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Credo Technology Group Holding Ltd (CRDO): A Bull Case Theory

We came across a bullish thesis on Credo Technology Group Holding Ltd (CRDO) on Substack by Nikhs. In this article, we will summarize the bulls’ thesis on CRDO. Credo Technology Group Holding Ltd (CRDO)'s share was trading at $46.49 as of March 20th. CRDO’s forward P/E was 41.32 according to Yahoo Finance.

Credo Technology’s Q3 FY2025 earnings report highlights its transformation from a promising connectivity provider to a dominant force in AI infrastructure. The company reported revenue of $135 million, marking a 154% year-over-year increase and an 87% sequential surge,...