Credo Technology Group Holding Ltd
General ticker "CRDO" information:
- Sector: Information Technology
- Industry: Communication Equipment
- Capitalization: $15.5B (TTM average)
Credo Technology Group Holding Ltd follows the US Stock Market performance with the rate: 69.2%.
Estimated limits based on current volatility of 4.4%: low 149.49$, high 163.18$
Factors to consider:
- Total employees count: 500 (+14.2%) as of 2024
- China accounted for 14.6% of revenue in the fiscal year ended 2024-04-27
- US accounted for 25.7% of revenue in the fiscal year ended 2024-04-27
- Top business risk factors: Economic downturns and volatility, Supply chain disruptions, Geopolitical risks, Market competition, Regulatory and compliance
- Current price 146.8% above estimated high
- Earnings for 6 months up through Q2 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2025-04-30 to 2027-04-30
- 2025-04-30 to 2026-04-30 estimated range: [33.16$, 61.18$]
- 2026-04-30 to 2027-04-30 estimated range: [28.56$, 54.33$]
Financial Metrics affecting the CRDO estimates:
- Negative: with PPE of 57.7 at the end of fiscal year the price was high
- Positive: 7.54 < Operating profit margin, % of 8.50
- Positive: Return on assets ratio (scaled to [-100,100]) of 6.06 > 6.04
- Positive: Investing cash flow per share per price, % of 1.63 > -0.62
- Positive: Interest expense per share per price, % of 0 <= 0.01
- Negative: Industry operating cash flow per share per price (median), % of 2.00 <= 5.42
- Negative: Shareholder equity ratio, % of 84.22 > 64.17
Short-term CRDO quotes
Long-term CRDO plot with estimates
Financial data
| YTD | 2023-04-30 | 2024-04-30 | 2025-04-30 |
|---|---|---|---|
| Operating Revenue | $184.19MM | $192.97MM | $436.77MM |
| Operating Expenses | $205.43MM | $230.03MM | $399.65MM |
| Operating Income | $-21.23MM | $-37.06MM | $37.12MM |
| Non-Operating Income | $3.32MM | $14.31MM | $17.75MM |
| R&D Expense | $76.77MM | $95.53MM | $145.99MM |
| Income(Loss) | $-17.91MM | $-22.75MM | $54.87MM |
| Taxes | $-1.37MM | $5.62MM | $2.69MM |
| Profit(Loss)* | $-16.55MM | $-28.37MM | $52.18MM |
| Stockholders Equity | $347.63MM | $540.20MM | $681.58MM |
| Inventory | $46.02MM | $25.91MM | $90.03MM |
| Assets | $397.29MM | $601.93MM | $809.26MM |
| Operating Cash Flow | $-24.61MM | $32.74MM | $65.08MM |
| Capital expenditure | $21.71MM | $15.65MM | $36.06MM |
| Investing Cash Flow | $-130.94MM | $-249.49MM | $111.99MM |
| Financing Cash Flow | $4.88MM | $175.28MM | $-7.73MM |
| Earnings Per Share** | $-0.11 | $-0.18 | $0.31 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.