Credo Technology GroupCRDO
CRDO
About: Credo Technology Group Holding Ltd delivers high-speed solutions to break bandwidth barriers on every wired connection in the data infrastructure market. It provides secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase exponentially throughout the data infrastructure market. It has a geographic presence in Hong Kong, the United States, Mainland China, Taiwan, and the Rest of the World.
Employees: 500
0
Funds holding %
of 7,254 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
48% more first-time investments, than exits
New positions opened: 117 | Existing positions closed: 79
16% more call options, than puts
Call options by funds: $123M | Put options by funds: $106M
13% more repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 125
8% more funds holding
Funds holding: 380 [Q4 2024] → 410 (+30) [Q1 2025]
2.83% less ownership
Funds ownership: 74.91% [Q4 2024] → 72.08% (-2.83%) [Q1 2025]
41% less capital invested
Capital invested by funds: $8.42B [Q4 2024] → $4.96B (-$3.46B) [Q1 2025]
42% less funds holding in top 10
Funds holding in top 10: 12 [Q4 2024] → 7 (-5) [Q1 2025]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$60
3%
downside
Avg. target
$73
18%
upside
High target
$82
33%
upside
6 analyst ratings
6 positive
100%
0 neutral
0%
0 negative
0%
Barclays Thomas O'Malley | 13%upside $70 | Overweight Maintained | 22 Apr 2025 |
Stifel Tore Svanberg | 12%upside $69 | Buy Maintained | 17 Apr 2025 |
Mizuho Vijay Rakesh | 33%upside $82 | Outperform Maintained | 3 Apr 2025 |
Susquehanna Christopher Rolland | 3%downside $60 | Positive Upgraded | 10 Mar 2025 |
B of A Securities Vivek Arya | 21%upside $75 | Buy Maintained | 5 Mar 2025 |
Financial journalist opinion
Based on 10 articles about CRDO published over the past 30 days
Positive
Seeking Alpha
3 days ago
Credo Q4 Preview: Massive AI Gains Meet Valuation Constraints
Credo's explosive AI-driven growth is impressive, but don't overlook risks—especially heavy reliance on hyperscalers like AWS; monitor capex signals closely for growth normalization impacts on investor sentiment. Margins are excellent now, but expect moderation—watch management's R&D spending guidance closely on earnings calls, as unexpected expense jumps could quickly pressure valuations. CRDO shares look appealing despite stretched multiples; position cautiously and stay sharp on strategic catalysts and competitor moves, given the volatile macro and customer concentration risks.
Positive
Zacks Investment Research
3 days ago
CRDO Introduces PILOT for Predictive Link Optimization and Telemetry
Credo's new PILOT enhances link reliability, detects early degradation and ensures seamless uptime for high-speed data infrastructure.
Positive
Zacks Investment Research
4 days ago
CRDO vs. AVGO: Which AI-focused Semiconductor Stock is the Better Buy?
Both Credo and Broadcom are well-positioned to gain from the rapidly growing AI-driven data center market. Let's find out which semiconductor stock is a better bet.
Neutral
Business Wire
5 days ago
Credo Launches PILOT a Diagnostic and Analytics Software Platform, Enhancing Link Reliability and Performance Across High-Speed Connectivity Solutions
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CRDO #WeConnect--Credo Technology Group Holding Ltd (Credo) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved reliability and energy efficiency, today introduced PILOT, its proprietary Predictive Integrity, Link Optimization, and Telemetry platform. Designed to support a full suite of Credo connectivity offerings —including SerDes IP, retimer ICs, and system-level Active Electrical Cables (AEC)—PILOT delivers advanced dia.
Positive
Seeking Alpha
6 days ago
Credo's Q4 Earnings Should Ignite The Rally
I remain bullish on Credo Technology Group Holding Ltd, expecting another strong earnings beat and upward revisions in the upcoming Q4 FY2025 report. Credo's rapid revenue growth, customer base diversification, and leadership in AECs position it for continued outperformance, despite recent volatility. Risks include high valuation multiples and heavy reliance on AWS, but expanding relationships with other hyperscalers should mitigate concentration concerns.
Neutral
Business Wire
1 week ago
Credo Schedules Fourth Quarter and Fiscal Year 2025 Financial Results Conference Call
SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Technology Group Holding Ltd (Credo) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved reliability and energy efficiency, today announced it will hold a conference call on Monday, June 2, 2025, at 2:00 p.m. Pacific Time to discuss its financial results for the fourth quarter and fiscal year ended May 3, 2025. The news release announcing the fourth quarter and fiscal year 2025 financial results will.
Positive
Seeking Alpha
1 week ago
Credo Technology Has Entered A High-Growth Phase
I rate Credo Technology a strong buy with a $100 price target within 12 months, due to its robust growth roadmap and favorable market conditions. Credo is positioned for strong growth, driven by its innovative high-speed data center interconnect solutions and a solid customer base in AI and HPC. The company's high gross margins, strong operating leverage, and substantial cash reserves support its rapid scalability and profitability in the booming AI networking market.
Negative
Zacks Investment Research
2 weeks ago
CRDO Tanks 33% in 3 Months: Should You Hold the Stock or Make an Exit?
Credo Technology Group Holding Ltd CRDO stock has slipped 33.3% over the past three months, significantly more than the Electronic-Semiconductors industry's decline of 16.4%. The broader Computer and Technology sector and S&P 500 Composite have registered declines of 11.5% and 7.8%, respectively, over the same time frame.
Positive
Zacks Investment Research
2 weeks ago
Credo Technology Group (CRDO) Upgraded to Buy: Here's Why
Credo Technology Group (CRDO) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Positive
Seeking Alpha
2 weeks ago
Load Up On Credo Technology While It's Cheap
I reiterate my "Buy" rating on Credo Technology Group, seeing solid fundamentals and recent innovations that expand its TAM, despite broader market turbulence. Credo's Q3 FY2025 revenue surged 154% YoY, driven by AI platform scaling and AEC becoming the standard for intra-rack connections, indicating strong growth potential. Credo's valuation has become attractive for GARP investors after a 28% YTD dip, with a forward PEG ratio significantly lower than the IT sector's median.
Charts implemented using Lightweight Charts™