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

Company Overview

Credo Technology Group designs and supplies high-speed connectivity solutions for data infrastructure, including data centers and networking systems. Its products help move data between processors, servers, switches and other equipment used in demanding, high-bandwidth environments.

The company’s offerings include active electrical cables, semiconductor and optical digital signal processing products, retimers, and other connectivity components. These solutions are used in applications such as cloud computing and artificial intelligence infrastructure.

Credo is headquartered in San Jose, California, and serves customers in the global data infrastructure market. The company is led by co-founder and Chief Executive Officer William Brennan.

Key Stats

• Today's Range: $114.73 to $125.80
• 50-Day Range: $112.33 to $240.24
• 52-Week Range: $86.49 to $308.67
• Volume: 9.64 million shs
• Average Volume: 7.69 million shs
• Market Capitalization: $22.65 billion
• P/E Ratio: 42.89
• Dividend Yield: N/A
• Price Target: $262.67
• Consensus Rating: Moderate Buy

Credo Technology Group Stock Analysis - MarketRank™

Credo Technology Group scored higher than 99% of companies evaluated by MarketBeat, and ranked 31st out of 584 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.4 / 5
• Analyst Rating: Moderate Buy

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 $262.67, representing about 118.0% upside from its current price of $120.51.

Amount of Analyst Coverage

Credo Technology Group has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 65.34%

Earnings Growth

Earnings for Credo Technology Group are expected to grow by 65.34% in the coming year, from $5.02 to $8.30 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Credo Technology Group is 42.89, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 26.50.

Price to Earnings Ratio vs. Sector

The P/E ratio of Credo Technology Group is 42.89, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 42.96.

Price to Earnings Growth Ratio

Credo Technology Group has a PEG Ratio of 0.54. 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 10.77. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

5.66% 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 1.08, 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 decreased by 14.19%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

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 and Social Media

• Score: 3.5 / 5
• News Sentiment: 0.63

News Sentiment

Credo Technology Group has a news sentiment score of 0.63. 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 0.48 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 27 news articles for Credo Technology Group this week, compared to 11 articles on an average week.

Search Interest

Only 129 people have searched for CRDO on MarketBeat in the last 30 days. This is a decrease of -21% compared to the previous 30 days.

MarketBeat Follows

87 people have added Credo Technology Group to their MarketBeat watchlist in the last 30 days. This is an increase of 118% compared to the previous 30 days.

Company Ownership

• Score: 1.8 / 5
• Insider Trading: Selling Shares

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 $67,200,077.00 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.

Company Calendar

• Last Earnings: 9/01/2026
• Today: 11/06/2026
• Next Earnings (Estimated): 12/02/2026
• Fiscal Year End: 4/30/2027

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Technology
• Industry: Semiconductors & Semiconductor Equipment
• Sub-Industry: Semiconductors
• Current Symbol: NASDAQ:CRDO
• CIK: 1807794
• Web: www.credosemi.com
• Phone: 408-664-9329
• Fax: N/A
• Employees: 807
• Year Founded: 2008

Price Target and Rating

• Average Price Target for Credo Technology Group: $262.67
• High Price Target: $310.00
• Low Price Target: $200.00
• Potential Upside/Downside: +118.0%
• 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: 42.89
• Forward P/E Ratio: 14.52
• P/E Growth: 0.54
• 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: $1.59 billion
• Price / Sales: 14.24
• Cash Flow: $2.48 per share
• Price / Cash Flow: 48.58
• Book Value: $11.19 per share
• Price / Book: 10.77

Miscellaneous

• Outstanding Shares: 187,952,000
• Free Float: 170,924,000
• Market Cap: $22.65 billion
• Optionable: Optionable
• Beta: 3.29