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

Credo Technology Group logo
$147.42 +3.55 (+2.47%)
Closing price 04:00 PM Eastern
Extended Trading
$147.40 -0.01 (-0.01%)
As of 05:01 PM Eastern
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About Credo Technology Group Stock (NASDAQ:CRDO)

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Key Stats

Today's Range
$143.75
$156.75
50-Day Range
$105.99
$172.31
52-Week Range
$29.09
$176.70
Volume
6.39 million shs
Average Volume
5.31 million shs
Market Capitalization
$25.50 billion
P/E Ratio
220.03
Dividend Yield
N/A
Price Target
$128.55
Consensus Rating
Buy

Company Overview

Credo Technology Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
82nd Percentile Overall Score

CRDO MarketRank™: 

Credo Technology Group scored higher than 82% of companies evaluated by MarketBeat, and ranked 173rd out of 662 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 3.06, and is based on 13 buy ratings, 1 hold rating, and no sell ratings.

  • Downside Risk

    Credo Technology Group has a consensus price target of $128.55, representing about 14.7% downside from its current price of $150.71.

  • 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 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 224.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 234.50.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Credo Technology Group is 224.63, 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 497.88.

  • Price to Book Value per Share Ratio

    Credo Technology Group has a P/B Ratio of 37.58. 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

    4.73% 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 decreased by 6.80%, 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

    4.73% 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 decreased by 6.80%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Credo Technology Group has a news sentiment score of 0.85. 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 0.60 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 27 news articles for Credo Technology Group this week, compared to 21 articles on an average week.
  • Search Interest

    131 people have searched for CRDO on MarketBeat in the last 30 days. This is an increase of 90% compared to the previous 30 days.
  • MarketBeat Follows

    67 people have added Credo Technology Group to their MarketBeat watchlist in the last 30 days. This is an increase of 123% 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 $111,449,895.00 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 Technology Group (NASDAQ:CRDO) CTO Sells 55,000 Shares
Wall Street legend: “Sell this A.I. stock now”
Whats next after AI? Hidden AI. "Hidden AI" could soon be the biggest investment trend of 2025.tc pixel
Connection network in servers data center room storage systems 3
3 Under-the-Radar Stocks Set to Benefit From Oracle’s Boom
Oracle just provided an outlook on its artificial intelligence-driven business that shocked markets in a great way. These three stocks can benefit.
TD Cowen Begins Coverage on Credo Technology Group (NASDAQ:CRDO)
See More Headlines

CRDO Stock Analysis - Frequently Asked Questions

Credo Technology Group's stock was trading at $67.21 at the beginning of the year. Since then, CRDO shares have increased by 124.2% and is now trading at $150.7050.

Credo Technology Group Holding Ltd. (NASDAQ:CRDO) released its quarterly earnings data on Wednesday, September, 3rd. The company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.36 by $0.02. Credo Technology Group's revenue was up 273.6% 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 Thursday, January 27th 2022. The company issued 20,000,000 shares at $10.00-$12.00 per share.

Credo Technology Group's top institutional shareholders include Praxis Investment Management Inc. and GAMMA Investing LLC. 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, 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
9/03/2025
Today
10/06/2025
Next Earnings (Estimated)
12/01/2025
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
2008

Price Target and Rating

High Price Target
$170.00
Low Price Target
$45.00
Potential Upside/Downside
-12.1%
Consensus Rating
Buy
Rating Score (0-4)
3.06
Research Coverage
16 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.67
Trailing P/E Ratio
217.36
Forward P/E Ratio
1,124.82
P/E Growth
N/A
Net Income
$52.18 million
Net Margins
20.85%
Pretax Margin
21.41%
Return on Equity
19.02%
Return on Assets
16.40%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
7.41
Quick Ratio
6.34

Sales & Book Value

Annual Sales
$600.14 million
Price / Sales
42.15
Cash Flow
$0.45 per share
Price / Cash Flow
325.77
Book Value
$4.01 per share
Price / Book
36.47

Miscellaneous

Outstanding Shares
172,996,000
Free Float
152,513,000
Market Cap
$25.30 billion
Optionable
Optionable
Beta
2.60

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This page (NASDAQ:CRDO) was last updated on 10/6/2025 by MarketBeat.com Staff
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