In today’s recent session, 2.33 million shares of the Credo Technology Group Holding Ltd (NASDAQ:CRDO) have been traded, and its beta is 2.43. Most recently the company’s share price was $78.70, and it changed around $5.21 or 7.09% from the last close, which brings the market valuation of the company to $13.36B. CRDO at last check was trading at a discount to its 52-week high of $86.69, offering almost -10.15% off that amount. The share price’s 52-week low was $22.50, which indicates that the recent value has risen by an impressive 71.41% since then.
Credo Technology Group Holding Ltd stock received a consensus recommendation rating of Buy, based on a mean score of 1.23. If we narrow it down even further, the data shows that 0 out of 13 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 1 recommended CRDO as a Hold, whereas 8 deemed it a Buy, and 0 rated it as Underweight.
Credo Technology Group Holding Ltd (NASDAQ:CRDO) trade information
Instantly CRDO has been showing a green trend so far today with a performance of 7.09% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 79.85 on recent trading dayincreased the stock’s daily price by 1.44%. The company’s shares are currently up 17.10% year-to-date, but still up 10.71% over the last five days. On the other hand, Credo Technology Group Holding Ltd (NASDAQ:CRDO) is 32.09% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $85, which translates to bulls needing to increase their stock price by 7.41% from its current value. Analyst projections state that CRDO is forecast to be at a low of $80 and a high of $85.
Credo Technology Group Holding Ltd earnings are expected to increase by 116.36% in 2025, but the outlook is positive 35.46% per year for the next five years.
CRDO Dividends
Credo Technology Group Holding Ltd’s next quarterly earnings report is expected to be released in July.
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