CRDO Credo Technology Group Holding Ltd
Trend channel, buy level and 3-month target. Information only, not financial advice.
At the channel floor · 12-month channel rising
Price is on the lower line, where it has held before.
- 12-month channel
- US$146.68 – US$200.58 · rising, +56% a year
- Price in channel
- 8.1% (0% = floor, 100% = ceiling)
- Ceiling overhead
- US$200.58
- Turns bearish below
- US$146.68
What broke this trend
- The fall
- -51% from US$302.6022 June 2026 → 23 Oct 2026
- Whose problem it was
- Its sector16 of 31 Semiconductors peers fell with it
- Does it resolve?
- Temporary falls like it have resolved on the record
- Regained so far
- 2%of what it lost
- What the record says
- 75% of 57 comparable falls came back, typically in 191 days measured on its own peer group
Fell -51% (22 June 2026 → 23 Oct 2026); regained 2% so far; sector-wide.
Reported at the time: Evercore ISI Group Initiates Coverage On Credo Technology Group with Outperform Rating, Announces Price Target of $325 — 22 June 2026
Price history, with the path projected 3 months forward
Updated 1:56 PM ET (22 h ago)
- Daily close
- Upper trend line (12 months)
- Lower trend line (12 months)
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy at or below
US$151.07
level as at 1 Nov 2026
Our target
US$200.20
by 6 Dec 2026
Projected move
32.5%
gross, before costs
Price is at or below our buy.
Target: the projected upper line.
This move size: reached in 36% of 10 past stretches, typically in 36 days. (0.90% per day)
- Upper line touches
- 2
- Lower line touches
- 2
- Fit confidence
- 23%
- Fitted
- 1 Nov 2026
Company information
About Credo Technology Group Holding Ltd
Credo Technology Group Holding Ltd (CRDO) specializes in delivering advanced high-speed connectivity solutions for both optical and electrical Ethernet applications. Its operational reach extends globally, encompassing the United States, Mexico, Mainland China, Hong Kong, and various other international regions. The company's product offerings include integrated circuits (ICs), active electrical cables (AECs), and SerDes chiplets, all developed utilizing its proprietary serializer/deserializer (SerDes) and digital signal processor (DSP) technologies. Beyond hardware, Credo also provides intellectual property (IP) solutions, particularly focusing on SerDes IP licensing. Established in 2008, the firm's corporate headquarters are situated in San Jose, California.
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- William J. Brennan
- Employees
- 807
- Country
- KY
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- —
- Profitability
- —
- Financial health
- —
- Cash generation
- —
Key statistics
- Market cap
- US$27.68B
- Enterprise value
- —
- Beta
- 3.25
- Avg volume
- 7.66M
- Revenue per share
- —
- Dividend yield
- —
- 52-week range
- 86.485-308.67
- Exchange
- NASDAQ
Key ratios
- P/E (TTM)
- —
- PEG
- —
- Price / sales
- —
- Price / book
- —
- EV / EBITDA
- —
- Gross margin
- —
- Operating margin
- —
- Net margin
- —
- Current ratio
- —
- Quick ratio
- —
- Debt / equity
- —
- Interest cover
- —
Income statement
Balance sheet
Cash flow
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.