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(CRDO) Credo Technology Holding - Ratings and Ratios

Exchange: NASDAQ • Country: Cayman Islands • Currency: USD • Type: Common Stock • ISIN: KYG254571055

CRDO: High-Speed, Connectivity, Solutions, Optical, Electrical

Credo Technology Group Holding Ltd (NASDAQ:CRDO) is a leading global provider of high-speed connectivity solutions, specializing in optical and electrical Ethernet applications. The company serves a diverse range of markets, including hyperscalers, original equipment manufacturers (OEMs), original design manufacturers (ODMs), optical module manufacturers, and enterprise and high-performance computing (HPC) markets. Its product portfolio includes HiWire active electrical cables, optical digital signal processors, low-power line card PHYs, serializer/deserializer (SerDes) chiplets, SerDes IP, and integrated circuits. Additionally, the company offers intellectual property solutions through SerDes IP licensing. Founded in 2008 and headquartered in Grand Cayman, Cayman Islands, Credo operates globally with a presence in the United States, Taiwan, Mainland China, Hong Kong, and other international markets. Web URL: https://credosemi.com

Based on and , Credo Technology Group Holding Ltd (NASDAQ:CRDO) is expected to experience the following trends over the next three months: 1. Price Movement: The stock is likely to face downward pressure, as the SMA 20 (38.86) is below the SMA 50 (47.96) and SMA 200 (46.57), indicating a bearish trend. The ATR of 4.01 suggests moderate volatility, which could amplify price swings. 2. Resistance Levels: The stock may encounter resistance near the SMA 50 level of 47.96, with potential pullbacks toward the SMA 200 level of 46.57. 3. Support Levels: Immediate support is expected around the SMA 20 level of 38.86, with potential buying interest emerging if the stock tests this level. 4. Volume Trends: Average daily volume of 4,456,430 shares suggests moderate liquidity, which could lead to sharper price movements during periods of high volatility. 5. Valuation Metrics: The high P/E ratio of 1274.67 indicates a rich valuation, while the forward P/E of 38.46 suggests market expectations of improved earnings. The P/B ratio of 11.90 reflects a premium valuation relative to book value, and the P/S ratio of 22.50 highlights a high valuation relative to sales. The RoE of 0.83% is relatively low, which may raise concerns about profitability. 6. Market Sentiment: Investors may remain cautious due to the stocks high valuation multiples and the potential for downward pressure from the bearish moving average crossover. However, the forward P/E ratio suggests optimism about future growth prospects. 7. Potential Catalysts: Any positive developments in SerDes technology adoption, licensing agreements, or revenue growth could act as catalysts for upward movement. Conversely, macroeconomic headwinds or disappointing earnings could exacerbate downward pressure.

Additional Sources for CRDO Stock

News: Wall Street Journal Benzinga Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle

CRDO Stock Overview

Market Cap in USD 7,417m
Sector Technology
Industry Semiconductors
GiC Sub-Industry Semiconductors
IPO / Inception 2022-01-27

CRDO Stock Ratings

Growth Rating 70.3
Fundamental 21.3
Dividend Rating 0.0
Rel. Strength 143
Analysts 4.54/5
Fair Price Momentum 42.86 USD
Fair Price DCF 0.62 USD

CRDO Dividends

No Dividends Paid

CRDO Growth Ratios

Growth Correlation 3m -86.6%
Growth Correlation 12m 79.1%
Growth Correlation 5y 86.2%
CAGR 5y 49.41%
CAGR/Max DD 5y 0.80
Sharpe Ratio 12m 0.83
Alpha 112.10
Beta 3.206
Volatility 82.33%
Current Volume 3038.2k
Average Volume 20d 4364.4k
What is the price of CRDO stocks?
As of May 01, 2025, the stock is trading at USD 43.05 with a total of 3,038,209 shares traded.
Over the past week, the price has changed by +6.32%, over one month by +7.20%, over three months by -38.52% and over the past year by +140.91%.
Is Credo Technology Holding a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Credo Technology Holding is currently (May 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 21.30 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of CRDO as of May 2025 is 42.86. This means that CRDO is currently overvalued and has a potential downside of -0.44%.
Is CRDO a buy, sell or hold?
Credo Technology Holding has received a consensus analysts rating of 4.54. Therefor, it is recommend to buy CRDO.
  • Strong Buy: 8
  • Buy: 4
  • Hold: 1
  • Sell: 0
  • Strong Sell: 0
What are the forecast for CRDO stock price target?
According to ValueRays Forecast Model, CRDO Credo Technology Holding will be worth about 51.4 in May 2026. The stock is currently trading at 43.05. This means that the stock has a potential upside of +19.47%.
Issuer Forecast Upside
Wallstreet Target Price 67.5 56.7%
Analysts Target Price 69 60.3%
ValueRay Target Price 51.4 19.5%