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Credo Technology Group Holding

CRDO

Last
$216.00
Day
+2.0%
1y
+40.2%
5y
+1718.5%
52w
-31.4%
SPY YTD
+13.3%
XLK
+37.1%
Earnings
—
EMA 21
202.63
EMA 50
205.29
EMA 200
185.95
20d high
-8.5%
5y high
-31.4%
5y range
68th
Website · 807 employees · Cayman Islands

Positions held

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Score
34
Hold
swing
Signal
Strong Buy
Target
$238.38
Stop
$189.76
Stop distance
12.2%
Target vs last
+10.4%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • Credo Technology Group is well-positioned in the semiconductor industry, benefiting from increasing demand for high-performance computing and networking solutions.
  • In Q3 2026, Credo reported a revenue increase of 10% compared to the previous quarter, reaching $479 million.
  • The company achieved a gross margin of 64.5% in Q3 2026, demonstrating strong profitability despite a slight decline from the prior quarter.
Bear case
  • The company's high trailing P/E ratio of 78.31 may indicate overvaluation compared to industry peers, raising concerns for potential investors.
  • In 2025, Credo's revenue was only $436.775 million, significantly lower than the projected growth for 2026.
  • Operating margin decreased to 25.2% in Q3 2026, down from 35.7% in Q2 2026, indicating potential operational challenges.

Fundamentals

Market cap$39.82BEnterprise value$39.08BTrailing P/E75.13Forward P/E21.86
PEG—Price / book14.58Beta3.25Dividend yield0.00%
Revenue growth114.7%Earnings growth97.1%Gross margin67.1%Operating margin25.2%
Profit margin33.8%ROE30.7%ROA16.1%Debt / equity0.01
Current ratio7.40Free cash flow$248.29MAnalyst recommendationstrong_buyMean target$279.09
52w high$308.6752w low$86.49

Quarterly

2026-Q32026-Q22026-Q12025-Q42025-Q32025-Q2
Revenue$479M$437M$407M$268M$223M—
Op margin25.2%35.7%36.8%29.4%27.2%—
Net income$129M$169M$157M$82.6M$63.4M—
Gross margin64.5%68.2%68.5%67.5%67.4%—
Gross profit$309M$298M$279M$181M$150M—
Operating income$121M$156M$150M$78.8M$60.7M—
  • Revenue +10% vs prior quarter ($479M vs $437M).
  • Gross margin 64.5% (was 68.2% prior quarter).
  • Operating margin compressed to 25.2%.

Yearly (6y)

20262025202420232022
Revenue$1.3B$437M$193M$184M—
Op margin33.3%8.5%-19.2%-10.2%—
Net income$472M$52.2M-$28.4M-$16.5M—
Gross margin68.0%64.8%61.9%57.7%—
Gross profit$908M$283M$119M$106M—
Operating income$445M$37.1M-$37.1M-$18.8M—
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

CRDO · daily+10.0% over 13 sessions
Close EMA21 EMA50 EMA200
180.75194.06207.38220.70234.012026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
$0M$120M$240M$359M$479M0%34%69%2025-Q32025-Q42026-Q12026-Q22026-Q3