Credo Technology Group Holding Ltd [CRDO] stock is trading at $71.92, up 14.80%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CRDO shares have gain 12.99% over the last week, with a monthly amount glided 49.03%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Credo Technology Group Holding Ltd [NASDAQ: CRDO] stock has seen the most recent analyst activity on June 03, 2025, when TD Cowen reiterated its Buy rating and also boosted its price target to $85 from $50. Previously, Susquehanna upgraded its rating to Positive on March 10, 2025, and kept the price target unchanged to $60. On December 17, 2024, Susquehanna initiated with a Neutral rating and assigned a price target of $80 on the stock. BofA Securities upgraded its rating to a Buy but stick to its price target of $80 on December 03, 2024. TD Cowen reiterated its recommendation of a Buy and raised its price target to $75 on December 03, 2024. Needham reiterated a Buy rating for this stock on December 03, 2024, and upped its price target to $70. In a note dated July 15, 2024, TD Cowen reiterated an Buy rating on this stock and boosted its target price from $35 to $40.
Credo Technology Group Holding Ltd [CRDO] stock has fluctuated between $22.50 and $86.69 over the past year. Currently, Wall Street analysts expect the stock to reach $80 within the next 12 months. Credo Technology Group Holding Ltd [NASDAQ: CRDO] shares were valued at $71.92 at the most recent close of the market. An investor can expect a potential return of 11.23% based on the average CRDO price forecast.
Analyzing the CRDO fundamentals
Credo Technology Group Holding Ltd [NASDAQ:CRDO] reported sales of 436.77M for the trailing twelve months, which represents a growth of 179.73%. Gross Profit Margin for this corporation currently stands at 0.64% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.01 and Total Capital is -0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 68.50 points at the first support level, and at 65.09 for the second support level. However, for the 1st resistance point, the stock is sitting at 78.16, and for the 2nd resistance point, it is at 84.41.
Ratios To Look Out For
For context, Credo Technology Group Holding Ltd’s Current Ratio is 6.62. Further, the Quick Ratio stands at 5.79, while the Cash Ratio is 3.71. Considering the valuation of this stock, the price to sales ratio is 27.96, the price to book ratio is 19.74 and price to earnings (TTM) ratio is 258.89.
Transactions by insiders
Recent insider trading involved Cheng Chi Fung, Chief Technology Officer, that happened on May 02 ’25 when 55000.0 shares were sold. Former Director, DZHS COMMUNITY PROPERTY TRUST completed a deal on May 05 ’25 to buy 13333.0 shares. Meanwhile, Director Sutardja, Pantas sold 1875.0 shares on May 01 ’25.
