Added to YB: 2026-09-25
Pitch date: 2026-09-22
CRDO [bullish]
Credo Technology Group Holding Ltd
+2.33%
current return
Author Info
HatedMoats identifies hated moats. I buy companies when the market panics. Contrarian investor focused on quality, value & long-term growth. 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
$191.50
Price Target
220.00 (+12%)
Dividend
N/A
EV/EBITDA
64.64
P/E
68.00
EV/Sales
22.28
Sector
Semiconductors and Semiconductor Equipment
Category
growth
New Position in My Private Portfolio - $CRDO
CRDO: Credo’s AEC foothold and hyperscaler relationships could open the door to a broader AI-connectivity platform spanning optics and retimers. After a ~40% selloff, the $170.54 entry equals 17.6x consensus FY2028 adjusted EPS; the base case is $220, with a retest of $282 possible. The thesis requires a successful optical ramp and durable margins, while extreme customer concentration creates a downside case near $126.
Read full article (8 min)