Credo Technology Net Worth

Credo Technology Net Worth Analysis

Credo Technology Target Price Consensus

Credo Technology Target Price Projection

Credo Technology's current and average target prices are 52.60 and 75.46, respectively. The current price of Credo Technology is the price at which Credo Technology Group is currently trading. On the other hand, Credo Technology's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Credo Technology Group and the information provided on this page.

Know Credo Technology's Top Institutional Investors

Note, although Credo Technology's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Credo Technology's market capitalization trends

The company currently falls under 'Large-Cap' category with a current market capitalization of 10.25 B.

Project Credo Technology's profitablity

The company has Profit Margin (PM) of (0.1) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.12) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.12.

Earnings View

Profitability View

Liquidity View

Fundamentals View

Competition View

Evaluate Credo Technology's management efficiency

Credo Technology has return on total asset (ROA) of (0.043) % which means that it has lost $0.043 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0519) %, meaning that it created substantial loss on money invested by shareholders. Credo Technology's management efficiency ratios could be used to measure how well Credo Technology manages its routine affairs as well as how well it operates its assets and liabilities. As of the 27th of February 2025, Return On Tangible Assets is likely to drop to -0.06. In addition to that, Return On Capital Employed is likely to drop to -0.06. At this time, Credo Technology's Net Tangible Assets are very stable compared to the past year. As of the 27th of February 2025, Non Currrent Assets Other is likely to grow to about 18 M, while Total Assets are likely to drop about 360.5 M.

Credo Technology Corporate Filings

Credo Technology time-series forecasting models is one of many Credo Technology's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Credo Technology's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Credo Technology Earnings Estimation Breakdown

The calculation of Credo Technology's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Credo Technology is estimated to be 0.1831 with the future projection ranging from a low of 0.18 to a high of 0.19. Please be aware that this consensus of annual earnings estimates for Credo Technology Group is based on EPS before non-recurring items and includes expenses related to employee stock options.

Credo Technology Earnings Projection Consensus

Credo Technology Earnings History

Earnings estimate consensus by Credo Technology analysts from Wall Street is used by the market to judge Credo Technology's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Credo Technology's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods. As of the 27th of February 2025, Retained Earnings is likely to drop to about (127.9 M). In addition to that, Retained Earnings Total Equity is likely to drop to about (101.1 M) As of the 27th of February 2025, Common Stock Shares Outstanding is likely to drop to about 147.4 M. In addition to that, Net Loss is likely to drop to about (20 M).

Hype Prediction Low Estimated High 53.32 62.16 71.00 Details

Intrinsic Valuation Low Real High 59.23 68.07 76.91 Details

Naive Forecast Low Next High 48.71 57.55 66.39 Details

13 Analysts Consensus Low Target High 68.67 75.46 83.76 Details

Note that many institutional investors and large investment bankers can move markets due to the volume of Credo assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Credo Technology. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Credo Technology's stock price in the short term.

Credo Technology Earnings per Share Projection vs Actual

Actual Earning per Share of Credo Technology refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Credo Technology Group predict the company's earnings will be in the future. The higher the earnings per share of Credo Technology, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Credo Technology Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Credo Technology, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Credo Technology should always be considered in relation to other companies to make a more educated investment decision.

Credo Quarterly Analyst Estimates and Surprise Metrics

Credo Technology Corporate Management

When determining whether Credo Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Credo Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Credo Technology Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Credo Technology Group Stock:

How To Invest In Credo Details

Is Credo Stock a good investment? Details

What is Credo Technology's Net Worth? Details

Largest Semiconductors & Semiconductor Equipment Companies View

Largest Information Technology Companies View

Altman Z Score Details

Piotroski F Score Details

Beneish M Score Details

Financial Analysis Details

Buy or Sell Advice Details

Earnings Projections Details