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Credo Technology Group (CRDO) Competitors

Credo Technology Group logo
$43.05 -0.16 (-0.37%)
As of 04/30/2025 04:00 PM Eastern

CRDO vs. ERIC, NOK, STM, GFS, UI, HUBB, ASX, UMC, FLEX, and ALAB

Should you be buying Credo Technology Group stock or one of its competitors? The main competitors of Credo Technology Group include Telefonaktiebolaget LM Ericsson (publ) (ERIC), Nokia Oyj (NOK), STMicroelectronics (STM), GlobalFoundries (GFS), Ubiquiti (UI), Hubbell (HUBB), ASE Technology (ASX), United Microelectronics (UMC), Flex (FLEX), and Astera Labs (ALAB). These companies are all part of the "electronic equipment" industry.

Credo Technology Group vs.

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) and Credo Technology Group (NASDAQ:CRDO) are both computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their community ranking, dividends, valuation, profitability, institutional ownership, media sentiment, earnings, risk and analyst recommendations.

Telefonaktiebolaget LM Ericsson (publ) has a net margin of 0.06% compared to Credo Technology Group's net margin of -9.70%. Telefonaktiebolaget LM Ericsson (publ)'s return on equity of 13.70% beat Credo Technology Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Telefonaktiebolaget LM Ericsson (publ)0.06% 13.70% 4.42%
Credo Technology Group -9.70%-2.94%-2.60%

8.0% of Telefonaktiebolaget LM Ericsson (publ) shares are held by institutional investors. Comparatively, 80.5% of Credo Technology Group shares are held by institutional investors. 16.0% of Credo Technology Group shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Telefonaktiebolaget LM Ericsson (publ) received 579 more outperform votes than Credo Technology Group when rated by MarketBeat users. However, 68.13% of users gave Credo Technology Group an outperform vote while only 57.75% of users gave Telefonaktiebolaget LM Ericsson (publ) an outperform vote.

CompanyUnderperformOutperform
Telefonaktiebolaget LM Ericsson (publ)Outperform Votes
641
57.75%
Underperform Votes
469
42.25%
Credo Technology GroupOutperform Votes
62
68.13%
Underperform Votes
29
31.87%

Telefonaktiebolaget LM Ericsson (publ) has higher revenue and earnings than Credo Technology Group. Telefonaktiebolaget LM Ericsson (publ) is trading at a lower price-to-earnings ratio than Credo Technology Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Telefonaktiebolaget LM Ericsson (publ)$249.58B0.11$1.89M$0.05164.80
Credo Technology Group$327.53M22.32-$28.37M$0.014,305.00

In the previous week, Credo Technology Group had 18 more articles in the media than Telefonaktiebolaget LM Ericsson (publ). MarketBeat recorded 27 mentions for Credo Technology Group and 9 mentions for Telefonaktiebolaget LM Ericsson (publ). Telefonaktiebolaget LM Ericsson (publ)'s average media sentiment score of 1.16 beat Credo Technology Group's score of 1.00 indicating that Telefonaktiebolaget LM Ericsson (publ) is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Telefonaktiebolaget LM Ericsson (publ)
6 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Credo Technology Group
17 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Telefonaktiebolaget LM Ericsson (publ) presently has a consensus price target of $9.80, indicating a potential upside of 18.93%. Credo Technology Group has a consensus price target of $71.50, indicating a potential upside of 66.09%. Given Credo Technology Group's stronger consensus rating and higher probable upside, analysts plainly believe Credo Technology Group is more favorable than Telefonaktiebolaget LM Ericsson (publ).

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Telefonaktiebolaget LM Ericsson (publ)
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Credo Technology Group
0 Sell rating(s)
0 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
3.10

Telefonaktiebolaget LM Ericsson (publ) has a beta of 0.92, indicating that its share price is 8% less volatile than the S&P 500. Comparatively, Credo Technology Group has a beta of 2.3, indicating that its share price is 130% more volatile than the S&P 500.

Summary

Credo Technology Group beats Telefonaktiebolaget LM Ericsson (publ) on 11 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CRDO vs. The Competition

MetricCredo Technology GroupSemiconductors & related devices IndustryComputer SectorNASDAQ Exchange
Market Cap$7.31B$49.86B$22.88B$7.76B
Dividend YieldN/A2.54%2.98%4.22%
P/E Ratio-287.0038.3241.9618.43
Price / Sales22.3290.102,076.42103.63
Price / CashN/A26.4934.7234.62
Price / Book13.016.046.104.23
Net Income-$28.37M$760.21M$738.82M$248.23M
7 Day Performance6.32%4.93%3.24%3.08%
1 Month Performance6.27%-3.42%1.73%2.24%
1 Year Performance140.91%4.12%52,547.15%5.35%

Credo Technology Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CRDO
Credo Technology Group
4.4891 of 5 stars
$43.05
-0.4%
$71.50
+66.1%
+140.9%$7.34B$327.53M-287.00380Insider Trade
Gap Down
ERIC
Telefonaktiebolaget LM Ericsson (publ)
2.6051 of 5 stars
$8.24
+0.5%
$9.80
+19.0%
+64.1%$27.54B$249.58B-826,500.00105,500Positive News
NOK
Nokia Oyj
3.1819 of 5 stars
$4.94
-1.1%
$5.85
+18.5%
+36.4%$26.91B$19.22B19.7487,900Earnings Report
Dividend Increase
Short Interest ↓
Analyst Revision
STM
STMicroelectronics
4.2959 of 5 stars
$22.93
-1.5%
$30.97
+35.1%
-42.5%$20.60B$13.27B13.8148,300Earnings Report
GFS
GlobalFoundries
4.1657 of 5 stars
$34.76
-1.5%
$48.85
+40.5%
-28.3%$19.25B$6.75B-72.5214,600Upcoming Earnings
Analyst Forecast
Positive News
UI
Ubiquiti
1.2268 of 5 stars
$317.94
+1.5%
$331.00
+4.1%
+203.4%$19.23B$2.15B43.201,380Analyst Revision
News Coverage
HUBB
Hubbell
3.2359 of 5 stars
$356.31
-1.0%
$449.38
+26.1%
-2.1%$19.14B$5.63B24.8316,300Dividend Announcement
Positive News
ASX
ASE Technology
2.5902 of 5 stars
$8.64
-1.4%
N/A-13.1%$19.08B$595.41B19.2197,800Short Interest ↑
UMC
United Microelectronics
2.4636 of 5 stars
$6.88
-0.1%
$7.40
+7.6%
-8.3%$17.25B$235.53B11.8719,500
FLEX
Flex
4.5004 of 5 stars
$34.80
-1.2%
$43.67
+25.5%
+19.9%$13.34B$25.58B14.04172,600Short Interest ↓
ALAB
Astera Labs
4.2912 of 5 stars
$65.39
-1.1%
$109.25
+67.1%
-22.9%$10.58B$396.29M-37.70225Upcoming Earnings
Positive News
Gap Down

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This page (NASDAQ:CRDO) was last updated on 5/1/2025 by MarketBeat.com Staff
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