Credo Technology Group (CRDO) and Vertiv (VRT) have emerged as key players in the AI data center market, with stock performances exceeding 1,000% gains over the past three years. As of 2026, Credo’s stock has seen a 30% decline, trading around $100 amid market fluctuations, while Vertiv’s stock, despite a recent 7% pullback, has surged another 60% this year and reached an all-time high of $282 per share.
Credo’s sales are projected to soar 204% to $1.33 billion for fiscal 2026, and an additional 52% to $2.02 billion in the following year. Their earnings per share (EPS) estimates for FY26 are projected at $3.30, translating to a 371% increase. Similarly, Vertiv anticipates a 34% revenue increase to $13.68 billion this year and a 24% rise to $17.02 billion in FY27.
While both companies show robust earnings growth, Credo and Vertiv are trading at forward P/E ratios of 31X and 44X, respectively. Analysts have revised their EPS estimates upwards significantly, with Credo’s FY26 EPS estimates increased by 19% and Vertiv’s by 17% in the past two months.
