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USTechnology

Credo Technology Group Holding Ltd (CRDO)

US · Technology · Semiconductors

$168.25+4.19%
Last close · 2026-09-17

Latest quarter · ended 2026-07-31

Revenue
$479.0M
Revenue YoY
+114.7%
Net profit
$129.4M
Profit YoY
+104.1%
EPS
$0.78
EPS estimate
$0.93
Net margin
27.0%

EPS came in at 0.78 against a street estimate of 0.93 — a miss of 16.1%.

Key statistics

Market cap
$28.27B
P/E
53.0
Forward P/E
23.9
P/B
10.34
Book value
$14.53
EPS (TTM)
$2.84
52-week high
$308.67
52-week low
$86.48
50-day MA
$218.96
200-day MA
$175.87
Beta
3.23

Analyst view

Analysts rate Credo Technology Group Holding Ltd a strong buy (12 buy, 1 hold, 0 sell out of 13) with an average price target of $282.47.

From the latest earnings call · 2026-09-01

CONFIDENT Credo delivered record Q1 revenue of $479M (+115% YoY, +10% QoQ) with 49.3% net margin. Optical business ramping with $600M+ FY27 target. Guiding Q2 revenue $525–535M. Expects 85%+ FY27 growth driven by optics, AECs, and emerging solutions. Q1 FY27 Analysts pressed on optical mix uncertainty (fiscal '27 vs. '28), supply-chain scaling risks for ZeroFlap, and AEC durability at 1.6T. Management reiterated that fiscal '27 is stepping stone, emphasized 18–24 month supply planning and customer engagement strength, and positioned 1.6T as H2 FY27 contributor with bulk growth in FY28. 2026-09-01…

Full summary in the app.

Shareholding

Insiders
9.43%
Institutions
73.62%

Largest institutional holders

FundStake
BlackRock Inc10.54%
Vanguard Portfolio Management, LLC4.79%
Point72 Asset Management, L.P.3.98%
Vanguard Capital Management, LLC3.85%
State Street Corp2.59%
Geode Capital Management, LLC2.33%
FMR Inc1.45%
Jennison Associates LLC1.41%

Recent filings & reports

DocumentDate
Quarterly report · Q2 FY2027
CREDO TECHNOLOGY GROUP HOLDING LTD – Q1 FY2027 SUMMARY HEADLINE NUMBERS • Revenue: $479.0 million (Q1 FY2027), up 115% from $223.1 million (Q1 FY202
2026-09-02
Results announced · Q2 FY2027
CREDO TECHNOLOGY GROUP HOLDING LTD – Q1 FY2027 SUMMARY HEADLINE NUMBERS • Revenue: $479.0 million – up 9.6% quarter-over-quarter, up 114.7% year-ove
2026-09-01
Proxy statement · Q2 FY2027
CREDO TECHNOLOGY GROUP HOLDING LTD — 2026 PROXY SUMMARY CEO COMPENSATION • William J. Brennan (President, CEO, and Director) total compensation for
2026-08-25
Annual report FY2026
CREDO TECHNOLOGY GROUP HOLDING LTD – FORM 10-K SUMMARY Fiscal Year Ended May 2, 2026 --- HEADLINE NUMBERS • Total Revenue (FY2026): $1.3 billion •
2026-06-15
Results announced · Q1 FY2027
CREDO TECHNOLOGY GROUP HOLDING LTD – Q4 & FY2026 FINANCIAL SUMMARY HEADLINE NUMBERS • FY2026 Revenue: $1,335.1 million (up 205.7% year-over-year fro
2026-06-01
Reg FD disclosure · Q4 FY2026
CREDO TECHNOLOGY GROUP - FORM 8-K SUMMARY HEADLINE NUMBERS • Acquisition price: $750 million in cash plus approximately 0.92 million ordinary shares
2026-04-13
Quarterly report · Q3 FY2026
CREDO TECHNOLOGY GROUP HOLDING LTD - Q1 FY2026 10-Q SUMMARY HEADLINE NUMBERS • Cash position strengthened dramatically: Cash and cash equivalents in
2026-03-03
Results announced · Q4 FY2026
CREDO TECHNOLOGY GROUP - Q3 FY2026 FINANCIAL SUMMARY HEADLINE NUMBERS • Revenue: $407.0 million in Q3 FY2026 (ended January 31, 2026) - Up 51.9% q
2026-03-02

Readable in the app.

Deals & corporate news

AnnouncementDate
Acquisition of DustPhotonics for $750M cash plus stock consideration
Credo Technology announced on April 13, 2026, that it agreed to acquire DustPhotonics Ltd., an Israeli company, for approximately $750 million in cash plus 0.92 million Credo shares. The dea
2026-04-13
Q3 FY2026 revenue preannouncement and Q4 sequential growth guidance updated
Credo Technology Group Holding Ltd issued a press release on February 9, 2026, announcing unaudited revenue results for Q3 fiscal 2026 and updating guidance for Q4 fiscal 2026. However, this
2026-02-09

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Data updated 2026-09-18.