Credo Technology Group Holding Ltd [NASDAQ: CRDO] plunged by -$1.4 during the normal trading session on Wednesday and reaching a high of $103.29 during the day while it closed the day at $101.19.
Credo Technology Group Holding Ltd stock has also gained 3.69% of its value over the past 7 days. However, CRDO stock has inclined by 158.80% in the 3 months of the year. Over the past six months meanwhile, it has gained 46.57% and gained 227.79% year-on date.
The market cap for CRDO stock reached $17.37 billion, with 171.17 million shares outstanding and 149.59 million shares in the current float. Compared to the average trading volume of 5.00M shares, CRDO reached a trading volume of 3986375 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 $96.00 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 18, 2025. While these analysts kept the previous recommendation, TD Cowen raised their target price from $50 to $85. The new note on the price target was released on June 03, 2025, representing the official price target for Credo Technology Group Holding Ltd stock. Previously, the target price had yet another raise to $60, while Susquehanna analysts kept a Positive rating on CRDO stock.
The Price to Book ratio for the last quarter was 25.41, with the Price to Cash per share for the same quarter was set at 2.51. Price to Free Cash Flow for CRDO in the course of the last twelve months was 598.50 with Quick ratio for the last quarter at 5.79.
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 3.69. With this latest performance, CRDO shares gained by 37.69% in over the last four-week period, additionally plugging by 46.57% over the last 6 months – not to mention a rise of 50.56% 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 73.37, with the RSI for the last a single of trading hit 5.10, and the three-weeks RSI is set at 4.90 for Credo Technology Group Holding Ltd [CRDO]. The present Moving Average for the last 50 days of trading for this stock 74.95, while it was recorded at 99.66 for the last single week of trading, and 58.36 for the last 200 days.
Credo Technology Group Holding Ltd [CRDO]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Credo Technology Group Holding Ltd [CRDO] shares currently have an operating margin of 8.70% and a Gross Margin at 62.66%. Credo Technology Group Holding Ltd’s Net Margin is presently recorded at 11.95%.
Return on Equity for this stock inclined to 7.40%, with Return on Assets sitting at 7.40%. When it comes to the capital structure of this company, Credo Technology Group Holding Ltd [CRDO] has a Total Debt to Total Equity ratio set at 0.02.
Reflecting on the efficiency of the workforce at the company, Credo Technology Group Holding Ltd [CRDO] managed to generate an average of $83890.68 per employee.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 45.13%.
Credo Technology Group Holding Ltd [CRDO]: Institutional Ownership
There are presently around $77.65%, or 91.03% of CRDO stock, in the hands of institutional investors. 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%.
