Added to YB: 2026-09-07
Pitch date: 2026-09-03
CRDO [neutral]
Credo Technology Group Holding Ltd
Author Info
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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 other international markets.
Market Cap
$30.9B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
54.92
P/E
57.98
EV/Sales
18.93
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Credo Q1: Why I Think the H2 Ramp Happens
CRDO (earnings): Credo’s H2 ramp looks achievable after Q1 revenue rose 115% year over year to $479M and management raised FY2027 growth guidance from above 80% to above 85%. Meeting the resulting ~$2.47B floor requires roughly $730M per quarter in H2, supported by products already shipping, $333.5M of FY2027 manufacturing commitments and $313M of inventory. The risk is that concentrated customers can delay or cancel orders, leaving supplier commitments unmatched.
Read full article (4 min)