The stock price of Credo Technology Group Holding Ltd (NASDAQ: CRDO) has dropped by -3.34 compared to previous close of 49.15. Despite this, the company has seen a gain of 20.43% in its stock price over the last five trading days. seekingalpha.com reported 2025-03-16 that The recent tech sell-off hammered Credo investors, but it could have bottomed out last week. Credo’s reliance on hyperscalers like AWS is a deep concern, but management’s efforts to diversify revenue and projected 50% YoY growth for FY2026 offer optimism. AI infra spending isn’t expected to collapse, although growth could slow. But CRDO’s valuation has likely considered these risks.
Is It Worth Investing in Credo Technology Group Holding Ltd (NASDAQ: CRDO) Right Now?
The price-to-earnings ratio for Credo Technology Group Holding Ltd (NASDAQ: CRDO) is 3467.88x, which is above its average ratio. Moreover, the 36-month beta value for CRDO is 2.19. Analysts have varying opinions on the stock, with 8 analysts rating it as a “buy,” 4 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for CRDO is 146.42M and currently, short sellers hold a 6.02% of that float. On March 17, 2025, CRDO’s average trading volume was 5.65M shares.
CRDO’s Market Performance
The stock of Credo Technology Group Holding Ltd (CRDO) has seen a 20.43% increase in the past week, with a -32.59% drop in the past month, and a -31.60% fall in the past quarter. The volatility ratio for the week is 8.39%, and the volatility levels for the past 30 days are at 10.70% for CRDO. The simple moving average for the past 20 days is -12.06% for CRDO’s stock, with a 5.87% simple moving average for the past 200 days.
Analysts’ Opinion of CRDO
Many brokerage firms have already submitted their reports for CRDO stocks, with Susquehanna repeating the rating for CRDO by listing it as a “Positive.” The predicted price for CRDO in the upcoming period, according to Susquehanna is $60 based on the research report published on March 10, 2025 of the current year 2025.
Susquehanna, on the other hand, stated in their research note that they expect to see CRDO reach a price target of $80. The rating they have provided for CRDO stocks is “Neutral” according to the report published on December 17th, 2024.
BofA Securities gave a rating of “Buy” to CRDO, setting the target price at $80 in the report published on December 03rd of the previous year.
CRDO Trading at -27.55% from the 50-Day Moving Average
After a stumble in the market that brought CRDO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -45.20% of loss for the given period.
Volatility was left at 10.70%, however, over the last 30 days, the volatility rate increased by 8.39%, as shares sank -33.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -29.87% lower at present.
During the last 5 trading sessions, CRDO rose by +19.49%, which changed the moving average for the period of 200-days by +127.39% in comparison to the 20-day moving average, which settled at $54.01. In addition, Credo Technology Group Holding Ltd saw -29.31% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CRDO starting from Cheng Chi Fung, who sale 55,000 shares at the price of $39.75 back on Mar 10 ’25. After this action, Cheng Chi Fung now owns 8,158,602 shares of Credo Technology Group Holding Ltd, valued at $2,186,389 using the latest closing price.
ACEVEDO SYLVIA, the Director of Credo Technology Group Holding Ltd, sale 32,291 shares at $41.61 during a trade that took place back on Mar 07 ’25, which means that ACEVEDO SYLVIA is holding 21,433 shares at $1,343,629 based on the most recent closing price.
Stock Fundamentals for CRDO
Current profitability levels for the company are sitting at:
- -0.01 for the present operating margin
- 0.64 for the gross margin
The net margin for Credo Technology Group Holding Ltd stands at 0.02. The total capital return value is set at -0.01. Equity return is now at value 0.89, with 0.78 for asset returns.
Based on Credo Technology Group Holding Ltd (CRDO), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 0.88.
Currently, EBITDA for the company is -22.52 million with net debt to EBITDA at -69.16. When we switch over and look at the enterprise to sales, we see a ratio of 23.75. The receivables turnover for the company is 1.92for trailing twelve months and the total asset turnover is 0.45. The liquidity ratio also appears to be rather interesting for investors as it stands at 7.67.
Conclusion
To wrap up, the performance of Credo Technology Group Holding Ltd (CRDO) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
