Added to YB: 2026-09-07
Pitch date: 2026-09-04
CRDO [bullish]
Credo Technology Group Holding Ltd
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
$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: When a De-Rating Is a Gift
CRDO: Credo’s 20% post-print selloff is a de-rating rather than a downgrade: FY28 EPS consensus has risen roughly 17% since June, while the stock sits 46% below its high at 17x FY28 and 13x FY29 earnings. Its dominant AEC franchise remains relevant because the cited 448G transition affects a link Credo never served, while laser shortages constrain optics; key risks are customer concentration and distance-driven copper displacement.
Read full article (6 min)