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

Credo Technology Group logo
$249.12 -0.77 (-0.31%)
As of 11:39 AM Eastern
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About Credo Technology Group Stock (NASDAQ:CRDO)

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Key Stats

Today's Range
$246.97
$264.50
50-Day Range
$177.51
$302.52
52-Week Range
$86.49
$308.67
Volume
1.67 million shs
Average Volume
7.49 million shs
Market Capitalization
$46.46 billion
P/E Ratio
100.42
Dividend Yield
N/A
Price Target
$266.17
Consensus Rating
Moderate Buy

Company Overview

Credo Technology Group, Inc. (NASDAQ: CRDO) is a fabless semiconductor company that develops high‑speed connectivity solutions for cloud, enterprise and telecommunications infrastructure. The company focuses on semiconductors and related IP that enable reliable, low‑latency movement of large volumes of data between servers, switches and optical modules in data centers and network equipment.

Credo’s product portfolio centers on high‑speed analog and mixed‑signal devices designed to preserve signal integrity and extend reach over copper and optical links. Its offerings are used inside optical transceivers, switches, routers and other networking equipment to manage channel equalization, clocking, serialization/deserialization and protocol bridging. The company combines silicon design with software and reference architectures to help customers integrate its devices into interoperable systems.

Customers for Credo’s products include cloud service providers, hyperscalers, original equipment manufacturers (OEMs) of networking hardware and optical module suppliers. The company operates with a fabless model, partnering with foundries, test houses and supply‑chain partners to manufacture and deliver components to global markets. Its technology is positioned to address ongoing industry demands for higher bandwidth, improved power efficiency and scalable link performance.

Credo is a publicly traded company on the NASDAQ exchange under the ticker CRDO and concentrates its resources on research and development, customer engagements and ecosystem partnerships to support next‑generation data center and carrier networking deployments.

AI Generated. May Contain Errors.

Credo Technology Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
69th Percentile Overall Score

CRDO MarketRank™: 

Credo Technology Group scored higher than 69% of companies evaluated by MarketBeat, and ranked 244th out of 595 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, 15 buy ratings, 3 hold ratings, and no sell ratings.

  • Upside/Downside

    The consensus price target for Credo Technology Group is close to its current price, suggesting limited near-term upside or downside.

  • Amount of Analyst Coverage

    Credo Technology Group has been the subject of 15 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 50.62% in the coming year, from $4.84 to $7.29 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Credo Technology Group is 101.93, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 39.56.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Credo Technology Group is 101.93, which means that it is trading at a more expensive P/E ratio than the Technology sector average P/E ratio of about 75.97.

  • Price to Earnings Growth Ratio

    Credo Technology Group has a PEG Ratio of 1.14. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Credo Technology Group has a P/B Ratio of 22.63. 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

    3.65% 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 0.93, 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 12.60%, 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 0.74. 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 0.63 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

    Only 104 people have searched for CRDO on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.
  • MarketBeat Follows

    122 people have added Credo Technology Group to their MarketBeat watchlist in the last 30 days. This is an increase of 114% 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 $101,043,506.00 in company stock.

  • Percentage Held by Insiders

    11.84% of the stock of Credo Technology Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • 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

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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 shares have increased by 76.0% and is now trading at $253.19.

Credo Technology Group Holding Ltd. (NASDAQ:CRDO) posted its quarterly earnings data on Monday, June, 1st. The company reported $1.16 EPS for the quarter, beating analysts' consensus estimates of $1.02 by $0.14. The company's quarterly revenue was up 157.0% compared to the same quarter last year.
Read the conference call transcript
.

Credo Technology Group (CRDO) raised $220 million in an IPO 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 Handelsbanken Fonder AB (0.07%), Trilogy Capital Inc. (0.02%), Steadtrust LLC (0.01%) and GK Wealth Management LLC (0.01%). Insiders that own company stock include Pantas Sutardja, Chi Fung Cheng, Yat Tung Lam, Daniel W Fleming, Lip Bu Tan, William Joseph Brennan, William Joseph Brennan, 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
6/01/2026
Today
8/10/2026
Next Earnings (Estimated)
9/02/2026
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
380
Year Founded
2008

Price Target and Rating

High Price Target
$350.00
Low Price Target
$200.00
Potential Upside/Downside
+6.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.89
Research Coverage
19 Analysts

Profitability

EPS (Trailing Twelve Months)
$2.48
Trailing P/E Ratio
100.54
Forward P/E Ratio
51.51
P/E Growth
1.14
Net Income
$472.28 million
Net Margins
35.37%
Pretax Margin
35.61%
Return on Equity
32.30%
Return on Assets
28.88%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
10.15
Quick Ratio
8.88

Sales & Book Value

Annual Sales
$1.34 billion
Price / Sales
34.82
Cash Flow
$2.80 per share
Price / Cash Flow
88.94
Book Value
$11.19 per share
Price / Book
22.28

Miscellaneous

Outstanding Shares
186,478,000
Free Float
164,399,000
Market Cap
$46.49 billion
Optionable
Optionable
Beta
3.23

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This page (NASDAQ:CRDO) was last updated on 8/10/2026 by MarketBeat.com Staff.
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