Credo delivered 157% revenue growth to $437 million while generating 68.3% gross margins and $177.5 million in free cash flow. Management guided for over 80% fiscal 2027 revenue growth, with optical products expected to contribute more than $600 million. AI networking demand continues accelerating as hyperscalers build larger AI factories requiring higher bandwidth, reliability, and lower latency.
Credo Technology Group Holding Ltd (CRDO) Presents at Bank of America 2026 Global Technology Conference Transcript
Credo expects more than $600 million of optical revenue in FY2027, accelerating its transition beyond traditional AEC products. Fiscal 2026 revenue surged 206% to $1.34 billion while non-GAAP net income increased more than fivefold. Management guided for over 80% revenue growth in FY2027 while maintaining gross margins between 67% and 69%.
Following a breakout fiscal 2026 in which revenue more than tripled to $1.3 billion, Credo Technology Group Holding Ltd CRDO is positioning itself as a key beneficiary of the AI networking boom. As hyperscalers and cloud providers race to build larger AI clusters, optical networking is becoming an increasingly important part of the infrastructure stack.
Credo pivots from a Q4 beat to a fiscal 2027 optical inflection, with a second-half ramp that management says could reshape the revenue mix.
MU, CRDO and TER screened as profitable June stock picks, backed by strong net income ratios and robust earnings growth outlooks.
Credo Technology Group Holding Ltd. reported earnings after the close Monday. CREDO stock is falling as investors appear unimpressed. The company's copper and optical portfolio make it perfectly positioned for the next stage of AI capex.
Credo Technologies NASDAQ: CRDO stock price rally isn't over yet, not by a long shot. The fiscal Q4 2026 release and 2027 guidance suggest this stock can easily reach $300 and continue rallying from there.
Credo Technology Group Holding Ltd delivered a double beat in Q4 '26, with revenue up 157% year over year and profitability remaining exceptional. CRDO guided to over 80% revenue growth for FY27, driven by a second-half inflection in optical, with optical products expected to exceed $600 million in revenue. Customer concentration risk is improving, and gross margins remain strong, while inventory build signals confidence in future demand but adds execution risk.
Credo Technology (NASDAQ:CRDO | CRDO Price Prediction) has become one of the loudest AI infrastructure stories on the Nasdaq, with numbers starting to justify the noise.
Credo Technology remains a 'Buy' as robust AI-driven demand fuels 157% YoY revenue growth and strong margin expansion. CRDO's post-earnings weakness reflects elevated expectations, with only a slight revenue and guidance beat after a significant share price run-up. At 38x forward earnings, the company's valuation is less compelling for multiple expansion, but continued high growth supports long-term upside.
Credo Technology Group Holding Ltd (CRDO) Q4 2026 Earnings Call Transcript