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Credo Technology Group (CRDO)

(Real Time Quote from BATS)

$39.37 USD

39.37
571,928

-1.06 (-2.62%)

Updated Nov 4, 2024 11:52 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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F Value B Growth D Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 28% (70 out of 250)

Industry: Technology Services

Better trading starts here.

Zacks News

Credo Technology Group Holding Ltd. (CRDO) Meets Q1 Earnings Estimates

Credo Technology Group (CRDO) delivered earnings and revenue surprises of 0% and 0.36%, respectively, for the quarter ended July 2024. Do the numbers hold clues to what lies ahead for the stock?

Elastic (ESTC) Q1 Earnings and Revenues Beat Estimates

Elastic (ESTC) delivered earnings and revenue surprises of 40% and 0.88%, respectively, for the quarter ended July 2024. Do the numbers hold clues to what lies ahead for the stock?

Full Truck Alliance Co. Ltd. Sponsored ADR (YMM) Matches Q2 Earnings Estimates

Full Truck Alliance (YMM) delivered earnings and revenue surprises of 0% and 3.02%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Peraso (PRSO) Reports Q2 Loss, Tops Revenue Estimates

Peraso (PRSO) delivered earnings and revenue surprises of -203.45% and 0.91%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

HireQuest, Inc. (HQI) Q2 Earnings and Revenues Surpass Estimates

HireQuest (HQI) delivered earnings and revenue surprises of 25% and 3.33%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Credo Technology Group Holding Ltd. (CRDO) Q4 Earnings and Revenues Surpass Estimates

Credo Technology Group (CRDO) delivered earnings and revenue surprises of 40% and 0.47%, respectively, for the quarter ended April 2024. Do the numbers hold clues to what lies ahead for the stock?

Credo Technology Group Holding Ltd. (CRDO) Q3 Earnings and Revenues Surpass Estimates

Credo Technology Group Holding Ltd. (CRDO) delivered earnings and revenue surprises of 33.33% and 2.04%, respectively, for the quarter ended January 2024. Do the numbers hold clues to what lies ahead for the stock?

Are Business Services Stocks Lagging Cellebrite DI Ltd. (CLBT) This Year?

Here is how Cellebrite DI Ltd. (CLBT) and Credo Technology Group Holding Ltd. (CRDO) have performed compared to their sector so far this year.

Is Cap Gemini (CGEMY) Stock Outpacing Its Business Services Peers This Year?

Here is how Cap Gemini SA (CGEMY) and Credo Technology Group Holding Ltd. (CRDO) have performed compared to their sector so far this year.

Zacks.com featured highlights include AxoGen, Western Digital, Accolade and Credo Technology Group

AxoGen, Western Digital, Accolade and Credo Technology Group are part of the Screen of the Week article.

Tirthankar Chakraborty headshot

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.

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. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Zacks.com featured highlights include Aspen Aerogels, AxoGen and Credo Technology Group

Aspen Aerogels, AxoGen and Credo Technology Group are part of the Zacks Screen of the Week article.

Tirthankar Chakraborty headshot

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.

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.

Credo Technology Group Holding Ltd. (CRDO) is a Great Momentum Stock: Should You Buy?

Does Credo Technology Group Holding Ltd. (CRDO) have what it takes to be a top stock pick for momentum investors? Let's find out.

Earnings Estimates Rising for Credo Technology Group Holding Ltd. (CRDO): Will It Gain?

Credo Technology Group Holding Ltd. (CRDO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Implied Volatility Surging for Credo Technology (CRDO) Stock Options

Investors need to pay close attention to Credo Technology (CRDO) stock based on the movements in the options market lately.

Credo Technology Group Holding Ltd. (CRDO) Reports Q1 Loss, Tops Revenue Estimates

Credo Technology Group Holding Ltd. (CRDO) delivered earnings and revenue surprises of 0% and 3.22%, respectively, for the quarter ended July 2023. Do the numbers hold clues to what lies ahead for the stock?

Boxlight Corporation (BOXL) Reports Q2 Loss, Misses Revenue Estimates

Boxlight Corporation (BOXL) delivered earnings and revenue surprises of 25% and 5.98%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Marathon Digital Holdings, Inc. (MARA) Reports Q2 Loss, Misses Revenue Estimates

Marathon Digital Holdings, Inc. (MARA) delivered earnings and revenue surprises of -333.33% and 1.73%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Kyndryl Holdings, Inc. (KD) Reports Break-Even Earnings for Q1

Kyndryl Holdings, Inc. (KD) delivered earnings and revenue surprises of 100% and 1.06%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Credo Technology Group Holding Ltd. (CRDO) Reports Q4 Loss, Tops Revenue Estimates

Credo Technology Group Holding Ltd. (CRDO) delivered earnings and revenue surprises of 0% and 3.51%, respectively, for the quarter ended April 2023. Do the numbers hold clues to what lies ahead for the stock?

Strength Seen in Credo Technology Group Holding Ltd. (CRDO): Can Its 9.6% Jump Turn into More Strength?

Credo Technology Group Holding Ltd. (CRDO) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Blade Air Mobility, Inc. (BLDE) Reports Q1 Loss, Tops Revenue Estimates

Blade Air Mobility, Inc. (BLDE) delivered earnings and revenue surprises of 33.33% and 10.42%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?