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Credo Technology Group Holding NasdaqGS:CRDO Stock Report

Last Price

US$42.97

Market Cap

US$7.3b

7D

-6.3%

1Y

128.7%

Updated

20 Nov, 2024

Data

Company Financials +

Credo Technology Group Holding Ltd

NasdaqGS:CRDO Stock Report

Market Cap: US$7.3b

CRDO Stock Overview

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

CRDO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth6/6
Past Performance0/6
Financial Health5/6
Dividends0/6

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$42.97
52 Week HighUS$48.94
52 Week LowUS$16.82
Beta2.19
11 Month Change7.61%
3 Month Change22.00%
1 Year Change128.69%
33 Year Changen/a
5 Year Changen/a
Change since IPO268.84%

Recent News & Updates

Credo Technology: Q2 Earnings Could Be Impressive, But The Stock Has Already Run Up

Nov 20

After Leaping 34% Credo Technology Group Holding Ltd (NASDAQ:CRDO) Shares Are Not Flying Under The Radar

Oct 15
After Leaping 34% Credo Technology Group Holding Ltd (NASDAQ:CRDO) Shares Are Not Flying Under The Radar

Recent updates

Credo Technology: Q2 Earnings Could Be Impressive, But The Stock Has Already Run Up

Nov 20

After Leaping 34% Credo Technology Group Holding Ltd (NASDAQ:CRDO) Shares Are Not Flying Under The Radar

Oct 15
After Leaping 34% Credo Technology Group Holding Ltd (NASDAQ:CRDO) Shares Are Not Flying Under The Radar

Credo Technology: Share Price Sell-Off Presents An Attractive Entry Point

Sep 18

Credo Technology Group Holding Ltd's (NASDAQ:CRDO) 36% Jump Shows Its Popularity With Investors

Aug 30
Credo Technology Group Holding Ltd's (NASDAQ:CRDO) 36% Jump Shows Its Popularity With Investors

Credo Technology: AI Revenue Doubling In FY25; Initiate With 'Buy'

Aug 14

Revenues Tell The Story For Credo Technology Group Holding Ltd (NASDAQ:CRDO) As Its Stock Soars 55%

Jun 19
Revenues Tell The Story For Credo Technology Group Holding Ltd (NASDAQ:CRDO) As Its Stock Soars 55%

Analysts Are Updating Their Credo Technology Group Holding Ltd (NASDAQ:CRDO) Estimates After Its Full-Year Results

Jun 01
Analysts Are Updating Their Credo Technology Group Holding Ltd (NASDAQ:CRDO) Estimates After Its Full-Year Results

Credo Technology Group Holding Ltd (NASDAQ:CRDO) Not Lagging Industry On Growth Or Pricing

Apr 30
Credo Technology Group Holding Ltd (NASDAQ:CRDO) Not Lagging Industry On Growth Or Pricing

Credo Technology: Positive On Growth Acceleration And Customer Base Diversification

Apr 10

Credo Technology: Comparative Metrics Vs. Main Competitors Broadcom And Marvell

Mar 08

Is Credo Technology Group Holding Ltd (NASDAQ:CRDO) Trading At A 33% Discount?

Jan 20
Is Credo Technology Group Holding Ltd (NASDAQ:CRDO) Trading At A 33% Discount?

Companies Like Credo Technology Group Holding (NASDAQ:CRDO) Can Afford To Invest In Growth

Aug 18
Companies Like Credo Technology Group Holding (NASDAQ:CRDO) Can Afford To Invest In Growth

Are Investors Undervaluing Credo Technology Group Holding Ltd (NASDAQ:CRDO) By 44%?

May 23
Are Investors Undervaluing Credo Technology Group Holding Ltd (NASDAQ:CRDO) By 44%?

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

Apr 27
Credo Technology Group Holding (NASDAQ:CRDO) Is In A Strong Position To Grow Its Business

Shareholder Returns

CRDOUS SemiconductorUS Market
7D-6.3%-2.6%-1.2%
1Y128.7%84.4%30.4%

Return vs Industry: CRDO exceeded the US Semiconductor industry which returned 84.4% over the past year.

Return vs Market: CRDO exceeded the US Market which returned 30.4% over the past year.

Price Volatility

Is CRDO's price volatile compared to industry and market?
CRDO volatility
CRDO Average Weekly Movement10.3%
Semiconductor Industry Average Movement7.6%
Market Average Movement6.2%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market3.1%

Stable Share Price: CRDO's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: CRDO's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2008500Bill Brennancredosemi.com

Credo Technology Group Holding Ltd provides various high-speed connectivity Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally. Its products include HiWire active electrical cables, optical digital signal processors, low-power line card PHY, serializer/deserializer (SerDes) chiplets, and SerDes IP, as well as integrated circuits, active electrical cables. 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$7.30b
Earnings (TTM)-US$26.21m
Revenue (TTM)US$217.59m

32.8x

P/S Ratio

-272.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CRDO income statement (TTM)
RevenueUS$217.59m
Cost of RevenueUS$81.67m
Gross ProfitUS$135.92m
Other ExpensesUS$162.14m
Earnings-US$26.21m

Last Reported Earnings

Aug 03, 2024

Next Earnings Date

Dec 02, 2024

Earnings per share (EPS)-0.16
Gross Margin62.47%
Net Profit Margin-12.05%
Debt/Equity Ratio0%

How did CRDO perform over the long term?

See historical performance and comparison