(CRDO) Credo Technology Holding - Overview
Exchange: NASDAQ •
Country: Cayman Islands •
Currency: USD •
Type: Common Stock •
ISIN: KYG254571055
Stock:
Total Rating 67
Risk 38
Buy Signal -1.51
| Risk 5d forecast | |
|---|---|
| Volatility | 85.0% |
| Relative Tail Risk | -6.56% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.19 |
| Alpha | 37.40 |
| Character TTM | |
|---|---|
| Beta | 3.338 |
| Beta Downside | 3.543 |
| Drawdowns 3y | |
|---|---|
| Max DD | 61.05% |
| CAGR/Max DD | 2.08 |
EPS (Earnings per Share)
Revenue
Primary Risks
P/E ratio: 112.6379
Description: CRDO Credo Technology Holding
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. It provides HiWire active electrical cables solutions, including HiWire CLOS, SPAN, SHIFT, and SWITCH; optical PAM4 digital signal processors; low-power line card PHY; serializer/deserializer (SerDes) chiplets; and SerDes IP, as well as integrated circuits. The company also offers intellectual property solutions consist of SerDes IP licensing. In addition, it offers predictive integrity link optimization and telemetry; PCIe retimer solutions; and support and maintenance, engineering, and royalties services. The company sells its products to hyperscalers, original equipment manufacturers, original design manufacturers, and optical module manufacturers, as well as into the enterprise and HPC markets. Credo Technology Group Holding Ltd was founded in 2008 and is based in Grand Cayman, the Cayman Islands.
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income: 212.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA 14.60 > 1.0 |
| NWC/Revenue: 138.6% < 20% (prev 199.0%; Δ -60.40% < -1%) |
| CFO/TA 0.12 > 3% & CFO 177.9m > Net Income 212.0m |
| Net Debt (-554.8m) to EBITDA (221.9m): -2.50 < 3 |
| Current Ratio: 8.86 > 1.5 & < 3 |
| Outstanding Shares: last quarter (185.5m) vs 12m ago 11.40% < -2% |
| Gross Margin: 66.76% > 18% (prev 0.63%; Δ 6613 % > 0.5%) |
| Asset Turnover: 76.26% > 50% (prev 38.46%; Δ 37.80% > 0%) |
| Interest Coverage Ratio: -30.47 > 6 (EBITDA TTM 221.9m / Interest Expense TTM -6.87m) |
Altman Z'' 6.88
| A: 0.76 (Total Current Assets 1.24b - Total Current Liabilities 140.4m) / Total Assets 1.45b |
| B: 0.04 (Retained Earnings 62.9m / Total Assets 1.45b) |
| C: 0.20 (EBIT TTM 209.2m / Avg Total Assets 1.04b) |
| D: 0.38 (Book Value of Equity 62.2m / Total Liabilities 163.2m) |
| Altman-Z'' Score: 6.88 = AAA |
Beneish M -0.63
| DSRI: 0.74 (Receivables 245.2m/101.8m, Revenue 796.1m/245.6m) |
| GMI: 0.95 (GM 66.76% / 63.24%) |
| AQI: 2.72 (AQ_t 0.07 / AQ_t-1 0.03) |
| SGI: 3.24 (Revenue 796.1m / 245.6m) |
| TATA: 0.02 (NI 212.0m - CFO 177.9m) / TA 1.45b) |
| Beneish M-Score: -0.63 (Cap -4..+1) = D |
What is the price of CRDO shares?
As of February 25, 2026, the stock is trading at USD 120.83 with a total of 3,999,241 shares traded.
Over the past week, the price has changed by -3.18%, over one month by -5.62%, over three months by -19.90% and over the past year by +100.63%.
Over the past week, the price has changed by -3.18%, over one month by -5.62%, over three months by -19.90% and over the past year by +100.63%.
Is CRDO a buy, sell or hold?
Credo Technology Holding has received a consensus analysts rating of 4.62.
Therefore, it is recommended to buy CRDO.
- StrongBuy: 9
- Buy: 3
- Hold: 1
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the CRDO price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 205.8 | 70.3% |
| Analysts Target Price | 205.8 | 70.3% |
CRDO Fundamental Data Overview February 21, 2026
P/E Trailing = 112.6379
P/E Forward = 28.0899
P/S = 29.6452
P/B = 17.0565
Revenue TTM = 796.1m USD
EBIT TTM = 209.2m USD
EBITDA TTM = 221.9m USD
Long Term Debt = 16.4m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 3.34m USD (from shortTermDebt, last fiscal year)
Debt = 12.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -554.8m USD (from netDebt column, last quarter)
Enterprise Value = 22.80b USD (23.60b + Debt 12.8m - CCE 813.6m)
Interest Coverage Ratio = -30.47 (Ebit TTM 209.2m / Interest Expense TTM -6.87m)
EV/FCF = 158.8x (Enterprise Value 22.80b / FCF TTM 143.6m)
FCF Yield = 0.63% (FCF TTM 143.6m / Enterprise Value 22.80b)
FCF Margin = 18.04% (FCF TTM 143.6m / Revenue TTM 796.1m)
Net Margin = 26.63% (Net Income TTM 212.0m / Revenue TTM 796.1m)
Gross Margin = 66.76% ((Revenue TTM 796.1m - Cost of Revenue TTM 264.6m) / Revenue TTM)
Gross Margin QoQ = 67.55% (prev 67.41%)
Tobins Q-Ratio = 15.73 (Enterprise Value 22.80b / Total Assets 1.45b)
Interest Expense / Debt = 13.29% (Interest Expense 1.70m / Debt 12.8m)
Taxrate = 1.25% (1.05m / 83.7m)
NOPAT = 206.6m (EBIT 209.2m * (1 - 1.25%))
Current Ratio = 8.86 (Total Current Assets 1.24b / Total Current Liabilities 140.4m)
Debt / Equity = 0.01 (Debt 12.8m / totalStockholderEquity, last quarter 1.29b)
Debt / EBITDA = -2.50 (Net Debt -554.8m / EBITDA 221.9m)
Debt / FCF = -3.86 (Net Debt -554.8m / FCF TTM 143.6m)
Total Stockholder Equity = 841.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 20.31% (Net Income 212.0m / Total Assets 1.45b)
RoE = 25.18% (Net Income TTM 212.0m / Total Stockholder Equity 841.8m)
RoCE = 24.38% (EBIT 209.2m / Capital Employed (Equity 841.8m + L.T.Debt 16.4m))
RoIC = 24.54% (NOPAT 206.6m / Invested Capital 841.8m)
WACC = 18.21% (E(23.60b)/V(23.61b) * Re(18.21%) + D(12.8m)/V(23.61b) * Rd(13.29%) * (1-Tc(0.01)))
Discount Rate = 18.21% (= CAPM, Blume Beta Adj.) -> capped to 17.85%
Shares Correlation 3-Years: 100.0 | Cagr: 11.11%
[DCF Debug] Terminal Value 38.22% ; FCFF base≈143.6m ; Y1≈94.3m ; Y5≈43.0m
Fair Price DCF = 4.89 (EV 327.8m - Net Debt -554.8m = Equity 882.5m / Shares 180.6m; r=18.21% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: 76.36 | EPS CAGR: 128.9% | SUE: 3.17 | # QB: 5
Revenue Correlation: 87.31 | Revenue CAGR: 76.55% | SUE: 2.97 | # QB: 5
EPS current Year (2026-04-30): EPS=3.12 | Chg30d=+0.340 | Revisions Net=+9 | Growth EPS=+346.1% | Growth Revenue=+203.5%
EPS next Year (2027-04-30): EPS=4.40 | Chg30d=+0.646 | Revisions Net=+9 | Growth EPS=+40.9% | Growth Revenue=+41.4%
P/E Forward = 28.0899
P/S = 29.6452
P/B = 17.0565
Revenue TTM = 796.1m USD
EBIT TTM = 209.2m USD
EBITDA TTM = 221.9m USD
Long Term Debt = 16.4m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 3.34m USD (from shortTermDebt, last fiscal year)
Debt = 12.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -554.8m USD (from netDebt column, last quarter)
Enterprise Value = 22.80b USD (23.60b + Debt 12.8m - CCE 813.6m)
Interest Coverage Ratio = -30.47 (Ebit TTM 209.2m / Interest Expense TTM -6.87m)
EV/FCF = 158.8x (Enterprise Value 22.80b / FCF TTM 143.6m)
FCF Yield = 0.63% (FCF TTM 143.6m / Enterprise Value 22.80b)
FCF Margin = 18.04% (FCF TTM 143.6m / Revenue TTM 796.1m)
Net Margin = 26.63% (Net Income TTM 212.0m / Revenue TTM 796.1m)
Gross Margin = 66.76% ((Revenue TTM 796.1m - Cost of Revenue TTM 264.6m) / Revenue TTM)
Gross Margin QoQ = 67.55% (prev 67.41%)
Tobins Q-Ratio = 15.73 (Enterprise Value 22.80b / Total Assets 1.45b)
Interest Expense / Debt = 13.29% (Interest Expense 1.70m / Debt 12.8m)
Taxrate = 1.25% (1.05m / 83.7m)
NOPAT = 206.6m (EBIT 209.2m * (1 - 1.25%))
Current Ratio = 8.86 (Total Current Assets 1.24b / Total Current Liabilities 140.4m)
Debt / Equity = 0.01 (Debt 12.8m / totalStockholderEquity, last quarter 1.29b)
Debt / EBITDA = -2.50 (Net Debt -554.8m / EBITDA 221.9m)
Debt / FCF = -3.86 (Net Debt -554.8m / FCF TTM 143.6m)
Total Stockholder Equity = 841.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 20.31% (Net Income 212.0m / Total Assets 1.45b)
RoE = 25.18% (Net Income TTM 212.0m / Total Stockholder Equity 841.8m)
RoCE = 24.38% (EBIT 209.2m / Capital Employed (Equity 841.8m + L.T.Debt 16.4m))
RoIC = 24.54% (NOPAT 206.6m / Invested Capital 841.8m)
WACC = 18.21% (E(23.60b)/V(23.61b) * Re(18.21%) + D(12.8m)/V(23.61b) * Rd(13.29%) * (1-Tc(0.01)))
Discount Rate = 18.21% (= CAPM, Blume Beta Adj.) -> capped to 17.85%
Shares Correlation 3-Years: 100.0 | Cagr: 11.11%
[DCF Debug] Terminal Value 38.22% ; FCFF base≈143.6m ; Y1≈94.3m ; Y5≈43.0m
Fair Price DCF = 4.89 (EV 327.8m - Net Debt -554.8m = Equity 882.5m / Shares 180.6m; r=18.21% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: 76.36 | EPS CAGR: 128.9% | SUE: 3.17 | # QB: 5
Revenue Correlation: 87.31 | Revenue CAGR: 76.55% | SUE: 2.97 | # QB: 5
EPS current Year (2026-04-30): EPS=3.12 | Chg30d=+0.340 | Revisions Net=+9 | Growth EPS=+346.1% | Growth Revenue=+203.5%
EPS next Year (2027-04-30): EPS=4.40 | Chg30d=+0.646 | Revisions Net=+9 | Growth EPS=+40.9% | Growth Revenue=+41.4%