Credo Technology Group Holding Ltd (NASDAQ: CRDO)’s stock price has plunge by 6.84relation to previous closing price of 73.49. Nevertheless, the company has seen a 10.45% surge in its stock price over the last five trading sessions. zacks.com reported 2025-06-16 that Credo Technology Group Holding Ltd. (CRDO) is looking like an interesting pick from a technical perspective, as the company reached a key level of support.
Is It Worth Investing in Credo Technology Group Holding Ltd (NASDAQ: CRDO) Right Now?
The price-to-earnings ratio for Credo Technology Group Holding Ltd (NASDAQ: CRDO) is above average at 282.65x, Company’s 36-month beta value is 2.43.Analysts have differing opinions on the stock, with 8 analysts rating it as a “buy,” 4 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for CRDO is 147.29M, and currently, short sellers hold a 5.78% ratio of that floaft. The average trading volume of CRDO on June 16, 2025 was 4.82M shares.
CRDO’s Market Performance
CRDO stock saw an increase of 10.45% in the past week, with a monthly gain of 31.79% and a quarterly increase of 66.99%. The volatility ratio for the week is 3.89%, and the volatility levels for the last 30 days are 4.26% for Credo Technology Group Holding Ltd (CRDO). The simple moving average for the past 20 days is 16.08% for CRDO’s stock, with a 51.03% simple moving average for the past 200 days.
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 45.81% 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 -9.43% of loss for the given period.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CRDO starting from WALDEN TECHNOLOGY VENTURES II, who proposed sale 3,527 shares at the price of $76.05 back on Jun 13 ’25. After this action, WALDEN TECHNOLOGY VENTURES II now owns shares of Credo Technology Group Holding Ltd, valued at $268,221 using the latest closing price.
WALDEN TECHNOLOGY VENTURES II, the Director of Credo Technology Group Holding Ltd, proposed sale 100,000 shares at $75.33 during a trade that took place back on Jun 12 ’25, which means that WALDEN TECHNOLOGY VENTURES II is holding shares at $7,533,380 based on the most recent closing price.
Stock Fundamentals for CRDO
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.65 for the gross margin
The net margin for Credo Technology Group Holding Ltd stands at 0.12. The total capital return value is set at 0.05. 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 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 0.9.
Currently, EBITDA for the company is 37.12 million with net debt to EBITDA at -4.35. When we switch over and look at the enterprise to sales, we see a ratio of 29.81. The receivables turnover for the company is 2.69for trailing twelve months and the total asset turnover is 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.62.
Conclusion
In a nutshell, Credo Technology Group Holding Ltd (CRDO) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
