Added to YB: 2026-02-12
Pitch date: 2026-02-10
CRDO [neutral]
Credo Technology Group Holding Ltd
-2.75%
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
$22.5B
Pitch Price
$134.35
Price Target
N/A
Dividend
N/A
EV/EBITDA
94.72
P/E
112.27
EV/Sales
27.31
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Credo Just Proved the Optical Thesis
CRDO (earnings): Q3 rev $404-408M vs guide of $335-345M (+18% beat) & consensus $248M. +51% sequential growth. 88% AEC market share displacing optics at short distances (saves $1K/GPU, 1000x better reliability). Blue Heron 224G AI scale-up retimer extends copper into NVLink domain pre-optical transition. $10B+ TAM across 5 pillars. Bears note: Q4 guide only mid-single digit sequential after 51% Q3 jump—timing/lumpy orders or demand cliff? Amazon $200B capex validates interconnect demand surge.
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