Added to YB: 2026-09-14
Pitch date: 2026-09-10
CRDO [bullish]
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
$31.6B
Pitch Price
N/A
Price Target
250.00
Dividend
N/A
EV/EBITDA
56.20
P/E
59.30
EV/Sales
19.37
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Credo ($CRDO) Deep Dive
CRDO (pass): Credo is a good company benefiting from the AI connectivity buildout, with quarterly revenue up 115% year over year, ~80% AEC share and a post-drawdown valuation of ~22x forward earnings; a DCF yields a $250 target and 49% upside. Still, its short public track record, significant prospective dilution and surmountable competitive advantages leave insufficient confidence in long-term ROIC durability, so existing holdings are preferred.
Read full article (17 min)