CRDO vs. CRWV: Credo vs. CoreWeave Stock Comparison

November 11, 2026

How do Credo (CRDO) and CoreWeave (CRWV) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Credo (CRDO) and CoreWeave (CRWV) share the Information Technology sector but sit in different industry groups — CRDO in Semiconductors & Semiconductor Equipment and CRWV in Software & Services.

Company profile comparison for Credo (CRDO) and CoreWeave (CRWV)
Profile Item	CRDO	CRWV
Name	Credo Technology Group Holding Ltd	CoreWeave Inc. Class A Common Stock
Country/Region	Cayman Islands	United States
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Semiconductors & Semiconductor Equipment	Software & Services
GICS Industry	Semiconductors & Semiconductor Equipment	IT Services
GICS Sub-Industry	Semiconductors	Internet Services & Infrastructure
Market Capitalization	22.65 billion USD	25.59 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	January 27, 2022	March 28, 2025
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

CRDO

CRWV

GSPC

Credo (CRDO) vs. CoreWeave (CRWV), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Credo (CRDO) and CoreWeave (CRWV). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Credo (CRDO) and CoreWeave (CRWV). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Credo (CRDO) and CoreWeave (CRWV)
Metric	CRDO	CRWV
Total Return (1Y)	-17.42%	-52.69%
Total Return (3Y, Annualized)	107.84%	--
Total Return (5Y, Annualized)	--	--

Risk Profile

Drawdown History

CRDO

CRWV

GSPC

Credo (CRDO) vs. CoreWeave (CRWV), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Credo (CRDO) and CoreWeave (CRWV). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Credo (CRDO) and CoreWeave (CRWV)
Metric	CRDO	CRWV
Volatility (1Y, Annualized)	98.54%	98.61%
Beta (5Y)	3.31	7.43
Max Drawdown (5Y)	-62.87%	-76.22%
Avg. Volume (3M)	8.02M	40.98M

Risk-Adjusted Performance

Risk-Return Positioning

CRDO and CRWV are plotted by 1-year volatility (risk) and 1-year return. Each dashed Capital Allocation Line uses that stock's own industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Credo (CRDO) and CoreWeave (CRWV)
Metric	CRDO	CRWV
Sharpe Ratio (1Y)	-0.22	-0.58
Sortino Ratio (1Y)	-0.32	-0.86

Profitability

ROE (TTM)

CoreWeave (CRWV) reports a negative ROE of -43.60%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Credo (CRDO) reports 30.67%, ranking against industry peers normally.

CRDO

Semiconductors & Semiconductor Equipment industry group

30.67%

Max: 52.82%
CRDO: 30.67%
Q3: 22.26%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

CRWV

Software & Services industry group

-43.60%

Max: 53.85%
Q3: 17.90%
Median: 6.59%
Q1: -9.59%
CRWV: -43.60%
Min: -50.52%

Credo (CRDO) vs. CoreWeave (CRWV): A comparison of their ROE against their respective Semiconductors & Semiconductor Equipment and Software & Services industry group benchmarks.

Net Margin (TTM)

CoreWeave (CRWV) reports a negative net margin of -25.40%, usually indicating a net loss over the period. Meanwhile Credo (CRDO) reports 33.83%, ranking against industry peers normally.

CRDO

Semiconductors & Semiconductor Equipment industry group

33.83%

Max: 63.80%
CRDO: 33.83%
Q3: 28.36%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

CRWV

Software & Services industry group

-25.40%

Max: 41.17%
Q3: 15.28%
Median: 4.63%
Q1: -5.42%
CRWV: -25.40%
Min: -33.17%

Credo (CRDO) vs. CoreWeave (CRWV): A comparison of their net margin against their respective Semiconductors & Semiconductor Equipment and Software & Services industry group benchmarks.

Operating Margin (TTM)

CoreWeave (CRWV) reports a negative operating margin of -1.90%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Credo (CRDO) reports 25.20%, ranking against industry peers normally.

CRDO

Semiconductors & Semiconductor Equipment industry group

25.20%

Max: 58.66%
Q3: 30.23%
CRDO: 25.20%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

CRWV

Software & Services industry group

-1.90%

Max: 46.89%
Q3: 17.64%
Median: 8.73%
CRWV: -1.90%
Q1: -2.13%
Min: -30.45%

Credo (CRDO) vs. CoreWeave (CRWV): A comparison of their operating margin against their respective Semiconductors & Semiconductor Equipment and Software & Services industry group benchmarks.

Profitability Metrics

Profitability metrics for Credo (CRDO) and CoreWeave (CRWV)
Metric	CRDO	CRWV
ROE (TTM)	30.67%	-43.60%
ROA (TTM)	16.11%	-0.24%
Net Margin (TTM)	33.83%	-25.40%
Operating Margin (TTM)	25.20%	-1.90%
Gross Margin (TTM)	67.07%	67.42%

Growth

Revenue Growth

Both Credo (CRDO) at 205.68% and CoreWeave (CRWV) at 167.94% are expanding revenue faster than their entire industry benchmark ranges for revenue growth — exceptional top-line momentum on both sides, though growth that far above the peer range is worth checking for one-off boosts such as acquisitions.

Credo (CRDO) vs. CoreWeave (CRWV): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Credo (CRDO) reports EPS growth of 765.52%, ranked against its industry; CoreWeave (CRWV) has no EPS growth figure this period.

Credo (CRDO) vs. CoreWeave (CRWV): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Credo (CRDO) and CoreWeave (CRWV)
Metric	CRDO	CRWV
Revenue Growth (YoY)	205.68%	167.94%
Revenue Growth (3Y CAGR)	93.53%	586.92%
EPS Growth (YoY)	765.52%	--
EPS Growth (3Y CAGR)	--	--

Financial Strength

Current Ratio (MRQ)

Credo (CRDO) at 7.40 carries current ratio above its industry’s typical mid-range, while CoreWeave (CRWV) at 0.46 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

CRDO

Semiconductors & Semiconductor Equipment industry group

7.40

Max: 10.33
CRDO: 7.40
Q3: 5.62
Median: 3.33
Q1: 2.35
Min: 1.03

CRWV

Software & Services industry group

0.46

Max: 5.11
Q3: 2.77
Median: 1.67
Q1: 1.01
CRWV: 0.46
Min: 0.03

Credo (CRDO) vs. CoreWeave (CRWV): A comparison of their current ratio against their respective Semiconductors & Semiconductor Equipment and Software & Services industry group benchmarks.

Debt / Equity (MRQ)

Credo (CRDO) at 0.01 keeps leverage in the lower quartile, while CoreWeave (CRWV) at 10.27 is above its industry debt-to-equity ratio range.

CRDO

Semiconductors & Semiconductor Equipment industry group

0.01

Max: 1.46
Q3: 0.65
Median: 0.27
Q1: 0.04
CRDO: 0.01
Min: 0.00

CRWV

Software & Services industry group

10.27

CRWV: 10.27
Max: 2.52
Q3: 1.13
Median: 0.40
Q1: 0.07
Min: 0.00

Credo (CRDO) vs. CoreWeave (CRWV): A comparison of their debt-to-equity ratio against their respective Semiconductors & Semiconductor Equipment and Software & Services industry group benchmarks.

Financial Strength Metrics

Financial strength metrics for Credo (CRDO) and CoreWeave (CRWV)
Metric	CRDO	CRWV
Current Ratio (MRQ)	7.40	0.46
Debt / Equity (MRQ)	0.01	10.27
Net Debt / EBITDA	-1.36	12.16

Dividends

Dividend Yield (TTM)

Neither Credo (CRDO) nor CoreWeave (CRWV) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

CRDO

Semiconductors & Semiconductor Equipment industry group

0.00%

Max: 1.37%
Q3: 0.65%
CRDO: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

CRWV

Software & Services industry group

0.00%

CRWV: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Credo (CRDO) vs. CoreWeave (CRWV): A comparison of their dividend yield against their respective Semiconductors & Semiconductor Equipment and Software & Services industry group benchmarks.

Dividend Payout Ratio (TTM)

Neither Credo (CRDO) nor CoreWeave (CRWV) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

CRDO

Semiconductors & Semiconductor Equipment industry group

0.00%

Max: 49.64%
Q3: 21.71%
CRDO: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

CRWV

Software & Services industry group

0.00%

CRWV: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Credo (CRDO) vs. CoreWeave (CRWV): A comparison of their payout ratio against their respective Semiconductors & Semiconductor Equipment and Software & Services industry group benchmarks.

Dividend Metrics

Dividend metrics for Credo (CRDO) and CoreWeave (CRWV)
Metric	CRDO	CRWV
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Credo (CRDO) trades at 42.73 times trailing earnings, ranked against its peers, while CoreWeave (CRWV) has no P/E ratio this period.

CRDO

Semiconductors & Semiconductor Equipment industry group

42.73

Max: 110.34
Q3: 66.81
CRDO: 42.73
Median: 37.02
Q1: 23.96
Min: 8.12

CRWV

Software & Services industry group

Max: 112.94
Q3: 60.32
Median: 32.91
Q1: 18.77
Min: 6.69
CRWV: --

Credo (CRDO) vs. CoreWeave (CRWV): CRWV does not report P/E ratio, so it has no value marker; CRDO is benchmarked against the Semiconductors & Semiconductor Equipment industry group.

P/S Ratio (TTM)

CoreWeave (CRWV) at 3.37 is priced about in line with its industry on P/S ratio, while Credo (CRDO) at 14.24 sits in the pricier quartile — CRDO costs more per dollar of sales.

CRDO

Semiconductors & Semiconductor Equipment industry group

14.24

Max: 21.42
CRDO: 14.24
Q3: 12.27
Median: 5.76
Q1: 2.73
Min: 0.00

CRWV

Software & Services industry group

3.37

Max: 17.91
Q3: 8.78
Median: 4.25
CRWV: 3.37
Q1: 2.23
Min: 0.02

Credo (CRDO) vs. CoreWeave (CRWV): A comparison of their P/S ratio against their respective Semiconductors & Semiconductor Equipment and Software & Services industry group benchmarks.

P/B Ratio (MRQ)

CoreWeave (CRWV) at 5.09 is valued about in line with its industry on P/B ratio, while Credo (CRDO) at 8.29 carries an above-peer premium to book — CRDO is pricier on assets.

CRDO

Semiconductors & Semiconductor Equipment industry group

8.29

Max: 14.06
CRDO: 8.29
Q3: 7.44
Median: 4.29
Q1: 2.30
Min: 0.20

CRWV

Software & Services industry group

5.09

Max: 16.63
Q3: 8.50
CRWV: 5.09
Median: 4.30
Q1: 1.92
Min: -3.90

Credo (CRDO) vs. CoreWeave (CRWV): A comparison of their P/B ratio against their respective Semiconductors & Semiconductor Equipment and Software & Services industry group benchmarks.

Valuation Metrics

Valuation metrics for Credo (CRDO) and CoreWeave (CRWV)
Metric	CRDO	CRWV
P/E Ratio (TTM)	42.73	--
P/S Ratio (TTM)	14.24	3.37
P/B Ratio (MRQ)	8.29	5.09
Free Cash Flow Yield (TTM)	1.10%	-35.51%