CRDO vs. NOK, ERIC, ASX, GFS, STM, UI, HUBB, UMC, FLEX, and ALAB
Should you be buying Credo Technology Group stock or one of its competitors? The main competitors of Credo Technology Group include Nokia Oyj (NOK), Telefonaktiebolaget LM Ericsson (publ) (ERIC), ASE Technology (ASX), GlobalFoundries (GFS), STMicroelectronics (STM), Ubiquiti (UI), Hubbell (HUBB), United Microelectronics (UMC), Flex (FLEX), and Astera Labs (ALAB). These companies are all part of the "electronic equipment" industry.
Credo Technology Group vs.
Credo Technology Group (NASDAQ:CRDO) and Nokia Oyj (NYSE:NOK) are both computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their risk, media sentiment, institutional ownership, valuation, dividends, analyst recommendations, earnings, profitability and community ranking.
80.5% of Credo Technology Group shares are held by institutional investors. Comparatively, 5.3% of Nokia Oyj shares are held by institutional investors. 16.0% of Credo Technology Group shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Nokia Oyj has higher revenue and earnings than Credo Technology Group. Nokia Oyj is trading at a lower price-to-earnings ratio than Credo Technology Group, indicating that it is currently the more affordable of the two stocks.
Credo Technology Group currently has a consensus price target of $74.90, indicating a potential upside of 66.63%. Nokia Oyj has a consensus price target of $5.85, indicating a potential upside of 11.11%. Given Credo Technology Group's stronger consensus rating and higher possible upside, equities analysts plainly believe Credo Technology Group is more favorable than Nokia Oyj.
In the previous week, Nokia Oyj had 4 more articles in the media than Credo Technology Group. MarketBeat recorded 25 mentions for Nokia Oyj and 21 mentions for Credo Technology Group. Credo Technology Group's average media sentiment score of 0.96 beat Nokia Oyj's score of 0.53 indicating that Credo Technology Group is being referred to more favorably in the media.
Credo Technology Group has a beta of 2.16, indicating that its stock price is 116% more volatile than the S&P 500. Comparatively, Nokia Oyj has a beta of 1.11, indicating that its stock price is 11% more volatile than the S&P 500.
Nokia Oyj has a net margin of 6.54% compared to Credo Technology Group's net margin of -9.70%. Nokia Oyj's return on equity of 10.30% beat Credo Technology Group's return on equity.
Nokia Oyj received 941 more outperform votes than Credo Technology Group when rated by MarketBeat users. However, 67.05% of users gave Credo Technology Group an outperform vote while only 61.24% of users gave Nokia Oyj an outperform vote.
Summary
Credo Technology Group beats Nokia Oyj on 10 of the 19 factors compared between the two stocks.
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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.
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This page (NASDAQ:CRDO) was last updated on 3/27/2025 by MarketBeat.com Staff