With 3.05 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.73 million shares. During the session, the Semiconductors company that operates in wider Technology sector, reached to the highest price of $50.475 whereas the lowest price it dropped to was $48.5787. The 52-week range on CRDO shows that it touched its highest point at $86.69 and its lowest point at $16.82 during that stretch. It currently has a 1-year price target of $84.67. Beta for the stock currently stands at 2.19.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CRDO was up-trending over the past week, with a rise of 11.60%, but this was down by -18.34% over a month. Three-month performance dropped to -26.64% while six-month performance rose 68.54%. The stock gained 127.47% in the past year, while it has lost -26.83% so far this year. A look at the trailing 12-month EPS for CRDO yields 0.01 with Next year EPS estimates of 1.13. For the next quarter, that number is 0.27. This implies an EPS growth rate of 553.54% for this year and 92.34% for next year.
Float and Shares Shorts:
At present, 169.70 million CRDO shares are outstanding with a float of 146.53 million shares on hand for trading. On 2025-03-14, short shares totaled 10.14 million, which was 596.99997 higher than short shares on 1739491200. In addition to Mr. William J. Brennan as the firm’s President, CEO & Director, Mr. Chi Fung Cheng serves as its Co-founder, CTO & Director.
Institutional Ownership:
Through their ownership of 0.76036 of CRDO’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2025-02-01, CRDO reported revenue of $135002000.0 and operating income of $26194000.0. The EBITDA in the recently reported quarter was $31257000.0 and diluted EPS was $0.16.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CRDO since 5 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CRDO analysts setting a high price target of 90.0 and a low target of 60.0, the average target price over the next 12 months is 80.08333. Based on these targets, CRDO could surge 83.0% to reach the target high and rise by 22.0% to reach the target low. Reaching the average price target will result in a growth of 62.84% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.08124571 being high and $0.06093429 being low. For CRDO, this leads to a yearly average estimate of $0.07109. Based on analyst estimates, the high estimate for the next quarter is $0.3 and the low estimate is $0.26. The average estimate for the next quarter is thus $0.28.
