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Credo Technology Group (CRDO) Competitors

Credo Technology Group logo
$44.95 -4.23 (-8.60%)
Closing price 03/26/2025 04:00 PM Eastern
Extended Trading
$44.22 -0.73 (-1.62%)
As of 03/26/2025 07:59 PM Eastern
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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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Credo Technology Group$327.53M23.30-$28.37M$0.014,495.00
Nokia Oyj$19.22B1.49$1.38B$0.2521.06

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.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Credo Technology Group
0 Sell rating(s)
0 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
3.10
Nokia Oyj
1 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.60

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.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Credo Technology Group
13 Very Positive mention(s)
4 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive
Nokia Oyj
7 Very Positive mention(s)
2 Positive mention(s)
15 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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.

Company Net Margins Return on Equity Return on Assets
Credo Technology Group-9.70% -2.94% -2.60%
Nokia Oyj 6.54%10.30%5.52%

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.

CompanyUnderperformOutperform
Credo Technology GroupOutperform Votes
59
67.05%
Underperform Votes
29
32.95%
Nokia OyjOutperform Votes
1000
61.24%
Underperform Votes
633
38.76%

Summary

Credo Technology Group beats Nokia Oyj on 10 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

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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CRDO vs. The Competition

MetricCredo Technology GroupSemiconductors & related devices IndustryComputer SectorNASDAQ Exchange
Market Cap$8.35B$51.80B$23.72B$8.13B
Dividend YieldN/A2.23%2.81%4.00%
P/E Ratio-299.6740.3942.9219.09
Price / Sales23.3048.212,061.2294.71
Price / CashN/A26.4934.6534.64
Price / Book13.586.566.294.36
Net Income-$28.37M$751.41M$736.56M$247.23M
7 Day Performance-3.31%-2.38%-0.08%-0.34%
1 Month Performance-14.54%-4.08%49,592.69%-3.60%
1 Year Performance112.03%22.00%52,545.79%2.01%

Credo Technology Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CRDO
Credo Technology Group
4.3249 of 5 stars
$44.95
-8.6%
$74.90
+66.6%
+107.5%$8.35B$327.53M-299.67380Insider Trade
NOK
Nokia Oyj
3.4169 of 5 stars
$5.33
+0.3%
$5.85
+9.9%
+48.9%$29.03B$19.22B21.3086,689Short Interest ↓
ERIC
Telefonaktiebolaget LM Ericsson (publ)
1.4767 of 5 stars
$8.20
+0.3%
$6.70
-18.2%
+50.6%$27.31B$247.88B-819,500.00105,500Positive News
ASX
ASE Technology
3.3102 of 5 stars
$9.85
+1.0%
N/A-13.4%$21.73B$595.41B21.8892,894
GFS
GlobalFoundries
2.5942 of 5 stars
$39.29
+1.7%
$49.64
+26.3%
-23.7%$21.71B$6.75B-81.9514,600Positive News
Gap Up
STM
STMicroelectronics
4.5746 of 5 stars
$24.12
+0.4%
$31.26
+29.6%
-46.3%$21.68B$13.27B14.5448,300Short Interest ↓
UI
Ubiquiti
1.8117 of 5 stars
$332.62
+5.1%
$331.00
-0.5%
+182.4%$20.12B$2.15B45.191,515Gap Up
HUBB
Hubbell
4.1162 of 5 stars
$347.16
+2.6%
$464.88
+33.9%
-16.1%$18.63B$5.63B24.1816,300Analyst Forecast
Positive News
UMC
United Microelectronics
2.87 of 5 stars
$6.78
+1.0%
$7.40
+9.2%
-16.8%$16.98B$226.87B11.6819,500
FLEX
Flex
3.9798 of 5 stars
$37.24
+2.3%
$44.33
+19.1%
+24.0%$14.27B$25.58B15.02148,000
ALAB
Astera Labs
4.1056 of 5 stars
$73.23
+3.0%
$112.77
+54.0%
-19.7%$11.87B$396.29M-42.32225Positive News
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This page (NASDAQ:CRDO) was last updated on 3/27/2025 by MarketBeat.com Staff
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