Added to YB: 2026-04-16
Pitch date: 2026-04-14
CRDO [neutral]
Credo Technology Group Holding Ltd
+41.45%
current return
Author Info
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Company Info
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.
Market Cap
$49.6B
Pitch Price
$164.54
Price Target
N/A
Dividend
N/A
EV/EBITDA
99.40
P/E
105.97
EV/Sales
36.09
Sector
Semiconductors and Semiconductor Equipment
Category
special_situation
Credo Just Confirmed the Framework
CRDO (update): Acquired DustPhotonics for $870M cash+stock (max $1.3B w/ earnouts) to vertically integrate silicon photonics PICs into optical stack. Mgmt guides >$500M optical rev FY27 (vs Jefferies' $300M est). Closes gap between DSP & system integration, attacking $6B PIC TAM by 2030. Accretive FY27 but execution risk on integration timeline & hyperscaler wins beyond Oracle.
Read full article (8 min)