In the last trading session, 5.95 million Credo Technology Group Holding Ltd (NASDAQ:CRDO) shares changed hands as the company’s beta touched 2.43. With the company’s per share price at $68.53 changed hands at -$2.56 or -3.60% during last session, the market valuation stood at $11.64B. CRDO’s last price was a discount, traded about -26.5% off its 52-week high of $86.69. The share price had its 52-week low at $22.50, which suggests the last value was 67.17% up since then.
Analysts gave the Credo Technology Group Holding Ltd (CRDO) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.25. If we narrow down to specifics, the data shows that 0 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended CRDO as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight.
Credo Technology Group Holding Ltd (NASDAQ:CRDO) trade information
Instantly CRDO was in red as seen at the end of in last trading. With action -4.71%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 1.96%, with the 5-day performance at -4.71% in the red. However, in the 30-day time frame, Credo Technology Group Holding Ltd (NASDAQ:CRDO) is 34.90% up.
The consensus price target for the stock as assigned by Wall Street analysts is 85, meaning bulls need an upside of 19.38% from its current market value. According to analyst projections, CRDO’s forecast low is 80 with 85 as the target high. To hit the forecast high, the stock’s price needs a -24.03% plunge from its current level, while the stock would need to soar -16.74% for it to hit the projected low.
Credo Technology Group Holding Ltd (NASDAQ:CRDO)’s Major holders
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 8.5942% or 14.19 million shares worth $453.31 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund. With 4.49 shares estimated at $307.36 million under it, the former controlled 2.64% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held about 2.09% of the shares, roughly 3.55 shares worth around $243.07 million.
