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CRDO
Credo Technology Group Holding Ltd
$147.29
-15.48
(-9.51%)
| Exchange: | NASDAQ |
| Market Cap: | 27.683B |
| Shares Outstanding: | 139.947M |
Delayed data
About The Company
| Sector: | TechnologyView sector performance | |||||
| Industry: | SemiconductorsView industry performance | |||||
| CEO: | William J. Brennan | |||||
| Full Time Employees: | 807 | |||||
| Address: |
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| Website: | https://credosemi.com |
Credo Technology Group Holding Ltd (CRDO) specializes in delivering advanced high-speed connectivity solutions for both optical and electrical Ethernet applications. Its operational reach extends globally, encompassing the United States, Mexico, Mainland China, Hong Kong, and various other international regions. The company’s product offerings include integrated circuits (ICs), active electrical cables (AECs), and SerDes chiplets, all developed utilizing its proprietary serializer/deserializer (SerDes) and digital signal processor (DSP) technologies. Beyond hardware, Credo also provides intellectual property (IP) solutions, particularly focusing on SerDes IP licensing. Established in 2008, the firm’s corporate headquarters are situated in San Jose, California.
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Revenue Segmentation
CRDO full analysis
Hey everyone, welcome back to MarketSnap. Let's start with the big picture. Credo Technology is one of those names that's gone from relative obscurity to the center of the AI infrastructure conversation in record time. The company specializes in high-speed connectivity solutions — think of them as the plumbing that makes AI data centers actually work. They do both optical and electrical Ethernet solutions, with a heavy focus on their SerDes IP licensing. In plain English, when hyperscalers like the…
Industry Peers
| TICKER | COMPANY | MKT CAP | P/E | FWD P/E | ROIC |
|---|---|---|---|---|---|
| CRDO | Credo Technology Group Holding Ltd | 27.7B | 49.9 | 44.5 | 17.9% |
 ON | ON Semiconductor Corporation | 28.1B | 45.7 | 22.6 | 5.2% |
 CBRS | Cerebras Systems Inc. | 25.1B | — | — | -5.1% |
 GFS | GLOBALFOUNDRIES Inc. | 24.4B | 34.4 | 22.9 | 4.5% |
 Q | Qnity Electronics, Inc. | 23.0B | 39.2 | 24.0 | 6.1% |
 MCHPP | Microchip Technology Incorporated | 34.7B | — | — | — |
EPS
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Earnings Call
AI summary
Key takeaways
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Login — it's freeIncome Statement
| Year | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 192,970 | 436,775 | 1,335,116 |
| Gross Profit | 119,431 | 282,909 | 908,349 |
| EBITDA | -22,522 | 76,808 | 510,072 |
| Operating Income | -37,058 | 37,997 | 445,005 |
| Net Income | -28,369 | 52,183 | 472,279 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2024 | 2025 | 2026 |
|---|---|---|---|
| Total Assets | 601,932 | 809,257 | 2,295,619 |
| Total Liabilities | 61,734 | 127,675 | 232,007 |
| Total Stockholders Equity | 540,198 | 681,582 | 2,063,612 |
| Total Debt | 13,874 | 16,035 | 20,617 |
| Cash and Cash Equivalents | 66,942 | 236,328 | 1,164,952 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2024 | 2025 | 2026 |
|---|---|---|---|
| Operating Cash Flow | 32,737 | 65,083 | 464,292 |
| Capital Expenditure | -15,652 | -36,061 | -57,296 |
| Free Cash Flow | 17,085 | 29,022 | 406,996 |
| Net Income | -28,369 | 52,183 | 472,279 |
| Net Change in Cash | -41,641 | 169,386 | 928,624 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2031 | Research Access | Research Access | Research Access | Research Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 5,852,570.415 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (High) | 6,748,780.028 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (Avg) | 6,249,500 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Low) | 3,284,287.479 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (High) | 3,881,731.084 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Avg) | 3,548,894.018 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Low) | 2,322,681.247 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (High) | 2,794,661.695 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Avg) | 2,531,720.413 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Low) | 1,481,756.655 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (High) | 1,708,659.445 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Avg) | 1,582,251.482 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Avg) | 13.450 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (High) | 14.850 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Low) | 12.340 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated Revenue) | 4 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated EPS) | 2 | Research Access | Research Access | Research Access | Research Access |
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Current Key Metrics
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Login — it's freeSWOT Analysis
Strengths (preview)
- Record revenue of $135 million achieved in Q3 fiscal 2025, reflecting strong top-line execution in the high-speed connectivity market.
- Demonstrated strategic emphasis on innovation and customer diversification, supporting sustained operational momentum as highlighted in the earnings call.
- Favorable positioning within the industry, with revenue growth tied to product and geographic segments that align with sector performance trends.
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At what price to buy it? -
Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MarketSnap estimates CRDO intrinsic value between $166.22 – $193.49 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
Common questions about CRDO valuation
Is Credo Technology Group Holding Ltd (CRDO) overvalued or undervalued right now?
MarketSnap estimates intrinsic value for Credo Technology Group Holding Ltd (CRDO) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is CRDO a buy, hold, or sell for long-term investors?
MarketSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether CRDO trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is CRDO’s P/E ratio?
You can see CRDO’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for CRDO?
MarketSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MarketSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is CRDO a good long-term investment?
Whether CRDO fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MarketSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
CRDO
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Daily snapshot
-9.51
Trading Metrics:
| Open: | 150.44 | Previous Close: | 162.77 | |
| Day Low: | 142.89 | Day High: | 155.7 | |
| Year Low: | 86.49 | Year High: | 308.67 | |
| Price Avg 50: | 199.7 | Price Avg 200: | 180.83 | |
| Volume: | 12.608M | Average Volume: | 7.674M |
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