Credo Technologies is set to report its Q1 FY2027 earnings on September 1, with analysts forecasting $470.38 million in revenue, marking a 111% year-over-year increase. Optical revenue is projected to surpass $600 million in FY2027, becoming a key growth driver beyond its established AEC business. Revenue is expected to grow from $515 million in Q2 to $810 million by Q4 as the optics segment scales. However, customer concentration risk remains high, with four major customers accounting for about 87% of Q4 revenue. Despite trading near 17 times forward sales, consensus revenue estimates reach $3.69 billion in FY2028 and $4.80 billion in FY2029, indicating strong growth potential.
Credo Technology's stock surged nearly 95% over the past year, driven by strong revenue growth and successful AI infrastructure products. Despite a recent 21% drop, fundamentals remain solid with FY2026 revenue tripling to $1.3 billion and management...
Credo has been upgraded to a Hold rating ahead of its fiscal Q1 earnings report, with a more attractive valuation at 36 times forward earnings. The company expects Q1 revenue between $465 million and $475 million, implying a strong 110% year-over-yea...
Credo Technology (CRDO) is rated 'sell' because it remains overvalued and faces significant execution risks, even after a recent 33% stock price decline. The company's growth is shifting from high-margin Active Electrical Cables to lower-margin optic...
