Skip to main content

Credo Technology Group Holding (CRDO) Stock Analysis

Temp Headwind edge

HoldVALUE-TRAP 1/5Moderate Confidence

Technology · Semiconductors

Hold if already holding. Not a fresh buy at $170.30, but acceptable to hold if already in. Reasons: Concentration risk — Customer: single largest customer (67.0%); Concentration risk — Customer: top-10 customers (90.0%).

Credo Technology designs high-speed connectivity solutions—including Active Electrical Cables, optical DSPs, PCIe retimers, and SerDes chiplets—for hyperscale data centers and AI/ML infrastructure. Revenue was $436.8M in fiscal 2025, with 97% from product sales, and one customer... Read more

$170.30+11.4% A.UpsideScore 5.6/10#17 of 45 Semiconductors
QualityF-score8 / 9FCF yield0.60%
Stop $157.16Target $188.18(analyst − 10%)A.R:R 0.8:1
Analyst target$209.09+22.8%18 analysts
$188.18our TP
$170.30price
$209.09mean
$260

Hold if already holding. Not a fresh buy at $170.30, but acceptable to hold if already in. Reasons: Concentration risk — Customer: single largest customer (67.0%); Concentration risk — Customer: top-10 customers (90.0%). Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Multiple concerning factors. Consider reducing position. | News modifier +2 (SELL_IF_HOLDING → HOLD_IF_HOLDING) Score 5.6/10, moderate confidence.

Passes 5/8 gates (clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.

Recent Developments — Credo Technology Group Holding

Generated 2026-05-20T20:21:21Z.

Thesis

Rewards
V7 flight-to-quality bonus: +0.5 (Q=8.3 in RISK_OFF)
Strong earnings beat streak (4/4)
Positive news sentiment (+1.00)
Risks
Concentration risk — Customer: single largest customer (67.0%)
Concentration risk — Customer: top-10 customers (90.0%)
Sector modifier (Technology): -0.8

Key Metrics

P/E (TTM)86.3
P/E (Fwd)28.3
Mkt Cap$28.8B
EV/EBITDA78.6
Profit Mgn31.8%
ROE27.5%
Rev Growth201.5%
Beta3.18
DividendNone
Rating analysts25

Quality Signals

Piotroski F8/9MoatWideCompounder

Options Flow

P/C0.65bullish
IV124%elevated

Concentration Risks(10-K Item 1A)

  • HIGHCustomersingle largest customer67%
    10-K Item 1: 'we had one customer that accounted for 10% or more of our total revenue (such one customer accounting for 67% of total fiscal 2025 revenue)'
  • HIGHCustomertop-10 customers90%
    10-K Item 1: 'sales to our top 10 customers accounted for approximately 90% of our total revenue'
  • HIGHSupplierTSMC
    10-K Item 1: 'In fiscal year 2025, we exclusively used Taiwan Semiconductor Manufacturing Company Limited (TSMC) for semiconductor wafer production.'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

1 floor-breaker

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Macd
0.0
Obv
1.0
Rsi
5.5
Volume
5.8
Ma Position
6.0
Volume distribution (falling OBV)Above 200-day MA
GatesMomentum 3.7<4.5A.R:R 0.8 < 1.5@spotEARNINGS PROXIMITY 13d<=14d (soft)Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Aggressive
RSI
47 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $148.94Resistance $210.97

Price Targets

$157
$188
A.Upside+10.5%
A.R:R0.8:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeRisk-Off

Risk Alerts

! NEWS_MOD=+2: SELL_IF_HOLDING → HOLD_IF_HOLDING
! Momentum score 3.7/10 — below 4.5 minimum
! Reward/Risk 0.8:1 at current price — below 1.5:1 minimum

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-06-01 (13d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is CRDO stock a buy right now?

Hold if already holding. Not a fresh buy at $170.30, but acceptable to hold if already in. Reasons: Concentration risk — Customer: single largest customer (67.0%); Concentration risk — Customer: top-10 customers (90.0%). Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Multiple concerning factors. Consider reducing position. | News modifier +2 (SELL_IF_HOLDING → HOLD_IF_HOLDING) Target $188.18 (+10.5%), stop $157.16 (−8.4%), A.R:R 0.8:1. Score 5.6/10, moderate confidence.

What is the CRDO stock price target?

Take-profit target: $188.18 (+11.4% upside). Target $188.18 (+10.5%), stop $157.16 (−8.4%), A.R:R 0.8:1. Stop-loss: $157.16.

What are the risks of investing in CRDO?

Concentration risk — Customer: single largest customer (67.0%); Concentration risk — Customer: top-10 customers (90.0%); Sector modifier (Technology): -0.8.

Is CRDO overvalued or undervalued?

Credo Technology Group Holding trades at a P/E of 86.3 (forward 28.3). TrendMatrix value score: 4.2/10. Verdict: Hold.

What do analysts say about CRDO?

25 analysts cover CRDO with a consensus score of 4.3/5. Average price target: $209.

What does Credo Technology Group Holding do?Credo Technology designs high-speed connectivity solutions—including Active Electrical Cables, optical DSPs, PCIe...

Credo Technology designs high-speed connectivity solutions—including Active Electrical Cables, optical DSPs, PCIe retimers, and SerDes chiplets—for hyperscale data centers and AI/ML infrastructure. Revenue was $436.8M in fiscal 2025, with 97% from product sales, and one customer represented 67% of total fiscal 2025 revenue. Its mature-node SerDes IP enables cost-competitive designs without leading-edge fab capital costs.

Related stocks: ALAB (Astera Labs, Inc.) · SIMO (Silicon Motion Technology Corpo) · NXPI (NXP Semiconductors N.V.) · MPWR (Monolithic Power Systems, Inc.) · ADI (Analog Devices, Inc.)