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Fund.TBD

Swing Trader, Technical/Fundamental Analysis

22 Jun, 11:32Latest

Credo was wrongly dismissed as a copper-era connectivity play, and analysts are finally recognizing its optical roadmap. Per @wallstengine, Evercore ISI initiated at Outperform with a $325 target, saying Credo will increasingly be seen as a broad copper and optical AI-connectivity play through optical DSPs, silicon photonics ICs, microLED cables and especially ZFOptics modules, taking the same systems approach as with AECs. The market had decimated it in late 2025 as a horse-and-buggy name. x.com

CRDO

Nicholas Mugalli

Institutional TMT & Macro Research, AI/Semiconductors/Policy

25 Sep

CRDO

Credo is worth buying on its post-earnings dip. x.com

Michael Sikand

Investor, Autopilot Portfolio, Founder of Sikand Media

27 Oct

CRDO

Credo's MicroVCSEL offers upside that does not appear priced in. Its copper and optics exposure, a SpaceX tailwind and fundamentals that look too good for its current valuation make it one of the tidiest AI infrastructure investments. x.com

Ren

Head of AI, Ex-Product Manager, AI Supply-Chain Bottlenecks

2 Sep

CRDO

Credo is a trade rather than a long-term hold because co-packaged optics is the technology that closes the copper-to-optics gap its retimers and active electrical cables fill. If CPO ramps faster than expected in the 2027 architecture cycle, those products get designed out. That is not a 2026 problem, but it is why a decelerating hyper-growth chipmaker can't keep a 15x sales multiple forever. Customer concentration, which hit the stock before, adds risk, and Credo fits no AI endgame theme. x.com … Show more

Kairos

Stock Research

26 Oct

CRDO

Credo's leading AEC position and vertical integration keep its optics thesis bullish despite SpaceX moving away from 1.6T AECs. That shift is a genuine risk, but xAI has been in Credo's AEC ecosystem the longest, which could support ZeroFlap optics and its telemetry software. Credo's VCSEL-based ALCs were still ramping toward 2027, giving it another route as customers move to transceivers. x.com x.com x.com

CK Capital

Defense/Space/Tech/Photonics Investor, Co-Owner of CV Research

27 Oct

CRDO

Credo's near-total share of AI data-center cables and unchanged estimates make its lower multiple look like a fear-driven opportunity. Its stock went from 27x to 20x forward earnings while the supply chain building those systems guided 2027 revenue to double. Buyers this week will probably be very happy a year from now. x.com

Masa’s Son

Non-Consensus Long/Short Technology Investor

6 May

CRDO

Credo looks exposed as networking becomes AI's next bottleneck and Nvidia locks down optical fiber for scale-up, scale-out and scale-across links. MicroLED is readily available and a good contender for scale-up and potentially scale-out, with many Asian suppliers pivoting into it. x.com x.com

Nate Endicott

Retail Investor, AI Infrastructure & Nebius

1 Oct

CRDO

Credo is well placed if the US restricts Chinese optical transceivers from 3.2T, because it now has a full non-Chinese optical stack. Its $750M DustPhotonics acquisition brought in-house silicon photonics for 800G, 1.6T and 3.2T, including co-packaged optics, alongside its own DSPs and SerDes. If optics supply tightens, more short links stay on copper, which is Credo's AEC business. Management already expected optical lines to top $600M next year before this. x.com

Ben Pouladian

Founder of BEP Research, AI Compute Economics

1 Sep

CRDO

Credo's selloff on a raise reflects impatience, since its next growth leg is a fiscal 2028 story that begins in May 2027. It printed $479M, guided $525-535M and lifted full-year growth to more than 85%, yet sold off for a second straight print. CEO Bill Brennan called fiscal 2027 just a stepping stone for optics: OmniConnect, micro-LED cables and near-package optics turn on in fiscal 2028, when AECs step up to 1.6T. x.com x.com

Jason Luongo

Growth-Stock Options Trader, LEAPS & Income Strategies

8 Sep

CRDO

Credo's 45% drop from its high was about customer concentration and valuation, not demand, making it a great long-term buy. The latest quarter beat on revenue and guidance: revenue grew 115% to $479M, a seventh straight quarter of triple-digit growth, and management guided to more than 85% growth for the fiscal year. Optical revenue is targeted to pass $600M this year, on top of the AEC business five hyperscalers already buy. x.com

Jeff Pu

Technology Equity Analyst at GF Securities

2 Sep

CRDO

Credo's growth rides surging AI interconnect demand, and management expects revenue to grow more than 85% in FY27. F1Q27 revenue rose 115% to $479 million, EPS of $1.20 slightly beat, and F2Q27 guidance is $525-535 million. Active electrical cables remain the near-term engine as adoption broadens across hyperscalers and neoclouds; FY27 optical revenue is still expected above $600 million, though a higher optical mix dilutes gross margin. The $227 target rests on 20x FY28 EPS of $11.40. x.com

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