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S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
15 A.I. Trading Opportunities a Day (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Having Trouble in Your Trading? (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Having Trouble in Your Trading? (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
15 A.I. Trading Opportunities a Day (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Having Trouble in Your Trading? (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Having Trouble in Your Trading? (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
15 A.I. Trading Opportunities a Day (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Having Trouble in Your Trading? (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Having Trouble in Your Trading? (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
NASDAQ:CRDO

Credo Technology Group (CRDO) Competitors

$16.46
-0.08 (-0.48%)
(As of 06/2/2023 ET)
Compare
Today's Range
$15.74
$17.06
50-Day Range
$7.35
$16.54
52-Week Range
$7.20
$19.46
Volume
4.11 million shs
Average Volume
2.44 million shs
Market Capitalization
$2.45 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$13.33

CRDO vs. CRCT, LSPD, LUMN, ICFI, RIOT, FA, COUR, JAMF, AMBP, and GDS

Should you be buying Credo Technology Group stock or one of its competitors? The main competitors of Credo Technology Group include Cricut (CRCT), Lightspeed Commerce (LSPD), Lumen Technologies (LUMN), ICF International (ICFI), Riot Platforms (RIOT), First Advantage (FA), Coursera (COUR), Jamf (JAMF), Ardagh Metal Packaging (AMBP), and GDS (GDS). These companies are all part of the "business services" sector.

Credo Technology Group vs.

Credo Technology Group (NASDAQ:CRDO) and Cricut (NASDAQ:CRCT) are both mid-cap business services companies, but which is the better business? We will compare the two companies based on the strength of their valuation, dividends, profitability, institutional ownership, risk, analyst recommendations, earnings, media sentiment and community ranking.

Credo Technology Group and Cricut both received 18 outperform votes by MarketBeat users. However, 54.55% of users gave Credo Technology Group an outperform vote while only 38.30% of users gave Cricut an outperform vote.

CompanyUnderperformOutperform
Credo Technology GroupOutperform Votes
18
54.55%
Underperform Votes
15
45.45%
CricutOutperform Votes
18
38.30%
Underperform Votes
29
61.70%

40.5% of Credo Technology Group shares are owned by institutional investors. Comparatively, 9.8% of Cricut shares are owned by institutional investors. 34.2% of Credo Technology Group shares are owned by insiders. Comparatively, 18.5% of Cricut shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

In the previous week, Credo Technology Group had 21 more articles in the media than Cricut. MarketBeat recorded 25 mentions for Credo Technology Group and 4 mentions for Cricut. Cricut's average media sentiment score of 0.17 beat Credo Technology Group's score of 0.09 indicating that Cricut is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Credo Technology Group
2 Very Positive mention(s)
6 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Neutral
Cricut
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Credo Technology Group presently has a consensus target price of $14.11, indicating a potential downside of 14.27%. Cricut has a consensus target price of $6.83, indicating a potential downside of 36.73%. Given Credo Technology Group's stronger consensus rating and higher possible upside, analysts clearly believe Credo Technology Group is more favorable than Cricut.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Credo Technology Group
1 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.56
Cricut
2 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.33

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Credo Technology Group$184.19 million13.28-$22.18 million-$0.04-411.50
Cricut$886.30 million2.67$60.67 million$0.2151.43

Cricut has a net margin of 5.62% compared to Credo Technology Group's net margin of -8.98%. Cricut's return on equity of 6.52% beat Credo Technology Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Credo Technology Group -8.98% -1.96% -1.65%
Cricut 5.62% 6.52% 5.05%

Summary

Credo Technology Group and Cricut tied by winning 8 of the 16 factors compared between the two stocks.


New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CRDO 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 IndustryBusiness SectorNASDAQ Exchange
Market Cap$2.45B$27.64B$5.00B$6.27B
Dividend YieldN/A30.70%4.78%6.35%
P/E Ratio-411.5039.05336.7114.81
Price / Sales13.2819.06336.3288.28
Price / CashN/A32.75238.70108.45
Price / Book7.137.045.596.95
Net Income-$22.18M$1.01B$117.92M$193.49M
7 Day Performance19.97%1.47%1.92%2.28%
1 Month Performance120.05%17.70%3.20%5.08%
1 Year Performance27.50%-1.19%-10.77%1.68%

Credo Technology Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CRCT
Cricut
1.5814 of 5 stars
$9.31
+4.8%
$6.83
-26.6%
+32.5%$2.04B$886.30M44.33830Dividend Increase
Insider Selling
High Trading Volume
LSPD
Lightspeed Commerce
2.2705 of 5 stars
$13.35
+4.2%
$21.14
+58.4%
-46.1%$2.01B$730.51M-1.883,000Gap Up
LUMN
Lumen Technologies
1.8174 of 5 stars
$1.98
+0.5%
$5.11
+158.1%
-83.0%$1.99B$17.48B-1.2029,000
ICFI
ICF International
2.2603 of 5 stars
$111.04
+0.7%
$136.50
+22.9%
+14.2%$2.09B$1.78B33.459,000Analyst Revision
RIOT
Riot Platforms
1.5664 of 5 stars
$12.03
+10.2%
$11.18
-7.1%
+70.5%$2.11B$259.17M-2.748Insider Selling
Gap Up
FA
First Advantage
1.4441 of 5 stars
$13.36
+0.8%
$14.40
+7.8%
-4.8%$1.95B$810.02M39.295,800
COUR
Coursera
2.0005 of 5 stars
$12.50
+0.4%
$17.08
+36.7%
-24.2%$1.88B$523.76M-10.771,401Insider Selling
Short Interest ↑
JAMF
Jamf
2.1425 of 5 stars
$17.62
+2.6%
$26.00
+47.6%
-33.2%$2.18B$502.73M-15.192,796Short Interest ↓
Positive News
AMBP
Ardagh Metal Packaging
2.5627 of 5 stars
$3.67
-1.1%
$5.63
+53.5%
-40.1%$2.19B$4.69B13.096,300
GDS
GDS
1.6296 of 5 stars
$10.00
-1.6%
$29.44
+194.4%
-61.4%$1.87B$1.35B-8.702,185Analyst Report

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This page (NASDAQ:CRDO) was last updated on 6/3/2023 by MarketBeat.com Staff

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