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Credo Technology Group Holding Ltd

CRDOAI Infrastructure · Networking
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Technology · Semiconductors · Cayman Islands

Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet and PCIe applications in the United States, Taiwan, Mainland China, Hong Kong, and other international markets.

Price150.09USD
1D-7.89%
Market cap28.2B
AnalystsStrong buy19
Next earnings30 Nov
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Trade ideas

  • Opinionated - ValueTop PicksStronger than peersStrong buy19Board

Analysts

ConsensusStrong buy19
Mean score1.32
Mean target281.47+87.53%
Target range185.00–350.00

Value vs sector peers

#15 of 50 in TechnologyStronger than peers66
  • Fwd P/E15.579
  • P/B10.365
  • P/E52.841
  • Rev growth+114.7%94

Not scored on Yield. The rest were reweighted to make up the difference.

Nearest in Technology

  1. #13SAP.DESAP SECheap for a reason69
  2. #14CSCOCisco Systems, Inc.Cheap for a reason67
  3. #15CRDOCredo Technology Group Holding LtdStronger than peers66
  4. #16COHRCoherent Corp.Stronger than peers64

Fundamentals

P/E52.8
Forward P/E15.5
Price / book10.33
Dividend yield
Beta3.23
52-week range86.48–308.6729/100
ADV (USD)1.43B
Relative volume2.0
10d avg volume10.9M
Revenue growth+114.70%
EPS growth+97.10%

Performance

1D-7.89%
7D-12.01%
1M-42.25%
3M-42.14%
6M+28.41%
YTD+4.31%

AI Infrastructure · Networking

The AI trade
Above 200 EMA38%
1W-3.1%
1M-15.6%

Active electrical cables and SerDes for cluster interconnect.

In the briefing and the feed

Briefing for 11 Sept
  • A broad, sharp sell-off hit AI infrastructure names across every subsector despite the group's underlying breadth still improving on the week.

    Servers, semicap, compute, dc-infrastructure, networking, memory and neocloud names all posted single-day declines of 4-6% simultaneously (HPE, CRWV, LRCX, VRT, INTC, ORCL, DELL, ALAB, NBIS, MU, CRDO, WDC), suggesting a broad de-risking event across the trade rather than a stock-specific issue, even though several of these same names carry bullish fundamental news (Oracle backlog, Dell orders).

    Compute · Semiconductor equipment · Memory · Networking · Servers · Data-centre infrastructure · Hyperscalers · Neoclouds· HPE, CRWV, LRCX, VRT, INTC, ORCL, DELL, ALAB, NBIS, MU, CRDO, WDC

Catalysts

Next earnings: 30 Nov

  • 12–15 OctconferenceOCP Global Summit (San Jose)Hyperscalers and their vendors show next-generation rack, power and cooling designs — the clearest read on where the AI build-out's spend goes next.Servers · Networking · Data-centre infrastructure · Power · Hyperscalers

Trade idea history

  • 2 SeptLong165.227D+1.63%2Wpending1Mpending

Get it by email

The board CRDO sits on, in one five-minute email every weekday before the New York open and on Saturdays: market strength, the biggest movers, earnings coming up and the names sitting at their 200-day EMA.