Credo Technology Group Holding Ltd (CRDO) Stock Price & Analysis
Credo Technology Group Holding Ltd (CRDO) rose 5.42% to USD 234.32 as of June 9, 2026 at 23:49 UTC, according to Nexqual real-time market data.
CRDO last closed at USD 222.27; the session ranged USD 209.55–252.7 on volume of 15,591,046 shares. Market capitalization is $43.22B, with a 52-week range of USD 66.75–252.7 (NMS). Source: Nexqual, June 9, 2026 at 23:49 UTC.
Key Statistics (as of June 9, 2026 at 23:49 UTC)
| Price | USD 234.32 |
|---|---|
| Change | ▲ 5.42% (up) |
| Previous Close | USD 222.27 |
| Open | USD 226.5 |
| Day Range | USD 209.55 – 252.7 |
| 52-Week Range | USD 66.75 – 252.7 |
| Volume | 15,591,046 shares |
| Market Cap | $43.22B |
| Exchange | NMS |
Technical Analysis (CRDO)
Nexqual's technical model rates CRDO "STRONG BUY" based on 5 bullish and 0 bearish signals across 124 daily candles, as of June 9, 2026 at 23:49 UTC.
| Overall Signal | STRONG BUY |
|---|---|
| RSI (14) | 60.61 (neutral) |
| vs SMA50 | Above (USD 175.84) |
| MACD | 13.84 (positive) |
Analyst Ratings (CRDO)
Wall Street analysts rate CRDO "Strong Buy" based on 18 analysts, with a mean price target of USD 256.3 (range USD 184–300), per Nexqual as of June 9, 2026 at 23:49 UTC.
| Consensus Rating | Strong Buy |
|---|---|
| Analyst Count | 18 |
| Mean Target | USD 256.3 |
| High Target | USD 300 |
| Low Target | USD 184 |
| Buy / Hold / Sell | 17 / 1 / 0 |
Earnings (CRDO)
| Next Earnings Date | 2026-06-01 |
|---|---|
| EPS Estimate | USD 1.16 |
| Revenue Estimate | $470.41M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-04-30 | USD 1.16 vs est 1.03 ▲ beat |
| 2026-01-31 | USD 1.07 vs est 0.94 ▲ beat |
| 2025-10-31 | USD 0.67 vs est 0.5 ▲ beat |
| 2025-07-31 | USD 0.52 vs est 0.36 ▲ beat |
Source: Nexqual, June 9, 2026 at 23:49 UTC.
Financials & Fundamentals (CRDO)
| Total Revenue | $1.34B |
|---|---|
| Revenue Growth (YoY) | +157.00% |
| Gross Margin | +68.04% |
| Operating Margin | +35.66% |
| Profit Margin | +35.37% |
| ROE | +34.41% |
| Debt / Equity | 1 |
| Current Ratio | 10.15 |
| Total Cash | $1.44B |
| Total Debt | $20.62M |
Source: Nexqual, June 9, 2026 at 23:49 UTC.
Financial Health Score (CRDO)
Nexqual rates Credo Technology Group Holding Ltd's overall financial health "Strong" across five dimensions, as of June 9, 2026 at 23:49 UTC.
| Growth | Strong — Revenue +206% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 68%, operating 36% |
| Balance Sheet | Strong — $1.44B cash vs $21M debt, net cash position |
| Cash Flow | Mixed — No data |
| Efficiency | Strong — ROE 34%, ROA 17.9% |
Ownership (CRDO)
| Insider Ownership | +11.13% |
|---|---|
| Institutional Ownership | +76.64% |
| Shares Outstanding | 184.45M |
| Float | 165.82M |
| Short % of Float | +6.83% |
Source: Nexqual, June 9, 2026 at 23:49 UTC.
Leadership (CRDO)
Credo Technology Group Holding Ltd is led by William J. Brennan (age 61), President, CEO & Chairman, per Nexqual as of June 9, 2026 at 23:49 UTC.
| President, CEO & Chairman | William J. Brennan (age 61) |
|---|---|
| Co-founder, CTO & Director | Chi Fung Cheng (age 56) |
| Co-founder, COO & Director | Yat Tung Lam (age 58) |
| Chief Financial Officer | Daniel Fleming (age 58) |
| Vice President of Corporate Development | David Matukaitis |
Major Backers & Investors (CRDO)
Notable institutional backers of Credo Technology Group Holding Ltd include Point72 Asset Management, L.P., Wellington Management, FMR, LLC, according to Nexqual as of June 9, 2026 at 23:49 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Point72 Asset Management, L.P. | 4.06% |
| Wellington Management | 1.85% |
| FMR, LLC | 1.48% |
| Srs Investment Management, Llc | 1.36% |
| Alliancebernstein L.P. | 1.08% |
| Fidelity | 0.81% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 16.59% |
| BlackRock | 15.71% |
| State Street | 2.64% |
| Geode Capital | 2.37% |
Source: Nexqual, June 9, 2026 at 23:49 UTC.
From Credo Technology Group Holding Ltd's Latest SEC 10-K Filing (filed 2025-07-02)
Key Strengths & Strategy (as disclosed to the SEC)
- Our proprietary SerDes and DSP technologies enable us to achieve similar performance to leading competitors' products but at a lower cost and more highly available legacy node (n-1 advantage).
- PILOT Software Platform: Credo's proprietary Predictive Integrity, Link Optimization and Telemetry (PILOT) software empowers network administrators to detect, diagnose, and resolve signal degradation before it impacts workloads—dramatically reducing link flaps and minimizing costly system maintenance and down-time.
- We contract with a variety of manufacturing partners to build our products based on our proprietary SerDes and DSP technologies.
- Our products and technologies address our customers' various bandwidth, power, cost, security, reliability and end-to-end signal integrity requirements.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| ALAB | Astera Labs, Inc. | USD 341.7 | ▲ 7.77% |
| COHR | Coherent Corp. | USD 355.94 | ▼ 5.58% |
| NBIS | Nebius Group N.V. | USD 220.12 | ▼ 3.38% |
| VRT | Vertiv Holdings, LLC | USD 289.52 | ▼ 3.66% |
| CLS | Celestica, Inc. | USD 371.86 | ▲ 0.04% |
Data source: Nexqual — real-time market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: June 9, 2026 at 23:49 UTC. This page is informational and not investment advice.