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Credo Technology Group Holding Ltd

CRDOTechnologyNASDAQ

Semiconductors

PriceMA150MA200
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Financials · Annual
Revenue
$436.8M
+126.3% YoY
Net Income
$52.2M
+283.9% YoY
EBITDA
$59.9M
+366.1% YoY
Free Cash Flow
$172.2M

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About Credo Technology Group Holding Ltd

Headquartered within the technology sector, Credo Technology Group Holding Ltd focuses on Semiconductors services and products. 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. With a market capitalization of $43.54B, it sits in large-cap territory. It provides HiWire active electrical cables solutions, including HiWire CLOS, SPAN, SHIFT, and SWITCH; optical PAM4 digital signal processors; low-power line card PHY; serializer/deserializer (SerDes) chiplets; and SerDes IP, as well as integrated circuits.

Key stats
Market Cap$43.54B
P/E (TTM)130.40
Fwd P/E42.79
EPS$1.82
Beta3.18
52W Change+276.7%
ROE27.5%
Analysis

With $1.30B in cash and $16.3M in debt, CRDO maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. Annual free cash flow of $172.2M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 27.5%, which is strong for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Return on assets of 14.7% further supports the picture of efficient asset utilization. Revenue has grown from $106.5M (2022) to $436.8M (2025), reflecting a 310% increase over the period.

Credo Technology Group Holding Ltd's elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. With cash comfortably exceeding debt, CRDO has financial flexibility that may help navigate uncertain periods. The elevated P/E ratio means the stock is priced for significant future growth. If earnings disappoint, the price correction could be sharp. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing CRDO.

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