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Credo Technology Group (CRDO) Competitors

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$96.64 -0.95 (-0.97%)
As of 03:50 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

CRDO vs. NXPI, LHX, VRT, ERIC, STM, NOK, UI, ON, ASX, and HUBB

Should you be buying Credo Technology Group stock or one of its competitors? The main competitors of Credo Technology Group include NXP Semiconductors (NXPI), L3Harris Technologies (LHX), Vertiv (VRT), Ericsson (ERIC), STMicroelectronics (STM), Nokia (NOK), Ubiquiti (UI), ON Semiconductor (ON), ASE Technology (ASX), and Hubbell (HUBB). These companies are all part of the "electronic equipment" industry.

Credo Technology Group vs. Its Competitors

Credo Technology Group (NASDAQ:CRDO) and NXP Semiconductors (NASDAQ:NXPI) are both large-cap computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, analyst recommendations, valuation, institutional ownership, media sentiment, dividends, risk and profitability.

Credo Technology Group has a beta of 2.57, meaning that its share price is 157% more volatile than the S&P 500. Comparatively, NXP Semiconductors has a beta of 1.4, meaning that its share price is 40% more volatile than the S&P 500.

In the previous week, NXP Semiconductors had 21 more articles in the media than Credo Technology Group. MarketBeat recorded 38 mentions for NXP Semiconductors and 17 mentions for Credo Technology Group. NXP Semiconductors' average media sentiment score of 1.07 beat Credo Technology Group's score of 0.70 indicating that NXP Semiconductors is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Credo Technology Group
10 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
NXP Semiconductors
24 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Credo Technology Group currently has a consensus target price of $82.45, suggesting a potential downside of 14.68%. NXP Semiconductors has a consensus target price of $251.63, suggesting a potential upside of 7.68%. Given NXP Semiconductors' higher probable upside, analysts plainly believe NXP Semiconductors is more favorable than Credo Technology Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Credo Technology Group
0 Sell rating(s)
0 Hold rating(s)
12 Buy rating(s)
1 Strong Buy rating(s)
3.08
NXP Semiconductors
0 Sell rating(s)
3 Hold rating(s)
15 Buy rating(s)
1 Strong Buy rating(s)
2.89

80.5% of Credo Technology Group shares are held by institutional investors. Comparatively, 90.5% of NXP Semiconductors shares are held by institutional investors. 16.0% of Credo Technology Group shares are held by company insiders. Comparatively, 0.1% of NXP Semiconductors shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

NXP Semiconductors has higher revenue and earnings than Credo Technology Group. NXP Semiconductors 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
Credo Technology Group$436.77M37.98$52.18M$0.27357.93
NXP Semiconductors$12.61B4.68$2.51B$9.1825.46

NXP Semiconductors has a net margin of 19.16% compared to Credo Technology Group's net margin of 11.95%. NXP Semiconductors' return on equity of 29.62% beat Credo Technology Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Credo Technology Group11.95% 8.77% 7.55%
NXP Semiconductors 19.16%29.62%11.55%

Summary

NXP Semiconductors beats Credo Technology Group on 11 of the 16 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 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 GroupELEC COMP IndustryComputer SectorNASDAQ Exchange
Market Cap$16.58B$38.58B$27.49B$9.03B
Dividend YieldN/A2.17%3.13%4.03%
P/E Ratio357.8547.5237.3220.17
Price / Sales37.98299.521,967.00184.26
Price / Cash211.4091.5438.4457.97
Price / Book24.105.417.315.60
Net Income$52.18M$528.96M$764.25M$248.50M
7 Day Performance3.72%3.81%0.93%5.07%
1 Month Performance41.02%12.01%5.35%7.53%
1 Year Performance209.64%34.10%52,367.44%21.54%

Credo Technology Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CRDO
Credo Technology Group
3.482 of 5 stars
$96.64
-1.0%
$82.45
-14.7%
+210.4%$16.58B$436.77M357.85380Insider Trade
NXPI
NXP Semiconductors
4.8838 of 5 stars
$225.91
-2.7%
$246.22
+9.0%
-16.2%$57.03B$12.61B24.5933,100Positive News
Analyst Forecast
LHX
L3Harris Technologies
4.2383 of 5 stars
$256.97
+0.5%
$258.75
+0.7%
+14.7%$47.92B$21.33B30.4047,000Positive News
VRT
Vertiv
4.2582 of 5 stars
$125.79
-1.6%
$126.69
+0.7%
+38.4%$47.84B$8.01B72.9731,000Trending News
Analyst Upgrade
ERIC
Ericsson
2.0121 of 5 stars
$8.56
+0.2%
$9.80
+14.6%
+29.4%$28.64B$23.45B171.1094,326Trending News
Upcoming Earnings
STM
STMicroelectronics
2.5107 of 5 stars
$31.57
-2.2%
$29.67
-6.0%
-23.1%$28.31B$12.32B26.7249,602News Coverage
NOK
Nokia
2.3463 of 5 stars
$5.13
-1.3%
$5.85
+14.1%
+32.3%$27.63B$20.80B34.2480,361Trending News
Options Volume
UI
Ubiquiti
1.2483 of 5 stars
$420.61
-0.8%
$343.50
-18.3%
+166.2%$25.36B$1.93B46.171,515Positive News
Analyst Revision
ON
ON Semiconductor
4.2936 of 5 stars
$54.47
-3.8%
$56.65
+4.0%
-21.4%$22.67B$7.08B37.6726,490Trending News
Analyst Forecast
ASX
ASE Technology
3.69 of 5 stars
$10.14
-2.3%
N/A-13.4%$22.35B$18.54B21.5497,079News Coverage
HUBB
Hubbell
3.2803 of 5 stars
$410.98
-0.9%
$455.50
+10.8%
+12.9%$21.89B$5.63B27.7517,700Positive News
Analyst Forecast

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This page (NASDAQ:CRDO) was last updated on 7/10/2025 by MarketBeat.com Staff
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