Professional
Added to YB: 2026-09-22
Pitch date: 2026-09-20
CRDO [bullish]
Credo Technology Group Holding Ltd
+3.52%
current return
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
$33.1B
Pitch Price
$180.91
Price Target
345.00 (+96%)
Dividend
N/A
EV/EBITDA
58.93
P/E
62.12
EV/Sales
20.31
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Credo: $245 PT After Multiple Compression, $345 Bull Case Intact
CRDO: Credo’s estimates are rising even as Mizuho cut its target from $290 to $245 on sector-driven multiple compression to 13x sales from 15x; its 16x bull case remains $345. Longer-lived GB300 demand, early 1.6T adoption, hyperscaler and neocloud ramps, and optical revenue projected above $600M in F27E support the bullish thesis.
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