Free Trial
Your Portfolio Deserves Better! MarketBeat All Access for Just $149
Upgrade Now
Claim MarketBeat All Access Sale Promotion

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

Credo Technology Group logo
$181.39 +12.40 (+7.34%)
As of 03:21 PM Eastern
This is a fair market value price provided by Massive. Learn more.

About Credo Technology Group Stock (NASDAQ:CRDO)

Advanced

Key Stats

Today's Range
$171.31
$187.70
50-Day Range
$87.81
$210.22
52-Week Range
$59.00
$213.80
Volume
5.03 million shs
Average Volume
7.04 million shs
Market Capitalization
$33.46 billion
P/E Ratio
100.84
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
84th Percentile Overall Score

CRDO MarketRank™: 

Credo Technology Group scored higher than 84% of companies evaluated by MarketBeat, and ranked 84th out of 623 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 Potential

    Credo Technology Group has a consensus price target of $207.71, representing about 14.8% upside from its current price of $180.87.

  • Amount of Analyst Coverage

    Credo Technology Group has been the subject of 10 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 100.43, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 44.50.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Credo Technology Group is 100.43, 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 168.47.

  • Price to Book Value per Share Ratio

    Credo Technology Group has a P/B Ratio of 45.11. 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

    5.83% 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 1.4, 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 increased by 2.68%, indicating that investor sentiment is decreasing.
  • 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 0.93. 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 0.50 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 26 news articles for Credo Technology Group this week, compared to 14 articles on an average week.
  • Search Interest

    227 people have searched for CRDO on MarketBeat in the last 30 days. This is an increase of 32% compared to the previous 30 days.
  • MarketBeat Follows

    112 people have added Credo Technology Group to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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.
Receive CRDO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Credo Technology Group and its competitors with MarketBeat's FREE daily newsletter.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

CRDO Stock News Headlines

Credo to Present at Upcoming Investor Conferences
Read this warning immediately
Porter Stansberry, founder of one of the world's largest financial research firms, says he's breaking the biggest story of his 26-year career. A famous historian whose books have sold over 45 million copies in 65 languages is warning of a structural shift so large it has only one historical parallel - 1776. One Stanford economist calls it 'the biggest change ever - bigger than electricity, bigger than the steam engine.' Stansberry outlines the stocks to buy, the stocks to sell, and three money moves to position yourself on the right side of this shift.tc pixel
Server hardware with multiple processors and high-density cables inside a data center facility.
5 Stocks Positioned to Benefit From the AI Inference Boom (CRDO)
As the AI buildout shifts from training to inference, 5 companies including GOOGL and NVDA are among the best-positioned to benefit from the inference boom.
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...
See More Headlines

CRDO Stock Analysis - Frequently Asked Questions

Credo Technology Group's stock was trading at $143.89 at the start of the year. Since then, CRDO shares have increased by 25.7% and is now trading at $180.8730.

Credo Technology Group Holding Ltd. (NASDAQ:CRDO) posted its quarterly earnings data on Monday, March, 2nd. The company reported $1.07 earnings per share for the quarter, topping analysts' consensus estimates of $0.78 by $0.29. The business's revenue was up 201.5% compared to the same quarter last year.
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 investors include Bank of America Corp DE (1.04%), Swedbank AB (0.84%), Atreides Management LP (0.59%) and The Manufacturers Life Insurance Company (0.57%). 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
5/20/2026
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
+14.6%
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
100.76
Forward P/E Ratio
76.80
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
76.54
Cash Flow
$0.51 per share
Price / Cash Flow
353.85
Book Value
$4.01 per share
Price / Book
45.20

Miscellaneous

Outstanding Shares
184,450,000
Free Float
162,611,000
Market Cap
$33.43 billion
Optionable
Optionable
Beta
3.17

Social Links

Options Trading Made Easy - Download Now Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report

This page (NASDAQ:CRDO) was last updated on 5/20/2026 by MarketBeat.com Staff.
From Our Partners