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

Credo Technology Group logo
$107.56 -3.99 (-3.58%)
Closing price 08/1/2025 04:00 PM Eastern
Extended Trading
$106.69 -0.87 (-0.81%)
As of 08/1/2025 07:59 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Credo Technology Group Stock (NASDAQ:CRDO)

Key Stats

Today's Range
$102.81
$110.11
50-Day Range
$60.54
$116.01
52-Week Range
$22.50
$118.95
Volume
5.72 million shs
Average Volume
4.37 million shs
Market Capitalization
$18.46 billion
P/E Ratio
398.37
Dividend Yield
N/A
Price Target
$87.91
Consensus Rating
Buy

Company Overview

Credo Technology Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
72nd Percentile Overall Score

CRDO MarketRank™: 

Credo Technology Group scored higher than 72% of companies evaluated by MarketBeat, and ranked 269th out of 659 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 3.08, and is based on 12 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Credo Technology Group has been the subject of 9 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 398.37, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 28.10.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Credo Technology Group is 398.37, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 48.17.

  • Price to Earnings Growth Ratio

    Credo Technology Group has a PEG Ratio of 2.00. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Credo Technology Group has a P/B Ratio of 26.82. 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

    5.50% 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 1.6, 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 18.10%, 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

    5.50% 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 1.6, 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 18.10%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Credo Technology Group has a news sentiment score of 1.28. 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 19 news articles for Credo Technology Group this week, compared to 15 articles on an average week.
  • Search Interest

    56 people have searched for CRDO on MarketBeat in the last 30 days. This is an increase of 2% compared to the previous 30 days.
  • MarketBeat Follows

    33 people have added Credo Technology Group to their MarketBeat watchlist in the last 30 days. This is an increase of 65% 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 $88,673,161.00 in company stock.

  • Percentage Held by Insiders

    16.04% 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

BREAKING: The House just passed 3 pro-crypto bills!
THREE pro-crypto bills just passed the House! Now, experts believe altcoin season is officially here.
Credo's Rally Seems To Be In Its Infancy
See More Headlines

CRDO Stock Analysis - Frequently Asked Questions

Credo Technology Group's stock was trading at $67.21 at the start of the year. Since then, CRDO shares have increased by 60.0% and is now trading at $107.56.

Credo Technology Group Holding Ltd. (NASDAQ:CRDO) announced its earnings results on Monday, June, 2nd. The company reported $0.35 earnings per share for the quarter, topping analysts' consensus estimates of $0.27 by $0.08. The firm's revenue was up 179.6% on a year-over-year basis.
Read the conference call transcript
.

Credo Technology Group (CRDO) raised $220 million in an IPO on Thursday, January 27th 2022. The company issued 20,000,000 shares at a price of $10.00-$12.00 per share.

Top institutional shareholders of Credo Technology Group include Swedbank AB (1.09%), FengHe Fund Management Pte. Ltd. (0.40%), Carnegie Investment Counsel (0.22%) and Allspring Global Investments Holdings LLC (0.11%). Insiders that own company stock include Chi Fung Cheng, Pantas Sutardja, Yat Tung Lam, William Joseph Brennan, William Joseph Brennan, Daniel W Fleming, Lip Bu Tan, 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
6/02/2025
Today
8/02/2025
Next Earnings (Estimated)
9/03/2025
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
N/A

Price Target and Rating

High Price Target
$115.00
Low Price Target
$45.00
Potential Upside/Downside
-18.3%
Consensus Rating
Buy
Rating Score (0-4)
3.08
Research Coverage
13 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.27
Trailing P/E Ratio
398.37
Forward P/E Ratio
827.38
P/E Growth
2
Net Income
$52.18 million
Net Margins
11.95%
Pretax Margin
12.56%
Return on Equity
8.77%
Return on Assets
7.55%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
6.62
Quick Ratio
5.79

Sales & Book Value

Annual Sales
$436.78 million
Price / Sales
42.27
Cash Flow
$0.43 per share
Price / Cash Flow
252.59
Book Value
$4.01 per share
Price / Book
26.82

Miscellaneous

Outstanding Shares
171,642,000
Free Float
144,111,000
Market Cap
$18.46 billion
Optionable
Optionable
Beta
2.57

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This page (NASDAQ:CRDO) was last updated on 8/2/2025 by MarketBeat.com Staff
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