Credo Technology Group Holding Ltd [CRDO] stock is trading at $93.49, down -1.64%. 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 9.33% over the last week, with a monthly amount glided 49.08%, 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 18, 2025, when TD Cowen reiterated its Buy rating and also boosted its price target to $95 from $85. Previously, TD Cowen reaffirmed its Buy rating on June 03, 2025, and elevated its price target to $85. On March 10, 2025, upgrade upgraded it’s rating to Positive but maintained its price target of $60 on the stock. Susquehanna started tracking the stock assigning a Neutral rating and suggested a price target of $80 on December 17, 2024. BofA Securities upgraded its rating to a Buy but $80 remained the price target by the analyst firm on December 03, 2024. TD Cowen reiterated a Buy rating for this stock on December 03, 2024, and upped its price target to $75. In a note dated December 03, 2024, Needham reiterated an Buy rating on this stock and boosted its target price from $43 to $70.
Credo Technology Group Holding Ltd [CRDO] stock has fluctuated between $22.50 and $95.71 over the past year. Currently, Wall Street analysts expect the stock to reach $87.5 within the next 12 months. Credo Technology Group Holding Ltd [NASDAQ: CRDO] shares were valued at $93.49 at the most recent close of the market. An investor can expect a potential drop of -6.41% 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 0.65% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.09 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.02.
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 91.84 points at the first support level, and at 90.19 for the second support level. However, for the 1st resistance point, the stock is sitting at 95.11, and for the 2nd resistance point, it is at 96.73.
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 2.19. Considering the valuation of this stock, the price to sales ratio is 36.35, the price to book ratio is 25.66 and price to earnings (TTM) ratio is 336.54.
Transactions by insiders
Recent insider trading involved TAN LIP BU, Director, that happened on Jun 24 ’25 when 80000.0 shares were sold. Director, TAN LIP BU completed a deal on Jun 25 ’25 to sell 12248.0 shares. Meanwhile, Chief Technology Officer Cheng Chi Fung sold 55000.0 shares on Jun 23 ’25.
