In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, Credo Technology Group Holding Ltd’s stock clocked out at $92.73, down -0.94% from its previous closing price of $93.61. In other words, the price has decreased by -$0.94 from its previous closing price. On the day, 3.07 million shares were traded. CRDO stock price reached its highest trading level at $92.79 during the session, while it also had its lowest trading level at $89.35.
Ratios:
To gain a deeper understanding of CRDO’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 36.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 548.46. 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 Jul 07 ’25 when CHENG HUANG FAMILY TRUST bought 550,000 shares for $93.61 per share.
Cheng Chi Fung sold 55,000 shares of CRDO for $5,095,582 on Jun 30 ’25. The Chief Technology Officer now owns 7,383,961 shares after completing the transaction at $92.65 per share. On Jun 24 ’25, another insider, TAN LIP BU, who serves as the Director of the company, sold 80,000 shares for $90.77 each. As a result, the insider received 7,261,816 and left with 479,428 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 15916362752 and an Enterprise Value of 15359154176. As of this moment, Credo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 332.72, and their Forward P/E ratio for the next fiscal year is 48.00. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 36.44 while its Price-to-Book (P/B) ratio in mrq is 23.29. Its current Enterprise Value per Revenue stands at 35.165 whereas that against EBITDA is 269.278.
Stock Price History:
The Beta on a monthly basis for CRDO is 2.57, which has changed by 1.9494274 over the last 52 weeks, in comparison to a change of 0.11708844 over the same period for the S&P500. Over the past 52 weeks, CRDO has reached a high of $95.71, while it has fallen to a 52-week low of $22.50. The 50-Day Moving Average of the stock is 37.69%, while the 200-Day Moving Average is calculated to be 65.82%.
Shares Statistics:
It appears that CRDO traded 5.10M shares on average per day over the past three months and 5199590 shares per day over the past ten days. A total of 171.17M shares are outstanding, with a floating share count of 149.52M. Insiders hold about 12.89% of the company’s shares, while institutions hold 75.17% stake in the company. Shares short for CRDO as of 1749772800 were 7631754 with a Short Ratio of 1.50, compared to 1747267200 on 9528246. Therefore, it implies a Short% of Shares Outstanding of 7631754 and a Short% of Float of 5.3200003.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
