18.64

2.59% +0.465

Credo Technology Group Holding Ltd (CRDO)

Overview News Price History Option Chain Why CRDO Down? Discussions Forecast

Credo Technology Group Holding Ltd stock is currently priced at $18.64, with a 24-hour trading volume of 939.01K. It has seen a +2.59% increased in the last 24 hours and a -13.94% declined in the past month. The chart indicates a potential bullish trend, as the stock is above the $17.93 pivot point. If it approaches the $18.70 resistance level, significant changes may occur.

Previous Close:

$18.17

Open:

$18.86

24h Volume:

939.01K

Market Cap:

$3.06B

Revenue:

$164.28M

Net Income/Loss:

$-33.83M

P/E Ratio:

-98.08

EPS:

-0.19

Net Cash Flow:

$386.00K

1W Performance:

+10.17%

1M Performance:

-13.94%

6M Performance:

+35.96%

1Y Performance:

+125.12%

1D Range:

$18.44

$18.90

52W Range:

$7.195

$23.90

Credo Technology Group Holding Ltd Stock (CRDO) Company Profile

Name

Credo Technology Group Holding Ltd

Sector

Technology (772)

Industry

Communication Equipment (64)

Phone

Address

1600 Technology Drive, San Jose

Employee

354

Twitter

Next Earnings Date

2024-02-27

Latest SEC Filings

CRDO's Discussions on Twitter

Credo Technology Group Holding Ltd Stock (CRDO) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Nov-30-23	Reiterated	TD Cowen	Market Perform
Oct-02-23	Initiated	Barclays	Overweight
Aug-25-23	Reiterated	TD Cowen	Market Perform
Feb-28-23	Initiated	Exane BNP Paribas	Outperform
Feb-15-23	Downgrade	BofA Securities	Buy → Underperform
Feb-15-23	Downgrade	Cowen	Outperform → Market Perform
Feb-15-23	Reiterated	Needham	Buy

View All

Credo Technology Group Holding Ltd Stock (CRDO) Latest News

Breaking Down Credo Technology Group: 5 Analysts Share Their Views

Benzinga

Credo Technology Group Holding Ltd. (CRDO) Q3 Earnings and Revenues Surpass Estimates

Zacks Investment Research

Are Business Services Stocks Lagging Cellebrite DI Ltd. (CLBT) This Year?

Zacks Investment Research

Nvidia, AMD, Broadcom Among Biggest Beneficiaries Of AI Explosion To $400B Market: Analysts

Benzinga

Credo Schedules Third Quarter Fiscal Year 2024 Financial Results Conference Call

GlobeNewswire Inc.

Is Cap Gemini (CGEMY) Stock Outpacing Its Business Services Peers This Year?

Zacks Investment Research

Credo Technology Group Holding Ltd Stock (CRDO) Financials Data

Credo Technology Group Holding Ltd (CRDO) Revenue 2024

CRDO reported a revenue (TTM) of $164.28 million for the quarter ending January 31, 2024, a -13.37% decline year-over-year.

Credo Technology Group Holding Ltd (CRDO) Net Income 2024

CRDO net income (TTM) was -$33.83 million for the quarter ending January 31, 2024, a -467.12% decrease year-over-year.

Credo Technology Group Holding Ltd (CRDO) Cash Flow 2024

CRDO recorded a free cash flow (TTM) of $386.00 thousand for the quarter ending January 31, 2024, a +101.02% increase year-over-year.

Credo Technology Group Holding Ltd (CRDO) Earnings per Share 2024

CRDO earnings per share (TTM) was -$0.2274 for the quarter ending January 31, 2024, a -506.40% decline year-over-year.

Credo Technology Group Holding Ltd Stock (CRDO) Insider Trading

Insider Trading	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total
Brennan William Joseph	Pres & Chief Executive Officer	Oct 24 '24	Sale	14.45	15,000	216,762	3,927,421
Cheng Chi Fung	Chief Technology Officer	Apr 19 '24	Sale	17.31	55,000	951,821	9,828,602
Brennan William Joseph	Pres & Chief Executive Officer	Apr 18 '24	Sale	18.14	15,000	272,054	2,977,500
Brennan William Joseph	Pres & Chief Executive Officer	Apr 17 '24	Sale	19.16	15,000	287,421	2,992,500
Lam Yat Tung	Chief Operating Officer	Apr 11 '24	Sale	22.72	78,127	1,774,709	720,000
Cheng Chi Fung	Chief Technology Officer	Apr 11 '24	Sale	22.13	55,000	1,216,881	9,883,602
Lam Yat Tung	Chief Operating Officer	Apr 11 '24	Sale	22.12	10,000	221,208	3,153,738
Brennan William Joseph	Pres & Chief Executive Officer	Apr 05 '24	Sale	21.72	15,000	325,742	3,007,500
Brennan William Joseph	Pres & Chief Executive Officer	Apr 04 '24	Sale	22.31	15,000	334,708	3,022,500
Lam Yat Tung	Chief Operating Officer	Apr 04 '24	Sale	22.62	400	9,048	798,127

Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Mexico, Malaysia, Hong Kong, and internationally. Its products include integrated circuits, active electrical cables, and SerDes chiplets that are based on its serializer/deserializer and digital signal processor technologies. The company intellectual property solutions consist of SerDes IP licensing. The company was founded in 2008 and is headquartered in San Jose, California.