Credo Technology Group (CRDO) Competitors

Credo Technology Group (NASDAQ:CRDO) and Nokia Oyj (NYSE:NOK) are both large-cap computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, analyst recommendations, institutional ownership, media sentiment, profitability, community ranking, risk, earnings and dividends.

Does the MarketBeat Community prefer CRDO or NOK?

Nokia Oyj received 939 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 61.19% of users gave Nokia Oyj an outperform vote.

Company	Underperform	Outperform
Credo Technology Group	Outperform Votes 62 68.13%	Underperform Votes 29 31.87%
Nokia Oyj	Outperform Votes 1001 61.19%	Underperform Votes 635 38.81%

Does the media prefer CRDO or NOK?

In the previous week, Credo Technology Group and Credo Technology Group both had 19 articles in the media. Credo Technology Group's average media sentiment score of 1.44 beat Nokia Oyj's score of 0.89 indicating that Credo Technology Group is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Credo Technology Group	16 Very Positive mention(s)	0 Positive mention(s)	3 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive
Nokia Oyj	10 Very Positive mention(s)	2 Positive mention(s)	4 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive

Do analysts prefer CRDO or NOK?

Credo Technology Group presently has a consensus price target of $71.50, suggesting a potential upside of 15.12%. Nokia Oyj has a consensus price target of $5.85, suggesting a potential upside of 10.17%. Given Credo Technology Group's stronger consensus rating and higher possible upside, research analysts clearly believe Credo Technology Group is more favorable than Nokia Oyj.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Credo Technology Group	0 Sell rating(s)	0 Hold rating(s)	9 Buy rating(s)	1 Strong Buy rating(s)	3.10
Nokia Oyj	1 Sell rating(s)	0 Hold rating(s)	4 Buy rating(s)	0 Strong Buy rating(s)	2.60

Which has higher valuation & earnings, CRDO or NOK?

Nokia Oyj has higher revenue and earnings than Credo Technology Group. Nokia Oyj 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.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Credo Technology Group	$327.53M	32.20	-$28.37M	$0.01	6,211.00
Nokia Oyj	$19.17B	1.51	$1.38B	$0.15	35.40

Which has more risk & volatility, CRDO or NOK?

Credo Technology Group has a beta of 2.29, suggesting that its share price is 129% more volatile than the S&P 500. Comparatively, Nokia Oyj has a beta of 0.95, suggesting that its share price is 5% less volatile than the S&P 500.

Do insiders & institutionals have more ownership in CRDO or NOK?

80.5% of Credo Technology Group shares are owned by institutional investors. Comparatively, 5.3% of Nokia Oyj shares are owned by institutional investors. 16.0% of Credo Technology Group shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Is CRDO or NOK more profitable?

Nokia Oyj has a net margin of 6.54% compared to Credo Technology Group's net margin of -9.70%. Nokia Oyj's return on equity of 10.30% beat Credo Technology Group's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Credo Technology Group	-9.70%	-2.94%	-2.60%
Nokia Oyj	6.54%	10.30%	5.52%

Summary

Credo Technology Group beats Nokia Oyj on 10 of the 18 factors compared between the two stocks.