Credo Technology Group Holding Ltd [CRDO] stock is trading at $101.17, up 2.80%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CRDO shares have gain 2.76% over the last week, with a monthly amount glided 10.06%, 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 $104.35 over the past year. Currently, Wall Street analysts expect the stock to reach $90 within the next 12 months. Credo Technology Group Holding Ltd [NASDAQ: CRDO] shares were valued at $101.17 at the most recent close of the market. An investor can expect a potential drop of -11.04% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.02.
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 98.16 points at the first support level, and at 95.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 103.24, and for the 2nd resistance point, it is at 105.30.
Ratios To Look Out For
For context, Credo Technology Group Holding Ltd’s Current Ratio is 6.62. In addition, the Quick Ratio stands at 5.79 and the Cash Ratio stands at 2.19. Considering the valuation of this stock, the price to sales ratio is 39.76, the price to book ratio is 25.41 and price to earnings (TTM) ratio is 363.01.
Transactions by insiders
Recent insider trading involved Cheng Chi Fung, Chief Technology Officer, that happened on Jul 21 ’25 when 55000.0 shares were sold. Chief Technology Officer, Cheng Chi Fung completed a deal on Jul 14 ’25 to sell 55000.0 shares. Meanwhile, Chief Financial Officer Fleming Daniel W. sold 3790.0 shares on Jul 10 ’25.