In the past week, CRDO stock has gone down by -0.43%, with a monthly gain of 26.29% and a quarterly surge of 176.85%. The volatility ratio for the week is 5.58%, and the volatility levels for the last 30 days are 5.78% for Credo Technology Group Holding Ltd The simple moving average for the past 20 days is 8.82% for CRDO’s stock, with a 63.91% 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 higher price-to-earnings ratio of 330.79x compared to its average ratio, The 36-month beta value for CRDO is at 2.58. Analysts have varying views on the stock, with 9 analysts rating it as a “buy,” 4 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for CRDO is 149.52M, and currently, shorts hold a 5.10% of that float. The average trading volume for CRDO on July 08, 2025 was 4.97M shares.
CRDO) stock’s latest price update
The stock price of Credo Technology Group Holding Ltd (NASDAQ: CRDO) has plunged by -0.58% when compared to previous closing price of $92.73, but the company has seen a -0.43% decline in its stock price over the last five trading sessions. zacks.com reported 2025-07-07 that APP, INTU, MNDY, CRDO and GFI are five growth stocks that have surged in the past three months and look poised to extend gains in July.
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 34.89% 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 -3.68% of loss for the given period.
Insider Trading
Cheng Chi Fung, the Chief Technology Officer of Credo Technology Group Holding Ltd, sale 55,000 shares at $92.65 during a trade that took place back on Jun 30 ’25, which means that Cheng Chi Fung is holding 7,383,961 shares at $5,095,582 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 5.13.
Currently, EBITDA for the company is 76.81 million with net debt to EBITDA at -3.56. When we switch over and look at the enterprise to sales, we see a ratio of 35.36. 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 conclusion, Credo Technology Group Holding Ltd (CRDO) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
