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NASDAQ · US · Semiconductors

CRDO Credo Technology

Active electrical cables and SerDes

Downtrend Trading below its 50-day average. (automatic: supply-chain trend + price vs 50-day average)
Last close (delayed) · 2026-10-26
$155.4
+5.48% today
1W
−10.1%
1M
−26.4%
3M
−19.2%
YTD
+8.0%
1Y
−0.1%
Off 52w high
−48.6%
Next earnings (est.): 2026-11-30
Market cap$27.68B
P/E (trailing)52.2Forward 15.2
EV / sales18.8×EV/EBITDA 55.0×
Revenue (TTM)$1.59BGrowth 114.7% y/y
Margins67.1%gross · op 25.2%
Free cash flow$248MCash $764M · debt $26.20M
Analyst target$279.1+79.6% upside · 20 analysts · strong buy
Riskβ 3.25Short 6.7% of float

Fundamentals from public market data, refreshed daily (2026-10-24 02:59 UTC). Figures in reporting currency.

CRDO · price with what management and the data said

Supply tighteningBeat / raiseMiss / cutData releaseEasing Hover a numbered marker for details · dashed lines = 50- and 200-day averages

Timeline: management commentary, data & earnings

8 events
  1. 8
    2026-09-01EarningsBeat / raise

    Reported EPS 1.2 vs 1.17 expected (+2.7% surprise).

  2. 7
    2026-06-01EarningsBeat / raise

    Reported EPS 1.16 vs 1.03 expected (+12.2% surprise).

  3. 6
    2026-03-02EarningsBeat / raise

    Reported EPS 1.07 vs 0.94 expected (+13.7% surprise).

  4. 5
    2025-12-01EarningsBeat / raise

    Reported EPS 0.67 vs 0.5 expected (+35.3% surprise).

  5. 4
    2025-09-03EarningsBeat / raise

    Reported EPS 0.52 vs 0.36 expected (+44.2% surprise).

  6. 3
    2025-06-02EarningsBeat / raise

    Reported EPS 0.35 vs 0.27 expected (+27.9% surprise).

  7. 2
    2025-03-04EarningsBeat / raise

    Reported EPS 0.25 vs 0.18 expected (+36.5% surprise).

  8. 1
    2024-12-02EarningsBeat / raise

    Reported EPS 0.07 vs 0.05 expected (+34.6% surprise).

Earnings history

EPS vs expectations
DateExpected EPSReported EPSSurprise
2026-09-011.171.2+2.7%
2026-06-011.031.16+12.2%
2026-03-020.941.07+13.7%
2025-12-010.50.67+35.3%
2025-09-030.360.52+44.2%
2025-06-020.270.35+27.9%
2025-03-040.180.25+36.5%
2024-12-020.050.07+34.6%
2024-09-040.040.04−2.2%
2024-05-290.050.07+34.3%
2024-02-270.030.04+32.5%
2023-11-29—0.01+403.0%
2023-08-24-0.03-0.03+4.0%
2023-05-31-0.04-0.04−2.9%
2023-03-010.040.05+28.6%
2022-11-300.030.02−36.0%
2022-08-310.030.03—
2022-06-01—0.02+366.2%
2022-03-09-0.010.03+340.0%

About Credo Technology

Website ↗

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.

807 employees · Grand Cayman, Cayman Islands

Every additional GPU in a training domain multiplies switch ports and retimers. Ethernet vs proprietary fabrics decides who captures it.

SerDes→Switch ASIC→Retimer / AEC→Cluster

What would prove us wrong. Weakens if cluster sizes plateau and network spend per accelerator falls.

Peers at the same bottleneck

Who else supplies this

StockRoleLast1D1MYTDTrend
ANET
Arista Networks
Ethernet switching for AI back-end networks $178.9+3.81%−13.4%+36.6%
AVGO
Broadcom
Custom ASICs and Ethernet switch silicon for hyperscaler clusters $330.6+2.76%−6.3%−4.0%
CSCO
Cisco Systems
Switching and silicon for AI networks $110.7+3.92%+4.1%+46.3%
ALAB
Astera Labs
PCIe/CXL retimers and scale-up connectivity $266.1+3.46%−27.0%+59.9%
NVDA
NVIDIA
Demand aggregator for HBM, packaging, optics and robotics compute $216.0+2.38%−4.0%+16.1%

Not investment advice. Prices delayed and in local currency. Quotes in "double quotes" are verbatim as reported by the linked source; other commentary is our paraphrase. Earnings dates are estimates.