At the time of writing, Credo Technology Group Holding Ltd [CRDO] stock is trading at $122.73, up 2.19%. 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 15.79% over the last week, with a monthly amount glided 12.21%, 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.
For the past year, the stock price of Credo Technology Group Holding Ltd fluctuated between $24.08 and $128.56. Currently, Wall Street analysts expect the stock to reach $105 within the next 12 months. Credo Technology Group Holding Ltd [NASDAQ: CRDO] shares were valued at $122.73 at the most recent close of the market. An investor can expect a potential drop of -14.45% based on the average CRDO price forecast.
Analyzing the CRDO fundamentals
According to Credo Technology Group Holding Ltd [NASDAQ:CRDO], the company’s sales were 436.77M for trailing twelve months, which represents an 179.73% jump. 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 119.59 points at the first support level, and at 116.44 for the second support level. However, for the 1st resistance point, the stock is sitting at 124.93, and for the 2nd resistance point, it is at 127.12.
Ratios To Look Out For
It is important to note that Credo Technology Group Holding Ltd [NASDAQ:CRDO] has a current ratio of 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 48.23, the price to book ratio is 30.82 and price to earnings (TTM) ratio is 440.37.
Transactions by insiders
Recent insider trading involved Brennan William Joseph, Pres & Chief Executive Officer, that happened on Aug 01 ’25 when 0.15 million shares were sold. Pres & Chief Executive Officer, Brennan William Joseph completed a deal on Aug 01 ’25 to sell 46444.0 shares. Meanwhile, Director Sutardja, Pantas sold 1875.0 shares on Aug 01 ’25.
