Credo Technology Group Holding (CRDO)

Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: KYG254571055

Credo Technology Group Holding Ltd, traded on NASDAQ under the symbol CRDO, delivers a range of high-speed connectivity solutions for both optical and electrical Ethernet applications. Operating in the United States, Mexico, Mainland China, Hong Kong, and beyond, the company's offerings encompass HiWire active electrical cables, optical digital signal processors, line card PHY, and SerDes chiplets. Additionally, they provide SerDes IP licensing as part of their intellectual property solutions.

Catering to hyperscalers, original equipment manufacturers, original design manufacturers, optical module manufacturers, as well as the enterprise and HPC markets, Credo Technology Group Holding Ltd's product line comprises integrated circuits, active electrical cables, and SerDes chiplets that leverage their advanced serializer/deserializer and digital signal processor technologies.

Founded in 2008 and headquartered in San Jose, California, this innovative company continues to push the boundaries of connectivity technology. To learn more about Credo Technology Group Holding Ltd, visit their website at https://credosemi.com.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Credo Technology Group Holding (CRDO)

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for Credo Technology Group Holding (CRDO)

CRDO Stock Overview

Market Cap in USD 3,628m
Sector Technology
Industry Communication Equipment
GiC SubIndustry Semiconductors
TER 0.00%
IPO / Inception 2022-01-27

CRDO Stock Ratings

Fundamental -4.67
Dividend -
Growth 5y 5.77
Rel. Performance vs Sector 3.22
Analysts 4.17/5
Fair Price Momentum 22.46 USD
Fair Price DCF -

CRDO Dividends

Yield 12m 0.00%
Yield on Cost 5y 0.00%
Dividends CAGR 5y 0.00%
Payout Consistency 0.0%

CRDO Growth Ratios

Growth 12m 133.74%
Growth Correlation 12m 60%
Growth Correlation 3m 32%
CAGR 5y 31.82%
Sharpe Ratio 12m 2.27
Alpha vs SP500 12m 75.42
Beta vs SP500 5y weekly 1.96
ValueRay RSI 48.03
Volatility GJR Garch 1y 69.80%
Price / SMA 50 -0.7%
Price / SMA 200 18.83%
Current Volume 1332.7k
Average Volume 20d 2078.2k

External Links for CRDO Stock

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What is the price of CRDO stocks?
As of March 28, 2024, the stock is trading at USD 21.20 with a total of 1,332,703 shares traded.
Over the past week, the price has changed by +2.51%, over one month by -3.72%, over three months by +6.85% and over the past year by +138.20%.
What is the forecast for CRDO stock price target?
According to ValueRays Forecast Model, CRDO Credo Technology Group Holding will be worth about 25.6 in March 2025. The stock is currently trading at 21.20. This means that the stock has a potential upside of +20.9%.
Issuer Forecast Upside
Wallstreet Target Price 26.3 23.9%
Analysts Target Price 19.5 -8.07%
ValueRay Target Price 25.6 20.9%