At the time of writing, Credo Technology Group Holding Ltd [CRDO] stock is trading at $97.59, up 4.53%. 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 11.42% over the last week, with a monthly amount glided 33.76%, 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 $22.50 and $95.71. Currently, Wall Street analysts expect the stock to reach $88.33 within the next 12 months. Credo Technology Group Holding Ltd [NASDAQ: CRDO] shares were valued at $97.59 at the most recent close of the market. An investor can expect a potential drop of -9.49% 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 94.95 points at the first support level, and at 92.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 99.80, and for the 2nd resistance point, it is at 102.00.
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. 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 38.35, the price to book ratio is 24.51 and price to earnings (TTM) ratio is 350.16.
Transactions by insiders
Recent insider trading involved Cheng Chi Fung, Chief Technology Officer, that happened on Jul 07 ’25 when 55000.0 shares were sold. Director, CHENG HUANG FAMILY TRUST completed a deal on Jul 07 ’25 to buy 0.55 million shares. Meanwhile, Chief Technology Officer Cheng Chi Fung sold 55000.0 shares on Jun 30 ’25.
