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Credo Technology Group Holding Ltd (CRDO)
NASDAQ:CRDO
RESEARCH TOOLSreports
CRDO Stock Chart & Stats
Day’s Range― - ―
52-Week Range$16.82 - $86.69
Previous CloseN/A
Volume1.24M
Average Volume (3M)7.02M
Market Cap
$7.31B
Enterprise Value$6.36B
Total Cash (Recent Filing)$96.07M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)3189.8
Beta3.46
Next Earnings
May 28, 2025EPS Estimate
0.26Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.01
Shares Outstanding167,239,070
10 Day Avg. Volume9,444,526
30 Day Avg. Volume7,018,822
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)29.76
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market Cap0.87
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit53.29
Enterprise Value/Ebitda-415.28
Forecast
1Y Price Target
$80.40Price Target Upside83.98% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
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Credo Technology Group Holding Ltd News
PremiumStock Analysis & Ideas
Bank of America Says Buy the Dip in These 2 ‘Strong Buy’ Stocks
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Bulls Say, Bears Say
Bulls Say
Customer DiversificationCFO Fleming noted that 3-4 customers will be >10% of revenue in the coming quarters as additional hyperscalers ramp, a positive as Credo continues to diversify its customer base.
Revenue GrowthCredo reported better results and even stronger guidance as AEC ramps with its largest hyperscaler customer.
Bears Say
Revenue ConcentrationConcentration remains a concern as the largest customer represented ~86% of revenue.
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Ownership Overview
16.58% Insiders
25.58% Mutual Funds
17.37% Other Institutional Investors
23.76% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CRDO FAQ
What was Credo Technology Group Holding Ltd’s price range in the past 12 months?
Credo Technology Group Holding Ltd lowest stock price was $16.82 and its highest was $86.69 in the past 12 months.
What is Credo Technology Group Holding Ltd’s market cap?
Credo Technology Group Holding Ltd’s market cap is $7.31B.
When is Credo Technology Group Holding Ltd’s upcoming earnings report date?
Credo Technology Group Holding Ltd’s upcoming earnings report date is May 28, 2025 which is in 79 days.
How were Credo Technology Group Holding Ltd’s earnings last quarter?
Credo Technology Group Holding Ltd released its earnings results on Mar 04, 2025. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.176 by $0.074.
Is Credo Technology Group Holding Ltd overvalued?
According to Wall Street analysts Credo Technology Group Holding Ltd’s price is currently Undervalued.
Does Credo Technology Group Holding Ltd pay dividends?
Credo Technology Group Holding Ltd does not currently pay dividends.
What is Credo Technology Group Holding Ltd’s EPS estimate?
Credo Technology Group Holding Ltd’s EPS estimate is 0.26.
How many shares outstanding does Credo Technology Group Holding Ltd have?
Credo Technology Group Holding Ltd has 167,239,070 shares outstanding.
What happened to Credo Technology Group Holding Ltd’s price movement after its last earnings report?
Credo Technology Group Holding Ltd reported an EPS of $0.25 in its last earnings report, beating expectations of $0.176. Following the earnings report the stock price went down -13.973%.
Which hedge fund is a major shareholder of Credo Technology Group Holding Ltd?
Currently, no hedge funds are holding shares in CRDO
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Credo Technology Group Holding Ltd Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$80.40 (83.98% Upside)
$80.40 (83.98% Upside)
Blogger Sentiment
Bullish
CRDO Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 1.4M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $41.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 7.3%
Last 30 Days ▲ 6.5%
Last 30 Days ▲ 6.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
94.04%
12-Months-Change
Fundamentals
Return on Equity
0.89%
Trailing 12-Months
Asset Growth
21.51%
Trailing 12-Months
Company Description
Credo Technology Group Holding Ltd
Credo Technology Group Holding Ltd (CRDO) is a leading provider in the semiconductor industry, focusing on the design and development of high-performance, low-power connectivity solutions. The company specializes in offering products and services that enable efficient data transmission and connectivity, catering to sectors such as data centers, enterprise networking, and telecommunications. Credo's core product offerings include SerDes (Serializer/Deserializer) chipsets, Active Electrical Cables (AEC), and optical modules, which are essential for facilitating high-speed data transfer and connectivity in modern digital infrastructures.
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CRDO Earnings Call
Q3 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflects a strong positive sentiment with record-breaking revenue growth and significant advancements across Credo's product lines, particularly in connectivity solutions and PCIe product introductions. However, there are concerns about high customer concentration and dependence on a single hyperscale customer. Despite these concerns, the overall outlook remains positive with expectations of diversifying revenue streams in the coming quarters.Read More>---
CRDO Stock 12 Month Forecast
Average Price Target
$80.40
▲(83.98% Upside)
Technical Analysis
Best Analysts Covering CRDO
1 Year
1 Year Success Rate
16/22 ratings generated profit
1 Year Average Return
+66.15%
reiterated a buy rating 6 days ago
Copying Richard Shannon's trades and holding each position for 1 Year would result in 72.73% of your transactions generating a profit, with an average return of +66.15% per trade.
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