Why Credo Tech is on Investors' Radars

Investor Interest and Analyst Ratings

• 13 Research Firms are closely watching Credo Technology Group.
• 12 rate it as a Buy.
• 1 rates it as a Strong Buy.
• Average Price Target for Next Year: $91.27

Analyst Insights

Stock Performance

• Recent Opening Price: $120.10
• 52-Week Low: $24.08
• 52-Week High: $128.56
• Market Cap: $20.61 Billion
• Price-to-Earnings Ratio: 444.81

Financial Highlights

• Quarterly Earnings (EPS): $0.35 (Higher than expected)
• Revenue: $170 Million (Significant increase from last year)
• Expected EPS for Current Fiscal Year: $0.13

Insider and Institutional Activity

• Insiders Selling Shares:
• Director Lip Bu Tan
• CTO Chi Fung Cheng
• Institutional Ownership: 80.46%
• Big Investors Buying Shares:
• Mariner LLC
• NewEdge Advisors LLC

Company Overview

Credo Technology Group specializes in high-speed connectivity solutions, including:

• Optical and electrical Ethernet applications
• Active electrical cables
• Serializer/deserializer (SerDes) chiplets
• Integrated circuits