CRDO Company Profile and Key Details

Short-term trend indicators are mixed aligned (SMA20 -5.09%, SMA50 -14.77%, SMA200 -8.81%). The stock’s 14-day RSI is 40.88 (neutral), while the ATR of 10.54 points to higher daily volatility. The stock remains hovering near 52-week lows, trading -46.45% below its high and over 293.54% above its low. Average 10-day trading volume of 13.00 million shares is significantly above the 3-month average of 8.29 million, indicating heightened recent market interest.

Credo Technology Group Holding Ltd (NASDAQ:CRDO) closed at $271.95 USD, gaining $26.27 (10.69%) from the previous close of $245.68. The stock is currently mid-range between its 52-week high and low $84.25 and $308.67. With a market capitalization of about $50.71 billion, Credo Technology Group Holding Ltd is classified as a large-cap and shows higher-than-market volatility (beta ~3.23). Key stats such as the average daily volume over the past year has been around 8.50 million shares, in line with its 52-week average. Headquartered in San Jose, CA, Credo Technology Group Holding Ltd operates in the Technology sector and the Communication Equipment industry. Led by CEO William J. Brennan, the company employs approximately 500 people and listed since January 27, 2022. Credo Technology Group Holding Ltd (CRDO) specializes in delivering advanced high-speed connectivity solutions for both optical and electrical Ethernet applications.

Credo Technology Group Holding Ltd last paid a dividend of 0 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around -$11.37. This means the shares are trading below this model’s fair value.

Credo Technology Group Holding Ltd has 172.97 million shares outstanding. The public float is 151.38 million shares, elevated short interest at 4.57% of float. This equals 6.97 million shares. The short ratio is 1.67 days. Institutional investors hold 85.4% of the float. Insiders own 11.82%. Cheng Chi Fung holds 5.94 million shares, Sutardja, Pantas has 5.89 million shares and Lam Yat Tung has 2.61 million shares. Over the past six months, insider transactions show net selling. They sold 82.17 thousand shares across 41 transactions.

Wall Street analysts project EPS growth of 95.69% annually over the next five years. The latest quarter delivered EPS of $1.16. The next quarter is forecast at $0.91. Next year's EPS is expected at $550.00. Analyst sentiment is bullish. Analyst rating data shows there are 13 Strong Buy ratings, 27 Buy ratings, 5 Hold ratings, 0 Sell rating and 0 Strong Sell ratings. Price targets range from $350.00 to $98.00. The high target offers 28.7% upside. The low target suggests -63.96% downside. The mean target is $207.44. This offers -23.72% upside. Credo Technology Group Holding Ltd earnings surprise history is a consistent trend of beating forecasts. The quarter that ended June 01, 2026, missed forecasts by 13.73%. The prior quarter beat by 17.32%. Over the last six quarters, Apple has recorded several small beats. These include 38.89% in March 04, 2025.

Credo Technology Group Holding Ltd trades at a P/E ratio of 104.18, slightly above the S&P 500 average, with a price-to-sales ratio of 38.12 and a price-to-book ratio of 24.43 reflecting a rich premium to book value. The P/FCF stands at 125.06, also above market averages. Compared to sector medians, Credo Technology Group Holding Ltd P/S is trading rich, and the P/B is far higher than peers, underscoring the brand and earnings power premium investors assign to the stock.

Our AI price prediction model suggests that Credo Technology Group Holding Ltd stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected increase of 5.24%, with price expected at $286.20 by July 14, 2026, within a range of $264.64 to $307.10 3-Month Outlook: Projected rise of 91.36%, reaching $520.39 by September 25, 2026, with a range of $516.43 to $524.19. 1-Year Outlook: Projected gain of 17.58%, with price at $319.75 by June 30, 2027, within a range of $308.52 to $329.12.

Credo Technology Group Holding Ltd (NASDAQ:CRDO) shares are flat 6.48% year-to-date currently trading near 52-week highs band. Short-term momentum has been positive over the last quarter, despite recent volatility. Valuation shows Credo Technology Group Holding Ltd trading at a premium to the broader market with a P/E of 104.18. Analyst sentiment is bullish, with the majority of ratings in Buy territory and a mean price target of $135.59, suggesting -50.14% downside. Our AI forecast model points to short-term strength (5.24% over two weeks), a medium-term rise (91.36% over three months), and a longer-term gain (17.58% over one year), with expected trading ranges indicating moderate volatility.