Credo Technology is transitioning from its traditional strength in Active Electrical Cables to rapid growth in optical transceivers, especially its Cardinal product line aimed at AI datacenter connectivity. The company projects revenue of $2.5 billion by fiscal year 2027, with $600 million expected from optical products and overall revenue growth above 50% for several years. Despite a recent 47% stock price drop after earnings, this pullback is seen as a buying opportunity due to the company's strong growth prospects and integration of advanced photonics technology from DustPhotonics. This positions Credo for sustained hypergrowth and margin expansion in the AI data center market.
Credo Technology's stock price on Pluang is currently USD 218.80, showing a slight increase of 0.07% over the last day. As of Oct 05, 2026 19:42 WIB, the stock trades well above its 52-week low of USD 87.81 but remains below its 52-week high of USD 302.52.
Credo Technology reported its seventh consecutive quarter of triple-digit revenue growth, reaching $479 million last quarter, up 115% year over year. Despite strong performance, its stock remains volatile and trades below its 52-week high. The compan...
AI infrastructure spending is moving from raw compute power to connectivity solutions, benefiting chipmaker Credo, which recently reported 114.7% revenue growth and beat earnings estimates. Despite a recent stock dip, Credo trades at a lower forward ...
Credo Technology Group is positioned for a medium-term recovery, aiming to exceed $300 per share driven by vertical integration and expanding product lines. The recent drop in GAAP gross margin is mainly due to amortization from the DustPhotonics acq...
