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Credo Technology Group (CRDO) Stock Price, News & Analysis

Credo Technology Group logo
$93.36 +0.63 (+0.68%)
Closing price 07/8/2025 04:00 PM Eastern
Extended Trading
$94.97 +1.61 (+1.72%)
As of 08:50 AM Eastern
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About Credo Technology Group Stock (NASDAQ:CRDO)

Key Stats

Today's Range
$91.40
$94.81
50-Day Range
$43.05
$95.05
52-Week Range
$22.50
$95.71
Volume
5.48 million shs
Average Volume
4.13 million shs
Market Capitalization
$16.02 billion
P/E Ratio
345.78
Dividend Yield
N/A
Price Target
$82.45
Consensus Rating
Buy

Company Overview

Credo Technology Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
72nd Percentile Overall Score

CRDO MarketRank™: 

Credo Technology Group scored higher than 72% of companies evaluated by MarketBeat, and ranked 240th out of 655 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Credo Technology Group has received a consensus rating of Buy. The company's average rating score is 3.08, and is based on 12 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Credo Technology Group has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Credo Technology Group's stock forecast and price target.
  • Earnings Growth

    Earnings for Credo Technology Group are expected to grow by 353.85% in the coming year, from $0.13 to $0.59 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Credo Technology Group is 345.78, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.96.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Credo Technology Group is 345.78, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 37.23.

  • Price to Earnings Growth Ratio

    Credo Technology Group has a PEG Ratio of 1.66. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Credo Technology Group has a P/B Ratio of 23.28. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Credo Technology Group's valuation and earnings.
  • Percentage of Shares Shorted

    5.17% of the float of Credo Technology Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Credo Technology Group has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Credo Technology Group has recently decreased by 10.34%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Credo Technology Group does not currently pay a dividend.

  • Dividend Growth

    Credo Technology Group does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    5.17% of the float of Credo Technology Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Credo Technology Group has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Credo Technology Group has recently decreased by 10.34%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Credo Technology Group has a news sentiment score of 0.81. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 21 news articles for Credo Technology Group this week, compared to 14 articles on an average week.
  • Search Interest

    Only 43 people have searched for CRDO on MarketBeat in the last 30 days. This is a decrease of -12% compared to the previous 30 days.
  • MarketBeat Follows

    25 people have added Credo Technology Group to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Credo Technology Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $80,876,813.00 in company stock.

  • Percentage Held by Insiders

    16.04% of the stock of Credo Technology Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    80.46% of the stock of Credo Technology Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Credo Technology Group's insider trading history.
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CRDO Stock News Headlines

White House to reset Social Security?
Elon Musk's parting DOGE gift looks set to shock America... A single announcement by July 22nd could soon bring Elon Musk's DOGE operation to its final, dramatic conclusion - with huge consequences for millions of investors. So if you have any money in the market... you're almost out of time to prepare. This plan has already been put in place... and can operate even if Elon's long gone from Washington.
Credo Technology Group Holding Ltd CRDO - Morningstar
See More Headlines

CRDO Stock Analysis - Frequently Asked Questions

Credo Technology Group's stock was trading at $67.21 at the start of the year. Since then, CRDO shares have increased by 38.9% and is now trading at $93.36.

Credo Technology Group Holding Ltd. (NASDAQ:CRDO) posted its earnings results on Monday, June, 2nd. The company reported $0.35 earnings per share for the quarter, beating analysts' consensus estimates of $0.27 by $0.08. Credo Technology Group's quarterly revenue was up 179.6% compared to the same quarter last year.
Read the conference call transcript
.

Credo Technology Group (CRDO) raised $220 million in an initial public offering on Thursday, January 27th 2022. The company issued 20,000,000 shares at $10.00-$12.00 per share.

Top institutional investors of Credo Technology Group include GK Wealth Management LLC (0.01%), City Center Advisors LLC, Cullen Investment Group LTD. and Thurston Springer Miller Herd & Titak Inc.. Insiders that own company stock include Chi Fung Cheng, Pantas Sutardja, Yat Tung Lam, William Joseph Brennan, William Joseph Brennan, Daniel W Fleming, Lip Bu Tan, James Laufman and Adam Thorngate-Gottlund.
View institutional ownership trends
.

Shares of CRDO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Credo Technology Group investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Palo Alto Networks (PANW), Netflix (NFLX) and Adobe (ADBE).

Company Calendar

Last Earnings
6/02/2025
Today
7/09/2025
Next Earnings (Estimated)
9/03/2025
Fiscal Year End
4/30/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
ELEC COMP - SEMIC
Sub-Industry
Electronic Equipment
Current Symbol
NASDAQ:CRDO
CIK
1807794
Fax
N/A
Employees
380
Year Founded
N/A

Price Target and Rating

High Price Target
$98.00
Low Price Target
$45.00
Potential Upside/Downside
-11.7%
Consensus Rating
Buy
Rating Score (0-4)
3.08
Research Coverage
13 Analysts

Profitability

Trailing P/E Ratio
345.78
Forward P/E Ratio
718.15
P/E Growth
1.66
Net Income
$52.18 million
Pretax Margin
12.56%

Debt

Sales & Book Value

Annual Sales
$436.77 million
Cash Flow
$0.44 per share
Price / Cash Flow
209.97
Book Value
$4.01 per share
Price / Book
23.28

Miscellaneous

Free Float
144,111,000
Market Cap
$16.02 billion
Optionable
Optionable
Beta
2.57

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This page (NASDAQ:CRDO) was last updated on 7/9/2025 by MarketBeat.com Staff
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