CREDO TECHNOLOGY GROUP HOLDI (CRDO) Stock Price, Forecast & Analysis
USA - NASDAQ:CRDO - KYG254571055 - Common Stock
CRDO Key Statistics, Chart & Performance
The current stock price of CRDO is 138.39 USD. In the past month the price increased by 3.41%. In the past year, price increased by 209.51%.
CRDO Latest News, Press Relases and Analysis
CRDO Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| NVDA | NVIDIA CORP | 43.5 | 4.44T | ||
| AVGO | BROADCOM INC | 55.6 | 1.65T | ||
| AMD | ADVANCED MICRO DEVICES | 56.36 | 341.14B | ||
| MU | MICRON TECHNOLOGY INC | 24.56 | 228.53B | ||
| QCOM | QUALCOMM INC | 13.41 | 173.91B | ||
| INTC | INTEL CORP | 57.57 | 158.63B | ||
| TXN | TEXAS INSTRUMENTS INC | 28.31 | 140.80B | ||
| ADI | ANALOG DEVICES INC | 31.53 | 111.70B | ||
| MRVL | MARVELL TECHNOLOGY INC | 33.28 | 66.56B | ||
| MPWR | MONOLITHIC POWER SYSTEMS INC | 50.9 | 41.61B | ||
| MCHP | MICROCHIP TECHNOLOGY INC | 53.1 | 26.65B | ||
| FSLR | FIRST SOLAR INC | 18.93 | 26.43B |
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About CRDO
Company Profile
Credo Technology Group Holding Ltd. engages in the development of connectivity solutions and products for the data infrastructure market. The firm delivers high-speed solutions to break bandwidth barriers on every wired connection in the data infrastructure market. The company provides high-speed connectivity solutions that deliver improved power efficiency as data rates and corresponding bandwidth requirements increase exponentially throughout the data infrastructure market. Its connectivity solutions are optimized for optical and electrical Ethernet applications, including the emerging 100 gigabits per second (G), 200G, 400G, 800G and the emerging 1.6 terabits per second (T) port markets. Its products are based on its Serializer/Deserializer (SerDes) and Digital Signal Processor (DSP) technologies. Its product families include integrated circuits (ICs) for the optical and line card markets, active electrical cables (AECs) and SerDes Chiplets. The Company’s intellectual property (IP) solutions consist primarily of SerDes IP licensing.
Company Info
CREDO TECHNOLOGY GROUP HOLDI
C/O Maples Corporate Services, Limited, Po Box 309, Ugland House
George Town KY
Employees: 622
Phone: 14086649329
CREDO TECHNOLOGY GROUP HOLDI / CRDO FAQ
What does CRDO do?
Credo Technology Group Holding Ltd. engages in the development of connectivity solutions and products for the data infrastructure market. The firm delivers high-speed solutions to break bandwidth barriers on every wired connection in the data infrastructure market. The company provides high-speed connectivity solutions that deliver improved power efficiency as data rates and corresponding bandwidth requirements increase exponentially throughout the data infrastructure market. Its connectivity solutions are optimized for optical and electrical Ethernet applications, including the emerging 100 gigabits per second (G), 200G, 400G, 800G and the emerging 1.6 terabits per second (T) port markets. Its products are based on its Serializer/Deserializer (SerDes) and Digital Signal Processor (DSP) technologies. Its product families include integrated circuits (ICs) for the optical and line card markets, active electrical cables (AECs) and SerDes Chiplets. The Company’s intellectual property (IP) solutions consist primarily of SerDes IP licensing.
What is the current price of CRDO stock?
The current stock price of CRDO is 138.39 USD. The price decreased by -2.46% in the last trading session.
Does CRDO stock pay dividends?
CRDO does not pay a dividend.
What is the ChartMill technical and fundamental rating of CRDO stock?
CRDO has a ChartMill Technical rating of 7 out of 10 and a ChartMill Fundamental rating of 7 out of 10.
What sector and industry does CREDO TECHNOLOGY GROUP HOLDI belong to?
CREDO TECHNOLOGY GROUP HOLDI (CRDO) operates in the Information Technology sector and the Semiconductors & Semiconductor Equipment industry.
Can you provide the growth outlook for CREDO TECHNOLOGY GROUP HOLDI?
The Revenue of CREDO TECHNOLOGY GROUP HOLDI (CRDO) is expected to grow by 127.61% in the next year. Check the estimates tab for more information on the EPS, Sales, EBIT and EBITDA future analyst estimates.
What is the Short Interest ratio of CREDO TECHNOLOGY GROUP HOLDI (CRDO) stock?
The outstanding short interest for CREDO TECHNOLOGY GROUP HOLDI (CRDO) is 4.91% of its float.
CRDO Technical Analysis
ChartMill assigns a technical rating of 7 / 10 to CRDO. When comparing the yearly performance of all stocks, CRDO is one of the better performing stocks in the market, outperforming 97.67% of all stocks.
CRDO Fundamental Analysis
ChartMill assigns a fundamental rating of 7 / 10 to CRDO. CRDO has an excellent financial health rating, but there are some minor concerns on its profitability.
CRDO Financial Highlights
Over the last trailing twelve months CRDO reported a non-GAAP Earnings per Share(EPS) of 1.19. The EPS increased by 643.75% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 20.85% | ||
| ROA | 13.82% | ||
| ROE | 16.01% | ||
| Debt/Equity | 0 |
CRDO Forecast & Estimates
22 analysts have analysed CRDO and the average price target is 165.93 USD. This implies a price increase of 19.9% is expected in the next year compared to the current price of 138.39.
For the next year, analysts expect an EPS growth of 198.3% and a revenue growth 127.61% for CRDO