Added to YB: 2026-09-25
Pitch date: 2026-09-18
CRDO [bullish]
Credo Technology Group Holding Ltd
+8.32%
current return
Author Info
Long-Term Pick shares in-depth stock analysis on high-quality stocks with growth potential. Sign up for the newsletter.
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
$36.2B
Pitch Price
$180.91
Price Target
267.00 (+36%)
Dividend
N/A
EV/EBITDA
64.64
P/E
68.00
EV/Sales
22.28
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Credo: 50% Consensus Growth for 24x Earnings
CRDO (monitor): Credo’s smaller quarterly beat did not signal a weaker business: Q1 revenue rose 115%, non-GAAP gross margin held at 68%, and FY2027 growth guidance increased to more than 85%. At $176, shares trade at 24.1x forward earnings versus 50% consensus EPS growth, below the $196 base-case fair value but above the $151 bear case and the $106-$151 accumulation zone; customer concentration and the new optical ramp remain the key risks.
Read full article (21 min)