Head to Head Analysis: Credo Technology Group (NASDAQ:CRDO) versus Mobix Labs (NASDAQ:MOBX)
by Scott Moore · The Cerbat GemMobix Labs (NASDAQ:MOBX – Get Free Report) and Credo Technology Group (NASDAQ:CRDO – Get Free Report) are both computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, risk, valuation, analyst recommendations, earnings, institutional ownership and profitability.
Risk and Volatility
Mobix Labs has a beta of -0.62, suggesting that its stock price is 162% less volatile than the S&P 500. Comparatively, Credo Technology Group has a beta of 2.72, suggesting that its stock price is 172% more volatile than the S&P 500.
Analyst Ratings
This is a summary of current ratings and recommmendations for Mobix Labs and Credo Technology Group, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Mobix Labs | 1 | 0 | 0 | 0 | 1.00 |
| Credo Technology Group | 0 | 3 | 14 | 1 | 2.89 |
Credo Technology Group has a consensus price target of $207.81, suggesting a potential upside of 13.36%. Given Credo Technology Group’s stronger consensus rating and higher possible upside, analysts plainly believe Credo Technology Group is more favorable than Mobix Labs.
Valuation and Earnings
This table compares Mobix Labs and Credo Technology Group”s revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Mobix Labs | $8.62 million | 3.67 | -$46.13 million | ($6.80) | -0.45 |
| Credo Technology Group | $1.07 billion | 31.66 | $52.18 million | $1.80 | 101.84 |
Credo Technology Group has higher revenue and earnings than Mobix Labs. Mobix Labs 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.
Insider and Institutional Ownership
8.6% of Mobix Labs shares are held by institutional investors. Comparatively, 80.5% of Credo Technology Group shares are held by institutional investors. 16.7% of Mobix Labs shares are held by insiders. Comparatively, 11.8% of Credo Technology Group shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Profitability
This table compares Mobix Labs and Credo Technology Group’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Mobix Labs | -289.21% | -2,857.36% | -103.36% |
| Credo Technology Group | 31.81% | 29.63% | 26.20% |
Summary
Credo Technology Group beats Mobix Labs on 14 of the 15 factors compared between the two stocks.
About Mobix Labs
Mobix Labs, Inc., a fabless semiconductor company, provides wireless and connectivity solutions for next generation communication systems, including C-Band and mmWave 5G and high bandwidth cable applications. Its products include True5G chipset solutions; true xero active optical cables and related products designed to deliver fiber optic connectivity for a range of applications, including 5G infrastructure, autonomous vehicles, Pro A/V, AR/VR, remote medical systems, and others; electromagnetic interference filters deployed in aerospace, military, defense, medical, and healthcare products. The company was incorporated in 2020 and is based in Irvine, California. Mobix Labs, Inc. operates as a subsidiary of YDENS HOLDINGS, LLC.
About Credo Technology Group
Credo Technology Group Holding Ltd provides various high-speed connectivity Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally. Its products include HiWire active electrical cables, optical digital signal processors, low-power line card PHY, serializer/deserializer (SerDes) chiplets, and SerDes IP, as well as integrated circuits, active electrical cables. The company also offers intellectual property solutions consist of SerDes IP licensing. It sells its products to hyperscalers, original equipment manufacturers, original design manufacturers and optical module manufacturers, as well as into the enterprise and HPC markets. The company was founded in 2008 and is based in Grand Cayman, Cayman Islands.