credo technology group holding ltd - CRDO

CRDO

Close Chg Chg %
162.77 -15.51 -9.53%

Closed Market

147.26

-15.51 (9.53%)

Volume: 12.68M

Last Updated:

Oct 23, 2026, 4:00 PM EDT

Company Overview: credo technology group holding ltd - CRDO

CRDO Key Data

Open

$150.44

Day Range

142.89 - 155.79

52 Week Range

86.49 - 308.67

Market Cap

$34.26B

Shares Outstanding

187.95M

Public Float

169.38M

Beta

3.25

Rev. Per Employee

N/A

P/E Ratio

65.05

EPS

$2.95

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

8.64M

 

CRDO Performance

1 Week
 
-13.21%
 
1 Month
 
-30.18%
 
3 Months
 
-30.90%
 
1 Year
 
-5.31%
 
5 Years
 
N/A
 

CRDO Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 22
Full Ratings ➔

About credo technology group holding ltd - CRDO

Credo Technology Group Holding Ltd. engages in the development of connectivity solutions and products for the data infrastructure market. Its products include integrated circuits, active electrical cables, and SerDes chiplets. The company was founded by Chi Fung Cheng and Yat Tung Lam on 2008 and is headquartered in George Town, Cayman Islands.

CRDO At a Glance

Credo Technology Group Holding Ltd.
Ugland House
George Town, George Town KY1-1104
Phone 1-408-664-9329 Revenue 1.34B
Industry Information Technology Services Net Income 472.28M
Sector Technology Services 2026 Sales Growth 205.676%
Fiscal Year-end 04 / 2027 Employees 807
View SEC Filings

CRDO Valuation

P/E Current 65.049
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 73.487
Price to Sales Ratio 25.995
Price to Book Ratio 16.567
Price to Cash Flow Ratio 74.75
Enterprise Value to EBITDA 69.345
Enterprise Value to Sales 24.933
Total Debt to Enterprise Value 0.001

CRDO Efficiency

Revenue/Employee 1,654,418.835
Income Per Employee 585,228.005
Receivables Turnover 5.721
Total Asset Turnover 0.86

CRDO Liquidity

Current Ratio 10.153
Quick Ratio 8.88
Cash Ratio 7.323

CRDO Profitability

Gross Margin 68.005
Operating Margin 33.331
Pretax Margin 35.61
Net Margin 35.374
Return on Assets 30.422
Return on Equity 34.408
Return on Total Capital 22.607
Return on Invested Capital 33.995

CRDO Capital Structure

Total Debt to Total Equity 1.233
Total Debt to Total Capital 1.218
Total Debt to Total Assets 1.109
Long-Term Debt to Equity 0.999
Long-Term Debt to Total Capital 0.987
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Credo Technology Group Holding Ltd - CRDO

Collapse All in section
All values USD millions. 2023 2024 2025 2026 5-year trend
Sales/Revenue
184.19M 192.97M 436.77M 1.34B
Sales Growth
+72.99% +4.76% +126.34% +205.68%
Cost of Goods Sold (COGS) incl D&A
78.00M 73.54M 153.87M 427.17M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
9.51M 13.77M 21.94M 35.04M
Depreciation
9.51M 13.77M 21.94M 34.64M
Amortization of Intangibles
- - - 400.00K
-
COGS Growth
+83.69% -5.72% +109.23% +177.62%
Gross Income
106.19M 119.43M 282.91M 907.95M
Gross Income Growth
+65.89% +12.46% +136.88% +220.93%
Gross Profit Margin
+57.65% +61.89% +64.77% +68.01%
2023 2024 2025 2026 5-year trend
SG&A Expense
125.02M 155.72M 244.91M 462.94M
Research & Development
76.77M 95.53M 145.99M 278.98M
Other SG&A
48.25M 60.19M 98.92M 183.96M
SGA Growth
+50.90% +24.56% +57.27% +89.02%
Other Operating Expense
- - - -
-
Unusual Expense
2.41M 765.00K 873.00K 1.50M
EBIT after Unusual Expense
(21.23M) (37.06M) 37.12M 443.50M
Non Operating Income/Expense
3.32M 14.31M 17.75M 31.93M
Non-Operating Interest Income
- - 18.80M 31.30M
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
- - - -
-
Interest Expense Growth
- - - -
-
Gross Interest Expense
- - - -
-
Interest Capitalized
- - - -
-
Pretax Income
(17.91M) (22.75M) 54.87M 475.44M
Pretax Income Growth
+19.35% -26.97% +341.24% +766.48%
Pretax Margin
-9.73% -11.79% +12.56% +35.61%
Income Tax
(1.37M) 5.62M 2.69M 3.16M
Income Tax - Current - Domestic
(22.00K) 5.00K 12.00K 32.00K
Income Tax - Current - Foreign
762.00K 1.48M 2.25M 6.22M
Income Tax - Deferred - Domestic
- (2.22M) 3.45M (2.71M)
Income Tax - Deferred - Foreign
116.00K 684.00K 423.00K (386.00K)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(16.55M) (28.37M) 52.18M 472.28M
Minority Interest Expense
- - - -
-
Net Income
(16.55M) (28.37M) 52.18M 472.28M
Net Income Growth
+25.38% -71.44% +283.94% +805.04%
Net Margin Growth
-8.98% -14.70% +11.95% +35.37%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(16.55M) (28.37M) 52.18M 472.28M
Preferred Dividends
- - - -
-
Net Income Available to Common
(16.55M) (28.37M) 52.18M 472.28M
EPS (Basic)
-0.1129 -0.1829 0.3115 2.6453
EPS (Basic) Growth
+55.00% -62.00% +270.31% +749.21%
Basic Shares Outstanding
146.56M 155.09M 167.50M 178.54M
EPS (Diluted)
-0.1129 -0.1829 0.288 2.509
EPS (Diluted) Growth
+55.00% -62.00% +257.46% +771.18%
Diluted Shares Outstanding
146.56M 155.09M 181.16M 188.23M
EBITDA
(9.31M) (22.52M) 59.94M 480.04M
EBITDA Growth
+33.67% -141.81% +366.12% +700.94%
EBITDA Margin
-5.06% -11.67% +13.72% +35.96%

Snapshot

Average Recommendation BUY Average Target Price 283.093
Number of Ratings 22 Current Quarters Estimate 1.286
FY Report Date 10 / 2026 Current Year's Estimate 6.299
Last Quarter’s Earnings 1.20 Median PE on CY Estimate N/A
Year Ago Earnings 3.46 Next Fiscal Year Estimate 9.667
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 19 18 21 21
Mean Estimate 1.29 1.61 6.30 9.67
High Estimates 1.32 1.80 6.64 11.31
Low Estimate 1.22 1.45 5.98 8.69
Coefficient of Variance 2.01 4.55 2.05 7.21

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 20 21 18
OVERWEIGHT 1 1 1
HOLD 1 1 1
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

Insider Actions for Credo Technology Group Holding Ltd - CRDO

Date Name Shares Transaction Value
Oct 23, 2026 Chi Fung Cheng Chief Technology Officer; Director 5,603,597 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $169.29 per share 948,632,936.13
Oct 23, 2026 Chi Fung Cheng Chief Technology Officer; Director 5,580,897 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $175.31 per share 978,387,053.07
Oct 23, 2026 Chi Fung Cheng Chief Technology Officer; Director 5,584,197 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $174.28 per share 973,213,853.16
Oct 23, 2026 Chi Fung Cheng Chief Technology Officer; Director 5,579,897 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $176.5 per share 984,851,820.50
Oct 23, 2026 Chi Fung Cheng Chief Technology Officer; Director 5,605,197 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $165.89 per share 929,846,130.33
Oct 23, 2026 Chi Fung Cheng Chief Technology Officer; Director 5,606,097 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $163.59 per share 917,101,408.23
Oct 23, 2026 Chi Fung Cheng Chief Technology Officer; Director 5,605,597 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $164.58 per share 922,569,154.26
Oct 23, 2026 Chi Fung Cheng Chief Technology Officer; Director 5,590,387 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $173.55 per share 970,211,663.85
Oct 23, 2026 Chi Fung Cheng Chief Technology Officer; Director 5,606,697 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $162.09 per share 908,789,516.73
Oct 23, 2026 Chi Fung Cheng Chief Technology Officer; Director 5,604,397 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $168.11 per share 942,155,179.67
Oct 23, 2026 Chi Fung Cheng Chief Technology Officer; Director 5,597,807 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $172.5 per share 965,621,707.50
Oct 23, 2026 Chi Fung Cheng Chief Technology Officer; Director 5,601,497 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $171.4 per share 960,096,585.80
Oct 23, 2026 Chi Fung Cheng Chief Technology Officer; Director 5,603,020 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $170.35 per share 954,474,457.00
Oct 23, 2026 Chi Fung Cheng Chief Technology Officer; Director 5,604,797 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $167.06 per share 936,337,386.82
Oct 22, 2026 William J. Brennan Pres & Chief Executive Officer; Director 1,587,907 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $176.36 per share 280,043,278.52
Oct 22, 2026 William J. Brennan Pres & Chief Executive Officer; Director 1,589,397 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $175.36 per share 278,716,657.92
Oct 22, 2026 William J. Brennan Pres & Chief Executive Officer; Director 1,585,088 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $179.35 per share 284,285,532.80
Oct 22, 2026 William J. Brennan Pres & Chief Executive Officer; Director 1,600,061 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $170.39 per share 272,634,393.79
Oct 22, 2026 William J. Brennan Pres & Chief Executive Officer; Director 1,586,675 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $177.44 per share 281,539,612.00
Oct 22, 2026 William J. Brennan Pres & Chief Executive Officer; Director 1,585,566 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $178.37 per share 282,817,407.42

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