A share price of Credo Technology Group Holding Ltd [CRDO] is currently trading at $79.17, up 7.73%. 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 11.37% over the last week, with a monthly amount glided 32.88%, 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 experienced fluctuations in its stock price throughout the past year between $22.50 and $86.69. Currently, Wall Street analysts expect the stock to reach $86 within the next 12 months. Credo Technology Group Holding Ltd [NASDAQ: CRDO] shares were valued at $79.17 at the most recent close of the market. An investor can expect a potential return of 8.63% 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. 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 76.49 points at the first support level, and at 73.80 for the second support level. However, for the 1st resistance point, the stock is sitting at 80.87, and for the 2nd resistance point, it is at 82.56.
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 30.78, the price to book ratio is 21.73 and price to earnings (TTM) ratio is 284.99.
Transactions by insiders
Recent insider trading involved TAN LIP BU, Director, that happened on Jun 12 ’25 when 100000.0 shares were sold. Director, TAN LIP BU completed a deal on Jun 13 ’25 to sell 3527.0 shares. Meanwhile, Director WALDEN TECHNOLOGY VENTURES II bought 0.17 million shares on Jun 16 ’25.
