CRDO
Credo GroupBNasdaq / Semiconductors & Semiconductor Equipment
Last Price
At close
2026-06-02
Current thesis
Credo delivered a strong earnings print, kept gross margins near 68%, ended with $1.4 billion of cash and investments, and guided Q1 revenue to another sequential step-up. Management is also pointing to continued strength in its vertically integrated AI-connectivity stack, which can support multi-quarter upside if customer ramps stay intact.
Posture
Constructive
Lead driver
Momentum
What changed
15 setup hits (3d) with net bullish as of 2026-06-02.
What can break
After-hours selloff suggests the bar remains high and the stock may need fresh analyst upgrades to avoid a multiple reset.
Momentum
82
Value
47
Sentiment
51
Setup hits (3d)
15 · Net Bullish
AI TargetsBase $215.00 · Bull $290.00 · Bear $155.00
Data freshness
Prices
As of 2026-06-02
Fundamentals
As of 2026-06-01 • Vendor: Data Vendor v1
Scores
As of 2026-06-02 • Model: HYBRID_IC_RP
AI Memo
As of 2026-06-02 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-06-02
Investment thesis
As of 2026-06-02
Supporting evidence
What
Grade B · Constructive
Confidence Medium · Net Bullish
Target $200.00
Why
Momentum82 · Δ7d +25.2
Value47 · Δ7d +0.0
Sentiment51 · Δ7d -0.1
So what
Strength-led posture (Net Bullish). Favor watchlist adds and disciplined entries.
Lead driver: Momentum · See technicals
Momentum
82
34% active weight
Current posture
7d trendFlat
Δ7d
+25.2
Δ21d
-3.4
Value
47
32% active weight
Current posture
7d trendFlat
Δ7d
+0.0
Δ21d
-0.0
Sentiment
51
33% active weight
Current posture
7d trendFlat
Δ7d
-0.1
Δ21d
+0.6
Why this grade
Composite grade B. Momentum 81.8 / Value 46.8 / Sentiment 51.2
Fundamentals (TTM)As of 2026-06-01
Fundamentals (TTM)
As of 2026-06-01
Market Cap
$41.7B
Beta
2.66
Shares Out
180.63M
P/E (TTM)
122.5
P/S (TTM)
31.82
P/FCF (TTM)
176.40
Rev YoY
+272.1%
EPS YoY
+1835.0%
Gross Margin
+66.8%
Op Margin
+25.1%
Net Debt
-$431.34M
Current Ratio
8.86
As of 2026-06-02 • Updated nightlySource: Internal modelMethodology