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CRDO

Credo Technology Group Holding NasdaqGS:CRDO Stock Report

Last Price

US$14.69

Market Cap

US$2.2b

7D

5.8%

1Y

n/a

Updated

07 Dec, 2022

Data

Company Financials +
CRDO fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance0/6
Financial Health5/6
Dividends0/6

CRDO Stock Overview

Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Mexico, Mainland China, Hong Kong, and internationally.

Credo Technology Group Holding Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Credo Technology Group Holding
Historical stock prices
Current Share PriceUS$14.69
52 Week HighUS$18.00
52 Week LowUS$8.61
Beta0
1 Month Change3.52%
3 Month Change14.68%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO26.09%

Recent News & Updates

Recent updates

Credo Technology Group Holding Ltd's (NASDAQ:CRDO) Intrinsic Value Is Potentially 91% Above Its Share Price

Oct 12
Credo Technology Group Holding Ltd's (NASDAQ:CRDO) Intrinsic Value Is Potentially 91% Above Its Share Price

Credo Technology Group Holding (NASDAQ:CRDO) Is In A Strong Position To Grow Its Business

Aug 24
Credo Technology Group Holding (NASDAQ:CRDO) Is In A Strong Position To Grow Its Business

Credo Technology Group Holding Ltd's (NASDAQ:CRDO) Intrinsic Value Is Potentially 84% Above Its Share Price

Jun 03
Credo Technology Group Holding Ltd's (NASDAQ:CRDO) Intrinsic Value Is Potentially 84% Above Its Share Price

We're Interested To See How Credo Technology Group Holding (NASDAQ:CRDO) Uses Its Cash Hoard To Grow

Apr 28
We're Interested To See How Credo Technology Group Holding (NASDAQ:CRDO) Uses Its Cash Hoard To Grow

Shareholder Returns

CRDOUS SemiconductorUS Market
7D5.8%0.5%-0.4%
1Yn/a-34.9%-20.6%

Return vs Industry: Insufficient data to determine how CRDO performed against the US Semiconductor industry.

Return vs Market: Insufficient data to determine how CRDO performed against the US Market.

Price Volatility

Is CRDO's price volatile compared to industry and market?
CRDO volatility
CRDO Average Weekly Movement7.7%
Semiconductor Industry Average Movement7.8%
Market Average Movement7.4%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.3%

Stable Share Price: CRDO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: CRDO's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2008382Bill Brennanhttps://credosemi.com

Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Mexico, Mainland China, Hong Kong, and internationally. Its products include integrated circuits, active electrical cables, and SerDes chiplets that are based on its serializer/deserializer and digital signal processor technologies. The company also offers intellectual property solutions consist of SerDes IP licensing.

Credo Technology Group Holding Ltd Fundamentals Summary

How do Credo Technology Group Holding's earnings and revenue compare to its market cap?
CRDO fundamental statistics
Market CapUS$2.16b
Earnings (TTM)-US$8.93m
Revenue (TTM)US$167.16m

12.9x

P/S Ratio

-241.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CRDO income statement (TTM)
RevenueUS$167.16m
Cost of RevenueUS$66.91m
Gross ProfitUS$100.26m
Other ExpensesUS$109.19m
Earnings-US$8.93m

Last Reported Earnings

Oct 29, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.061
Gross Margin59.98%
Net Profit Margin-5.34%
Debt/Equity Ratio0%

How did CRDO perform over the long term?

See historical performance and comparison