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CRDO

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Analysis and statistics

  • Open
    106.6991$
  • Previous Close
    110.8204$
  • 52 Week Change
    104.48$
  • Day Range
    -4.12$
  • 52 Week High/Low
    24.08$ - 128.56$
  • Dividend Per Share
    --
  • Market cap
    18 192 M$
  • EPS
    0.35
  • Beta
    2.589
  • Volume
    --

About

Credo Technology Group Holding Ltd (CRDO.US) is a provider of high-speed connectivity solutions that deliver the bandwidth for next-generation infrastructure platforms. Their products are primarily integrated circuits (ICs), or chips, that enable faster data transmission in data centers, networking, and other high-performance computing applications. Credo focuses on providing connectivity solutions optimized for low power and high performance, catering to the growing demands of artificial intelligence, machine learning, and cloud computing.

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Factors

Company Performance: CRDO.US's revenue, earnings, and growth prospects significantly impact its stock price. Strong financial results typically lead to price increases.

Industry Trends: The overall health and outlook of the cloud computing and data analytics industries influence CRDO.US's valuation. Positive trends can boost investor confidence.

Market Sentiment: General investor mood and risk appetite affect stock prices. Positive market sentiment can drive CRDO.US higher, while negative sentiment can lead to declines.

Competitive Landscape: Actions and performance of CRDO.US's competitors impact its market share and perceived value. Increased competition may pressure the stock price.

Economic Conditions: Macroeconomic factors like interest rates, inflation, and GDP growth can influence investor sentiment and corporate performance, thus impacting CRDO.US's stock.

Regulatory Environment: Changes in regulations related to data privacy, cloud computing, or other relevant areas can affect CRDO.US's business model and profitability, impacting its stock price.

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