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Credo Technology Group Holding Ltd (CRDO)

Technology | Semiconductors | Grand Cayman, Cayman Islands | NasdaqGS
240.24 USD +13.75 (6.071%) ⇧ (Aug. 27, 2026, 4 p.m. EDT)
After hours: 237.90 -2.34 (-2.340%) ⇩ (Aug. 27, 2026, 7:58 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★★★★Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 1:31 a.m. EDT

Credo Technology presents a compelling long-term case driven by explosive growth metrics—revenue expanding 157% and earnings surging 343%—supported by a fortress balance sheet with net cash and a 34% return on equity. The market is pricing in this growth with a forward multiple of 25, which is reasonable compared to the trailing 92x multiple. However, the stock is currently trading below its 50-day moving average after a sharp pullback from recent highs, creating short-term headwinds despite the strong 200-day trend. Options activity confirms a bullish sentiment with heavy call open interest at higher strikes, though the elevated implied volatility suggests uncertainty remains. For investors with a multi-year horizon, the fundamentals justify the premium, but timing the entry requires patience for the technical consolidation.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.090366
MSTL0.092957
AutoTheta0.147156
AutoARIMA0.401804

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 35%
H-stat 1.05
Ljung-Box p 0.000
Jarque-Bera p 0.358
Excess Kurtosis 0.02
Attribute Value
Sector Technology
Debt to Equity Ratio 1.233
Revenue per Share 7.478
Market Cap 45,149,425,664
Trailing P/E 95.71
Forward P/E 26.34
Beta 3.23
Profit Margins 35.37%
Website https://credosemi.com

As of Aug. 22, 2026, 1:31 a.m. EDT: Speculators are positioning for continued volatility with a distinct upside bias. Call option open interest builds significant walls at $250, $280, and $300, suggesting these are key resistance targets. While put volume remains elevated for hedging, the call positioning indicates a bullish thesis on further expansion. Implied volatility is elevated across expirations, reflecting expectations for sharp moves.


Info Dump

Attribute Value
52 Week Change 0.9522978
Address1 Ugland House
Address2 PO Box 309
All Time High 308.67
All Time Low 7.195
Ask 255.48
Ask Size 2
Audit Risk 3
Average Analyst Rating 1.3 - Strong Buy
Average Daily Volume10 Day 4,119,220
Average Daily Volume3 Month 7,522,865
Average Volume 7,522,865
Average Volume10Days 4,119,220
Beta 3.233
Bid 223.31
Bid Size 2
Board Risk 6
Book Value 11.129
City Grand Cayman
Compensation As Of Epoch Date 1,798,675,200
Compensation Risk 7
Country Cayman Islands
Crypto Tradeable 0
Currency USD
Current Price 240.24
Current Ratio 10.153
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 244.44
Day Low 233.78
Debt To Equity 1.233
Display Name Credo Technology Group Holding
Earnings Call Timestamp End 1,788,292,800
Earnings Call Timestamp Start 1,788,292,800
Earnings Growth 3.432
Earnings Quarterly Growth 3.622
Earnings Timestamp 1,788,292,800
Earnings Timestamp End 1,788,292,800
Earnings Timestamp Start 1,788,292,800
Ebitda 479,641,984
Ebitda Margins 0.35924998
Enterprise To Ebitda 90.446
Enterprise To Revenue 32.493
Enterprise Value 43,381,612,544
Eps Current Year 6.1512
Eps Forward 9.12031
Eps Trailing Twelve Months 2.51
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 239.5588
Fifty Day Average Change 0.6811981
Fifty Day Average Change Percent 0.0028435527
Fifty Two Week Change Percent 95.22978
Fifty Two Week High 308.67
Fifty Two Week High Change -68.43001
Fifty Two Week High Change Percent -0.22169308
Fifty Two Week Low 86.485
Fifty Two Week Low Change 153.755
Fifty Two Week Low Change Percent 1.7778227
Fifty Two Week Range 86.485 - 308.67
Financial Currency USD
First Trade Date Milliseconds 1,643,293,800,000
Float Shares 168,055,746
Forward Eps 9.12031
Forward P E 26.341211
Free Cashflow 250,810,128
Full Exchange Name NasdaqGS
Full Time Employees 807
Fullday Change -1.1900024
Fullday Change Percent -0.495339
Fullday Price 237.9
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.68035007
Gross Profits 908,348,992
Has Pre Post Market Data 1
Held Percent Insiders 0.09436
Held Percent Institutions 0.73627
Implied Shares Outstanding 187,934,666
Industry Semiconductors
Industry Disp Semiconductors
Industry Key semiconductors
Ipo Expected Date 2,022-01-27
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,777,680,000
Long Business Summary Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet and PCIe applications in the United States, Taiwan, Mainland China, Hong Kong, and other international markets. The company offers ZeroFlap (ZF) active electrical cables and ZF optical transceivers, OmniConnect memory solutions, and a suite of retimers and DSPs for optical and copper Ethernet and PCIe, as well as integrated circuits, active electrical cables, and SerDes chiplets. It also provides intellectual property (IP) solutions, including SerDes IP licensing. The company offers was founded in 2008 and is headquartered in Grand Cayman, the Cayman Islands.
Long Name Credo Technology Group Holding Ltd
Market us_market
Market Cap 45,149,425,664
Market State PREPRE
Max Age 86,400
Message Board Id finmb_662522214
Most Recent Quarter 1,777,680,000
Net Income To Common 472,279,008
Next Fiscal Year End 1,809,216,000
Non Diluted Market Cap 42,565,322,502
Number Of Analyst Opinions 19
Open 237.31
Operating Cashflow 464,292,000
Operating Margins 0.35661998
Overall Risk 6
Payout Ratio 0.0
Phone 408-664-9329
Post Market Change -2.3400116
Post Market Change Percent -0.9740308
Post Market Price 237.9
Post Market Time 1,787,875,126
Previous Close 226.49
Price Eps Current Year 39.055798
Price Hint 2
Price To Book 21.586845
Price To Sales Trailing12 Months 33.816856
Profit Margins 0.35374
Quick Ratio 8.507
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.31579
Region US
Regular Market Change 13.75
Regular Market Change Percent 6.07091
Regular Market Day High 244.44
Regular Market Day Low 233.78
Regular Market Day Range 233.78 - 244.44
Regular Market Open 237.31
Regular Market Previous Close 226.49
Regular Market Price 240.24
Regular Market Time 1,787,860,801
Regular Market Volume 4,222,861
Return On Assets 0.17916
Return On Equity 0.34408
Revenue Growth 1.57
Revenue Per Share 7.478
Sand P52 Week Change 0.1890428
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 7
Shares Outstanding 187,934,666
Shares Percent Shares Out 0.032899998
Shares Short 6,126,151
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 6,007,217
Short Name Credo Technology Group Holding
Short Percent Of Float 0.0369
Short Ratio 1.17
Source Interval 15
Symbol CRDO
Target High Price 350.0
Target Low Price 184.0
Target Mean Price 283.23447
Target Median Price 291.0
Total Cash 1,443,286,016
Total Cash Per Share 7.74
Total Debt 25,448,000
Total Revenue 1,335,116,032
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 2.51
Trailing P E 95.71315
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 174.13237
Two Hundred Day Average Change 66.107635
Two Hundred Day Average Change Percent 0.37964013
Type Disp Equity
Volume 4,222,861
Website https://credosemi.com
Zip KY1-1104