The Technical Analyst
Credo Technology Group [CRDO]
Exchange: NASDAQ Sector: Technology Industry: Communication Equipment
Credo Technology Group Price, Forecast, Insider, Ratings, Fundamentals & Signals
Current Signal: BUY (auto-tracking)
2.19% $18.17
America/New_York / 25 apr 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 2 966.99 mill |
| EPS: | -0.230 |
| P/E: | -79.00 |
| Earnings Date: | May 29, 2024 |
| SharesOutstanding: | 163.29 mill |
| Avg Daily Volume: | 2.12 mill |
| RATING 2024-04-25 |
|---|
| B+ |
| Neutral |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Sell | |
| Return On Equity: | Sell | |
| Return On Asset: | Neutral | |
| DE: | Sell | |
| P/E: | Strong Buy | |
| Price To Book: | Buy |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | 1/24 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.00x |
| Company: PE -79.00 | sector: PE -1.697 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| -10.12x |
| Company: PE -79.00 | industry: PE 7.80 |
| DISCOUNTED CASH FLOW VALUE |
|---|
| N/A |
| N/A |
| Expected Trading Range (DAY) |
|---|
|
$ 17.07 - 19.27 ( +/- 6.04%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-04-19 | Cheng Chi Fung | Sell | 50 996 | Ordinary Shares |
| 2024-04-19 | Cheng Chi Fung | Sell | 4 004 | Ordinary Shares |
| 2024-04-17 | Brennan William Joseph | Sell | 15 000 | Ordinary Shares |
| 2024-04-18 | Brennan William Joseph | Sell | 15 000 | Ordinary Shares |
| 2024-04-11 | Cheng Chi Fung | Sell | 15 028 | Ordinary Shares |
| INSIDER POWER |
|---|
| -72.43 |
| Last 99 transactions |
| Buy: 526 771 | Sell: 3 426 236 |
Forecast:
16:00 - $18.19
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $18.19
Forecast 2: 16:00 - $18.19
Forecast 3: 16:00 - $18.19
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $18.17 (2.19% ) |
| Volume | 2.06 mill |
| Avg. Vol. | 2.12 mill |
| % of Avg. Vol | 97.11 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For CRDO
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % | Feb 8 - 15:35 | sell | $21.39 | N/A | Active |
|---|
CRDO
Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Mexico, Mainland China, 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 also offers intellectual property solutions consist of SerDes IP licensing. The company was founded in 2008 and is headquartered in San Jose, California.
Latest Press Releases
2024-04-23 09:00:00 - Press Release
Credo At Tsmc 2024 North America Technology Symposium
San jose, calif.--(business wire)--credo technology group holding ltd (credo) (nasdaq: crdo) an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, is set to showcase its latest serdes ip and chiplet technology at three upcoming taiwan semiconductor manufacturing company (tsmc) symposium events in 2024. april 24th - north american techno.
2024-04-02 17:35:00 - Press Release
Credo Technology Group Holding Ltd Announces Appointment Of Industry Veteran Clyde Hosein To Board Of Directors
San jose, calif.--(business wire)--credo technology group holding ltd announces appointment of industry veteran clyde hosein to board of directors.
2024-03-19 11:00:00 - Press Release
Keysight Demonstrates First Full Line Rate 1.6 Terabit Ethernet Test Capability
Santa rosa, calif.--(business wire)---- $keys #16t--keysight technologies, inc. (nyse: keys) and credo semiconductor (nasdaq: crdo) set a new milestone by developing a joint testbed that demonstrates the first ieee p802.3dj draft specification compliant 1.6 terabit (t) ethernet measurement system running full line rate layer 2 ethernet traffic on a real world hardware development platform. this demonstration provides proof that 1.6t ethernet speed is possible and that its performance can be measured. network.
2024-03-04 09:00:00 - Press Release
Credo To Present At 36th Annual Roth Conference
San jose, calif., march 04, 2024 (globe newswire) -- credo technology group holding ltd (credo) (nasdaq: crdo), an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, today announced that bill brennan, president and ceo, and dan fleming, cfo, are scheduled to present at the following upcoming investor conference.
2024-02-27 16:05:00 - Press Release
Credo Technology Group Holding Ltd Reports Third Quarter Of Fiscal Year 2024 Financial Results
San jose, calif., feb. 27, 2024 (globe newswire) -- credo technology group holding ltd (nasdaq: crdo), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, today reported financial results for the third quarter of fiscal year 2024, ended january 27, 2024.
Latest News
2024-04-10 03:32:41 - Seeking Alpha
Credo Technology: Positive On Growth Acceleration And Customer Base Diversification
Buy rating for Credo Technology stock due to accelerating growth and customer diversification. Strong product revenue growth and margin improvements in recent results. Gaining traction with new hyperscale customers and being well-positioned for future demand in high-speed data center connectivity.
2024-03-12 15:33:34 - Seeking Alpha
Credo Technology: Concentration Risk Still Overshadows Hyperscaler Progress
Credo Technology provides high-speed connectivity solutions including integrated circuits, Active Electrical Cables, and Serializer and Deserializer Chiplets. Despite volatility in 2023, CRDO has had a strong rebound with a 126% return in the past year. The company is benefitting from the growing demand for high-performance computing in data centers, particularly from US hyperscalers like Microsoft.
2024-03-08 14:26:11 - Seeking Alpha
Credo Technology: Comparative Metrics Vs. Main Competitors Broadcom And Marvell
Credo Technology Group competes against Broadcom and Marvell in the semiconductor industry, offering high-speed data movement and connectivity solutions. Credo offers competitive solutions in areas such as high-speed SerDes technology, Ethernet solutions, active electrical cables, direct attach cables, optical DSP solutions, and PAM4 technology. Broadcom and Marvell reported their earnings yesterday, with Broadcom's sales guidance falling short of expectations and Marvell's first-quarter guidance missing expectations.
2024-03-04 09:00:00 - GlobeNewsWire
Credo to Present at 36th Annual Roth Conference
SAN JOSE, Calif., March 04, 2024 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, today announced that Bill Brennan, President and CEO, and Dan Fleming, CFO, are scheduled to present at the following upcoming investor conference.
2024-02-27 19:16:05 - Zacks Investment Research
Credo Technology Group Holding Ltd. (CRDO) Q3 Earnings and Revenues Surpass Estimates
Credo Technology Group Holding Ltd. (CRDO) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of $0.03 per share.
2024-02-12 16:05:00 - GlobeNewsWire
Credo Schedules Third Quarter Fiscal Year 2024 Financial Results Conference Call
SAN JOSE, Calif., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power efficiency, today announced it will hold a conference call on Tuesday, February 27, 2024, at 2:00 p.m. Pacific Time to discuss its financial results for the fiscal third quarter ended January 27, 2024.
2024-01-29 07:31:04 - Zacks Investment Research
4 Top Stocks That Flaunt Solid Earnings Acceleration
Invest in stocks such as AxoGen (AXGN), Western Digital (WDC), Accolade (ACCD) and Credo Technology (CRDO) for superb earnings acceleration.
2024-01-22 12:06:04 - Zacks Investment Research
Credo Technology Group Holding Ltd. (CRDO) Soars 8.3%: Is Further Upside Left in the Stock?
Credo Technology Group Holding Ltd. (CRDO) was a big mover last session on higher-than-average trading volume.
2024-01-11 07:31:29 - Zacks Investment Research
3 Stocks Worth a Look for Solid Earnings Acceleration
Keep a tab on stocks such as Aspen Aerogels (ASPN), AxoGen (AXGN) and Credo Technology Group (CRDO) for superb earnings acceleration.
2024-01-04 09:47:09 - Zacks Investment Research
Why Credo Technology (CRDO) Stock Might be a Great Pick
Credo Technology (CRDO) has seen solid earnings estimate revision activity over the past two months, and belongs to a strong industry as well.