Added to YB: 2026-06-12
Pitch date: 2026-06-10
CRDO [neutral]
Credo Technology Group Holding Ltd
+8.66%
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 internationally.
Market Cap
$43.8B
Pitch Price
$243.66
Price Target
N/A
Dividend
N/A
EV/EBITDA
89.33
P/E
94.69
EV/Sales
31.77
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Credo, Graded
CRDO (overview): AI interconnect (copper/optical, up to 1.6T) anchored by in-house SerDes. Q4 rev +157% YoY to $437M, 68.3% GM, 49.6% op margin, FCF $177.5M. FY26 rev $1.3B. Strong moat via switching costs (ZeroFlap 1,000x reliability) & supply control. Risks: customer concentration (top at 34%), FY27 $600M+ optical ramp on guidance not contracts, SBC dilution (~199M shares). Priced for forward case in full; strong print sold off.
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