Core Viewpoint - Credo Technology Group Holding Ltd (CRDO) is expected to report strong fiscal Q3 results, with a projected earnings per share (EPS) increase of 284% year-over-year and revenues between $404 million and $408 million, significantly above previous guidance [1][2][8] Financial Performance - The Zacks Consensus Estimate for the upcoming quarter's EPS is 96 cents, reflecting an 284% year-over-year increase, with total revenue estimates at $389.4 million, indicating a 188.5% rise [1] - CRDO has consistently beaten earnings estimates in the past four quarters, with an average surprise of 38.46% [2][3] Revenue Drivers - The strong performance is attributed to high demand for active electrical cables (AEC) and optical products, along with increased engagement with hyperscalers [6][8] - Four hyperscalers contributed over 10% of total revenues, with a fifth hyperscaler beginning to generate initial revenues, indicating a significant expansion in customer base [6][7] Product Growth - AECs are the fastest-growing product line for CRDO, transitioning to higher capacity standards, which enhances their market position [8][9] - The company’s integrated circuit (IC) business, including retimers and optical DSPs, is gaining traction, with new products like the Bluebird optical DSP receiving positive feedback [10][11] Profitability and Margins - Non-GAAP gross margin expanded by 410 basis points to 67.7%, exceeding guidance, with expectations for Q3 margins between 64% and 66% [11][12] - Operating income for the last reported quarter was $124.1 million, a significant increase from $8.3 million in the prior year [11] Competitive Landscape - CRDO faces competition from major semiconductor companies like Broadcom and Marvell Technology, as well as newer entrants like Astera Labs [12] - The company’s reliance on a few key customers poses concentration risks, which could impact revenue stability [13] Stock Performance and Valuation - CRDO's shares have declined by 13.7% over the past six months, underperforming the broader market and its industry peers [14] - The company is trading at a forward P/E ratio of 27.81, which is lower than the industry average of 32.86, suggesting a potential valuation discount [17][18] Investment Outlook - The preliminary revenue update indicates strong demand momentum driven by hyperscalers, positioning CRDO favorably for future growth [19] - The combination of margin expansion, operating leverage, and attractive valuation presents a compelling investment opportunity ahead of the earnings report [19]

I begin this article with a symbolic image of the U.S. 4¢ "American Credo" stamp . It quotes George Washington: "Observe good faith and justice toward all nations." Now onto the data material of theAnalyst’s Disclosure: I/we have a beneficial long position in the shares of AMD, MRVL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationshi ...

Key Takeaways CRDO projects over 200% FY26 revenue growth after boosting Q3 guidance to $404-$408M.TXN's Analog revenues rose 15% to $14B in 2025, driving total sales up 13%.CRDO holds $813.6M in cash, while TXN carries $14B in total debt.Semiconductor companies are at the core of the AI revolution, as they offer solutions that enable improved processing power and efficiency to execute cloud and AI workloads. Both Credo Technology Group Holding Ltd (CRDO) and Texas Instruments (TXN) operate in the semicondu ...

19 February 2026 | 5:00AM EST Equity Research Credo Technology Group (CRDO): We see copper in the datacenter staying stronger for longer, with favorable risk/reward - initiate at Buy We initiate coverage of CRDO with a Buy rating and a 12-month price target of $165 (~27% upside). Credo manufactures high-speed, short-range wired connectivity products for the datacenter market, and is the pioneer of a technology called Active Electrical Cables (AECs) — copper-based cables with signal boosting components. AECs ...

Credo Technology Group Holding Ltd (NASDAQ:CRDO) is among the 10 Unstoppable AI Stocks to Invest In Now. Goldman Sachs Initiates Coverage of Credo Technology Group Holding Ltd (CRDO) Stock Credo Technology Group Holding Ltd (NASDAQ:CRDO) is one of the Unstoppable AI Stocks to Invest In Now. On February 19, Goldman Sachs initiated coverage of the company’s stock with a “Buy” rating and a price objective of $165, as reported by The Fly. The analyst noted that Credo Technology Group Holding Ltd (NASDAQ:CRDO ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Credo Technology Group Holding Ltd. (CRDO) reports results for the quarter ended January 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be ...

Core Insights - Steven Cress is a key figure at Seeking Alpha, serving as VP of Quantitative Strategy and Market Data, and is the creator of the platform's quantitative stock rating system [1] - Cress has over 30 years of experience in equity research, quantitative strategies, and portfolio management, positioning him as an expert in investment topics [1] Company Overview - Seeking Alpha offers a quantitative stock rating system designed to interpret data for investors, providing insights and saving time for users [1] - The platform includes analytical tools and a systematic stock recommendation tool called Alpha Picks, aimed at helping long-term investors build a high-quality portfolio [1] Investment Strategy - Cress emphasizes a data-driven approach to investment, utilizing sophisticated algorithms and technologies to simplify complex research processes [1] - The goal is to create an easy-to-follow, daily updated grading system for stock trading recommendations, thereby reducing emotional biases in investment decisions [1]

PresentationIan PerksCEO & Board Member Hello, and welcome. I am Ian Perks, the CEO of Tullow, and I'm joined today for this presentation by Richard Miller, our CFO. For those of you that don't know me, I have 30 years of experience in the upstream oil and gas industry and have worked extensively in Africa and have held senior roles at BG, Anadarko and Total. I'm part of the reset and aligned Tullow Board and senior leadership team tasked with improving Tullow's performance going forward. Our Board, as ann ...

PresentationUnknown Analyst Good morning. It's my pleasure to welcome L'Oreal back to CAGNY. L'Oreal has one of the leading brand portfolios in global beauty, covering all facets of beauty, including color cosmetics, skin, hair and fragrance operating across the luxury, mass, dermatology and professional channels. L'Oreal operates 40 global brands, which are sold in 150 countries, generating EUR 44 billion in sales. In 2025, the company delivered strong financial performance despite the volatile environmen ...

Group 1 - The optical communication sector showed mixed performance on Friday, with Lumentum (LITE.US) rising over 3% and Coherent (COHR.US) increasing by more than 4% [1] - Credo Technology (CRDO.US) experienced a decline of nearly 2%, while Lumen Technologies (LUMN.US) and Astera Labs (ALAB.US) both fell by over 1% [1]