CRDO Stock Summary and Trading Ideas (Credo Technology Group Holding - | NASDAQ:CRDO)

Credo Technology Group Holding Ltd delivers high-speed solutions to break bandwidth barriers on every wired connection in the data infrastructure market. It provides secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase exponentially throughout the data infrastructure market. It has a geographic presence in Hong Kong, the United States, Mainland China, Taiwan, and the Rest of the World.

Credo Technology Group Holding - trades on the NASDAQ stock market under the symbol CRDO.

As of April 2, 2026, CRDO stock price climbed to $101.45 with 4,699,114 million shares trading.

CRDO has a beta of 2.83, meaning it tends to be more sensitive to market movements. CRDO has a correlation of 0.38 to the broad based SPY ETF.

CRDO has a market cap of $17.55 billion. This is considered a Large Cap stock.

Last quarter Credo Technology Group Holding - reported $407 million in Revenue and $1.07 earnings per share. This beat revenue expectation by $19 million and exceeded earnings estimates by $.23.

In the last 3 years, CRDO traded as high as $213.80 and as low as $7.20.

The top ETF exchange traded funds that CRDO belongs to (by Net Assets): VTI, VB, IWM, SOXX, VBK.

CRDO has outperformed the market in the last year with a return of +135.7%, while the SPY ETF gained +17.5%. However, in the most recent history, CRDO shares have underperformed the stock market with its stock returning -29.2% in the last 3 month period and -5.3% for the last 2 week period, while SPY has returned -3.7% and -0.1%, respectively.

CRDO support price is $90.54 and resistance is $101.30 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CRDO shares will trade within this expected range on the day.