A share price of Credo Technology Group Holding Ltd [CRDO] is currently trading at $107.95, up 6.65%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CRDO shares have gain 12.75% over the last week, with a monthly amount glided 13.57%, 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 experienced fluctuations in its stock price throughout the past year between $22.50 and $104.35. 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 $107.95 at the most recent close of the market. An investor can expect a potential drop of -16.63% based on the average CRDO price forecast.
Analyzing the CRDO fundamentals
Trailing Twelve Months sales for Credo Technology Group Holding Ltd [NASDAQ:CRDO] were 436.77M which represents 179.73% growth. 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 104.90 points at the first support level, and at 101.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 109.52, and for the 2nd resistance point, it is at 111.09.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Credo Technology Group Holding Ltd [NASDAQ:CRDO] is 6.62. As well, the Quick Ratio is 5.79, while the Cash Ratio is 2.19. Considering the valuation of this stock, the price to sales ratio is 42.42, the price to book ratio is 27.11 and price to earnings (TTM) ratio is 387.33.
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.