CRDO Stock Overview
Provides various high-speed connectivity Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 5/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Community vs My Fair Value
Create NarrativeSelect a narrative for quick price alerts from the community, or create your own.
My Notes
Capture your thoughts, links and company narrative
Credo Technology Group Holding Ltd Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$39.45 |
| 52 Week High | US$86.69 |
| 52 Week Low | US$16.82 |
| Beta | 2.16 |
| 1 Month Change | -48.95% |
| 3 Month Change | -40.46% |
| 1 Year Change | 92.82% |
| 3 Year Change | 188.59% |
| 5 Year Change | n/a |
| Change since IPO | 238.63% |
Recent News & Updates
Credo: Deep Selloff Triggers New Buying Opportunity - Upgrade To Buy
Mar 08What You Can Learn From Credo Technology Group Holding Ltd's (NASDAQ:CRDO) P/S After Its 45% Share Price Crash
Mar 07
Recent updates
Credo: Deep Selloff Triggers New Buying Opportunity - Upgrade To Buy
Mar 08What You Can Learn From Credo Technology Group Holding Ltd's (NASDAQ:CRDO) P/S After Its 45% Share Price Crash
Mar 07Credo Technology: I'd Be Greedy Before The Earnings Release
Mar 02Credo Technology Group: One Of My Top Inflection Stocks, Path To $105
Feb 05Credo: Risky Consumer Concentration And Expensive Valuations, Minimal Margin Of Safety
Jan 25Credo: Revenue Guidance Beats May Be Fully Priced In
Jan 17Credo Technology: Riding The AI Tailwind Into 2025
Jan 04Credo's Huge AI Growth Runway Is Confirmed By An Industry Bellwether
Dec 15Analysts Just Shipped A Meaningful Upgrade To Their Credo Technology Group Holding Ltd (NASDAQ:CRDO) Estimates
Dec 08Investors Appear Satisfied With Credo Technology Group Holding Ltd's (NASDAQ:CRDO) Prospects As Shares Rocket 75%
Dec 04Credo Technology Q2: Infection Point Has Arrived
Dec 03Credo Technology: Q2 Earnings Could Be Impressive, But The Stock Has Already Run Up
Nov 20After Leaping 34% Credo Technology Group Holding Ltd (NASDAQ:CRDO) Shares Are Not Flying Under The Radar
Oct 15Credo Technology: Share Price Sell-Off Presents An Attractive Entry Point
Sep 18Credo Technology Group Holding Ltd's (NASDAQ:CRDO) 36% Jump Shows Its Popularity With Investors
Aug 30Credo Technology: AI Revenue Doubling In FY25; Initiate With 'Buy'
Aug 14Revenues Tell The Story For Credo Technology Group Holding Ltd (NASDAQ:CRDO) As Its Stock Soars 55%
Jun 19Analysts Are Updating Their Credo Technology Group Holding Ltd (NASDAQ:CRDO) Estimates After Its Full-Year Results
Jun 01Credo Technology Group Holding Ltd (NASDAQ:CRDO) Not Lagging Industry On Growth Or Pricing
Apr 30Credo Technology: Positive On Growth Acceleration And Customer Base Diversification
Apr 10Credo Technology: Comparative Metrics Vs. Main Competitors Broadcom And Marvell
Mar 08Shareholder Returns
| CRDO | US Semiconductor | US Market | |
|---|---|---|---|
| 7D | -21.8% | 0.08% | -1.7% |
| 1Y | 92.8% | 11.6% | 12.1% |
Return vs Industry: CRDO exceeded the US Semiconductor industry which returned 11.6% over the past year.
Return vs Market: CRDO exceeded the US Market which returned 12.1% over the past year.
Price Volatility
| CRDO volatility | |
|---|---|
| CRDO Average Weekly Movement | 15.7% |
| Semiconductor Industry Average Movement | 8.3% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.2% |
| 10% least volatile stocks in US Market | 3.3% |
Stable Share Price: CRDO's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: CRDO's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2008 | 500 | Bill Brennan | credosemi.com |
Credo Technology Group Holding Ltd provides various high-speed connectivity Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally. Its products include HiWire active electrical cables, optical digital signal processors, low-power line card PHY, serializer/deserializer (SerDes) chiplets, and SerDes IP, as well as integrated circuits, active electrical cables. The company also offers intellectual property solutions consist of SerDes IP licensing.
Credo Technology Group Holding Ltd Fundamentals Summary
| CRDO fundamental statistics | |
|---|---|
| Market cap | US$7.31b |
| Earnings (TTM) | US$5.12m |
| Revenue (TTM) | US$327.53m |
1,289x
P/E Ratio20.1x
P/S RatioIs CRDO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CRDO income statement (TTM) | |
|---|---|
| Revenue | US$327.53m |
| Cost of Revenue | US$118.85m |
| Gross Profit | US$208.69m |
| Other Expenses | US$203.57m |
| Earnings | US$5.12m |
Last Reported Earnings
Feb 01, 2025
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.031 |
| Gross Margin | 63.72% |
| Net Profit Margin | 1.56% |
| Debt/Equity Ratio | 0% |
How did CRDO perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/10 00:03 |
| End of Day Share Price | 2025/03/10 00:00 |
| Earnings | 2025/02/01 |
| Annual Earnings | 2024/04/27 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Credo Technology Group Holding Ltd is covered by 16 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Janco Venter | Arete Research Services LLP |
| Brett Simpson | Arete Research Services LLP |
| Ishan Majumdar | Baptista Research |