CRDO

Credo Technology Group Holding Ltd

83
Fundamentals94/ 100
Valuation69/ 100
Upside potential80/ 100
Risk potential32/ 100

CRDO has the edge over LCID overall, supported by stronger fundamentals and stronger valuation.

LCID

Lucid Group, Inc.

52
Fundamentals65/ 100
Valuation50/ 100
Upside potential62/ 100
Risk potential38/ 100

LCID's outlook is improving, though it still trails on the overall score.

CRDO Fundamentals

MetricStatus
Healthy
Strong
Strong
Strong

CRDO's revenue, profitability, cash flow and balance sheet are all currently healthy.

LCID Fundamentals

MetricStatus
Healthy
Weak
Weak
Unavailable

LCID's revenue is currently healthy, but its profitability and cash flow are weak. There isn't enough data to rate its balance sheet.

CRDO PE Valuation

CHEAPFAIREXPENSIVE1606x3213x4819x6425x
CHEAPFAIREXPENSIVE1606x3213x4819x6425x
LevelPEPriceVs current
Forward17x$140—
Current49x$140—
Cheap75x$212+52%
Fair124x$353+152%
Expensive395x$1,122+703%

Historical ranges are pointers, not guarantees.

CRDO's PE is in its cheap range at 49x. If earnings grow as analysts expect, today's price would be 17x next year's earnings.

LCID PE Valuation

LCID has no meaningful PE right now: it lost money over the past year.

CRDO Forward outlook

MetricOutlook
Strongly improving
Strong growth
Strong growth
Strongly improving
Moderate
Moderate

Analysts expect strong earnings and revenue growth for CRDO, with profitability improving.

LCID Forward outlook

MetricOutlook
--
Losses shrinking
Strong growth
--
Limited
Low

Analysts expect LCID's losses to shrink, with revenue growing. However, they disagree widely on these estimates.

CRDO Risk to reward

ScenarioChangePrice
Upside+129%$319.69
Downside-32%$95.68

Calculated from the latest close: $139.81 on Nov 12.

CRDO has a better modeled risk to reward balance than LCID, with more potential upside and less potential downside.

LCID Risk to reward

ScenarioChangePrice
Upside+63%$5.30
Downside-38%$2.02

Calculated from the latest close: $3.25 on Nov 12.

LCID trails CRDO on modeled risk to reward, with less potential upside and more potential downside.

CRDO Earnings Per Share

Q4 2023: $-0.21Q1 2024: $-0.23Q2 2024: $-0.18Q3 2024: $-0.16Q4 2024: $-0.15Q1 2025: $0.01Q2 2025: $0.29Q3 2025: $0.69Q4 2025: $1.16Q1 2026: $1.82Q2 2026: $2.51Q3 2026: $2.84Forward: $8.35
Q4 2023: $-0.21Q1 2024: $-0.23Q2 2024: $-0.18Q3 2024: $-0.16Q4 2024: $-0.15Q1 2025: $0.01Q2 2025: $0.29Q3 2025: $0.69Q4 2025: $1.16Q1 2026: $1.82Q2 2026: $2.51Q3 2026: $2.84Forward: $8.35
QuarterTTM EPSYoY
Forward$8.35+194%
Q3 2026$2.84+312%
Q2 2026$2.51+766%
Q1 2026$1.82+18100%
Q4 2025$1.16+$1.31
Q3 2025$0.69+$0.85
Q2 2025$0.29+$0.47
Q1 2025$0.01+$0.24
Q4 2024-$0.15+$0.06

CRDO has the edge over LCID on earnings quality, reporting a profit while its opponent remains loss making.

LCID Earnings Per Share

Q4 2023: $-13.60Q1 2024: $-12.30Q2 2024: $-11.70Q3 2024: $-13.00Q4 2024: $-12.50Q1 2025: $-11.90Q2 2025: $-11.30Q3 2025: $-10.51Q4 2025: $-12.09Q1 2026: $-13.15Q2 2026: $-13.65Q3 2026: $-13.08
Q4 2023: $-13.60Q1 2024: $-12.30Q2 2024: $-11.70Q3 2024: $-13.00Q4 2024: $-12.50Q1 2025: $-11.90Q2 2025: $-11.30Q3 2025: $-10.51Q4 2025: $-12.09Q1 2026: $-13.15Q2 2026: $-13.65Q3 2026: $-13.08
QuarterTTM EPSYoY
Q3 2026-$13.08-$2.57
Q2 2026-$13.65-$2.35
Q1 2026-$13.15-$1.25
Q4 2025-$12.09+$0.41
Q3 2025-$10.51+$2.49
Q2 2025-$11.30+$0.40
Q1 2025-$11.90+$0.40
Q4 2024-$12.50+$1.10

LCID is still losing money, but less than at its worst: $13.08 per share over the past year, against $16.50 at its worst in mid-2023.

CRDO Quarterly Revenue

Q4 2023: $44MQ1 2024: $53MQ2 2024: $61MQ3 2024: $60MQ4 2024: $72MQ1 2025: $135MQ2 2025: $170MQ3 2025: $223MQ4 2025: $268MQ1 2026: $407MQ2 2026: $437MQ3 2026: $479M
Q4 2023: $44MQ1 2024: $53MQ2 2024: $61MQ3 2024: $60MQ4 2024: $72MQ1 2025: $135MQ2 2025: $170MQ3 2025: $223MQ4 2025: $268MQ1 2026: $407MQ2 2026: $437MQ3 2026: $479M
QuarterRevenueYoY
Q3 2026$479M+115%
Q2 2026$437M+157%
Q1 2026$407M+201%
Q4 2025$268M+272%
Q3 2025$223.1M+274%
Q2 2025$170M+180%
Q1 2025$135M+154%
Q4 2024$72M+64%

CRDO has the edge over LCID on sales, with stronger typical year-over-year growth.

LCID Quarterly Revenue

Q4 2023: $157MQ1 2024: $173MQ2 2024: $201MQ3 2024: $200MQ4 2024: $234MQ1 2025: $235MQ2 2025: $259MQ3 2025: $337MQ4 2025: $523MQ1 2026: $282MQ2 2026: $405MQ3 2026: $350M
Q4 2023: $157MQ1 2024: $173MQ2 2024: $201MQ3 2024: $200MQ4 2024: $234MQ1 2025: $235MQ2 2025: $259MQ3 2025: $337MQ4 2025: $523MQ1 2026: $282MQ2 2026: $405MQ3 2026: $350M
QuarterRevenueYoY
Q3 2026$350.3M+4.1%
Q2 2026$405.3M+56%
Q1 2026$282.5M+20%
Q4 2025$522.7M+123%
Q3 2025$336.6M+68%
Q2 2025$259.4M+29%
Q1 2025$235M+36%
Q4 2024$234.5M+49%

LCID's revenue has grown year over year for 11 quarters in a row: $350M last quarter, up 4.1% from the same quarter a year ago.

CRDO Free Cash Flow

Q4 2023: $3MQ1 2024: −$6MQ2 2024: $962,000Q3 2024: −$13MQ4 2024: −$12MQ1 2025: −$383,000Q2 2025: $54MQ3 2025: $51MQ4 2025: $38MQ1 2026: $140MQ2 2026: $177MQ3 2026: $83M
Q4 2023: $3MQ1 2024: −$6MQ2 2024: $962,000Q3 2024: −$13MQ4 2024: −$12MQ1 2025: −$383,000Q2 2025: $54MQ3 2025: $51MQ4 2025: $38MQ1 2026: $140MQ2 2026: $177MQ3 2026: $83M
QuarterFree cash flowYoY
Q3 2026$82.9M+62%
Q2 2026$177.5M+228%
Q1 2026$139.7M+$140.1M
Q4 2025$38.5M+$50.1M
Q3 2025$51.3M+$64.4M
Q2 2025$54.2M+5531%
Q1 2025-$383K+$5.8M
Q4 2024-$11.7M-494%

CRDO has the edge over LCID on cash generation, producing positive trailing cash flow while its opponent burns cash.

LCID Free Cash Flow

Q4 2023: −$747MQ1 2024: −$715MQ2 2024: −$741MQ3 2024: −$622MQ4 2024: −$825MQ1 2025: −$590MQ2 2025: −$1BQ3 2025: −$955MQ4 2025: −$1.2BQ1 2026: −$1.4BQ2 2026: −$1.5BQ3 2026: −$1B
Q4 2023: −$747MQ1 2024: −$715MQ2 2024: −$741MQ3 2024: −$622MQ4 2024: −$825MQ1 2025: −$590MQ2 2025: −$1BQ3 2025: −$955MQ4 2025: −$1.2BQ1 2026: −$1.4BQ2 2026: −$1.5BQ3 2026: −$1B
QuarterFree cash flowYoY
Q3 2026-$1B-$84.2M
Q2 2026-$1.5B-$463.2M
Q1 2026-$1.4B-$849M
Q4 2025-$1.2B-$417.1M
Q3 2025-$955.5M-$333M
Q2 2025-$1B-$271.6M
Q1 2025-$589.9M+$125.1M
Q4 2024-$824.8M-$77.6M

LCID has burned cash in almost every quarter: −$5.2B over the past year, against −$3.4B the year before.

CRDO Total Shares

Q4 2023: 150MQ1 2024: 167MQ2 2024: 155MQ3 2024: 165MQ4 2024: 166MQ1 2025: 182MQ2 2025: 181MQ3 2025: 185MQ4 2025: 188MQ1 2026: 192MQ2 2026: 188MQ3 2026: 194M
Q4 2023: 150MQ1 2024: 167MQ2 2024: 155MQ3 2024: 165MQ4 2024: 166MQ1 2025: 182MQ2 2025: 181MQ3 2025: 185MQ4 2025: 188MQ1 2026: 192MQ2 2026: 188MQ3 2026: 194M
PeriodChange %Net change
Quarterly+3.3%+6.1M shares
1 year+5.3%+9.8M shares
3 years+30%+45.1M shares
5 years+39%+54.4M shares

CRDO has the edge over LCID on shareholder dilution, with a more favorable share count trend.

LCID Total Shares

Q4 2023: 208MQ1 2024: 230MQ2 2024: 231MQ3 2024: 232MQ4 2024: 245MQ1 2025: 304MQ2 2025: 306MQ3 2025: 312MQ4 2025: 313MQ1 2026: 328MQ2 2026: 382MQ3 2026: 395M
Q4 2023: 208MQ1 2024: 230MQ2 2024: 231MQ3 2024: 232MQ4 2024: 245MQ1 2025: 304MQ2 2025: 306MQ3 2025: 312MQ4 2025: 313MQ1 2026: 328MQ2 2026: 382MQ3 2026: 395M
PeriodChange %Net change
Quarterly+3.3%+12.5M shares
1 year+26%+82.4M shares
3 years+73%+166M shares

LCID has 395M diluted shares, up 26% from a year ago.

CRDO Net Leverage

Q1 2025: -22.2xQ2 2025: -4.0xQ3 2025: -1.6xQ4 2025: -2.5xQ1 2026: -3.5xQ2 2026: -2.4xQ3 2026: -0.9x
Q1 2025: -22.2xQ2 2025: -4.0xQ3 2025: -1.6xQ4 2025: -2.5xQ1 2026: -3.5xQ2 2026: -2.4xQ3 2026: -0.9x
QuarterNet LeverageStatus
Q3 2026-0.9xNet Cash
Q2 2026-2.4xNet Cash
Q1 2026-3.5xNet Cash
Q4 2025-2.5xNet Cash
Q3 2025-1.6xNet Cash
Q2 2025-4.0xNet Cash
Q1 2025-22.2xNet Cash

CRDO has more cash than debt.

LCID Net Leverage

LCID's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.

CRDO Weekly Momentum

MetricValueStatus
RSI42.0Neutral
Stochastic9.2Oversold

CRDO's weekly RSI is 42 (neutral) and its Stochastic is 9 (oversold).

LCID Weekly Momentum

MetricValueStatus
RSI32.9Neutral
Stochastic7.1Oversold

LCID's weekly RSI is 33 (neutral) and its Stochastic is 7 (oversold).

CRDO PE vs Technology Sector

MetricCRDOSector medianRelative
PE49x28x77% above
PE %14847 pts below

CRDO is trading at 49x earnings, a 77% premium to the Technology sector's median of 28x.

LCID PE vs Consumer Cyclical Sector

LCID has no meaningful PE right now: it lost money over the past year.

CRDO Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$171.819% below
20 week MA$199.030% below
50 week MA$174.720% below
100 week MA$134.34.1% above
200 week MA$78.279% above

CRDO has the edge over LCID on trend strength, trading above more of its moving averages.

LCID Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$3.537.9% below
20 week MA$4.8833% below
50 week MA$7.3356% below
100 week MA$15.479% below
200 week MA$31.990% below

LCID is in a downtrend: it's below all five of its weekly moving averages, and 90% below its 200-week average.

CRDO Yearly ROI

YearStart priceEnd priceROI
2022$11.2$13.0+16%
2023$13.0$19.5+50%
2024$19.5$69.3+256%
2025$69.3$144.8+109%
2026 YTD$144.8$139.8-3.5%

CRDO has the edge over LCID on returns for 2026, with the stronger performance.

LCID Yearly ROI

YearStart priceEnd priceROI
2020$98.9$100.4+1.5%
2021$100.4$376.4+275%
2022$376.4$67.0-82%
2023$67.0$42.1-37%
2024$42.1$32.0-24%
2025$32.0$11.4-64%
2026 YTD$11.4$3.25-72%

LCID has finished four years in a row lower, and it's down 72% so far in 2026.

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