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Credo Technology Group Holding Ltd. (CRDO)
: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)6.25M
Market Cap
$7.87B
Enterprise Value$6.36B
Total Cash (Recent Filing)$299.21M
Total Debt (Recent Filing)$12.96M
Price to Earnings (P/E)3382.5
Beta3.38
Next Earnings
May 28, 2025EPS Estimate
0.27Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.01
Shares Outstanding169,801,210
10 Day Avg. Volume5,015,129
30 Day Avg. Volume6,251,655
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)24.02
Price to Cash Flow (P/CF)467.00
P/FCF Ratio0.00
Enterprise Value/Market Cap0.81
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit53.29
Enterprise Value/Ebitda1.54K
Forecast
1Y Price Target
$81.00Price Target Upside74.79% 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
Financial PerformanceCredo posted a strong performance with over 100% quarter-over-quarter growth, showcasing impressive operational results.
Revenue GrowthCredo guided to >50% YOY revenue growth in FY26 with operating expenses growing at half the rate of revenue.
Technology PortfolioCredo has a growing portfolio of key AI connectivity technologies that are important in the current market.
Bears Say
Customer ConcentrationCustomer concentration with Amazon accounting for 86% of total spooked investors.
Market CompetitionIncreased competition from MRVL and others in AECs/DSPs, as well as with viable, alternative products in back-end networking and other AI areas.
Revenue Concentration ConcernManagement noted its largest customer, Amazon, was 86% of revenue in the quarter, leading to concerns about revenue concentration.
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Ownership Overview
16.36% Insiders
22.92% Mutual Funds
17.19% Other Institutional Investors
27.12% 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 $7.87B.
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 66 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 0.27.
How many shares outstanding does Credo Technology Group Holding Ltd. have?
Credo Technology Group Holding Ltd. has 169,801,210 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
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$81.00 (74.79% Upside)
$81.00 (74.79% Upside)
Blogger Sentiment
Bullish
CRDO Sentiment 70%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 1.4M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $23.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.0%
Last 30 Days ▲ 7.0%
Last 30 Days ▲ 7.0%
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
114.33%
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 delivers high-speed solutions to break bandwidth barriers on every wired connection in the data infrastructure market. It provides innovative, secure, high-speed connectivity solutions that delivers improved power and cost efficiency as data rates and corresponding bandwidth requirements increase exponentially throughout the data infrastructure market.
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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
$81.00
▲(74.79% Upside)
Technical Analysis
Best Analysts Covering CRDO
1 Year
1 Year Success Rate
17/22 ratings generated profit
1 Year Average Return
+69.80%
reiterated a buy rating 4 days ago
Copying Richard Shannon's trades and holding each position for 1 Year would result in 77.27% of your transactions generating a profit, with an average return of +69.80% per trade.
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