Credo Technology Group Holding Ltd [NASDAQ: CRDO] closed the trading session at $71.92.
The stocks have a year to date performance of 7.01 percent and weekly performance of 12.99 percent. The stock has been moved at 57.34 percent over the last six months. The stock has performed 49.03 percent around the most recent 30 days and changed 32.40 percent over the most recent 3-months.
If compared to the average trading volume of 4.89M shares, CRDO reached to a volume of 22611660 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Credo Technology Group Holding Ltd [CRDO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CRDO shares is $86.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CRDO stock is a recommendation set at 1.25. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
TD Cowen have made an estimate for Credo Technology Group Holding Ltd shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 03, 2025. The new note on the price target was released on March 10, 2025, representing the official price target for Credo Technology Group Holding Ltd stock. Previously, the target price had yet another raise to $80, while Susquehanna analysts kept a Neutral rating on CRDO stock.
The Average True Range (ATR) for Credo Technology Group Holding Ltd is set at 4.53, with the Price to Sales ratio for CRDO stock in the period of the last 12 months amounting to 27.96. The Price to Book ratio for the last quarter was 19.74, with the Price to Cash per share for the same quarter was set at 2.54.
CRDO stock trade performance evaluation
Credo Technology Group Holding Ltd [CRDO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 12.99. With this latest performance, CRDO shares gained by 49.03% in over the last four-week period, additionally plugging by 57.34% over the last 6 months – not to mention a rise of 179.95% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CRDO stock in for the last two-week period is set at 76.61, with the RSI for the last a single of trading hit 80.51, and the three-weeks RSI is set at 71.08 for Credo Technology Group Holding Ltd [CRDO]. The present Moving Average for the last 50 days of trading for this stock 48.44, while it was recorded at 64.41 for the last single week of trading, and 50.20 for the last 200 days.
Credo Technology Group Holding Ltd [CRDO]: An insightful look at the core fundamentals
Credo Technology Group Holding Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 5.79 and a Current Ratio set at 6.62.
Earnings per share (EPS) analysis for Credo Technology Group Holding Ltd [CRDO] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CRDO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Credo Technology Group Holding Ltd go to 35.46%.
Credo Technology Group Holding Ltd [CRDO]: Institutional Ownership
The top three institutional holders of CRDO stocks are: VANGUARD GROUP INC with ownership of 15.15 million shares, which is approximately 9.1753%. BLACKROCK INC., holding 14.19 million shares of the stock with an approximate value of $$453.31 million in CRDO stocks shares; and BLACKROCK INC., currently with $$390.73 million in CRDO stock with ownership which is approximately 7.4078%.
