The stock of Credo Technology Group Holding Ltd (CRDO) has gone up by 13.47% for the week, with a 38.33% rise in the past month and a 80.20% rise in the past quarter. The volatility ratio for the week is 4.67%, and the volatility levels for the past 30 days are 4.47% for CRDO. The simple moving average for the past 20 days is 11.07% for CRDO’s stock, with a 39.26% simple moving average for the past 200 days.
Is It Worth Investing in Credo Technology Group Holding Ltd (NASDAQ: CRDO) Right Now?
Credo Technology Group Holding Ltd (NASDAQ: CRDO) has a price-to-earnings ratio of 255.90x that is above its average ratio. Additionally, the 36-month beta value for CRDO is 2.43. There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 4 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for CRDO is 147.08M and currently, short sellers hold a 6.48% ratio of that float. The average trading volume of CRDO on June 10, 2025 was 4.83M shares.
CRDO) stock’s latest price update
Credo Technology Group Holding Ltd (NASDAQ: CRDO)’s stock price has decreased by -2.56 compared to its previous closing price of 72.96. However, the company has seen a 13.47% increase in its stock price over the last five trading sessions. zacks.com reported 2025-06-09 that Credo Technology Group (CRDO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Analysts’ Opinion of CRDO
Many brokerage firms have already submitted their reports for CRDO stocks, with TD Cowen repeating the rating for CRDO by listing it as a “Buy.” The predicted price for CRDO in the upcoming period, according to TD Cowen is $85 based on the research report published on June 03, 2025 of the current year 2025.
Susquehanna, on the other hand, stated in their research note that they expect to see CRDO reach a price target of $60. The rating they have provided for CRDO stocks is “Positive” according to the report published on March 10th, 2025.
Susquehanna gave a rating of “Neutral” to CRDO, setting the target price at $80 in the report published on December 17th of the previous year.
CRDO Trading at 40.57% from the 50-Day Moving Average
After a stumble in the market that brought CRDO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.00% of loss for the given period.
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Insider Trading
Reports are indicating that there were more than several insider trading activities at CRDO starting from Cheng Chi Fung, who sale 59,641 shares at the price of $74.96 back on Jun 05 ’25. After this action, Cheng Chi Fung now owns 7,603,961 shares of Credo Technology Group Holding Ltd, valued at $4,470,427 using the latest closing price.
Cheng Chi Fung, the Chief Technology Officer of Credo Technology Group Holding Ltd, sale 55,000 shares at $72.53 during a trade that took place back on Jun 09 ’25, which means that Cheng Chi Fung is holding 7,548,961 shares at $3,989,329 based on the most recent closing price.
Stock Fundamentals for CRDO
Current profitability levels for the company are sitting at:
- -0.01 for the present operating margin
- 0.64 for the gross margin
The net margin for Credo Technology Group Holding Ltd stands at 0.02. The total capital return value is set at -0.01. Equity return is now at value 8.54, with 7.40 for asset returns.
Based on Credo Technology Group Holding Ltd (CRDO), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 0.71.
Currently, EBITDA for the company is -22.52 million with net debt to EBITDA at -30.76. When we switch over and look at the enterprise to sales, we see a ratio of 35.99. The receivables turnover for the company is 1.92for trailing twelve months and the total asset turnover is 0.45. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.62.
Conclusion
In conclusion, Credo Technology Group Holding Ltd (CRDO) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
