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

Credo Technology Group logo
$192.56 +5.29 (+2.82%)
Closing price 04:00 PM Eastern
Extended Trading
$192.20 -0.36 (-0.19%)
As of 07:05 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
$183.17
$194.00
50-Day Range
$150.09
$282.82
52-Week Range
$86.49
$308.67
Volume
8.17 million shs
Average Volume
7.49 million shs
Market Capitalization
$36.19 billion
P/E Ratio
68.53
Dividend Yield
N/A
Price Target
$264.89
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
98th Percentile Overall Score

CRDO MarketRank™: 

Credo Technology Group scored higher than 98% of companies evaluated by MarketBeat, and ranked 19th out of 593 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 $264.89, representing about 37.5% upside from its current price of $192.60.

  • Amount of Analyst Coverage

    Credo Technology Group has been the subject of 9 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 68.54, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 39.14.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Credo Technology Group is 68.54, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 78.83.

  • Price to Earnings Growth Ratio

    Credo Technology Group has a PEG Ratio of 0.70. 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 17.21. 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 0.46. 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 news sentiment score is similar to the average news sentiment of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 39 news articles for Credo Technology Group this week, compared to 11 articles on an average week.
  • Search Interest

    225 people have searched for CRDO on MarketBeat in the last 30 days. This is an increase of 116% compared to the previous 30 days.
  • MarketBeat Follows

    115 people have added Credo Technology Group to their MarketBeat watchlist in the last 30 days. This is an increase of 92% 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 $72,151,434.00 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 Technology Group (NASDAQ:CRDO) CTO Sells $4,575,450.00 in Stock
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Significant Pain Still To Come For Credo Shareholders
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.
See More Headlines

CRDO Stock Analysis - Frequently Asked Questions

Credo Technology Group's stock was trading at $143.89 at the beginning of 2026. Since then, CRDO shares have increased by 33.9% and is now trading at $192.5970.

Credo Technology Group Holding Ltd. (NASDAQ:CRDO) issued its quarterly earnings results on Tuesday, September, 1st. The company reported $1.20 EPS for the quarter, topping 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 on Wednesday, January 26th 2022. The company issued 20,000,000 shares at $10.00-$12.00 per share.

Credo Technology Group's top institutional investors include State Street Corp (2.25%), Bank of America Corp DE (1.17%), Wellington Management Group LLP (0.72%) and Atreides Management LP (0.61%). Insiders that own company stock include Pantas Sutardja, Chi Fung Cheng, Yat Tung Lam, William Joseph Brennan, William Joseph Brennan, Daniel W Fleming, Lip Bu Tan, Adam Thorngate-Gottlund, James Laufman, 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
9/22/2026
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
+37.6%
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
68.53
Forward P/E Ratio
38.36
P/E Growth
0.7
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
27.11
Cash Flow
$3.08 per share
Price / Cash Flow
62.60
Book Value
$11.19 per share
Price / Book
17.21

Miscellaneous

Outstanding Shares
187,950,000
Free Float
170,924,000
Market Cap
$36.19 billion
Optionable
Optionable
Beta
3.22

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This page (NASDAQ:CRDO) was last updated on 9/22/2026 by MarketBeat.com Staff.
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