Credo Technology Group Holding Ltd (CRDO): Insights At A Glance

Credo Technology Group Holding Ltd (CRDO) concluded trading on Wednesday at a closing price of $97.59, with 6.82 million shares of worth about $665.6 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 34.81% during that period and on July 09, 2025 the price saw a gain of about 4.53%. Currently the company’s common shares owned by public are about 171.17M shares, out of which, 149.53M shares are available for trading.

Stock saw a price change of 11.42% in past 5 days and over the past one month there was a price change of 33.76%. Year-to-date (YTD), CRDO shares are showing a performance of 208.54% which increased to 45.20% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $22.50 but also hit the highest price of $95.71 during that period. The average intraday trading volume for Credo Technology Group Holding Ltd shares is 4.96 million. The stock is currently trading 13.34% above its 20-day simple moving average (SMA20), while that difference is up 40.53% for SMA50 and it goes to 72.41% higher than SMA200.

Credo Technology Group Holding Ltd (NASDAQ: CRDO) currently have 171.17M outstanding shares and institutions hold larger chunk of about 75.16% of that.

The stock has a current market capitalization of $16.75B and its 3Y-monthly beta is at 2.58. PE ratio of stock for trailing 12 months is 350.16, while it has posted earnings per share of $0.28 in the same period. Its PEG reads 9.87 and has Quick Ratio of 5.79 while making debt-to-equity ratio of 0.02. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CRDO, volatility over the week remained 4.85% while standing at 5.60% over the month.

Stock’s fiscal year EPS is expected to rise by 117.14% while it is estimated to increase by 27.09% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by TD Cowen on June 18, 2025 offering a Buy rating for the stock and assigned a target price range of between $85 and $95 to it. Coverage by TD Cowen stated Credo Technology Group Holding Ltd (CRDO) stock as a Buy in their note to investors on June 03, 2025, suggesting a price target of $85 for the stock. On March 10, 2025, Susquehanna Upgrade their recommendations, while on December 17, 2024, Susquehanna Initiated their ratings for the stock with a price target of $80. Stock get a Buy rating from BofA Securities on December 03, 2024.

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