Credo Technology Group Holding Ltd (CRDO): A Technical Analysis

Credo Technology Group Holding Ltd (NASDAQ: CRDO) has a higher price-to-earnings ratio of 304.43x compared to its average ratio. CRDO has 36-month beta value of 2.43. Analysts have mixed views on the stock, with 9 analysts rating it as a “buy,” 4 as “overweight,” 1 as “hold,” and 0 as “sell.”

The public float for CRDO is 147.65M, and currently, short sellers hold a 5.76% ratio of that float. The average trading volume of CRDO on June 24, 2025 was 4.98M shares.

CRDO) stock’s latest price update

Credo Technology Group Holding Ltd (NASDAQ: CRDO) has experienced a rise in its stock price by 7310817 compared to its previous closing price of 85.51. However, the company has seen a gain of 15.08% in its stock price over the last five trading days. seekingalpha.com reported 2025-06-23 that SA Quant Top 10 portfolio outperformed consensus with 25% YTD return, driven by strong momentum and upward earnings revisions. Momentum and earnings revisions are the most critical quant factors, while valuation has less short- to medium-term impact on performance. Consensus price targets for the portfolio were upgraded by 33%, with six stocks seeing 50%+ upgrades, validating quant model effectiveness.

CRDO’s Market Performance

CRDO’s stock has risen by 15.08% in the past week, with a monthly rise of 39.90% and a quarterly rise of 82.50%. The volatility ratio for the week is 3.72% while the volatility levels for the last 30 days are 4.61% for Credo Technology Group Holding Ltd The simple moving average for the past 20 days is 17.17% for CRDO’s stock, with a 59.60% 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 $95 based on the research report published on June 18, 2025 of the current year 2025.

TD Cowen, on the other hand, stated in their research note that they expect to see CRDO reach a price target of $85, previously predicting the price at $50. The rating they have provided for CRDO stocks is “Buy” according to the report published on June 03rd, 2025.

Susquehanna gave a rating of “Positive” to CRDO, setting the target price at $60 in the report published on March 10th of the current year.

CRDO Trading at 46.78% 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 -2.66% of loss for the given period.

Insider Trading

Reports are indicating that there were more than several insider trading activities at CRDO starting from Laufman James, who sale 5,000 shares at the price of $85.07 back on Jun 20 ’25. After this action, Laufman James now owns 249,346 shares of Credo Technology Group Holding Ltd, valued at $425,350 using the latest closing price.

TAN LIP BU, the Director of Credo Technology Group Holding Ltd, sale 54,297 shares at $86.38 during a trade that took place back on Jun 18 ’25, which means that TAN LIP BU is holding 559,428 shares at $4,690,305 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 32.37. 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

To put it simply, Credo Technology Group Holding Ltd (CRDO) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others 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.

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