The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
As of close of business last night, Credo Technology Group Holding Ltd’s stock clocked out at $91.92, up 8.69% from its previous closing price of $84.57. In other words, the price has increased by $8.69% from its previous closing price. On the day, 6.38 million shares were traded. CRDO stock price reached its highest trading level at $92.2 during the session, while it also had its lowest trading level at $85.32.
Ratios:
To gain a deeper understanding of CRDO’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.79 and its Current Ratio is at 6.62. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on June 18, 2025, Reiterated its Buy rating but revised its target price to $95 from $85 previously.
On June 03, 2025, TD Cowen reiterated its Buy rating and also lowered its target price recommendation from $50 to $85.
Susquehanna Upgraded its Neutral to Positive on March 10, 2025, while the target price for the stock was maintained at $60.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 24 ’25 when WALDEN TECHNOLOGY VENTURES II bought 80,000 shares for $90.77 per share.
Laufman James sold 5,000 shares of CRDO for $425,350 on Jun 20 ’25. The Chief Legal Officer, Secretary now owns 249,346 shares after completing the transaction at $85.07 per share. On Jun 18 ’25, another insider, TAN LIP BU, who serves as the Director of the company, sold 54,297 shares for $86.38 each. As a result, the insider received 4,690,305 and left with 559,428 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CRDO now has a Market Capitalization of 15608107008 and an Enterprise Value of 15244982272. As of this moment, Credo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 330.89, and their Forward P/E ratio for the next fiscal year is 48.09. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 35.74 while its Price-to-Book (P/B) ratio in mrq is 25.23. Its current Enterprise Value per Revenue stands at 34.904 whereas that against EBITDA is 267.276.
Stock Price History:
The Beta on a monthly basis for CRDO is 2.46, which has changed by 2.0939078 over the last 52 weeks, in comparison to a change of 0.11213791 over the same period for the S&P500. Over the past 52 weeks, CRDO has reached a high of $86.88, while it has fallen to a 52-week low of $22.50. The 50-Day Moving Average of the stock is 56.62%, while the 200-Day Moving Average is calculated to be 72.48%.
Shares Statistics:
It appears that CRDO traded 5.04M shares on average per day over the past three months and 6689020 shares per day over the past ten days. A total of 169.80M shares are outstanding, with a floating share count of 147.65M. Insiders hold about 13.05% of the company’s shares, while institutions hold 75.97% stake in the company. Shares short for CRDO as of 1748563200 were 8506710 with a Short Ratio of 1.69, compared to 1745971200 on 10281178. Therefore, it implies a Short% of Shares Outstanding of 8506710 and a Short% of Float of 5.9299998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
