Credo Technology Group Holding Ltd (CRDO): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NASDAQ-listed company operates within the Semiconductors industry segment, falling under the Technology sector. The current market capitalization of Credo Technology Group Holding Ltd is $8.35B. A total of 3.05 million shares were traded on the day, compared to an average of 5.73M shares.

In the most recent transaction, DZHS COMMUNITY PROPERTY TRUST bought 7,500 shares of CRDO for 49.81 per share on Mar 24 ’25. In a previous transaction on Mar 17 ’25, Cheng Chi Fung sold 55,000 shares at 47.29 per share. CRDO shares that Chief Technology Officer owns now total 8,103,602.

Among the insiders who sold shares, Cheng Chi Fung disposed of 55,000 shares on Mar 10 ’25 at a per-share price of $39.75. This resulted in the Chief Technology Officer holding 8,158,602 shares of CRDO after the transaction. In another insider transaction, ACEVEDO SYLVIA sold 32,291 shares at $41.61 per share on Mar 07 ’25. Company shares held by the Director now total 21,433.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, CRDO has a high of $86.69 and a low of $16.82.

As of this writing, CRDO has an earnings estimate of $0.27 per share for the current quarter. EPS was calculated based on a consensus of 9.0 estimates, with a high estimate of $0.29 per share and a lower estimate of $0.23.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. CRDO’s latest balance sheet shows that the firm has $259.32M in Cash & Short Term Investments as of fiscal 2022. There were $17.19M in debt and $26.50M in liabilities at the time. Its Book Value Per Share was $3.64, while its Total Shareholder’s Equity was $334.16M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CRDO is Buy with a score of 4.90.

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