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

Credo Technology Group logo
$168.99 +12.72 (+8.14%)
Closing price 05/19/2026 04:00 PM Eastern
Extended Trading
$172.45 +3.46 (+2.05%)
As of 07:05 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Credo Technology Group Stock (NASDAQ:CRDO)

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Key Stats

Today's Range
$148.94
$171.64
50-Day Range
$87.81
$210.22
52-Week Range
$59.00
$213.80
Volume
8.23 million shs
Average Volume
6.11 million shs
Market Capitalization
$31.17 billion
P/E Ratio
93.88
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
91st Percentile Overall Score

CRDO MarketRank™: 

Credo Technology Group scored higher than 91% 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 22.9% upside from its current price of $168.99.

  • 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 93.88, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 44.39.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Credo Technology Group is 93.88, 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 167.06.

  • Price to Book Value per Share Ratio

    Credo Technology Group has a P/B Ratio of 42.14. 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 1.18. 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 24 news articles for Credo Technology Group this week, compared to 14 articles on an average week.
  • Search Interest

    224 people have searched for CRDO on MarketBeat in the last 30 days. This is an increase of 30% 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.
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CRDO Stock News Headlines

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Meta is cutting 10% of its workforce. Microsoft offered voluntary retirement to 7% of U.S. employees. Oracle, Amazon, Snap, and Block have done the same. Most assume this is about AI - but investor Porter Stansberry says the real driver runs far deeper. Goldman Sachs estimates 12,400 Americans are being financially harmed every day by this shift, while others grow wealthier. Stansberry - who predicted the internet economy's rise and recommended Amazon, Qualcomm, and Texas Instruments before they were household names - is now releasing a new investigation he calls The Final Displacement.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.
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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.
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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.
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MarketBeat Week in Review – 04/20 - 04/24 (CRDO)
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See More Headlines

CRDO Stock Analysis - Frequently Asked Questions

Credo Technology Group's stock was trading at $143.89 at the beginning of the year. Since then, CRDO shares have increased by 17.4% and is now trading at $168.99.

Credo Technology Group Holding Ltd. (NASDAQ:CRDO) released its earnings results on Monday, March, 2nd. The company reported $1.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.78 by $0.29. The firm'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 IPO on Wednesday, January 26th 2022. The company issued 20,000,000 shares at $10.00-$12.00 per share.

Top institutional investors of Credo Technology Group 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
5/19/2026
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
+22.9%
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
93.88
Forward P/E Ratio
71.61
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
71.37
Cash Flow
$0.48 per share
Price / Cash Flow
353.85
Book Value
$4.01 per share
Price / Book
42.14

Miscellaneous

Outstanding Shares
184,450,000
Free Float
162,611,000
Market Cap
$31.17 billion
Optionable
Optionable
Beta
3.17

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