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Credo Technology Group Holding (CRDO, Semiconductors) Stock Valuation & Fair Value Favorable on our tests

Credo Technology Group Holding (CRDO, Semiconductors) trades at a blended P/E of 46.8, about 60% below its historical normal valuation, with a forward growth estimate of 47.4% and a PEG of 0.99. Priced at its historical normal P/E of 118.1 on the same blended earnings, the 2026-10-02 close of $218.64 corresponds to about $552 a share. This is a valuation reference, not a price target.

DATA AS OF 2026-10-05
Blended P/E
46.8
Normal P/E
118.1
PEG
0.99
Fwd growth
47.4%
Div yield
0.0%
RSI (14)
54.6
Neutral
Technical context
  • Price $211.86 at the 2026-10-08 close, 10.8% above the 20-day average ($191.17) and 1.1% above the 50-day ($209.55).
  • RSI (14) at 54.6.
  • 52-week range $87.81 to $302.52: the price is 30.0% below the high and 141.3% above the low.
  • At its last earnings report the options market priced a 21% move.

The Street vs SeerForecast

Wall Street's mean price target for CRDO is $281.09 across 20 analysts, 32.7% above the current price. The average analyst rating is Strong Buy. Our SeerForecast read of the same stock, formed without analyst targets: favorable on our tests. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating has been favorable on our tests since 2026-07-09.

Blended P/E and rating by weekBlended P/E moved from 65.3 to 46.8 between 2026-07-09 and 2026-10-02, against a normal P/E of 118.1, with 2 rating changes over 30 recorded weeks.2026-07-09: P/E 65.3, Favorable on our tests, recalculated for the week of 2026-07-092026-07-10: P/E 65.3, Favorable on our tests, recalculated for the week of 2026-07-122026-07-13: P/E 65.3, Favorable on our tests, recalculated for the week of 2026-07-132026-07-14: P/E 65.3, Favorable on our tests, recalculated for the week of 2026-07-142026-07-20: P/E 65.3, Favorable on our tests, recalculated for the week of 2026-07-202026-07-22: P/E 55.2, Strong on our tests, recalculated for the week of 2026-07-222026-07-24: P/E 55.2, Strong on our tests, recalculated for the week of 2026-07-252026-07-27: P/E 55.2, Strong on our tests, recalculated for the week of 2026-07-272026-07-31: P/E 55.2, Strong on our tests, recalculated for the week of 2026-07-312026-07-31: P/E 50.1, Strong on our tests, recorded live 2026-08-032026-08-07: P/E 50.1, Strong on our tests, recalculated for the week of 2026-08-072026-08-07: P/E 59.8, Strong on our tests, recorded live 2026-08-102026-08-14: P/E 59.8, Strong on our tests, recalculated for the week of 2026-08-142026-08-14: P/E 61.3, Strong on our tests, recorded live 2026-08-172026-08-21: P/E 61.3, Strong on our tests, recalculated for the week of 2026-08-212026-08-21: P/E 53.8, Strong on our tests, recorded live 2026-08-242026-08-27: P/E 53.8, Strong on our tests, recalculated for the week of 2026-08-272026-08-28: P/E 53.8, Strong on our tests, recalculated for the week of 2026-08-282026-08-28: P/E 53.8, Strong on our tests, recalculated for the week of 2026-08-302026-08-28: P/E 53.6, Strong on our tests, recorded live 2026-08-312026-09-04: P/E 53.6, Strong on our tests, recalculated for the week of 2026-09-052026-09-04: P/E 38.4, Strong on our tests, recorded live 2026-09-072026-09-11: P/E 38.4, Strong on our tests, recalculated for the week of 2026-09-122026-09-11: P/E 36.2, Strong on our tests, recorded live 2026-09-142026-09-18: P/E 36.2, Strong on our tests, recalculated for the week of 2026-09-192026-09-18: P/E 38.5, Strong on our tests, recorded live 2026-09-212026-09-25: P/E 45.7, Strong on our tests, recalculated for the week of 2026-09-262026-09-25: P/E 45.7, Favorable on our tests, recorded live 2026-09-282026-10-02: P/E 46.8, Favorable on our tests, recalculated for the week of 2026-10-032026-10-02: P/E 46.8, Favorable on our tests, recorded live 2026-10-0550.075.0100.0Jul 9Jul 30Aug 20Sep 11Oct 2Normal P/E 118.1
Strong on our testsFavorable on our testsLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.

WeekBlended P/EPremium to normal P/ERating
2026-07-09P/E 65.3-45%Favorable on our tests (recalculated)
2026-07-22P/E 55.2-53%Strong on our tests (recalculated)
2026-09-14P/E 36.2-69%Strong on our tests
2026-09-28P/E 45.7-61%Favorable on our tests (across a rating rules change)
2026-10-05P/E 46.8-60%Favorable on our tests ← now
Show all 30 weeks
WeekBlended P/EPremium to normal P/ERating
2026-07-09P/E 65.3-45%Favorable on our tests (recalculated)
2026-07-12P/E 65.3-45%Favorable on our tests (recalculated)
2026-07-13P/E 65.3-45%Favorable on our tests (recalculated)
2026-07-14P/E 65.3-45%Favorable on our tests (recalculated)
2026-07-20P/E 65.3-45%Favorable on our tests (recalculated)
2026-07-22P/E 55.2-53%Strong on our tests (recalculated)
2026-07-25P/E 55.2-53%Strong on our tests (recalculated)
2026-07-27P/E 55.2-53%Strong on our tests (recalculated)
2026-07-31P/E 55.2-53%Strong on our tests (recalculated)
2026-08-03P/E 50.1-58%Strong on our tests
2026-08-07P/E 50.1-58%Strong on our tests (recalculated)
2026-08-10P/E 59.8-49%Strong on our tests
2026-08-14P/E 59.8-49%Strong on our tests (recalculated)
2026-08-17P/E 61.3-48%Strong on our tests
2026-08-21P/E 61.3-48%Strong on our tests (recalculated)
2026-08-24P/E 53.8-54%Strong on our tests
2026-08-27P/E 53.8-54%Strong on our tests (recalculated)
2026-08-28P/E 53.8-54%Strong on our tests (recalculated)
2026-08-30P/E 53.8-54%Strong on our tests (recalculated)
2026-08-31P/E 53.6-55%Strong on our tests
2026-09-05P/E 53.6-55%Strong on our tests (recalculated)
2026-09-07P/E 38.4-67%Strong on our tests
2026-09-12P/E 38.4-67%Strong on our tests (recalculated)
2026-09-14P/E 36.2-69%Strong on our tests
2026-09-19P/E 36.2-69%Strong on our tests (recalculated)
2026-09-21P/E 38.5-67%Strong on our tests
2026-09-26P/E 45.7-61%Strong on our tests (recalculated)
2026-09-28P/E 45.7-61%Favorable on our tests (across a rating rules change)
2026-10-03P/E 46.8-60%Favorable on our tests (recalculated)
2026-10-05P/E 46.8-60%Favorable on our tests ← now

Earnings moves: CRDO moved more than the options market implied in 0 of 1 recent tracked reports.

Frequently asked questions

Is Credo Technology Group Holding stock overvalued?

At a blended P/E of 46.8 versus its historical normal P/E of 118.1, Credo Technology Group Holding trades about 60% below its typical valuation, with a PEG of 0.99 on 47.4% forward growth. tickerseer currently rates it favorable on our tests.

What is Credo Technology Group Holding's fair value and PEG?

Credo Technology Group Holding trades at a blended P/E of 46.8 against a historical normal P/E of 118.1, a PEG of 0.99, and a forward growth estimate of 47.4%. Priced at its historical normal P/E of 118.1 on the same blended earnings, the 2026-10-02 close of $218.64 corresponds to about $552 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Credo Technology Group Holding changed?

tickerseer's rating has been favorable on our tests since 2026-07-09.

What is the analyst price target for Credo Technology Group Holding?

The mean Wall Street price target for Credo Technology Group Holding is $281.09 across 20 analysts, 32.7% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Semiconductors. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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