Credo Technology Group Hits New 52-Week High of $176.70

Credo Technology Group Holding has reached a significant milestone by hitting a new 52-week high of USD 176.70 on September 18, 2025. This achievement underscores the company's robust performance in the Computers - Software & Consulting industry, where it holds a market capitalization of USD 25,522 million, categorizing it as a mid-cap stock.
The company has demonstrated impressive financial metrics, including a remarkable net profit growth of 73.28% reported in April 2025, and has consistently delivered positive results for five consecutive quarters. Credo's operating cash flow reached its highest at USD 65.07 million, while its return on equity stands at 16.12%. The stock has generated an extraordinary return of 483.33% over the past year, with profits soaring by 292.1%.

Additionally, Credo boasts a high institutional ownership of 86.43%, reflecting confidence from sophisticated investors. The stock's price-to-book ratio is 32.66, indicating a strong valuation in the current market landscape. As it continues to outperform the S&P 500 over the past three years, Credo Technology Group Holding remains a notable player in its sector.