Added to YB: 2025-03-07
Pitch date: 2025-03-05
CRDO [neutral]
Credo Technology Group Holding Ltd
+230.22%
current return
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 internationally.
Market Cap
$28.5B
Pitch Price
$43.58
Price Target
N/A
Dividend
N/A
EV/EBITDA
120.82
P/E
142.12
EV/Sales
34.84
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Credo's Connectivity Inflection - The Q3 FY2025 Breakthrough
CRDO (earnings update): Q3 rev $135M (+154% YoY), EPS $0.25 (+39% vs est). AECs solve AI connectivity issues, 100x more reliable than optics. 86% rev from top customer (Amazon?). Expanding to DSPs & PCIe. Q4 guide $155-165M, FY26 growth >50%. System-level approach key differentiator. Mgmt confident in market leadership.
Read full article (5 min)