Is Credo Technology Group Holding Ltd (CRDO) a Buy, Sell, or Hold?
Credo Technology Group Holding Ltd
NASDAQ:CRDO
$76.25 USD
$4.44 (6.18%)
- Volume
- 4.97M
- Average Volume
- 4.54M
- Market Capitalization
- $12.75B
- P/E Ratio
- -533.07
- Dividend Yield
- 0.00%
- Price Target
- $45.00
- Year High
- $86.69
- Year Low
- $16.82
- Payout Ratio
- $0.00
- Current Ratio
- $10.84
Industry, Sector & symbol
| Stock Exchange | NASDAQ Global Select |
| CEO | Mr. William J. Brennan |
| Industry | Communication Equipment |
| Sector | Technology |
| Current Symbol | CRDO |
| CUSIP | G25457105 |
| CIK | 0001807794 |
| Web | https://credosemi.com |
| Phone | 1-866-471-2526 |
| Currency | USD |
| Employees | 500 |
| Country | US |
Liquidity
| Debt-to-Equity Ratio | 0.02 |
| Payout Ratio | 0.00 |
| Current Ratio | 10.84 |
| Quick Ratio | 10.11 |
| Cash Ratio | 4.82 |
Sales & Book Value
| Annual Sales | $192.97M |
| Price / Sales | 51.92 |
| Cash Flow | -0.18 |
| Price / Cash Flow | -425.97 |
| Price / Book | 22.35 |
Price Target and Rating
| Average Stock Price Forecast | $45.00 |
| High Stock Price Forecast | $85.00 |
| Low Stock Price Forecast | $32.00 |
| Forecast Upside/Downside | 69.44% |
| Consensus Rating | Strong Sell |
| Rating Score(0-5) | 1 |
| Research Coverage | 7 Analysts |
Profitability
| EPS (Most Recent Fiscal Year) | $-0.18 |
| Trailing P/E Ratio | -533.07 |
| PEG Ratio | -42.65 |
| P/E Growth | -42.65 |
| Net Income | $-28.37M |
| Net Margin | -9.70% |
| Pretax Margin | -7.00% |
| Return on Equity | -4.34% |
| Return on Assets | -3.73% |
Financials Score
| AltmanZ Score | 109.10 |
| Piotroski Score | 4.00 |
| Working Capital | 488.61M |
| Total Assets | 638.55M |
| Ebit | -35.85M |
| Market Cap | 12.75B |
| Total Liabilities | 70.64M |
Poll Results
About Credo Technology Group Holding Ltd (NASDAQ:CRDO) Stock
Credo 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 integrated circuits, active electrical cables, and SerDes chiplets that are based on its serializer/deserializer and digital signal processor technologies. The company also offers intellectual property solutions consist of SerDes IP licensing. The company was founded in 2008 and is headquartered in San Jose, California. ...
Credo Technology: This Top SA Quant Pick Is Now 30% Cheaper
2025-01-31 05:10:49
Credo Technology is an SA Quant Top 10 Stock Pick for 2025. Credo, a fabless semiconductor company, offers significant growth potential despite a recent market sell-off, driven by robust data center demand and AI implementation. Credo's profitability is set to inflect positively in 2024, with revenue expected to jump 100%, driven by hyperscaler demand for data center build-outs.
Credo Technology: Don't Believe Its Valuation
2025-01-26 09:15:36
Credo's AECs, optical DSPs, and line cards are gaining traction, with its 800G ZeroFlap AECs offering lower power use, cost savings, and improved reliability over laser-based optics. The first reason for my bullishness is CRDO's margins - they're likely to expand in the next few years (the ones below gross margins) and drive massive EPS growth. The second reason for my bullishness is the end market's prospects and the massive TAM (about $1 trillion by 2031) that Credo might gain from.
3 AI Infrastructure Stocks Soaring Today
2025-01-22 12:18:33
Artificial intelligence stocks are jumping in morning trading after President Trump announced a $500 billion AI infrastructure plan yesterday.
2025-01-15 17:00:00
Quant titan Steven Cress shares his top stocks for 2025. Celestica, Intapp's very strong liquidity and balance sheet, and why Credo Technology Group Holdings is his number 1 pick.
Frequently Asked Questions
-
What is the current Credo Technology Group Holding Ltd (CRDO) stock price?
-
Credo Technology Group Holding Ltd(NASDAQ:CRDO) stock price is $76.25 in the last trading session. During the trading session, CRDO stock reached the peak price of $86.69 while $16.82 was the lowest point it dropped to. The percentage change in CRDO stock occurred in the recent session was 6.18% while the dollar amount for the price change in CRDO stock was $4.44.
-
CRDO's industry and sector of operation?
-
The NASDAQ listed CRDO is part of Communication Equipment industry that operates in the broader Technology sector.
-
Who are the executives of CRDO?
-
Mr. Yat Tung Lam | Co-founder, Chief Operating Officer & Director
Mr. Daniel Fleming | Chief Financial Officer
Mr. Jim Laufman | Chief Legal Officer & Secretary
Mr. William J. Brennan | President, Chief Executive Officer & Director
Mr. Chi Fung Cheng | Co-founder, Chief Technology Officer & Director -
How many employees does CRDO have?
-
Number of CRDO employees currently stands at 500. CRDO operates from 110 Rio Robles, San Jose, CA 95134, US.
-
Link for CRDO official website?
-
Official Website of CRDO is: https://credosemi.com
-
How do I contact CRDO?
-
CRDO could be contacted at phone #1-866-471-2526 and can also be accessed through its website. CRDO operates from 110 Rio Robles, San Jose, CA 95134, US.
-
How many shares of CRDO are traded daily?
-
The average number of CRDO shares traded daily for last 3 months was 4.54M.
-
What is the market cap of CRDO currently?
-
The market value of CRDO currently stands at $12.75B with its latest stock price at $76.25