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

Credo Technology Group logo
$193.57 +13.51 (+7.50%)
Closing price 04:00 PM Eastern
Extended Trading
$198.52 +4.95 (+2.56%)
As of 08:00 PM Eastern
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About Credo Technology Group Stock (NASDAQ:CRDO)

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Key Stats

Today's Range
$183.47
$199.81
50-Day Range
$87.81
$195.04
52-Week Range
$45.65
$213.80
Volume
6.08 million shs
Average Volume
7.35 million shs
Market Capitalization
$35.70 billion
P/E Ratio
107.54
Dividend Yield
N/A
Price Target
$207.71
Consensus Rating
Moderate Buy

Company Overview

Credo Technology Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
76th Percentile Overall Score

CRDO MarketRank™: 

Credo Technology Group scored higher than 76% of companies evaluated by MarketBeat, and ranked 291st out of 624 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 Moderate Buy. The company's average rating score is 2.89, and is based on 1 strong buy rating, 15 buy ratings, 3 hold ratings, and no sell ratings.

  • Upside/Downside

    The consensus price target for Credo Technology Group is close to its current price, suggesting limited near-term upside or downside.

  • Amount of Analyst Coverage

    Credo Technology Group has been the subject of 11 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 44.49% in the coming year, from $2.36 to $3.41 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Credo Technology Group is 100.03, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 42.17.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Credo Technology Group is 100.03, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 154.78.

  • Price to Book Value per Share Ratio

    Credo Technology Group has a P/B Ratio of 48.27. 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.
  • Short Interest

    There is no current short interest data available for CRDO.
  • 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.

  • News Sentiment

    Credo Technology Group has a news sentiment score of 0.88. 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 0.62 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 36 news articles for Credo Technology Group this week, compared to 15 articles on an average week.
  • Search Interest

    257 people have searched for CRDO on MarketBeat in the last 30 days. This is an increase of 74% compared to the previous 30 days.
  • MarketBeat Follows

    126 people have added Credo Technology Group to their MarketBeat watchlist in the last 30 days. This is an increase of 157% 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 $50,371,351.00 in company stock.

  • Percentage Held by Insiders

    11.84% 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

Credo: I Believe In The Long Game Here
Ticker Revealed: Pre-IPO Access to "Next Elon Musk" Company
We’ve found The Next Elon Musk… and what we believe to be the next Tesla. It’s already racked up $26 billion in government contracts. Peter Thiel just bet $1 Billion on it.tc pixel
A garden path lined with spring flowers and blooming trees overlaid with the word May.
5 Stocks to Buy in May Before the Next AI Surge Hits (CRDO)
The S&P 500 broke to new highs in April and signals a robust uptrend ahead, with the target now well above 7,500 and many tech stocks following suit.
Decorative graphic showing an upward-trending stock chart with the text "insider sales" overlaid.
AI Insider Selling: Sales Hit Photronics, Credo & CoreWeave as Shares Spike
Insiders have sold shares in Photronics, Credo Technology, and CoreWeave in Q2, but the implications vary significantly across all three AI-linked stocks.
A home office desk with a laptop displaying a Daily Market Pulse financial report, beside a coffee mug and notebook.
MarketBeat Week in Review – 04/20 - 04/24 (CRDO)
Financial markets...
Credo Technology logo displayed over a data center background with a branded network cable in the foreground.
Credo Stock Flashes Strong Bullish Signal—Upswing Just Starting
Credo Technology is on track to hit fresh highs soon, then rise by another triple-digit amount before reaching its next price peak.
See More Headlines

CRDO Stock Analysis - Frequently Asked Questions

Credo Technology Group's stock was trading at $143.89 on January 1st, 2026. Since then, CRDO stock has increased by 34.5% and is now trading at $193.57.

Credo Technology Group Holding Ltd. (NASDAQ:CRDO) released its quarterly earnings results on Monday, March, 2nd. The company reported $1.07 EPS for the quarter, beating the consensus estimate of $0.78 by $0.29. The business's revenue was up 201.5% on a year-over-year basis.
Read the conference call transcript
.

Credo Technology Group (CRDO) raised $220 million in an initial public offering (IPO) on Wednesday, January 26th 2022. The company issued 20,000,000 shares at a price of $10.00-$12.00 per share.

Credo Technology Group's top institutional shareholders include Swedbank AB (0.84%), Principal Financial Group Inc. (0.37%), Bank of New York Mellon Corp (0.36%) and Emerald Advisers LLC (0.27%). Insiders that own company stock include Chi Fung Cheng, Pantas Sutardja, Yat Tung Lam, Daniel W Fleming, Lip Bu Tan, William Joseph Brennan, William Joseph Brennan, Adam Thorngate-Gottlund, James Laufman, Manpreet Khaira and Sylvia Acevedo.
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
3/02/2026
Today
5/05/2026
Next Earnings (Estimated)
6/01/2026
Fiscal Year End
4/30/2027

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
2008

Price Target and Rating

High Price Target
$260.00
Low Price Target
$165.00
Potential Upside/Downside
+7.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.89
Research Coverage
19 Analysts

Profitability

EPS (Trailing Twelve Months)
$1.80
Trailing P/E Ratio
107.54
Forward P/E Ratio
82.02
P/E Growth
N/A
Net Income
$52.18 million
Net Margins
31.81%
Pretax Margin
32.31%
Return on Equity
29.63%
Return on Assets
26.20%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
10.81
Quick Ratio
9.56

Sales & Book Value

Annual Sales
$436.77 million
Price / Sales
81.75
Cash Flow
$0.47 per share
Price / Cash Flow
407.72
Book Value
$4.01 per share
Price / Book
48.27

Miscellaneous

Outstanding Shares
184,450,000
Free Float
162,611,000
Market Cap
$35.70 billion
Optionable
Optionable
Beta
3.17

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This page (NASDAQ:CRDO) was last updated on 5/5/2026 by MarketBeat.com Staff.
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