Credo Technology Group Holding Ltd's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 57/104 in the Semiconductors & Semiconductor Equipment industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 214.82.In the medium term, the stock price is expected to trend down.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Credo Technology Group Holding Ltd's Score
Industry at a Glance
Industry Ranking
57 / 104
Overall Ranking
173 / 4592
Industry
Semiconductors & Semiconductor Equipment
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
16
analysts
Buy
Current Rating
214.816
Target Price
+20.05%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Credo Technology Group Holding Ltd Highlights
StrengthsRisks
Credo Technology Group Holding Ltd is a Cayman Islands-based holding company. The Company delivers high-speed solutions to break bandwidth barriers on every wired connection in the data infrastructure market. It provides high-speed connectivity solutions that deliver improved power efficiency as data rates and corresponding bandwidth requirements increase exponentially throughout the data infrastructure market. Its connectivity solutions are optimized for optical and electrical Ethernet applications, including the emerging 100 gigabits per second (G), 200G, 400G, 800G and the emerging 1.6 terabits per second (T) port markets. Its products are based on its Serializer/Deserializer (SerDes) and Digital Signal Processor (DSP) technologies. Its product families include integrated circuits (ICs) for the optical and line card markets, active electrical cables (AECs) and SerDes Chiplets. The Company’s intellectual property (IP) solutions consist primarily of SerDes IP licensing.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 137.13% year-on-year.
Turnaround to Profit
The company's performance has turned profitable, with the latest annual net income of USD .
Overvalued
The company’s latest PB is 19.98, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 135.77M shares, increasing 0.05% quarter-over-quarter.
Credo Technology Group Holding Ltd is a Cayman Islands-based holding company. The Company delivers high-speed solutions to break bandwidth barriers on every wired connection in the data infrastructure market. It provides high-speed connectivity solutions that deliver improved power efficiency as data rates and corresponding bandwidth requirements increase exponentially throughout the data infrastructure market. Its connectivity solutions are optimized for optical and electrical Ethernet applications, including the emerging 100 gigabits per second (G), 200G, 400G, 800G and the emerging 1.6 terabits per second (T) port markets. Its products are based on its Serializer/Deserializer (SerDes) and Digital Signal Processor (DSP) technologies. Its product families include integrated circuits (ICs) for the optical and line card markets, active electrical cables (AECs) and SerDes Chiplets. The Company’s intellectual property (IP) solutions consist primarily of SerDes IP licensing.
Ticker SymbolCRDO
CompanyCredo Technology Group Holding Ltd
CEOBrennan (William)
Websitehttps://investors.credosemi.com/
FAQs
What is the current price of Credo Technology Group Holding Ltd (CRDO)?
The current price of Credo Technology Group Holding Ltd (CRDO) is 143.910.
What is the symbol of Credo Technology Group Holding Ltd?
The ticker symbol of Credo Technology Group Holding Ltd is CRDO.
What is the 52-week high of Credo Technology Group Holding Ltd?
The 52-week high of Credo Technology Group Holding Ltd is 213.800.
What is the 52-week low of Credo Technology Group Holding Ltd?
The 52-week low of Credo Technology Group Holding Ltd is 29.090.
What is the market capitalization of Credo Technology Group Holding Ltd?
The market capitalization of Credo Technology Group Holding Ltd is 25.69B.
What is the net income of Credo Technology Group Holding Ltd?
The net income of Credo Technology Group Holding Ltd is 52.18M.
Is Credo Technology Group Holding Ltd (CRDO) currently rated as Buy, Hold, or Sell?
According to analysts, Credo Technology Group Holding Ltd (CRDO) has an overall rating of Buy, with a price target of 214.816.
What is the Earnings Per Share (EPS TTM) of Credo Technology Group Holding Ltd (CRDO)?
The Earnings Per Share (EPS TTM) of Credo Technology Group Holding Ltd (CRDO) is 1.236.