Credo Technology Group Holding Ltd

General ticker "CRDO" information:

  • Sector: Information Technology
  • Industry: Semiconductors & Semiconductor Equipment
  • Capitalization: $10.5B

Credo Technology Group Holding Ltd follows the US Stock Market performance with the rate: 59.3%.

Estimated limits based on current volatility of 6.4%: low 65.56$, high 71.92$

Factors to consider:

  • China accounted for 52.6% of revenue in the fiscal year ended 2023-04-29
  • US accounted for 24.0% of revenue in the fiscal year ended 2023-04-29
  • Current price 168.9% above estimated high
  • Earnings for 6 months up through Q2 are below 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 2024-04-27 to 2026-04-27

  • 2024-04-27 to 2025-04-27 estimated range: [13.21$, 25.48$]
  • 2025-04-27 to 2026-04-27 estimated range: [13.64$, 25.98$]

Financial Metrics affecting the CRDO estimates:

  • Negative: Non-GAAP EPS, $ of 0.09 <= 0.10
  • Negative: Operating profit margin, % of -15.83 <= 1.03
  • Negative: Operating cash flow per share per price, % of 1.02 <= 2.35
  • Negative: negative Net income
  • Positive: 1.31 < Industry earnings per price (median), % of 2.36
  • Positive: -3.48 < Investing cash flow per share, $ of -1.61
  • Positive: Inventory ratio change, % of -8.33 <= -1.03

Similar symbols

Short-term CRDO quotes

Long-term CRDO plot with estimates

Financial data

YTD 2022-04-30 2023-04-29 2024-04-27
Operating Revenue $106.48MM $184.19MM $192.97MM
Operating Expenses $128.44MM $205.43MM $229.26MM
Operating Income $-21.97MM $-21.23MM $-36.29MM
Non-Operating Income $-0.24MM $3.32MM $13.55MM
Interest Expense $6.51MM $0.00MM $0.00MM
R&D Expense $47.95MM $76.77MM $95.53MM
Income(Loss) $-22.21MM $-17.91MM $-22.75MM
Taxes $-0.04MM $-1.37MM $5.62MM
Profit(Loss) $-22.18MM $-16.55MM $-28.37MM
Stockholders Equity $334.16MM $347.63MM $540.20MM
Inventory $27.34MM $46.02MM $25.91MM
Assets $375.69MM $397.29MM $601.93MM
Operating Cash Flow $-30.83MM $-24.61MM $32.74MM
Capital expenditure $17.58MM $21.71MM $15.65MM
Investing Cash Flow $-17.58MM $-130.94MM $-249.49MM
Financing Cash Flow $204.18MM $4.88MM $175.28MM
Earnings Per Share* $-0.25 $-0.11 $-0.18

* EPS are Split Adjusted, recent splits may be reflected with a delay.