Mostly Markets

Credo TechnologyCRDO

Semiconductors
High quality
$150.99−8.65%After hours: $152.10 (+0.74%)At the close, 30 Oct · Prices from CNBC, may be delayed
▼ 12.0% over 1 year
Credo Technology over 1 yearDaily close, $, to 30 Oct 2026
$100$200$300Nov2026MarMayJulSep$150.99$100$200$300NovMarJul$150.99
Source: Nasdaq daily closes
Market value$28.38B
Price to earnings53.9x
Forward P/E20.7x
Dividend yield–
Year to date+4.9%
One year−12.0%
Next earningsNot scheduled
52-week range (closes)
$87.81$302.52

Quality and valuation

How Credo Technology compares with other information technology stocks. A description, not a recommendation.

Credo Technology and 6 semiconductors peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: stronger than mostValuation: in line with its sector

A stronger business than most information technology companies, priced about in line with them.

Credo Technology trades at 20.7 times the next 12 months of expected earnings, against a median of 22.2x for the 99 information technology stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +165.1% vs +20.6%
  • Keeps more of each sale (gross margin): 67.1% vs 61.5%
  • More profitable (operating margin): 31.7% vs 17.0%
  • Turns more of its sales into cash: 27.6% vs 21.7%
CRDO trades at 20.7x forward earnings, below the sector medianForward p/e, Semiconductors peers
MU5.0xNVDA16.9xAVGO18.8xTSM19.8xCRDO20.7xTXN28.7xINTC38.4xAMD44.8xSector median 22.2xMU5.0xNVDA16.9xAVGO18.8xTSM19.8xCRDO20.7xTXN28.7xINTC38.4xAMD44.8xSector median 22.2x
Source: CNBC quotes; Mostly Markets

Financials

From Credo Technology's SEC filings, through the quarter ending 1 Aug 2026. Hover or tap a bar for its value.

Revenue grew 114.7% from a year earlierQuarterly revenue, $m, latest Q1 ’27
$0m$200m$400mQ2 ’25Q4 ’25Q2 ’26$479mQ1 ’27$0m$200m$400mQ2 ’25Q4 ’25Q2 ’26$479mQ1 ’27
Source: SEC filings
Growth slowed to +114.7% last quarterRevenue growth, year on year, %
0%100%200%Q2 ’25Q4 ’25Q2 ’26114.7%Q1 ’270%100%200%Q2 ’25Q4 ’25Q2 ’26114.7%Q1 ’27
Source: SEC filings
Operating margin was 25.2% last quarterOperating income as a share of revenue, %
0%20%Q2 ’25Q4 ’25Q2 ’2625.2%Q1 ’270%20%Q2 ’25Q4 ’25Q2 ’2625.2%Q1 ’27
Source: SEC filings
Free cash flow was $439 million over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $m
$0m$50m$100m$150mQ2 ’25Q4 ’25Q2 ’26$83mQ1 ’27$0m$100mQ2 ’25Q4 ’25Q2 ’26$83mQ1 ’27
Source: SEC filings
Last 12 monthsCRDOSector median
Revenue growth+165.1%+20.6%
Gross margin67.1%61.5%
Operating margin31.7%17.0%
Free cash flow margin27.6%21.7%
Price to earnings53.9x33.1x

Stories on Credo Technology

Friday, 30 October
Why it moved

AMD, Arm and Qualcomm Shares Slide After Intel's Forecast: What Happened

AMD, Arm and Qualcomm each fell more than 12% on Friday as Intel's weak forecast and new worries about AI spending set off a broad chip selloff.

AMD▼ 12.8%
Three computer chips sliding down an icy slope

Similar companies

Semiconductors, by market value.

CompanyPriceTodayYTDValue
NVDANvidia$204.64−4.22%+9.7%$4.93T
TSMTaiwan Semiconductor$406.13−5.95%+33.6%$2.11T
AVGOBroadcom$326.08−5.48%−5.8%$1.56T
MUMicron Technology$884.74−5.30%+210.0%$1.00T
AMDAMD$504.80−10.88%+135.7%$824B
INTCIntel$65.76−28.58%+78.2%$348B
TXNTexas Instruments$300.84−3.40%+73.4%$275B
ARMArm Holdings$205.97−9.97%+88.4%$220B