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 Kong, and internationally. 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. The company also offers intellectual property solutions consist of SerDes IP licensing. In addition, it offers predictive integrity link optimization and telemetry; PCIe retimer solutions; and support and maintenance, engineering, and royalties services. The company sells its products to hyperscalers, original equipment manufacturers, original design manufacturers, and optical module manufacturers, as well as into the enterprise and HPC markets. Credo Technology Group Holding Ltd was founded in 2008 and is based in Grand Cayman, the Cayman Islands.
AI-Driven Growth | Credo's focus on AI infrastructure and active electrical cables propels impressive revenue growth, with analysts projecting substantial increases in EPS and sales |
Market Dominance | Explore Credo's strategic position in the AEC market, enabling power-efficient AI clusters and attracting major customers like Amazon Web Services |
Diversification Strategy | Delve into Credo's efforts to expand its customer base, with seven customers now contributing over 5% of sales, reducing reliance on single clients |
Future Prospects | Analysts project a 74% CAGR in EPS between 2024-2027, with price targets ranging from $80 to $90, reflecting optimism about Credo's market potential |
Metrics to compare | CRDO | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipCRDOPeersSector | |
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P/E Ratio | 209.0x | 80.0x | 12.2x | |
PEG Ratio | 0.40 | 1.24 | 0.01 | |
Price/Book | 33.5x | 4.7x | 2.4x | |
Price / LTM Sales | 43.6x | 8.2x | 2.4x | |
Upside (Analyst Target) | 10.8% | −1.2% | 13.8% | |
Fair Value Upside | Unlock | 19.4% | 2.2% | Unlock |