Logo image of CRDO

CREDO TECHNOLOGY GROUP HOLDI (CRDO) Stock Price, Quote, News and Overview

NASDAQ:CRDO - Nasdaq - KYG254571055 - Common Stock - Currency: USD

71.28  -0.48 (-0.67%)

Premarket: 72.17 +0.89 (+1.25%)

CRDO Quote, Performance and Key Statistics

CREDO TECHNOLOGY GROUP HOLDI

NASDAQ:CRDO (2/20/2025, 8:08:31 PM)

Premarket: 72.17 +0.89 (+1.25%)

71.28

-0.48 (-0.67%)

Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS SubIndustrySemiconductors
Statistics
52 Week High86.69
52 Week Low16.82
Market Cap11.92B
Shares167.24M
Float141.49M
Yearly DividendN/A
Dividend YieldN/A
PE324
Fwd PE68.38
Earnings (Next)03-04 2025-03-04/amc
IPO01-27 2022-01-27


CRDO short term performance overview.The bars show the price performance of CRDO in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 20 40 60 80

CRDO long term performance overview.The bars show the price performance of CRDO in the last 1, 2 and 3 years. 1 year 2 years 3 years 100 200 300 400 500

The current stock price of CRDO is 71.28 USD. In the past month the price decreased by -16.63%. In the past year, price increased by 215.4%.

CREDO TECHNOLOGY GROUP HOLDI / CRDO Daily stock chart

CRDO Competitors/Peers

The largest stocks on the US markets in the "Semiconductors" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
NVDA NVIDIA CORP 53.48 3431.29B
AVGO BROADCOM INC 46.65 1062.81B
TSM TAIWAN SEMICONDUCTOR-SP ADR N/A 1037.83B
QCOM QUALCOMM INC 15.98 192.11B
TXN TEXAS INSTRUMENTS INC 39.3 185.81B
AMD ADVANCED MICRO DEVICES 34.39 185.01B
ARM ARM HOLDINGS PLC-ADR 104.03 158.54B
ADI ANALOG DEVICES INC 38.82 120.96B
MU MICRON TECHNOLOGY INC 25.73 114.96B
INTC INTEL CORP 52.18 112.97B
MRVL MARVELL TECHNOLOGY INC 76.02 94.07B
NXPI NXP SEMICONDUCTORS NV 18.81 62.49B

About CRDO

Company Profile

CRDO logo image 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: 500

Company Website: https://investors.credosemi.com/

Investor Relations: http://investors.credosemi.com/

Phone: 14086649329

CREDO TECHNOLOGY GROUP HOLDI / CRDO FAQ

What is the stock price of CREDO TECHNOLOGY GROUP HOLDI today?

The current stock price of CRDO is 71.28 USD. The price decreased by -0.67% in the last trading session.


What is the ticker symbol for CREDO TECHNOLOGY GROUP HOLDI stock?

The exchange symbol of CREDO TECHNOLOGY GROUP HOLDI is CRDO and it is listed on the Nasdaq exchange.


On which exchange is CRDO stock listed?

CRDO stock is listed on the Nasdaq exchange.


What is the price forecast or stock price prediction for CREDO TECHNOLOGY GROUP HOLDI stock?

19 analysts have analysed CRDO and the average price target is 81.77 USD. This implies a price increase of 14.72% is expected in the next year compared to the current price of 71.28. Check the CREDO TECHNOLOGY GROUP HOLDI stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is CREDO TECHNOLOGY GROUP HOLDI worth?

CREDO TECHNOLOGY GROUP HOLDI (CRDO) has a market capitalization of 11.92B USD. This makes CRDO a Large Cap stock.


How many employees does CREDO TECHNOLOGY GROUP HOLDI have?

CREDO TECHNOLOGY GROUP HOLDI (CRDO) currently has 500 employees.


What are the support and resistance levels for CREDO TECHNOLOGY GROUP HOLDI (CRDO) stock?

CREDO TECHNOLOGY GROUP HOLDI (CRDO) has a support level at 70.48 and a resistance level at 73.84. Check the full technical report for a detailed analysis of CRDO support and resistance levels.


Is CREDO TECHNOLOGY GROUP HOLDI (CRDO) expected to grow?

The Revenue of CREDO TECHNOLOGY GROUP HOLDI (CRDO) is expected to grow by 102.31% in the next year. Check the estimates tab for more information on the CRDO EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy CREDO TECHNOLOGY GROUP HOLDI (CRDO) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does CREDO TECHNOLOGY GROUP HOLDI (CRDO) stock pay dividends?

CRDO does not pay a dividend.


When does CREDO TECHNOLOGY GROUP HOLDI (CRDO) report earnings?

CREDO TECHNOLOGY GROUP HOLDI (CRDO) will report earnings on 2025-03-04, after the market close.


What is the Price/Earnings (PE) ratio of CREDO TECHNOLOGY GROUP HOLDI (CRDO)?

The PE ratio for CREDO TECHNOLOGY GROUP HOLDI (CRDO) is 324. This is based on the reported non-GAAP earnings per share of 0.22 and the current share price of 71.28 USD. Check the full fundamental report for a full analysis of the valuation metrics for CRDO.


What is the Short Interest ratio of CREDO TECHNOLOGY GROUP HOLDI (CRDO) stock?

The outstanding short interest for CREDO TECHNOLOGY GROUP HOLDI (CRDO) is 4.92% of its float. Check the ownership tab for more information on the CRDO short interest.


CRDO Technical Analysis

ChartMill assigns a technical rating of 9 / 10 to CRDO. When comparing the yearly performance of all stocks, CRDO is one of the better performing stocks in the market, outperforming 98.21% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

CRDO Fundamental Analysis

ChartMill assigns a fundamental rating of 5 / 10 to CRDO. No worries on liquidiy or solvency for CRDO as it has an excellent financial health rating, but there are worries on the profitability.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

CRDO Financial Highlights

Over the last trailing twelve months CRDO reported a non-GAAP Earnings per Share(EPS) of 0.22. The EPS increased by 2300% compared to the year before.


Industry RankSector Rank
PM (TTM) N/A
ROA -3.73%
ROE -4.19%
Debt/Equity 0
Chartmill High Growth Momentum
EPS Q2Q%600%
Sales Q2Q%63.58%
EPS 1Y (TTM)2300%
Revenue 1Y (TTM)48.4%

CRDO Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 83% to CRDO. The Buy consensus is the average rating of analysts ratings from 19 analysts.

For the next year, analysts expect an EPS growth of 483.89% and a revenue growth 102.31% for CRDO


Ownership
Inst Owners75%
Ins Owners16.08%
Short Float %4.92%
Short Ratio1.35
Analysts
Analysts83.16
Price Target81.77 (14.72%)
EPS Next Y483.89%
Revenue Next Year102.31%