Credo Technology Group Holding Ltd(CRDO)
NASDAQ
$171.51
-1.30 (-0.75%)

Credo Technology Group Holding Ltd(CRDO)Stock Price & Analysis
NASDAQ

CRDO Stock Price Today (October 2026) — Credo Technology Group Holding Ltd Analysis & Key Metrics 2026-10-20

Credo Technology Group Holding Ltd (CRDO) is trading at $171.51, down 0.75% today (as of October 2026). The stock continues to show pressure below major moving averages, attracting attention from investors looking for Technology growth opportunities.

  • According to consensus analyst estimates, the 1-year price target is $279.09 (62.7% upside).
  • Volatility is high (62.85% annualized), implying wide price swings for short-term traders.
  • The fundamental picture, based on the latest financial filings, is nuanced: solid revenue growth (114.70% YoY) alongside competitive pressures in the Semiconductors space.

CRDO Stock Analysis: Key Metrics & Valuation (October 2026)

Concise, actionable data for investors

Trend posture
Downtrend: below 50- and 200-day averages
Analyst 1Y target$279.09+62.7%
Volatility (30d ann.)62.85%High
RSI (14-day)
33.98 (Neutral)
Debt$26.21M (0.01x D/E)

Credo Technology Group Holding Ltd - Historical Price & Volume

$171.51
+131.58 (+329.53%)
  • Price
  • Volume
  • Latest price
Range: 2Y

Market Cap

$32.24B

Enterprise Value: $31.50B

P/E Ratio

60.82

Forward P/E: 17.83

Revenue Growth

+114.70%

Year over Year

Analyst Target

$279.09

+62.7% upside potential

Key Investor Questions About CRDO

What investors need to know before buying

Is it a good time to buy CRDO stock?

Based on current market data, CRDO presents a neutral technical setup with looking solid fundamentals.

  • Technicals say: Neutral (RSI 33.98)
  • Fundamentals say: Looking solid (debt and growth supportive)
Can CRDO sustain revenue growth in the Semiconductors market?

CRDO's growth trajectory depends on its ability to expand within the Semiconductors sector while managing margin pressures.

  • Future growth will depend on performance in core Semiconductors operations.
  • The ability to manage competitive pressures will be crucial for sustained growth.
What are the biggest risks facing CRDO stock?

The primary risks for CRDO investors include debt exposure and competitive dynamics in the Semiconductors industry.

  • $26.21M in debt could be a headwind in a high-rate environment.
  • Fierce competition from established players in Semiconductors.

52-Week Trading Range

52-Week Low$86.49
52-Week High$308.67
Current Price$171.51

Over the past year, CRDO stock traded between $86.49 and $308.67 and currently trades in the middle of that range. Big swings are likely unless a major catalyst emerges.

Volatility & Risk Profile

30-Day Volatility62.85%
Beta3.24
RSI (14-day)33.98

With 62.85% annualized volatility and β=3.24, the stock exhibits high sensitivity to market moves—making CRDO suitable for investors comfortable with active risk management.

Institutional & Insider Ownership

Insider Ownership9.15%
Institutional Ownership73.87%
Shares Short11.28M

High institutional backing, but elevated short interest signals a potential battleground stock.

Analyst Sentiment & Price Targets

Mean Target
$279.09
Upside Potential
+62.7%
Recommendation
strong_buy
Analysts see strong upside potential with a target of $279.09. The 62.7% upside suggests optimistic growth expectations.

Earnings snapshot

Next report Nov 30, 2026 (after the close, usually)

EPS beat rate
91% (10/11)
Avg move after earnings
±15.0%
Options-implied move
—
Options vs history
—
CRDO earnings history, charts and expected move

Frequently Asked Questions

Common investor questions about Credo Technology Group Holding Ltd

Credo Technology Group Holding Ltd (CRDO) is currently trading at $171.51. The RSI (14-day) is at 34.0, indicating neutral territory. Wall Street analysts have a consensus "strong_buy" recommendation. The mean analyst price target of $279.09 implies 62.7% upside from current levels. Volatility is high at 62.8% annualized, meaning significant price swings are common. Investors should consider their risk tolerance, investment horizon, and portfolio diversification before making a decision.

Based on current valuation metrics for Credo Technology Group Holding Ltd (CRDO): The trailing P/E ratio is 60.82, which is above the market average, indicating investors are pricing in higher growth expectations. The forward P/E is 17.83, lower than the trailing P/E, suggesting analysts expect earnings improvement. Price-to-Book is 11.80. Price-to-Sales is 20.26. Valuation should be compared to Semiconductors industry peers for context, as different sectors trade at different multiples.

Based on 20 analysts covering CRDO, the consensus price target is $279.09. This represents a 62.7% upside from the current price of $171.51. The range spans from a low target of $185.00 to a high target of $315.00, reflecting varying levels of optimism among analysts. The consensus recommendation is "strong_buy". Note: Analyst price targets are forward-looking estimates and not guarantees of future performance.

Credo Technology Group Holding Ltd (CRDO) does not currently pay a regular dividend. The company may be reinvesting profits into growth initiatives, or may not yet be profitable enough to distribute earnings to shareholders.

Key risks for Credo Technology Group Holding Ltd (CRDO) investors include: 1. High volatility (62.8% annualized)—the stock can experience significant daily price swings. 2. Broader market and macroeconomic risks (interest rates, inflation, geopolitical events). 3. Semiconductors sector-specific competitive pressures. Investors should diversify and consider their risk tolerance before investing.

Here is Credo Technology Group Holding Ltd's (CRDO) current debt and financial health profile: Total debt stands at $26.21M. The debt-to-equity ratio is 0.01x, which is conservative and indicates a strong balance sheet with low leverage. The current ratio is 7.40, indicating strong short-term liquidity. The quick ratio is 5.31. The company holds $764.26M in cash and equivalents. Free cash flow is positive at $438.60M, providing a cushion for debt servicing and shareholder returns.