Contrasting Credo Technology Group (NASDAQ:CRDO) & Alphawave IP Group (OTCMKTS:AWEVF)

Credo Technology Group (NASDAQ:CRDO) and Alphawave IP Group (OTCMKTS:AWEVF) are both computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their institutional ownership, valuation, dividends, earnings, analyst recommendations, profitability and risk.

Analyst Recommendations

This is a summary of recent ratings for Credo Technology Group and Alphawave IP Group, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Credo Technology Group	1	0	7	1	2.89
Alphawave IP Group	0	0	0	0	N/A

Credo Technology Group presently has a consensus target price of $34.22, suggesting a potential downside of 10.55%. Given Credo Technology Group’s higher probable upside, equities research analysts clearly believe Credo Technology Group is more favorable than Alphawave IP Group.

Profitability

This table compares Credo Technology Group and Alphawave IP Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Credo Technology Group	-12.05%	-3.74%	-3.30%
Alphawave IP Group	N/A	N/A	N/A

Institutional and Insider Ownership

80.5% of Credo Technology Group shares are owned by institutional investors. 23.9% of Credo Technology Group shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Earnings and Valuation

This table compares Credo Technology Group and Alphawave IP Group”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Credo Technology Group	$217.59 million	29.05	-$28.37 million	($0.18)	-212.56
Alphawave IP Group	N/A	N/A	N/A	N/A	N/A

Alphawave IP Group has lower revenue, but higher earnings than Credo Technology Group.

Summary

Credo Technology Group beats Alphawave IP Group on 6 of the 9 factors compared between the two stocks.

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.

About Alphawave IP Group

Alphawave IP Group plc designs, develops, and sells connectivity solutions. The company offers connectivity, integrated products, and chiplet IP products. It serves the data center, artificial intelligence, 5G wireless infrastructure, data networking, autonomous vehicles, and solid-state storage end markets in North America, the Asia Pacific, Europe, and the United Kingdom. Alphawave IP Group plc was founded in 2017 and is headquartered in London, the United Kingdom.