9/01/2026
Today
9/19/2026
Next Earnings (Estimated)
12/02/2026
Fiscal Year End
4/30/2027

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Semiconductors & Semiconductor Equipment
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:CRDO
CIK
1807794
Fax
N/A
Employees
807
Year Founded
2008

Price Target and Rating

High Price Target
$350.00
Low Price Target
$200.00
Potential Upside/Downside
+52.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.89
Research Coverage
18 Analysts

Profitability

EPS (Trailing Twelve Months)
$2.81
Trailing P/E Ratio
62.59
Forward P/E Ratio
35.04
P/E Growth
0.67
Net Income
$472.28 million
Net Margins
33.83%
Pretax Margin
33.91%
Return on Equity
28.77%
Return on Assets
25.93%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
7.40
Quick Ratio
5.82

Sales & Book Value

Annual Sales
$1.34 billion
Price / Sales
24.76
Cash Flow
$2.94 per share
Price / Cash Flow
59.88
Book Value
$14.52 per share
Price / Book
12.11

Miscellaneous

Outstanding Shares
187,950,000
Free Float
170,924,000
Market Cap
$33.06 billion
Optionable
Optionable
Beta
3.22

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This page (NASDAQ:CRDO) was last updated on 9/19/2026 by MarketBeat.com Staff.
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