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
Overall Trend and Yearly Seasonality
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
Wall Street Journal • Benzinga • Yahoo Finance
Tweets
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Fund Manager Positions
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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%.
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% |