Credo Technology Group (CRDO) Competitors

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.

Do institutionals and insiders hold more shares of CRDO or NOK?

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.

Which has better earnings & valuation, CRDO or NOK?

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.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Credo Technology Group	$327.53M	23.30	-$28.37M	$0.01	4,495.00
Nokia Oyj	$19.22B	1.49	$1.38B	$0.25	21.06

Do analysts rate CRDO or NOK?

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

Does the media favor CRDO or NOK?

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

Which has more risk & volatility, CRDO or NOK?

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.

Is CRDO or NOK more profitable?

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%

Does the MarketBeat Community believe in CRDO or NOK?

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.

Company	Underperform	Outperform
Credo Technology Group	Outperform Votes 59 67.05%	Underperform Votes 29 32.95%
Nokia Oyj	Outperform 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.