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Strong Outlook and PCIe Certification Keep Credo Technology Group Holding Ltd (CRDO) in Focus
Yahoo Finance· 2026-02-14 13:17
Group 1 - Credo Technology Group Holding Ltd (NASDAQ: CRDO) is recognized as one of the best foreign stocks to buy, with a Buy rating and a price target of $220 from Needham after a strong preliminary Q3 revenue update [1] - The company expects approximately $406 million in revenue for Q3, significantly exceeding its previous guidance of $340 million, and anticipates continued growth into Q4 and fiscal 2027 [1][2] - Management projects mid-single-digit quarterly growth, forecasting over 200% year-over-year revenue growth in fiscal 2026, with revenue expectations of $1.92 billion for 2027 and $2.30 billion for 2028 [2] Group 2 - Credo's Toucan PCIe retimer, which supports PCIe 6.0 technology, has received PCI-SIG compliance certification at a data rate of 32.0 GT/s, meeting industry standards for PCI Express interconnects [3] - The Toucan retimer has also achieved validation at PCIe 5.0 technology speeds and conforms to open industry specifications managed by the PCI-SIG consortium, ensuring interoperability across platforms adhering to PCIe standards [4] Group 3 - Credo Technology Group is a Cayman Islands-based company that designs and sells high-speed connectivity solutions for data infrastructure markets, specializing in products such as HiWire active electrical cables and optical PAM4 digital signal processors [5]
Credo’s Licensing Pact With Siemon Highlights Push Into Scalable Data-Center Connectivity
Yahoo Finance· 2025-12-08 16:08
Credo Technology Group Holding Ltd. (NASDAQ:CRDO) is one of the fastest-growing semiconductor stocks to buy. On November 24, 2025, Credo said it reached a license agreement with The Siemon Company covering Credo’s patents for active electrical cable (AEC) technology; the parties issued a joint statement and said terms are confidential. While the release doesn’t spell out strategic rationale beyond the joint announcement, Credo consistently positions AECs and its broader high-speed connectivity portfolio a ...