Currently, there are 169.80M common shares owned by the public and among those 147.65M shares have been available to trade.
The company’s stock has a 5-day price change of 16.10% and 81.91% over the past three months. CRDO shares are trading 224.00% year to date (YTD), with the 12-month market performance up to 36.77% higher. It has a 12-month low price of $22.50 and touched a high of $86.88 over the same period. CRDO has an average intraday trading volume of 5.04 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 24.75%, 56.62%, and 72.48% respectively.
Institutional ownership of Credo Technology Group Holding Ltd (NASDAQ: CRDO) shares accounts for 75.97% of the company’s 169.80M shares outstanding.
It has a market capitalization of $15.61B and a beta (3y monthly) value of 2.46. The stock’s trailing 12-month PE ratio is 330.89, while the earnings-per-share (ttm) stands at $0.28. The company has a PEG of 9.33 and a Quick Ratio of 5.79 with the debt-to-equity ratio at 0.02. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.85% over the week and 4.84% over the month.
Analysts forecast that Credo Technology Group Holding Ltd (CRDO) will achieve an EPS of 0.36 for the current quarter, 0.37 for the next quarter and 1.91 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.35 while analysts give the company a high EPS estimate of 0.35. Comparatively, EPS for the current quarter was 0.04 a year ago. Earnings per share for the fiscal year are expected to increase by 116.37%, and 26.20% over the next financial year.
Looking at the support for the CRDO, a number of firms have released research notes about the stock. TD Cowen stated their Buy rating for the stock in a research note on June 18, 2025, with the firm’s price target at $85-$95. TD Cowen coverage for the Credo Technology Group Holding Ltd (CRDO) stock in a research note released on June 03, 2025 offered a Buy rating with a price target of $85. Susquehanna was of a view on March 10, 2025 that the stock is Positive, while Susquehanna gave the stock Neutral rating on December 17, 2024, issuing a price target of $80. BofA Securities on their part issued Buy rating on December 03, 2024.
