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Credo Technology Group Holding NasdaqGS:CRDO Stock Report

Last Price

US$28.88

Market Cap

US$4.7b

7D

6.4%

1Y

60.2%

Updated

16 Jun, 2024

Data

Company Financials +

Credo Technology Group Holding Ltd

NasdaqGS:CRDO Stock Report

Market Cap: US$4.7b

CRDO Stock Overview

Provides various high-speed connectivCredo 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.

CRDO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth6/6
Past Performance0/6
Financial Health6/6
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$28.88
52 Week HighUS$29.89
52 Week LowUS$13.38
Beta2.2
1 Month Change52.89%
3 Month Change45.49%
1 Year Change60.18%
3 Year Changen/a
5 Year Changen/a
Change since IPO147.90%

Recent News & Updates

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

Recent updates

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

Credo Technology Group Holding Ltd Just Beat EPS By 300%: Here's What Analysts Think Will Happen Next

Mar 05
Credo Technology Group Holding Ltd Just Beat EPS By 300%: Here's What Analysts Think Will Happen Next

We Think Credo Technology Group Holding (NASDAQ:CRDO) Can Easily Afford To Drive Business Growth

Jan 15
We Think Credo Technology Group Holding (NASDAQ:CRDO) Can Easily Afford To Drive Business Growth

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: The Future Is Bright

Sep 26

Shareholder Returns

CRDOUS SemiconductorUS Market
7D6.4%8.5%1.2%
1Y60.2%100.8%20.8%

Return vs Industry: CRDO underperformed the US Semiconductor industry which returned 99.7% over the past year.

Return vs Market: CRDO exceeded the US Market which returned 20.6% over the past year.

Price Volatility

Is CRDO's price volatile compared to industry and market?
CRDO volatility
CRDO Average Weekly Movement10.4%
Semiconductor Industry Average Movement6.3%
Market Average Movement5.7%
10% most volatile stocks in US Market15.4%
10% least volatile stocks in US Market2.9%

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

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
2008438Bill Brennancredosemi.com

Credo Technology Group Holding Ltd provides various high-speed connectivCredo 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 HiWire active electrical cables, optical digital signal processors, low-power line card PHY, serializer/deserializer (SerDes) chiplets, and SerDes IP. 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$4.72b
Earnings (TTM)-US$28.37m
Revenue (TTM)US$192.97m

24.4x

P/S Ratio

-166.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CRDO income statement (TTM)
RevenueUS$192.97m
Cost of RevenueUS$73.54m
Gross ProfitUS$119.43m
Other ExpensesUS$147.80m
Earnings-US$28.37m

Last Reported Earnings

Apr 27, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.17
Gross Margin61.89%
Net Profit Margin-14.70%
Debt/Equity Ratio0%

How did CRDO perform over the long term?

See historical performance and comparison
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