CRDO Stock - Credo Technology Group Holding Ltd
Unlock GoAI Insights for CRDO
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $436.77M | $192.97M | $184.19M | $106.48M | $58.70M |
| Gross Profit | $282.91M | $119.43M | $106.19M | $64.02M | $38.28M |
| Gross Margin | 64.8% | 61.9% | 57.7% | 60.1% | 65.2% |
| Operating Income | $37.12M | $-37,058,000 | $-21,235,000 | $-21,968,000 | $-25,234,000 |
| Net Income | $52.18M | $-28,369,000 | $-16,547,000 | $-22,176,000 | $-27,511,000 |
| Net Margin | 11.9% | -14.7% | -9.0% | -20.8% | -46.9% |
| EPS | $0.31 | $-0.18 | $-0.11 | $-0.16 | $-0.20 |
Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Mexico, Mainland China, Hong Kong, and internationally. Its products include integrated circuits, active electrical cables, and SerDes chiplets that are based on its serializer/deserializer and digital signal processor technologies. The company also offers intellectual property solutions consist of SerDes IP licensing. The company was founded in 2008 and is headquartered in San Jose, California.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 2nd 2025 | TD Cowen | Reiterated | Buy | $240← $190 |
| October 17th 2025 | JP Morgan | Initiation | Overweight | $165 |
| October 1st 2025 | TD Cowen | Resumed | Buy | $170 |
| September 18th 2025 | William Blair | Initiation | Outperform | - |
| September 4th 2025 | TD Cowen | Reiterated | Buy | $160← $140 |
| September 4th 2025 | Needham | Reiterated | Buy | $150← $85 |
| June 18th 2025 | TD Cowen | Reiterated | Buy | $95← $85 |
| June 3rd 2025 | TD Cowen | Reiterated | Buy | $85← $50 |
| March 10th 2025 | Susquehanna | Upgrade | Positive | $60 |
| December 17th 2024 | Susquehanna | Initiation | Neutral | $80 |
| December 3rd 2024 | TD Cowen | Reiterated | Buy | $75← $45 |
| December 3rd 2024 | Needham | Reiterated | Buy | $70← $43 |
| December 3rd 2024 | BofA Securities | Upgrade | Buy | $80 |
| July 15th 2024 | TD Cowen | Reiterated | Buy | $40← $35 |
| June 25th 2024 | TD Cowen | Upgrade | Buy | $35← $24 |
Earnings History & Surprises
CRDOEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Jun 1, 2026 | — | — | — | — |
Q1 2026 | Mar 3, 2026 | $0.73 | — | — | — |
Q4 2025 | Dec 1, 2025 | $0.49 | $0.67 | +36.2% | ✓ BEAT |
Q3 2025 | Sep 3, 2025 | $0.36 | $0.52 | +43.9% | ✓ BEAT |
Q2 2025 | Jun 2, 2025 | $0.27 | $0.35 | +27.8% | ✓ BEAT |
Q1 2025 | Mar 4, 2025 | $0.18 | $0.25 | +38.9% | ✓ BEAT |
Q4 2024 | Dec 2, 2024 | $0.05 | $0.07 | +40.0% | ✓ BEAT |
Q3 2024 | Sep 4, 2024 | $0.04 | $0.04 | -2.2% | ✗ MISS |
Q2 2024 | May 29, 2024 | $0.05 | $0.07 | +35.1% | ✓ BEAT |
Q1 2024 | Feb 27, 2024 | $0.03 | $0.04 | +30.0% | ✓ BEAT |
Q4 2023 | Nov 29, 2023 | $0.00 | $0.01 | +509.8% | ✓ BEAT |
Q3 2023 | Aug 24, 2023 | $-0.03 | $-0.03 | -3.2% | ✗ MISS |
Q2 2023 | May 31, 2023 | $-0.04 | $-0.04 | -3.9% | ✗ MISS |
Q1 2023 | Mar 1, 2023 | $0.04 | $0.05 | +28.6% | ✓ BEAT |
Q4 2022 | Nov 30, 2022 | $0.03 | $0.02 | -37.0% | ✗ MISS |
Q3 2022 | Aug 31, 2022 | $0.03 | $0.03 | +4.8% | ✓ BEAT |
Q2 2022 | Jun 1, 2022 | $0.00 | $0.02 | +1685.7% | ✓ BEAT |
Q1 2022 | Mar 10, 2022 | — | $-0.00 | — | — |
Q1 2022 | Mar 9, 2022 | $0.01 | $0.03 | +331.0% | ✓ BEAT |
Q3 2021 | Jul 31, 2021 | — | $-0.09 | — | — |
Latest News
Roth Capital Maintains Buy on Credo Technology Group, Raises Price Target to $250
📈 PositiveMizuho Maintains Outperform on Credo Technology Group, Raises Price Target to $225
📈 PositiveB of A Securities Maintains Buy on Credo Technology Group, Raises Price Target to $240
📈 PositiveCredo Technology Group Holding shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 sales guidance above estimates.
📈 PositiveBarclays Maintains Overweight on Credo Technology Group, Raises Price Target to $220
📈 PositiveCredo Technology praised by Wall Street amid booming growth
📈 PositiveNeedham Maintains Buy on Credo Technology Group, Raises Price Target to $220
📈 PositiveCredo Technology soars as Q2 results, guidance blow past Wall Street's forecast
📈 PositiveCredo Technology Group Holding shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 sales guidance above estimates.
📈 PositiveCredo Technology Group Sees Q3 Sales $335.000M-$345.000M vs $247.043M Est
📈 PositiveCredo Technology Non-GAAP EPS of $0.67 beats by $0.17, revenue of $268.03M beats by $33.04M
📈 PositiveCredo Technology Group Q2 Adj. EPS $0.67 Beats $0.49 Estimate, Sales $268.027M Beat $234.917M Estimate
📈 PositiveCredo Technology Group shares are trading higher after several analysts reported they expect the company to release higher Q2 year-over-year financial results.
📈 PositiveCredo Technology shares are trading higher after the company reached a license agreement with Siemon regarding its patents covering active electrical cable technology.
📈 PositiveCredo Technology Reaches License Agreement With Siemon Regarding Credo's Patents Covering Its Active Electrical Cable Technology
📈 PositiveShares of broader chip stocks are trading lower. The sector has been under pressure amid AI valuation uncertainty and profit taking.
📉 NegativeShares of semiconductor stocks are trading lower amid continued weakness due to a broader selloff in tech and AI-related names.
📉 NegativeShares of chip stocks are trading higher amid the Supreme Court's tariff hearing.
📈 PositiveSusquehanna Maintains Positive on Credo Technology Group, Raises Price Target to $175
📈 PositiveCredo Technology shares are trading higher after JP Morgan initiated coverage on the stock with an Overweight rating and a price target of $165.
📈 PositiveFrequently Asked Questions about CRDO
What is CRDO's current stock price?
What is the analyst price target for CRDO?
What sector is Credo Technology Group Holding Ltd in?
What is CRDO's market cap?
Does CRDO pay dividends?
Similar Stocks
Technology SectorExplore stocks similar to CRDO for comparison