Added to YB: 2026-09-07
Pitch date: 2026-09-03
CRDO [neutral]
Credo Technology Group Holding Ltd
Author Info
No bio for this author
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
$30.9B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
54.92
P/E
57.98
EV/Sales
18.93
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Credo Q1 FY2027: The Cost of Owning the Link
CRDO (earnings): Credo’s Q1 strengthened the strategic thesis that PILOT diagnostics and a broader copper-and-optical portfolio can create a system-level advantage: revenue rose 115% to $479 million and non-GAAP gross margin held at 68%. Economic ownership remains unproven, however, as optical margins are undisclosed, initial DustPhotonics wins excluded Credo DSPs, and inventory, receivables and R&D rose ahead of evidence that optical attachment and cash conversion will match AEC economics.
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