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Credo Technology Group (CRDO) Competitors

Credo Technology Group logo
$39.18 +0.08 (+0.20%)
Closing price 04:00 PM Eastern
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$37.62 -1.56 (-3.98%)
As of 07:59 PM Eastern
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CRDO vs. ERIC, GFS, UI, HUBB, STM, ASX, UMC, FLEX, ALAB, and CLS

Should you be buying Credo Technology Group stock or one of its competitors? The main competitors of Credo Technology Group include Telefonaktiebolaget LM Ericsson (publ) (ERIC), GlobalFoundries (GFS), Ubiquiti (UI), Hubbell (HUBB), STMicroelectronics (STM), ASE Technology (ASX), United Microelectronics (UMC), Flex (FLEX), Astera Labs (ALAB), and Celestica (CLS). These companies are all part of the "electronic equipment" industry.

Credo Technology Group vs.

Credo Technology Group (NASDAQ:CRDO) and Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) are both computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, earnings, dividends, institutional ownership, valuation, community ranking, risk, media sentiment and profitability.

Credo Technology Group has a beta of 2.3, suggesting that its stock price is 130% more volatile than the S&P 500. Comparatively, Telefonaktiebolaget LM Ericsson (publ) has a beta of 0.92, suggesting that its stock price is 8% less volatile than the S&P 500.

Telefonaktiebolaget LM Ericsson (publ) has higher revenue and earnings than Credo Technology Group. Telefonaktiebolaget LM Ericsson (publ) 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$327.53M20.30-$28.37M$0.013,916.00
Telefonaktiebolaget LM Ericsson (publ)$247.88B0.11$1.89M-$0.00-804,000.00

Telefonaktiebolaget LM Ericsson (publ) has a net margin of 0.06% compared to Credo Technology Group's net margin of -9.70%. Telefonaktiebolaget LM Ericsson (publ)'s return on equity of 13.70% 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%
Telefonaktiebolaget LM Ericsson (publ) 0.06%13.70%4.42%

80.5% of Credo Technology Group shares are held by institutional investors. Comparatively, 8.0% of Telefonaktiebolaget LM Ericsson (publ) shares are held by institutional investors. 16.0% of Credo Technology Group shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Telefonaktiebolaget LM Ericsson (publ) received 580 more outperform votes than Credo Technology Group when rated by MarketBeat users. However, 67.42% of users gave Credo Technology Group an outperform vote while only 57.76% of users gave Telefonaktiebolaget LM Ericsson (publ) an outperform vote.

CompanyUnderperformOutperform
Credo Technology GroupOutperform Votes
60
67.42%
Underperform Votes
29
32.58%
Telefonaktiebolaget LM Ericsson (publ)Outperform Votes
640
57.76%
Underperform Votes
468
42.24%

Credo Technology Group currently has a consensus target price of $74.60, indicating a potential upside of 90.50%. Telefonaktiebolaget LM Ericsson (publ) has a consensus target price of $9.80, indicating a potential upside of 21.89%. Given Credo Technology Group's stronger consensus rating and higher possible upside, analysts clearly believe Credo Technology Group is more favorable than Telefonaktiebolaget LM Ericsson (publ).

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
Telefonaktiebolaget LM Ericsson (publ)
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

In the previous week, Credo Technology Group had 6 more articles in the media than Telefonaktiebolaget LM Ericsson (publ). MarketBeat recorded 21 mentions for Credo Technology Group and 15 mentions for Telefonaktiebolaget LM Ericsson (publ). Credo Technology Group's average media sentiment score of 0.91 beat Telefonaktiebolaget LM Ericsson (publ)'s score of 0.70 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
11 Very Positive mention(s)
5 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Telefonaktiebolaget LM Ericsson (publ)
6 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Credo Technology Group beats Telefonaktiebolaget LM Ericsson (publ) on 13 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$6.65B$48.58B$22.09B$7.56B
Dividend YieldN/A2.86%3.00%4.33%
P/E Ratio-261.0734.6039.5817.81
Price / Sales20.3083.121,987.1393.59
Price / CashN/A26.4934.6334.64
Price / Book11.835.795.773.99
Net Income-$28.37M$751.41M$736.68M$247.23M
7 Day Performance10.93%9.90%5.76%7.24%
1 Month Performance-20.33%-15.14%-5.49%-6.26%
1 Year Performance101.44%-1.12%52,740.74%-0.18%

Credo Technology Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CRDO
Credo Technology Group
4.0665 of 5 stars
$39.18
+0.2%
$74.60
+90.4%
+82.4%$6.65B$327.53M-261.20380Insider Trade
ERIC
Telefonaktiebolaget LM Ericsson (publ)
1.9867 of 5 stars
$6.95
-0.2%
$6.70
-3.6%
+52.4%$23.08B$247.88B-692,500.00105,500Options Volume
News Coverage
Gap Down
GFS
GlobalFoundries
3.9338 of 5 stars
$33.19
+5.2%
$49.64
+49.6%
-31.8%$18.16B$6.75B-68.4314,600News Coverage
Gap Up
UI
Ubiquiti
1.7661 of 5 stars
$282.76
+3.4%
$331.00
+17.1%
+186.8%$17.11B$2.15B38.421,515Gap Down
HUBB
Hubbell
4.2241 of 5 stars
$317.74
+0.6%
$462.13
+45.4%
-12.9%$17.07B$5.63B22.1516,300
STM
STMicroelectronics
4.1644 of 5 stars
$18.97
+2.6%
$31.26
+64.8%
-50.2%$17.06B$13.27B11.4448,300High Trading Volume
ASX
ASE Technology
3.4095 of 5 stars
$7.61
-0.8%
N/A-24.2%$16.83B$595.41B16.9497,800Short Interest ↓
UMC
United Microelectronics
3.0646 of 5 stars
$6.19
-0.7%
$7.40
+19.6%
-13.4%$15.53B$232.30B10.6919,500
FLEX
Flex
3.4632 of 5 stars
$28.11
+5.3%
$44.33
+57.7%
+8.0%$10.65B$25.58B11.21148,000Short Interest ↑
Gap Down
ALAB
Astera Labs
4.1088 of 5 stars
$55.50
+4.8%
$112.77
+103.2%
-18.3%$8.88B$396.29M-31.66225Analyst Forecast
Positive News
CLS
Celestica
4.29 of 5 stars
$70.52
+6.6%
$110.83
+57.2%
+80.9%$8.19B$9.65B18.8723,900Analyst Forecast
Positive News
High Trading Volume
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This page (NASDAQ:CRDO) was last updated on 4/15/2025 by MarketBeat.com Staff
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