Credo Technology Group Holding Ltd (CRDO) is a Technology stock trading at $231.18 (as of 2026-08-20), with a market capitalization of $43.11B and a trailing P/E of 91.3. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Mexico, Mainland China, Hong Kong, and internationally. Its products include integrated circuits, active electrical cables, and SerDes chiplets that are based on its serializer/deserializer and digital signal processor technologies. The company also offers intellectual property solutions consist of SerDes IP licensing. The company was founded in 2008 and is headquartered in San Jose, California.
Credo Technology provides high-speed connectivity solutions for optical and electrical Ethernet applications, it makes money by selling connectivity products and by licensing its SerDes intellectual property.
Credo’s profit engine is the mix between product revenue (connectivity products such as integrated circuits, active electrical cables, and SerDes chiplets) and SerDes IP licensing revenue, since both streams contribute to total revenue and the reported intellectual property revenue mix is a key composition driver.
| Product | $0.3B |
| IP License | $0.0B |
| Other | $0.1B |
Business quality (Strong): The company’s fundamentals appear strong on profitability metrics (high gross margin and operating margin), but investor visibility depends heavily on a small set of operating indicators, and the customer base is concentrated (few end customers and a large share from the largest customers).
Valuation: At 95× earnings, CRDO trades 86% above the Semiconductors average (51×). Note: one-time items can distort reported P/E.
| Price | $231.18 |
| Market Cap | $43.11B |
| P/E Ratio | 91.3 |
| EV / EBITDA | 87.5 |
| Price / Book | 20.89 |
| Price / Sales | 32.29 |
| FCF Yield | 0.9% |
| DCF Value (model) | $46.45 |
| DCF Upside vs Price | -79.9% |
| Revenue (TTM) | $1.34B |
| Net Margin | 35.4% |
| Revenue Growth (YoY) | 205.7% |
| EPS Growth (YoY) | 754.8% |
| FCF Growth (YoY) | 1302.4% |
| Altman Z-Score | 113.89 (safe) |
| Stock P/E | 91.3 |
| Sector P/E (Technology) | 33.9 |
| Industry P/E (Electronic Equipment) | 39.4 |
| vs Sector | 169.0% |
| vs Industry | 131.7% |
| Top Institutional Holder | VANGUARD GROUP INC ($2.39B) |
| Institutional Holders Tracked | 10 |
| Congressional Trades (recent) | 10 |
| Sector | Technology |
| Industry | Electronic Equipment |
| CEO | William J. Brennan |
| Employees | 500 |
| Country | US |
| IPO Date | 2022-01-27 |
Data as of 2026-08-20.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.