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Credo Technology Group Holding Ltd
CRDOTechnologyNASDAQUS
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Credo, Cellebrite, and TransMedics are building dominant positions in huge markets with years of expansion still ahead.
The tech sector's blistering run came to a halt on Wednesday as renewed strikes in Iran and a sour response to Broadcom's earnings weighed on sentiment. Despite a stellar Q2 with record revenue and margins, Broadcom sank 15% Thursday, dragging chip stocks lower. This long-awaited rotation presents an opportunity for semiconductor names that pair strong forward earnings growth with durable profitability.
Credo Technology Group Holding Ltd (CRDO) Presents at Bank of America 2026 Global Technology Conference Transcript
Credo Technology is rated buy, with a $295 price target and >37% upside, driven by robust growth and expanding optical offerings. Q4 revenues surged 157% YoY to $437M, with gross margin at 68.3% and non-GAAP operating margin at 49.6%, highlighting exceptional profitability. Customer concentration risk is moderating, with the top 3 customers now at 77% of revenue and neocloud clients expected to exceed 20% of the top line.
Credo Technology delivered 206% YoY revenue growth to $1.335B, driven by massive copper cable deployments for AI data center clusters. Growth is normalizing, with Q1 guidance at +7% QoQ; optics are expected to accelerate from H2 FY27, targeting $600M+ in FY27 optics revenue. Non-GAAP operating margin surged from 8.5% to 48%, but margin compression is expected as optics, a lower-margin business, becomes a larger revenue contributor.
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 (CRDO) experienced a rocky start to trading following the release of its Q4 (April) results. The company, known for its high-speed conne
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.
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Credo Technology Group (CRDO) fell 4.50% intraday after the company reported Q4 FY2026 revenue of $437 million, up 157% year-over-year and 7.4% sequentially. No
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
Credo Technology's revenue rose 157% in the last quarter, and it beat analysts' expectations on both the top and bottom lines. The stock fell more than 12% in after-hours trading.
Credo Technology Group Holding Ltd. (CRDO) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $1.03 per share.
Credo Technology Group NASDAQ: CRDO reported record fiscal fourth-quarter and full-year results, with management pointing to strong demand for artificial intelligence data center connectivity and forecasting another year of rapid growth.
Credo Technology Group Holding Ltd (NASDAQ:CRDO) reported financial results for the fourth quarter of fiscal 2026 after the market close on Monday. Here's a look at the key details from the print.
SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Technology Group Holding Ltd (Nasdaq: CRDO) (“Credo”), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, today reported financial results for the fourth quarter and full fiscal year 2026, ended May 2, 2026. Fourth Quarter of Fiscal Year 2026 Financial Highlights Revenue of $437.0 million grew by 7.4% quarter over quarter and 157.0% year over year GAAP gross margin of 68.2% and non-GAAP gross ma.
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Credo Technology Group Holding Ltd (CRDO) to report Q4 and full year 2026 results on June 1. Analysts predict EPS of $0.79 and revenue of $432.05 million for Q4, and EPS of $2.40 and revenue of $1.33 billion for full year. Recently acquired DustPhotonics for $750 million. Stock rose 6.15% to $236.03 on Friday. Goldman Sachs, Rosenblatt, and Needham analysts maintain Buy or Neutral ratings with price targets ranging from $170 to $220.
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At $221.23, Credo Technology (NASDAQ:CRDO | CRDO Price Prediction) is a hold.
CRDO to report fiscal Q4 2026 results on June 1; consensus calls for $1.03 EPS on $430M revenues as AEC and hyperscaler demand ramps.
Credo Technology Group Holding Ltd. remains a buy ahead of Q4 earnings, with strong catalysts from the AI super-cycle and recent DustPhotonics acquisition. CRDO's Q3 results showed 201.5% YoY revenue growth, 328% YoY EPS growth, and robust operating leverage, supporting continued bullish sentiment. The DustPhotonics acquisition expands CRDO's TAM and positions it to capture significant market share in optical and AEC solutions for hyperscalers.
SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo completes the acquisition of DustPhotonics.
Technology firm Credo Technology Group Holding Ltd. (CRDO) shares up 141% since first institutional outlier in June 2025.
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The next AI winners may come from the companies that help move data in AI data centers.
Quantum computing, AI and semiconductor-linked stocks dominated last week's large-cap gainers as investors cheered fresh government funding, analyst optimism, regulatory approvals and expanding data center momentum.
As Nvidia exceeds a $5 trillion market cap investor may find more upside in shares of Innodata, Credo Technology Group and Qualcomm.
Credo is betting big on AEC adoption, new product families and a $750M DustPhotonics deal - while Coherent scales transceivers and OCS.
CRDO jumped 8.3% after teaming with Rebellions to integrate ZeroFlap cables into RebelPOD, targeting scalable AI factories for enterprise inference.
I'm initiating coverage on Credo Technology (NASDAQ:CRDO | CRDO Price Prediction) after one of the wildest weeks in the AI connectivity trade.
This connectivity company is cashing in on the AI boom.
[url="]Credo Technology Group Holding Ltd[/url] (Credo) (NASDAQ: CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-effi
[url="]Credo Technology Group Holding Ltd[/url] (Credo) (NASDAQ: CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-effi
SAN JOSE, Calif. & SEOUL, South Korea--(BUSINESS WIRE)-- #WeConnect--Credo and Rebellions are working together to maximize operational efficiency in enterprise AI factories.
SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, today announced that Bill Brennan, President and CEO, and Dan Fleming, CFO, are scheduled to present at the following upcoming investor conferences. Conference: 2026 Evercore TMT Global Conference Date: Wednesday, June 3, 2026 Time: 8:20 a.m. PT Location: San Francisco, California Conference:.
Credo (NASDAQ:CRDO | CRDO Price Prediction) slid from $210.97 on May 11 to below $160 in five trading days, and the only question that matters at this price is whether hyperscaler capex still justifies n 87x trailing earnings multiple.
Jefferies, an investment banking and capital management firm, has updated its ‘Franchise Picks' list, which features the company's highest-conviction ‘Buy' rated stocks.
CRDO's strong cash position and record growth are powering expansion through AEC scaling, optics bets and strategic acquisitions.
I am opening with the verdict because the setup matters. Credo Technology (NASDAQ:CRDO | CRDO Price Prediction) has staged one of the most explosive rallies in the AI infrastructure complex, but our proprietary model suggests the run has gotten ahead of fundamentals.
Credo generated $407 million in Q3 revenue, growing 218% year over year with nearly 50% operating margins. Management increasingly positions Credo as an AI reliability platform spanning copper, optics, telemetry, and near-package connectivity architectures. ZeroFlap optical deployments were accelerated into fiscal 2027 as hyperscaler customers demanded higher reliability and lower downtime risk.
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Credo Technology Group is a core AI infrastructure play, enabling high-speed, power-efficient data movement in leading data centers. CRDO's technical edge in AECs, optics, PCIe, and telemetry positions it as a platform, not just a parts vendor, with strong hyperscaler adoption. Financials show hypergrowth: FY25 revenue up 126% YoY to $437M, gross margins near 69%, and non-GAAP net margin above 50%.
The aggressive rise in Credo Technology's market value raises concerns about whether this trend will continue. The main risk is the head-to-head competition between copper and optics, but while the winner is still being determined, the company is beginning its transformation. Despite the lack of a discount in CRDO's current valuation, I am becoming more confident in a "buy" rating.
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The AI optics trade is taking a breather. Shares of Applied Optoelectronics (NASDAQ:AAOI) are down 14% in midday trading, while Coherent (NYSE:COHR | COHR Price Prediction) is off 10% and Lumentum (NASDAQ:LITE) is sliding 7%.
Credo Technology Group Holding Ltd. is a leading provider of high-quality, rapid data transfer solutions essential for data centers and cloud infrastructure. CRDO benefits from strong, multi-year demand driven by megacap capex and the ongoing AI infrastructure buildout. Despite a premium valuation and recent 300% stock surge, I rate CRDO stock a Buy due to its critical role in the data center ecosystem.
Most investors chasing AI have been looking at the same 10 names for three years. The next chapter belongs to the infrastructure layer below the headlines -- and two companies are quietly writing it.
Credo Technology Group is emerging as a critical enabler of AI infrastructure, focusing on high-speed, low-power connectivity within hyperscale data centers. CRDO delivered Q3 FY2026 revenue of $407M (up 201.5% YoY) and GAAP gross margin of 68.5%, demonstrating strong operating leverage and demand realization. With a robust product roadmap, including the Cardinal 1.6T optical DSP, CRDO is positioned to capitalize on hyperscale AI cluster growth and bandwidth bottlenecks.
