Credo Technology Group (CRDO) Competitors $39.76 -2.14 (-5.11%) (As of 11/15/2024 ET) Add Compare Share Share Competitors Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends CRDO vs. NOK, HUBB, STM, GFS, ASX, UI, UMC, FLEX, ALAB, and DRSShould you be buying Credo Technology Group stock or one of its competitors? The main competitors of Credo Technology Group include Nokia Oyj (NOK), Hubbell (HUBB), STMicroelectronics (STM), GlobalFoundries (GFS), ASE Technology (ASX), Ubiquiti (UI), United Microelectronics (UMC), Flex (FLEX), Astera Labs (ALAB), and Leonardo DRS (DRS). These companies are all part of the "electronic equipment" industry. Credo Technology Group vs. Nokia Oyj Hubbell STMicroelectronics GlobalFoundries ASE Technology Ubiquiti United Microelectronics Flex Astera Labs Leonardo DRS Credo Technology Group (NASDAQ:CRDO) and Nokia Oyj (NYSE:NOK) are both business services companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, risk, analyst recommendations, valuation, institutional ownership, profitability, community ranking, media sentiment and earnings. Does the media prefer CRDO or NOK? In the previous week, Nokia Oyj had 22 more articles in the media than Credo Technology Group. MarketBeat recorded 31 mentions for Nokia Oyj and 9 mentions for Credo Technology Group. Credo Technology Group's average media sentiment score of 0.73 beat Nokia Oyj's score of 0.35 indicating that Credo Technology Group is being referred to more favorably in the media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment Credo Technology Group 4 Very Positive mention(s) 0 Positive mention(s) 3 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Nokia Oyj 4 Very Positive mention(s) 6 Positive mention(s) 16 Neutral mention(s) 1 Negative mention(s) 0 Very Negative mention(s) Neutral Which has more volatility & risk, CRDO or NOK? Credo Technology Group has a beta of 2.19, meaning that its stock price is 119% more volatile than the S&P 500. Comparatively, Nokia Oyj has a beta of 1.12, meaning that its stock price is 12% more volatile than the S&P 500. Is CRDO or NOK more profitable? Nokia Oyj has a net margin of 2.18% compared to Credo Technology Group's net margin of -12.05%. Nokia Oyj's return on equity of 8.32% beat Credo Technology Group's return on equity.Company Net Margins Return on Equity Return on Assets Credo Technology Group-12.05% -3.74% -3.30% Nokia Oyj 2.18%8.32%4.44% Do analysts prefer CRDO or NOK? Credo Technology Group presently has a consensus target price of $36.56, indicating a potential downside of 8.06%. Nokia Oyj has a consensus target price of $4.56, indicating a potential upside of 2.30%. Given Nokia Oyj's higher possible upside, analysts plainly believe Nokia Oyj is more favorable than Credo Technology Group.Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Credo Technology Group 1 Sell rating(s) 0 Hold rating(s) 7 Buy rating(s) 1 Strong Buy rating(s) 2.89Nokia Oyj 2 Sell rating(s) 4 Hold rating(s) 3 Buy rating(s) 1 Strong Buy rating(s) 2.30 Do insiders & institutionals believe in CRDO or NOK? 80.5% of Credo Technology Group shares are owned by institutional investors. Comparatively, 5.3% of Nokia Oyj shares are owned by institutional investors. 16.0% of Credo Technology Group shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth. Which has preferable earnings & valuation, CRDO or NOK? Nokia Oyj has higher revenue and earnings than Credo Technology Group. Credo Technology Group is trading at a lower price-to-earnings ratio than Nokia Oyj, indicating that it is currently the more affordable of the two stocks. CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings RatioCredo Technology Group$217.59M30.34-$28.37M-$0.16-248.50Nokia Oyj$24.09B1.01$719.73M$0.0855.75 Does the MarketBeat Community favor CRDO or NOK? Nokia Oyj received 947 more outperform votes than Credo Technology Group when rated by MarketBeat users. However, 62.50% of users gave Credo Technology Group an outperform vote while only 61.08% of users gave Nokia Oyj an outperform vote. CompanyUnderperformOutperformCredo Technology GroupOutperform Votes4562.50% Underperform Votes2737.50% Nokia OyjOutperform Votes99261.08% Underperform Votes63238.92% SummaryNokia Oyj beats Credo Technology Group on 10 of the 18 factors compared between the two stocks. Ad Behind the MarketsUnveiled: NVIDIA’s "Secret Royalty" ProgramDid you know that there's an investment that will give you the opportunity to collect "royalties" every time Nvidia makes a chip?Click Here to learn how to get in now >>> Get Credo Technology Group News Delivered to You Automatically Sign up to receive the latest news and ratings for CRDO and its competitors with MarketBeat's FREE daily newsletter. Email Address New MarketBeat Followers Over TimeWhat are MarkeBeat Followers?This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period. Skip ChartMedia Sentiment Over TimeWhat is Media Sentiment?This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.Skip Chart CRDO vs. The Competition Export to ExcelMetricCredo Technology GroupSemiconductors & related devices IndustryBusiness SectorNASDAQ ExchangeMarket Cap$6.60B$59.41B$7.12B$8.67BDividend YieldN/A2.39%2.33%4.06%P/E Ratio-248.5035.8025.9317.06Price / Sales30.3434.99164.1771.09Price / CashN/A24.2228.0236.36Price / Book12.017.904.795.87Net Income-$28.37M$999.37M$120.67M$225.66M7 Day Performance-17.17%-6.49%10.23%-1.34%1 Month Performance7.49%-5.45%12.57%1.00%1 Year Performance124.76%6.89%35.70%25.27% Credo Technology Group Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)CRDOCredo Technology Group3.1473 of 5 stars$39.76-5.1%$36.56-8.1%+124.8%$6.60B$217.59M-248.50500Insider SellingNOKNokia Oyj1.5963 of 5 stars$4.46-0.7%$4.56+2.3%+26.2%$24.32B$24.09B55.7586,689Short Interest ↑HUBBHubbell4.005 of 5 stars$437.61-0.6%$445.56+1.8%+51.1%$23.49B$5.37B31.5318,317Analyst UpgradeInsider SellingShort Interest ↓STMSTMicroelectronics4.279 of 5 stars$25.27-3.2%$37.63+48.9%-44.3%$22.83B$14.23B10.4051,323Gap DownGFSGlobalFoundries3.3951 of 5 stars$41.29-3.4%$50.46+22.2%-26.8%$22.78B$6.77B30.8112,000ASXASE Technology3.9439 of 5 stars$9.54-0.5%N/A+12.2%$20.94B$593.73B21.2092,894Positive NewsUIUbiquiti2.4687 of 5 stars$335.14-2.3%$310.50-7.4%+189.3%$20.27B$1.93B51.881,515Dividend AnnouncementUMCUnited Microelectronics2.133 of 5 stars$6.78-1.5%$7.40+9.1%-10.8%$16.99B$7.25B10.4319,833FLEXFlex2.8788 of 5 stars$37.20-1.2%$40.83+9.8%+41.0%$14.43B$26.42B16.46148,000Short Interest ↓ALABAstera Labs1.5508 of 5 stars$86.45-2.3%$92.36+6.8%N/A$13.71B$115.79M0.00225Insider SellingDRSLeonardo DRS1.7375 of 5 stars$33.72-1.8%$32.17-4.6%+82.7%$8.92B$3.18B45.576,600Positive News Related Companies and Tools Related Companies NOK Alternatives HUBB Alternatives STM Alternatives GFS Alternatives ASX Alternatives UI Alternatives UMC Alternatives FLEX Alternatives ALAB Alternatives DRS Alternatives Top 10 Stock Comparisons Bank Stocks Artificial Intelligence Stocks Toy Stocks Growth Stocks Airline Stocks Chinese Stocks EV Charging Stocks Defense Stocks Lithium Stocks Pharmaceutical Stocks This page (NASDAQ:CRDO) was last updated on 11/17/2024 by MarketBeat.com Staff From Our PartnersBill Gates’s Next Big AI Bet: StargateIn February 2016… when almost nobody was talking about artificial intelligence…. 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