Credo Technology Group Holding Ltd. logo

Credo Technology Group Holding Ltd. (CRDO)

Market Open
16 Jun, 15:10
NASDAQ (NGS) NASDAQ (NGS)
$
248. 50
-10.91
-4.2057%
$
46.26B Market Cap
- P/E Ratio
- Div Yield
2.41M Volume
- Eps
$ 259.41
Previous Close
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Day Range
245.21 258.36
Year Range
77.79 270.21
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Credo Technology: Share Price Sell-Off Presents An Attractive Entry Point

Credo Technology: Share Price Sell-Off Presents An Attractive Entry Point

I maintain a buy rating on Credo Technology Group. CRDO reported robust 1Q25 earnings, with a 70% y/y revenue increase and significant margin improvements. The long-term growth outlook remains strong, driven by increasing demand for faster data transmission and CRDO's dominant market position in active electrical cables.

Seekingalpha | 1 year ago
Credo Technology Group Holding Ltd (CRDO) Q1 2025 Earnings Call Transcript

Credo Technology Group Holding Ltd (CRDO) Q1 2025 Earnings Call Transcript

Credo Technology Group Holding Ltd (NASDAQ:CRDO ) Q1 2025 Earnings Conference Call September 4, 2024 5:00 PM ET Company Participants Dan O'Neil - Vice President, Corporate Development and Investor Relations Bill Brennan - President and Chief Executive Officer Dan Fleming - Chief Financial Officer Conference Call Participants Toshiya Hari - Goldman Sachs Tore Svanberg - Stifel Suji Desilva - ROTH Capital Sean O'Loughlin - TD Cowen Karl Ackerman - BNP Paribas Thomas O'Malley - Barclays Quinn Bolton - Needham Richard Shannon - Craig-Hallum Operator Ladies and gentlemen thank you for standing by. At this time, all participants are in a listen-only mode.

Seekingalpha | 1 year ago
Credo Technology Group Holding Ltd. (CRDO) Meets Q1 Earnings Estimates

Credo Technology Group Holding Ltd. (CRDO) Meets Q1 Earnings Estimates

Credo Technology Group Holding Ltd. (CRDO) came out with quarterly earnings of $0.04 per share, in line with the Zacks Consensus Estimate.

Zacks | 1 year ago
IPO Stock Of The Week: AI Leader Credo Retakes Key Level

IPO Stock Of The Week: AI Leader Credo Retakes Key Level

IPO Stock Of The Week: AI stock Credo regained a key level this week with a bullish bounce, as the market continues to rebound.

Investors | 1 year ago
Credo Technology: AI Revenue Doubling In FY25; Initiate With 'Buy'

Credo Technology: AI Revenue Doubling In FY25; Initiate With 'Buy'

Credo Technology is a leader in the high-speed connectivity market, with AI and data center expansions driving rapid business growth. I anticipate Credo doubling AI related revenue by FY25, with comprehensive Ethernet connectivity solutions positioning the company for significant growth. I'm initiating with a 'Buy' rating, with a one-year price target of $35 per share, expecting over 70% year-over-year revenue growth in Q1 FY25.

Seekingalpha | 1 year ago
7 Hypergrowth Stocks to Buy and Hold for 50 Years

7 Hypergrowth Stocks to Buy and Hold for 50 Years

Predicting the future is a fool's errand. If you had asked me just five years ago what 2024 would look like, I would have gotten it laughably wrong.

Investorplace | 1 year ago
Credo Wins Upgrade To Buy On Expected Revenue Inflection

Credo Wins Upgrade To Buy On Expected Revenue Inflection

Credo Technology won an upgrade to buy from a TD Cowen analyst, who cited an expected jump in revenue. Credo stock has advanced 40% in 2024 amid rising expectations.

Investors | 1 year ago
Why Wall Street Predicts Revenue Will Surge At This Maker Of Networking Devices

Why Wall Street Predicts Revenue Will Surge At This Maker Of Networking Devices

Analysts predict 62% revenue growth for Credo in fiscal 2025, up from 5% this year, as AI servers drive demand for active electrical cables.

Investors | 2 years ago
Credo Technology Group Holding Ltd (CRDO) Q4 2024 Earnings Call Transcript

Credo Technology Group Holding Ltd (CRDO) Q4 2024 Earnings Call Transcript

Credo Technology Group Holding Ltd (NASDAQ:CRDO ) Q4 2024 Earnings Conference Call May 29, 2024 5:00 PM ET Company Participants Dan O'Neil - VP-Corporate Development & IR Bill Brennan - CEO Dan Fleming - CFO Conference Call Participants Quinn Bolton - Needham Tore Svanberg - Stifel Thomas O'Malley - Barclays Vijay Rakesh - Mizuho Richard Shannon - Craig-Hallum Karl Ackerman - BNP Paribas Suji Desilva - ROTH Operator Ladies and gentlemen, thank you for standing by. At this time, all participants are in a listen-only mode.

Seekingalpha | 2 years ago
Credo Technology Group Holding Ltd. (CRDO) Q4 Earnings and Revenues Surpass Estimates

Credo Technology Group Holding Ltd. (CRDO) Q4 Earnings and Revenues Surpass Estimates

Credo Technology Group Holding Ltd. (CRDO) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.05 per share.

Zacks | 2 years ago