Credo Technology Group Holding Ltd (CRDO)

$28.58

+0.07

(+0.25%)▲

Market is closed - opens 7 PM, 29 Jul 2024

Performance

  • $28.35
    $29.28
    $28.58
    downward going graph

    0.79%

    Downside

    Day's Volatility :3.14%

    Upside

    2.37%

    downward going graph
  • $13.38
    $33.96
    $28.58
    downward going graph

    53.18%

    Downside

    52 Weeks Volatility :60.6%

    Upside

    15.84%

    downward going graph

Returns

PeriodCredo Technology Group Holding LtdSector (Technology)Index (Russel 2000)
3 Months
53.61%
6.9%
0.0%
6 Months
36.8%
5.9%
0.0%
1 Year
70.51%
21.3%
0.0%
3 Years
144.72%
38.3%
-20.2%

Highlights

Market Capitalization
4.8B
Book Value
$3.29
Earnings Per Share (EPS)
-0.18
Wall Street Target Price
30.73
Profit Margin
-14.7%
Operating Margin TTM
-11.71%
Return On Assets TTM
-4.54%
Return On Equity TTM
-6.39%
Revenue TTM
193.0M
Revenue Per Share TTM
1.24
Quarterly Revenue Growth YOY
89.4%
Gross Profit TTM
65.8M
EBITDA
-22.5M
Diluted Eps TTM
-0.18
Quarterly Earnings Growth YOY
-0.87
EPS Estimate Current Year
0.07
EPS Estimate Next Year
0.34
EPS Estimate Current Quarter
0.05
EPS Estimate Next Quarter
0.0

Analyst Recommendation

Buy
    83%Buy
    11%Hold
    5%Sell
Based on 18 Wall street analysts offering stock ratings for Credo Technology Group Holding Ltd(by analysts ranked 0 to 5 stars)
Based on 18 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
15
15
16
Hold
2
2
2
Sell
1
1
1

Analyst Forecast

What analysts predicted

Upside of 7.52%

Current $28.58
Target $30.73

Company Financials

FY20Y/Y Change
Revenue
53.8M
-
Net Income
1.3M
-
Net Profit Margin
2.47%
-
FY21Y/Y Change
Revenue
58.7M
↑ 9.03%
Net Income
-27.5M
↓ 2170.05%
Net Profit Margin
-46.87%
↓ 49.34%
FY22Y/Y Change
Revenue
106.5M
↑ 81.4%
Net Income
-22.2M
↓ 19.39%
Net Profit Margin
-20.83%
↑ 26.04%
FY23Y/Y Change
Revenue
184.2M
↑ 72.99%
Net Income
-16.5M
↓ 25.38%
Net Profit Margin
-8.98%
↑ 11.85%
FY24Y/Y Change
Revenue
193.0M
↑ 4.76%
Net Income
-28.4M
↑ 71.44%
Net Profit Margin
-14.7%
↓ 5.72%
Q1 FY23Q/Q Change
Revenue
54.3M
↑ 5.65%
Net Income
2.8M
↓ 184.02%
Net Profit Margin
5.2%
↑ 11.74%
Q2 FY23Q/Q Change
Revenue
32.1M
↓ 40.87%
Net Income
-15.9M
↓ 664.54%
Net Profit Margin
-49.67%
↓ 54.87%
Q3 FY23Q/Q Change
Revenue
35.1M
↑ 9.37%
Net Income
-11.7M
↓ 26.6%
Net Profit Margin
-33.33%
↑ 16.34%
Q4 FY23Q/Q Change
Revenue
44.0M
↑ 25.47%
Net Income
-6.6M
↓ 43.38%
Net Profit Margin
-15.04%
↑ 18.29%
Q1 FY24Q/Q Change
Revenue
53.1M
↑ 20.49%
Net Income
428.0K
↓ 106.46%
Net Profit Margin
0.81%
↑ 15.85%
Q2 FY24Q/Q Change
Revenue
60.8M
↑ 14.56%
Net Income
-10.5M
↓ 2547.9%
Net Profit Margin
-17.24%
↓ 18.05%
FY20Y/Y Change
Total Assets
108.0M
-
Total Liabilities
117.4M
-
FY21Y/Y Change
Total Assets
155.5M
↑ 43.92%
Total Liabilities
210.9M
↑ 79.59%
FY22Y/Y Change
Total Assets
375.7M
↑ 141.62%
Total Liabilities
41.5M
↓ 80.31%
FY23Y/Y Change
Total Assets
397.3M
↑ 5.75%
Total Liabilities
49.7M
↑ 19.57%
FY24Y/Y Change
Total Assets
601.9M
↑ 51.51%
Total Liabilities
61.7M
↑ 24.33%
Q1 FY23Q/Q Change
Total Assets
417.3M
↑ 0.78%
Total Liabilities
62.7M
↓ 10.34%
Q2 FY23Q/Q Change
Total Assets
397.3M
↓ 4.78%
Total Liabilities
49.7M
↓ 20.8%
Q3 FY23Q/Q Change
Total Assets
395.7M
↓ 0.4%
Total Liabilities
48.3M
↓ 2.8%
Q4 FY23Q/Q Change
Total Assets
405.8M
↑ 2.55%
Total Liabilities
56.3M
↑ 16.56%
Q1 FY24Q/Q Change
Total Assets
592.5M
↑ 46.0%
Total Liabilities
58.5M
↑ 3.99%
Q2 FY24Q/Q Change
Total Assets
601.9M
↑ 1.6%
Total Liabilities
61.7M
↑ 5.53%
FY20Y/Y Change
Operating Cash Flow
-10.3M
-
Investing Cash Flow
-8.8M
-
Financing Cash Flow
61.2M
-
FY21Y/Y Change
Operating Cash Flow
-42.4M
↑ 313.16%
Investing Cash Flow
-6.1M
↓ 31.43%
Financing Cash Flow
77.9M
↑ 27.26%
FY22Y/Y Change
Operating Cash Flow
-30.8M
↓ 27.22%
Investing Cash Flow
-17.6M
↑ 190.29%
Financing Cash Flow
204.2M
↑ 162.15%
FY23Y/Y Change
Operating Cash Flow
-24.6M
↓ 20.16%
Investing Cash Flow
-130.9M
↑ 644.83%
Financing Cash Flow
4.9M
↓ 97.61%
Q1 FY23Q/Q Change
Operating Cash Flow
-2.3M
↓ 231.7%
Investing Cash Flow
-66.1M
↑ 18.77%
Financing Cash Flow
1.6M
↑ 109.65%
Q2 FY23Q/Q Change
Operating Cash Flow
-11.8M
↑ 411.62%
Investing Cash Flow
-3.9M
↓ 94.1%
Financing Cash Flow
598.0K
↓ 61.76%
Q3 FY23Q/Q Change
Operating Cash Flow
24.6M
↓ 307.86%
Investing Cash Flow
-6.6M
↑ 69.57%
Financing Cash Flow
534.0K
↓ 10.7%

Technicals Summary

Sell

Neutral

Buy

Credo Technology Group Holding Ltd is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

More on Technical Analysis

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Credo Technology Group Holding Ltd
Credo Technology Group Holding Ltd
-4.04%
36.8%
70.51%
144.72%
144.72%
Broadcom Inc.
Broadcom Inc.
-6.24%
23.88%
67.13%
209.51%
396.01%
Nvidia Corporation
Nvidia Corporation
-11.17%
83.97%
147.03%
481.94%
2465.34%
Advanced Micro Devices, Inc.
Advanced Micro Devices, Inc.
-12.2%
-21.96%
25.64%
50.64%
306.58%
Qualcomm Incorporated
Qualcomm Incorporated
-11.12%
16.37%
41.42%
22.22%
133.17%
Taiwan Semiconductor Manufacturing Co.
Taiwan Semiconductor Manufacturing Co.
-6.85%
36.69%
61.23%
38.59%
268.8%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Credo Technology Group Holding Ltd
Credo Technology Group Holding Ltd
NA
NA
NA
0.07
-0.06
-0.05
NA
3.29
Broadcom Inc.
Broadcom Inc.
64.9
64.9
1.56
4.77
0.22
0.07
0.01
59.22
Nvidia Corporation
Nvidia Corporation
66.81
66.81
1.5
12.41
1.16
0.49
0.0
2.0
Advanced Micro Devices, Inc.
Advanced Micro Devices, Inc.
209.61
209.61
0.66
3.22
0.02
0.01
NA
34.73
Qualcomm Incorporated
Qualcomm Incorporated
24.16
24.16
1.83
9.92
0.38
0.11
0.02
21.89
Taiwan Semiconductor Manufacturing Co.
Taiwan Semiconductor Manufacturing Co.
31.29
31.29
1.63
6.54
0.26
0.12
0.02
146.21
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Credo Technology Group Holding Ltd
Credo Technology Group Holding Ltd
Buy
$4.8B
144.72%
NA
-14.7%
Broadcom Inc.
Broadcom Inc.
Buy
$703.4B
396.01%
64.9
24.1%
Nvidia Corporation
Nvidia Corporation
Buy
$2.8T
2465.34%
66.81
53.4%
Advanced Micro Devices, Inc.
Advanced Micro Devices, Inc.
Buy
$233.8B
306.58%
209.61
4.9%
Qualcomm Incorporated
Qualcomm Incorporated
Buy
$202.1B
133.17%
24.16
23.03%
Taiwan Semiconductor Manufacturing Co.
Taiwan Semiconductor Manufacturing Co.
Buy
$829.3B
268.8%
31.29
37.85%

Insights on Credo Technology Group Holding Ltd

  • Increasing Revenue

    Revenue is up for the last 5 quarters, 32.08M → 60.78M (in $), with an average increase of 14.7% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 2 quarters, 428.0K → -10.47M (in $), with an average decrease of 2547.9% per quarter

  • Vs NVDA

    In the last 1 year, Nvidia Corporation has given 147.0% return, outperforming this stock by 76.5%

Institutional Holdings

  • Vanguard Group Inc

    9.12%

  • BlackRock Inc

    8.00%

  • JPMorgan Chase & Co

    5.95%

  • Capital Research Global Investors

    3.35%

  • Amvescap Plc.

    2.86%

  • State Street Corporation

    2.72%

Corporate Announcements

  • Credo Technology Group Holding Ltd Earnings

    Credo Technology Group Holding Ltd’s price-to-earnings ratio stands at None

    Read More

Company Information

Credo serves the data infrastructure market, driven by infrastructure for 5G, high performance computing, as well as hyperscalers.

Organization
Credo Technology Group Holding Ltd
Employees
500
CEO
Mr. William J. Brennan
Industry
Technology

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