CRDO vs. VRT, LHX, NOK, ERIC, GFS, ASX, STM, HUBB, UI, and FLEX
Should you be buying Credo Technology Group stock or one of its competitors? The main competitors of Credo Technology Group include Vertiv (VRT), L3Harris Technologies (LHX), Nokia Oyj (NOK), Telefonaktiebolaget LM Ericsson (publ) (ERIC), GlobalFoundries (GFS), ASE Technology (ASX), STMicroelectronics (STM), Hubbell (HUBB), Ubiquiti (UI), and Flex (FLEX). These companies are all part of the "electronic equipment" industry.
Credo Technology Group vs.
Vertiv (NYSE:VRT) and Credo Technology Group (NASDAQ:CRDO) are both large-cap computer and technology companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, earnings, community ranking, dividends, profitability, risk, valuation, media sentiment and analyst recommendations.
89.9% of Vertiv shares are held by institutional investors. Comparatively, 80.5% of Credo Technology Group shares are held by institutional investors. 5.0% of Vertiv shares are held by company insiders. Comparatively, 16.0% of Credo Technology Group shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Vertiv received 35 more outperform votes than Credo Technology Group when rated by MarketBeat users. However, 66.67% of users gave Credo Technology Group an outperform vote while only 61.07% of users gave Vertiv an outperform vote.
In the previous week, Vertiv had 23 more articles in the media than Credo Technology Group. MarketBeat recorded 36 mentions for Vertiv and 13 mentions for Credo Technology Group. Credo Technology Group's average media sentiment score of 1.16 beat Vertiv's score of 1.14 indicating that Credo Technology Group is being referred to more favorably in the news media.
Vertiv presently has a consensus price target of $138.57, suggesting a potential upside of 44.47%. Credo Technology Group has a consensus price target of $76.40, suggesting a potential upside of 14.41%. Given Vertiv's higher probable upside, equities analysts clearly believe Vertiv is more favorable than Credo Technology Group.
Vertiv has a beta of 1.64, indicating that its stock price is 64% more volatile than the S&P 500. Comparatively, Credo Technology Group has a beta of 2.09, indicating that its stock price is 109% more volatile than the S&P 500.
Vertiv has a net margin of 6.19% compared to Credo Technology Group's net margin of -9.70%. Vertiv's return on equity of 61.41% beat Credo Technology Group's return on equity.
Vertiv has higher revenue and earnings than Credo Technology Group. Credo Technology Group is trading at a lower price-to-earnings ratio than Vertiv, indicating that it is currently the more affordable of the two stocks.
Summary
Vertiv beats Credo Technology Group on 12 of the 18 factors compared between the two stocks.
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.
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.
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.
Credo Technology Group Competitors List
Related Companies and Tools
This page (NASDAQ:CRDO) was last updated on 2/22/2025 by MarketBeat.com Staff
