Credo Technology Group Holding Ltd (NASDAQ: CRDO)’s stock price has gone rise by 8.72 in comparison to its previous close of 50.80, however, the company has experienced a 13.43% increase in its stock price over the last five trading days. zacks.com reported 2025-05-09 that Credo Technology Group Holding Ltd CRDO stock has slipped 33.3% over the past three months, significantly more than the Electronic-Semiconductors industry’s decline of 16.4%. The broader Computer and Technology sector and S&P 500 Composite have registered declines of 11.5% and 7.8%, respectively, over the same time frame.
Is It Worth Investing in Credo Technology Group Holding Ltd (NASDAQ: CRDO) Right Now?
Credo Technology Group Holding Ltd (NASDAQ: CRDO) has a higher price-to-earnings ratio of 4031.39x compared to its average ratio, The 36-month beta value for CRDO is at 2.30. Analysts have varying views on the stock, with 8 analysts rating it as a “buy,” 4 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for CRDO is 147.06M, and currently, shorts hold a 6.99% of that float. The average trading volume for CRDO on May 13, 2025 was 5.21M shares.
CRDO’s Market Performance
CRDO’s stock has seen a 13.43% increase for the week, with a 44.43% rise in the past month and a -28.35% fall in the past quarter. The volatility ratio for the week is 5.75%, and the volatility levels for the past 30 days are at 5.72% for Credo Technology Group Holding Ltd The simple moving average for the last 20 days is 26.04% for CRDO’s stock, with a simple moving average of 16.11% for the last 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 26.49% 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 -36.29% of loss for the given period.
Volatility was left at 5.72%, however, over the last 30 days, the volatility rate increased by 5.75%, as shares surge +42.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.09% upper at present.
During the last 5 trading sessions, CRDO rose by +13.43%, which changed the moving average for the period of 200-days by +88.18% in comparison to the 20-day moving average, which settled at $43.82. In addition, Credo Technology Group Holding Ltd saw -17.82% 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 $48.02 back on May 02 ’25. After this action, Cheng Chi Fung now owns 7,663,602 shares of Credo Technology Group Holding Ltd, valued at $2,640,965 using the latest closing price.
DZHS COMMUNITY PROPERTY TRUST, the Former Director of Credo Technology Group Holding Ltd, proposed sale 13,333 shares at $49.02 during a trade that took place back on May 05 ’25, which means that DZHS COMMUNITY PROPERTY TRUST is holding shares at $653,633 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 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 0.71.
Currently, EBITDA for the company is -22.52 million with net debt to EBITDA at -30.76. When we switch over and look at the enterprise to sales, we see a ratio of 27.77. 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
In conclusion, Credo Technology Group Holding Ltd (CRDO) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. 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.
