Overview
- Revenue in Q2 FY2026 more than tripled year over year, including 20.2% sequential growth.
- The company set Q3 revenue guidance with a $340 million midpoint, implying roughly 152% year-over-year and 27% sequential growth.
- Shares are roughly 17% below their December 2025 all-time high after a strong multi-year run.
- The stock trades at about a 130 trailing P/E versus roughly 42 forward P/E as profitability improves.
- Credo supplies high-speed connectivity essential for AI training and inference clusters and is reported to be gaining market share.