Stifel cuts target for Credo Technology stock to USD 310
Stifel Nicolaus has lowered its price target for Credo Technology (CRDO) stock from $350.00 to $310.00, while maintaining a Buy rating. This adjustment comes despite Credo reporting strong revenue growth of $479.00 million in fiscal 2027's first quarter, exceeding consensus estimates, and anticipating over $600.00 million in optical revenue for the full fiscal year. The report highlights Credo's broad connectivity offerings and expected contributions from various optical products, but also notes the intensified valuation debate and customer concentration risks, with the two largest customers accounting for 61% of revenue.
Credo Stock at a Premium Valuation: Opportunity or Stay Cautious?
Credo Technology Group Holding Ltd. (CRDO) is trading at a premium valuation, raising questions for investors despite its strong revenue growth, especially in active electrical cables (AECs) and a burgeoning optical portfolio driven by AI infrastructure buildout. While the company demonstrates impressive profitability and expanding hyperscaler relationships, concerns about customer concentration and execution risks related to its optical business ramp suggest caution for new investors, though existing shareholders may find reasons to remain invested. The article highlights both the compelling long-term growth opportunities and the near-term risk-reward considerations for CRDO.
Analysts Offer Insights on Technology Companies: MongoDB (MDB) and Credo Technology Group Holding Ltd (CRDO)
This article highlights bullish analyst sentiments for two technology companies: MongoDB (MDB) and Credo Technology Group Holding Ltd (CRDO). Cantor Fitzgerald reiterated a Buy rating for MongoDB with a $540 price target, while TD Cowen reiterated a Buy rating for Credo Technology Group Holding Ltd with a $300 price target. Both companies received "Strong Buy" consensus ratings from analysts.
An officer plans to sell 5,000 Credo Technology (CRDO) shares after a $925K sale.
Credo Technology Group Holding Ltd (CRDO) officer James L. Laufman plans to sell 5,000 common shares with an aggregate market value of $1,025,000 around October 1, 2026. This follows a previous sale of 5,000 common shares on September 21, 2026, which generated gross proceeds of $925,001. The shares are identified as restricted stock acquired on August 19, 2026, and the filing provides details regarding Rule 144 regulatory requirements.
Form 4 Credo Technology Group Holding Ltd For: 1 October By Investing.com
This article announces the filing of a Form 4 for Credo Technology Group Holding Ltd, dated October 1. The document is provided by Investing.com, a financial markets news source. The article includes standard market data and links to related financial content.
Credo Technology Group Holding Insider Sold Shares Worth $5,333,158, According to a Recent SEC Filing
An insider at Credo Technology Group Holding Ltd (CRDO) recently sold shares valued at $5,333,158, as reported in a recent SEC filing. The article highlights this transaction and provides an overview of the company, including its focus on high-speed connectivity solutions for data infrastructure and its performance on the Nasdaq.
Credo Technology Group (CRDO) Up 17.9% Since Last Earnings Report: Can It Continue?
Credo Technology Group (CRDO) shares have increased by 17.9% since its last earnings report, outperforming the S&P 500. The company reported strong Q1 fiscal 2027 revenues of $479 million, up 114.7% year-over-year, driven by AECs and accelerating optical sales, and anticipates continued expansion with revenues projected to grow over 85% in fiscal 2027. Despite an upward trend in analyst estimates, the stock currently holds a Zacks Rank #3 (Hold), suggesting an in-line return expected in the coming months.
Credo Technology Group (CRDO) Up 17.9% Since Last Earnings Report: Can It Continue?
Credo Technology Group (CRDO) has seen a 17.9% increase in its stock price since its last earnings report, outperforming the S&P 500. The company reported strong Q1 fiscal 2027 revenues, up 114.7% year over year, driven by AI infrastructure customers and growth in its AEC and optical segments. Credo provided an optimistic outlook for fiscal 2027, projecting continued revenue expansion and disciplined expense management.
Credo Technology CEO Sells Company Shares Worth $2.5 Million
William Joseph Brennan, President and CEO of Credo Technology Group Holding Ltd, sold 16,672 shares of the company worth $2.5 million on September 14, 2026. This transaction was conducted under a pre-established Rule 10b5-1 trading plan and involved shares from the Brennan Family Trust. Despite the sale, Brennan retains a substantial equity interest in the company, valued at $339.1 million.
A 100,000-share trust gift accompanied sales by Credo Technology (CRDO) COO Yat Tung Lam.
Credo Technology Group Holding Ltd (CRDO) COO Yat Tung Lam reported six sales totaling 100,000 ordinary shares on September 25, 2026, through a Rule 10b5-1 plan. These sales included shares held directly and by Zhan BVI Co Ltd, with weighted average prices ranging from $205.38 to $207.69 per share. Concurrently, Lam also reported gifting 100,000 shares to The Lam GRAT 2026 and another 75,000-share gift disposition, while disclaiming beneficial ownership for certain indirect holdings.
Credo Technology Group Holding And 2 Top Founder Led Stocks
This article highlights three founder-led US stocks—Credo Technology Group Holding (CRDO), Nu Holdings (NU), and Palantir Technologies (PLTR)—from Simply Wall St's screener. It emphasizes how founder ownership can align management's interests with shareholders, offering an anchor during uncertain market conditions. The piece provides an overview of each company's operations, market cap, and how their founder-led approach influences their business strategies and potential for long-term profitability.
Can Credo Technology (CRDO) Turn 1.6T Optical Transceivers Into Its Next AI Growth Driver?
Credo Technology Group (CRDO) has expanded its ZeroFlap optical transceiver offerings with a new 224G-based lineup targeting 1.6T port speeds for AI infrastructure, positioning the company for growth in the AI networking buildout. The transceivers offer advanced features for real-time monitoring and improved link margins, but the company faces risks such as competition, execution challenges, and customer concentration. Institutional investor sentiment towards CRDO has strengthened, with significant holdings by major funds.
Form 4 Credo Technology Group Holding Ltd For: 27 September By Investing.com
This article reports on a Form 4 filing for Credo Technology Group Holding Ltd, dated September 27. It provides the financial filing information and the company's stock performance.
Form 4 Credo Technology Group Holding Ltd For: 26 September
This article reports on the filing of Form 4 for Credo Technology Group Holding Ltd, specifically for transactions that occurred on September 26th. Form 4 is a document that must be filed with the U.S. Securities and Exchange Commission (SEC) by company insiders to report changes in their ownership of company stock. The article mentions the company's stock symbol CRDO.
CRDO Stock Jumps As Earnings Beat Fuels AI Optics Story
Credo Technology Group Holding Ltd (CRDO) stock surged by 7.37% following strong Q1 FY27 earnings, which reported $479M in revenue (up 114.7% year-over-year) and an EPS of $1.20, beating Wall Street expectations. The company provided upbeat guidance for Q2 revenue and targeted over $600M in optical revenue for FY27, signaling sustained demand for its AI data center connectivity gear. Despite trimming price targets due to sector pressures, major banks maintained positive ratings, and CRDO expanded its AI product stack, reinforcing its position in the rapidly growing AI infrastructure market.
Seven planned sales at Credo Technology (CRDO): the CTO’s family trust sold 27,500 shares.
The Chief Technology Officer of Credo Technology Group Holding Ltd (CRDO), Cheng Chi Fung, reported that the Cheng Huang Family Trust sold 27,500 ordinary shares in seven transactions on September 23, 2026. These sales were executed under a Rule 10b5-1 trading plan adopted in September 2025, with weighted-average prices ranging from $190.0306 to $195.6814 per share. Following these transactions, the trust holds 5,689,897 ordinary shares indirectly, and Cheng Chi Fung directly holds 136,568 ordinary shares.
Credo Technology Group Holding Ltd (CRDO) stock price, news, quote and history
This Yahoo Finance page provides a comprehensive overview of Credo Technology Group Holding Ltd (CRDO) stock, including its current price, a feed of recent news articles, and historical performance data. The stock is shown to be trading at $201.65 pre-market, up 2.90%, and has shown significant year-to-date and 3-year returns compared to the S&P 500. Recent news highlights Credo's advancements in PCIe 6.0 technology, 1.6T optics for AI networks, and analyst opinions on its investment potential.
Credo Technology Group Holding (CRDO) Launches New AI Transceivers After A Fresh Valuation Test
Credo Technology Group Holding (CRDO) has launched new 224G-based ZeroFlap optical transceivers for AI networks, leading to renewed investor interest and a 16.5% stock return over 7 days, though it's down 17.7% over 90 days. Despite strong year-to-date performance (36.8%), the stock is considered overvalued by many analysts, with a fair value estimated at $130 compared to its current price of $195.97. The company's future hinges on successful AI product rollouts, stable legal issues, and strong customer relationships.
Is CRDO Stock Worth Buying as Growth Outruns Its Premium Valuation?
Credo Technology Group Holding Ltd. (CRDO) is experiencing rapid growth, driven by strong fiscal 2027 guidance and an expanding optical portfolio, but it trades at a premium valuation. While high non-GAAP margins and increasing optical revenues support its growth story, significant customer concentration and the need for continued strong execution in new product areas raise the bar for the stock to justify its price. CRDO currently holds a Zacks Rank #3 (Hold), indicating a balanced view despite its growth potential.
Why Credo Technology Group Holding Ltd (NASDAQ:CRDO) Is In Focus Now?
Credo Technology Group Holding Ltd (NASDAQ:CRDO) is gaining attention due to a recent showcase of its optical links for large accelerator clusters, highlighting critical factors like bandwidth and power use. This development positions Credo within the AI stocks discussion, as the company supplies high-speed connectivity products vital for cloud and data center networks. The article emphasizes that while market reaction to such announcements can be swift, sustained attention depends on the company's ability to translate strategic moves into consistent operating evidence and maintain service quality amidst competitive pressures.
CRDO Down 20.3% in a Month: Is the Weakness an Opportunity?
Credo Technology Group Holding Ltd (CRDO) experienced a 20.3% stock decline over the past month, despite its AI-infrastructure connectivity business showing rapid expansion with triple-digit revenue growth. While the pullback lowers the share price, the company still faces valuation, customer concentration, and execution risks. Continued strong performance in active electrical cables (AECs), optics, and new connectivity products will be crucial to support its current premium valuation and address these risks.
Credo Technology Group CEO Brennan William Joseph Disposes 16,672 Shares at $150.39-$153.39 Each
Credo Technology Group CEO Brennan William Joseph sold 16,672 shares of the company's stock on September 14, 2026. The transactions were executed in four separate sales at prices ranging from $150.39 to $153.39 per share. This sale represents about 1.0% of his previous holdings, leaving him with 1,600,830 shares.
Credo Technology Group Holding Insider Sold Shares Worth $4,475,185, According to a Recent SEC Filing
An insider at Credo Technology Group Holding Ltd (CRDO) recently sold shares valued at $4,475,185, as disclosed in a U.S. SEC filing. This transaction follows another insider sale of $644,300 worth of shares reported earlier in September. The company, a Cayman Islands-based holding company, specializes in high-speed connectivity solutions for data infrastructure markets.
Credo Expands ZeroFlap Portfolio with 224G-Based 1.6T Optical Transceivers, Addressing the Growing Demand for AI Network Infrastructure
Credo Technology Group Holding Ltd (Credo) has announced its new 224G-based family of ZeroFlap (ZF) optical transceivers, designed for AI networks. These transceivers combine Credo's 224G per lane optical DSP with its Kfir200 SiPho PIC and PILOT diagnostic platform, extending the ZeroFlap reliability architecture to 1.6T port speeds. The products are designed to help operators detect, diagnose, and mitigate fiber issues and link flaps before they impact AI workloads, offering real-time optical link health tracking and reporting.
Credo to Showcase High-Speed Connectivity Innovations Driving Next-Generation AI Infrastructure at AI Infra 2026
Credo Technology Group Holding Ltd (CRDO) will exhibit its latest optical and copper interconnect products designed for scaling AI infrastructure at AI Infra Summit 2026. The company will demonstrate its ZeroFlap Optics, 800G and 1.6T Active Electrical Cables (AEC) with PILOT observability, and Toucan Gen6 PCIe AEC, all aimed at enhancing high-speed, reliable, and energy-efficient connectivity for AI workloads. Credo representatives will also participate in panels and presentations discussing network architectures for distributed AI and scaling reliability with bandwidth.
AI Slowdown Fears Slam Credo Technology Stock
Credo Technology Group Holding Ltd (CRDO) stock is volatile due to investor fears of an AI slowdown after industry leaders called for a pause in advanced AI development. The stock's decline is exacerbated by management's refusal to raise full-year optical revenue guidance, despite record quarterly results, which heightened concerns about the pace of AI infrastructure spending. While Credo has a strong growth profile and healthy profit margins, its reliance on a few large customers and the need for flawless execution on new offerings pose risks to future results and stock stability.
Sell Alert: Fung Chi Cheng Cashes Out $644K In Credo Technology Group Stock
Fung Chi Cheng, CTO of Credo Technology Group (NASDAQ: CRDO), sold 3,790 shares of company stock for $644,300, as reported in an SEC filing on September 9th. The company, which provides connectivity solutions for AI and cloud computing, demonstrated strong revenue growth of 114.73% as of July 31, 2026, and a high gross margin, but has an EPS below the industry average and a high P/E ratio, suggesting overvaluation. Insider transactions, while informative, should be considered alongside other financial metrics.
Credo Technology Group Holding Ltd. (CRDO) Q1 Earnings and Revenues Beat Estimates
Credo Technology Group Holding Ltd. (CRDO) reported strong Q1 earnings, beating Zacks Consensus Estimates for both EPS and revenue. The company posted earnings of $1.2 per share against an estimate of $1.17, and revenues of $479 million, exceeding the $223.07 million from a year ago. CRDO's stock has performed well year-to-date, and with a Zacks Rank #2 (Buy), is expected to continue outperforming the market.
Credo Technology Group Holding (CRDO) Achieved PCIe 6.x Compliance For Its Toucan Retimer
Credo Technology Group Holding announced that its Toucan Gen6x16 PCIe Retimer has achieved PCI Express 6.x compliance, positioning it for next-generation AI and high-performance computing infrastructure. This compliance reinforces Credo's strategy of investing in SerDes and PCIe retimer IP to meet hyperscaler demands. Investors should monitor how Toucan and related PCIe products contribute to future sales and customer disclosures.
Credo's Toucan PCIe® Retimer Achieves PCI Express® Compliance and Joins PCI Express® 6.x Integrators List
Credo Technology Group Holding Ltd announced that its Toucan Gen6x16 PCI Express® (PCIe®) retimer has successfully achieved PCI-SIG® 6.x retimer compliance at 64.0 GT/s and is now listed on the PCI-SIG Integrators List. This milestone validates Toucan for electrical compliance, interoperability, and expanded PCIe 6.0 retimer protocol requirements, offering crucial support for next-generation AI, HPC, and accelerated compute platforms. The company emphasizes the retimer's low-power design, advanced diagnostics, and alignment with future PCIe 7.0 technology roadmaps.
Earnings To Watch: Credo Technology Group Holding Ltd (CRDO) Q1 2027 -- GF Value Sees 64% Upside
Credo Technology Group Holding Ltd (CRDO) is set to release its Q1 2027 earnings on September 1, 2026, with revenue estimated at $471.77 million and earnings at $0.91 per share. Analysts project a 23.48% upside from the current price, while GuruFocus estimates a 63.57% upside, suggesting an "Outperform" status. The company beat expectations in the previous quarter, with actual revenue of $437 million and earnings of $0.88 per share.
Is Credo (CRDO) Simply Riding AI Hype or Reframing Its Core Connectivity Investment Story?
Credo Technology Group Holding (CRDO) is gaining investor attention due to its semiconductor connectivity business, driven by AI and data center demand. The company's future hinges on successful product launches like OmniConnect Weaver and Toucan PCIe 6.0, as well as continued AI infrastructure spending. While analysts project significant revenue and earnings growth, the concentration of hyperscaler demand presents a risk if AI spending slows.
Credo Technology Group Holding Ltd SEC Filing (Aug 25, 2026)
This article reports on a recent SEC filing (Form ARS) by Credo Technology Group Holding Ltd (CRDO) on August 25, 2026. The filing has a low impact and neutral sentiment according to AI-generated analysis. The article also provides an overview of recent news and other SEC filings related to CRDO.
Credo Technology shares may move 12% on Sept. 1 earnings
Credo Technology Group Holding Ltd. (CRDO) shares are predicted to move 12% on September 1st when the company releases its earnings results, according to options data. Historically, the stock has often exceeded its options-implied move during previous earnings announcements. The article highlights the stock's past performance around earnings reports, noting significant price swings both above and below implied moves.
ALAB Rides on Strong Scorpio Demand: Can It Outpace MRVL and CRDO?
Astera Labs (ALAB) is experiencing significant growth driven by strong demand for its Scorpio X-Series fabric switches, which are crucial for AI infrastructure connectivity. The company reported record revenues and anticipates Scorpio to become its largest product line, positioning it strongly against competitors like Marvell Technology (MRVL) and Credo Technology (CRDO). ALAB's shares have surged, and analysts predict substantial earnings growth, giving it a Zacks Rank #1 (Strong Buy).
Credo Technology Group Holding Ltd (CRDO) Shares Fall 3.5% -- What GF Score of 86 Tells Investors
Credo Technology Group Holding Ltd (CRDO) shares fell 3.5% to $222.61, but the stock is considered 2.4% undervalued based on its GF Value™ of $227.97. Despite a strong GF Score™ of 86/100, indicating solid fundamentals and growth potential, significant insider selling totaling $479.7 million raises concerns for investors. The company's P/E ratio of 88.3x is a 42% discount to its historical median, suggesting an attractive valuation compared to its past.
Stifel reiterates Credo Tech stock Buy rating ahead of earnings
Stifel has reiterated a Buy rating on Credo Tech (NASDAQ:CRDO) stock with a $350.00 price target, expecting the company to exceed consensus revenue and EPS estimates for the July quarter. The firm anticipates strong performance driven by AEC ramps at hyperscalers, ramping optical products, and potential scale-up in fiscal 2027. This optimistic outlook is supported by Credo's impressive gross profit margins and revenue growth, with other analysts like Evercore ISI, TD Cowen, and Rosenblatt also showing confidence in Credo's optical technology capabilities and market position.
Credo Technology (CRDO) legal chief has shares withheld for taxes
Credo Technology Group Holding Ltd (CRDO) Chief Legal Officer and Secretary James Laufman had 7,379 Ordinary Shares withheld on August 19, 2026, to cover tax withholding obligations from RSU vesting. Following this transaction, Laufman directly holds 174,223 Ordinary Shares, which include shares acquired through the company’s employee stock purchase plan. The tax-withholding reference price per share was $245.97.
Credo Technology Group (NASDAQ:CRDO) Trading Down 1.5% - What's Next?
Credo Technology Group (NASDAQ:CRDO) shares fell 1.5% on Thursday, trading at $231.35 with lower-than-average volume. Despite recent downgrades to "Hold" by some firms, analysts maintain a "Moderate Buy" consensus rating with an average price target of $268.39. The company reported strong quarterly results, including $1.16 EPS and $437 million in revenue, a 157% increase year-over-year.
Credo Technology: Valuation Has Run Ahead Of Fundamentals (Initiating Sell) (NASDAQ:CRDO)
Credo Technology Group Holding (CRDO) is currently trading at a significant premium, with a forward P/E of ~40x and trailing P/E of ~71x, suggesting the market has already priced in high expectations. The company's revenue growth is heavily reliant on hyperscaler spending, but it lacks contractual revenue visibility and faces substantial customer concentration risk, with around 84% of FY2026 effective revenue coming from just three customers without minimum purchase commitments. This high valuation assumes sustained hyperscaler expansion, leaving little margin of safety and making CRDO vulnerable to shifts in capital expenditure within the sector.
Credo vs. Astera Labs: Which AI Connectivity Stock Is the Better Buy?
This article compares Credo Technology Group Holding Ltd. (CRDO) and Astera Labs (ALAB), two prominent AI connectivity stocks, to determine which offers a better investment opportunity. It delves into their fundamentals, valuations, growth outlooks, and risks, highlighting CRDO's focus on high-performance, energy-efficient solutions and ALAB's strong business momentum in comprehensive connectivity infrastructure. While both companies show strong growth in the AI sector, ALAB is currently rated as a Strong Buy by Zacks Investment Research, compared to CRDO's Hold rating.
Credo Technology's Scale-Up Push: Can it Drive Long-Term Growth?
Credo Technology (CRDO) is expanding into the AI connectivity space with scale-up networks, anticipating revenue growth primarily in fiscal 2028. The company is developing solutions for various architectures, including PCIe Gen6 AEC, retimers, and OmniConnect gearboxes, but faces significant competition from industry giants like Broadcom and Marvell Technology. Despite the early stage of the scale-up opportunity, Credo's stock has outperformed the industry, and its fiscal 2027 earnings estimate has seen a marginal upward revision.
Credo Is Up 71% This Year and Wall Street Just Raised Its Targets Again
Credo Technology (NASDAQ:CRDO) has seen its shares rise 71% year-to-date in 2026 due to high demand for AI infrastructure from hyperscalers. Despite this significant gain, 24/7 Wall St. maintains a "BUY" rating with a $246.78 price target, citing strong Q4 FY2026 revenue growth and promising optical business projections for FY2027. However, the company faces risks from severe customer concentration and a high valuation compared to peers like Broadcom, though a bull case projects higher valuations.
Credo Technology Group (NASDAQ:CRDO) Shares Down 4.5% - Should You Sell?
Credo Technology Group (NASDAQ:CRDO) shares recently dropped 4.5% to $234.82, though they remain significantly above their 200-day moving average. Despite this dip and notable insider selling totaling $101 million, analysts maintain a "Moderate Buy" consensus with an average price target of $268.39, buoyed by strong quarterly results including a 157% revenue surge. The article details analyst rating changes, price performance metrics, recent insider transactions by COO Yat Tung Lam and CTO Chi Fung Cheng, and institutional investor activity.
Credo Technology's Scale-Up Push: Can it Drive Long-Term Growth?
Credo Technology is expanding into AI connectivity with scale-up networks as a significant growth opportunity, with substantial revenues anticipated from fiscal 2028. The company is developing new solutions like PCIe Gen6 AEC and OmniConnect gearboxes while navigating intense competition from industry giants like Broadcom and Marvell Technology. However, the success of this strategy hinges on customer adoption and deployment in a rapidly evolving market.
Analysts Offer Insights on Technology Companies: Credo Technology Group Holding Ltd (CRDO) and TTM Technologies (TTMI)
Two technology companies, Credo Technology Group Holding Ltd (CRDO) and TTM Technologies (TTMI), have received bullish ratings from analysts. Goldman Sachs maintained a Buy rating for Credo Technology with a $285.00 price target, while Truist Financial maintained a Buy rating for TTM Technologies. Both companies have a "Strong Buy" consensus among analysts, with significant upside potential from their current stock prices.
Credo Technology Group Holding Ltd Stock (CRDO) Closed Up by 8.66% on Aug 17: Facts Behind the Movement
Credo Technology Group Holding Ltd (CRDO) stock rose by 8.66% on August 17, driven by strong market momentum in high-speed connectivity and AI semiconductor sectors. The increase was attributed to the company's showcase of new AI memory interconnects and retimers at a recent conference, accelerating capital expenditures by hyper-scalers on data center infrastructure, and favorable institutional and analyst sentiment. Despite risks like customer concentration and insider selling, Credo's fundamental outperformance and growth prospects supported the stock's advance.
CRDO|Credo Technology Group Holding Ltd|Price:283.660|Chg%:+23.760
Credo Technology Group Holding Ltd (CRDO) stock closed up by 9.14% on August 17th, reaching $283.660. The company's recent advancements in AI memory interconnects and retimers, coupled with increased capital expenditures by hyper-scalers on data center infrastructure, are key drivers for its performance. Analysts maintain a "Buy" rating for CRDO, with a target price of $283.462.
Credo Technology Group Holding Ltd (CRDO) Shares Surge 8.8% -- W
Credo Technology Group Holding Ltd (CRDO) saw its shares surge 8.8% to $282.82, yet GuruFocus assesses the stock as "Modestly Overvalued" with a GF Value™ of $225.02. Despite a strong GF Score™ of 84/100, driven by excellent growth and momentum, its profitability ranks lower. Insider activity shows significant selling, raising concerns about future performance and valuation sustainability.
Credo (CRDO) Soars Ahead of Earnings, Revenues Seen to More-Than-Double
Credo Technology Group Holding Ltd. (CRDO) saw its stock price climb by 8.82% as investors anticipate its Q1 fiscal year 2027 earnings, scheduled for release on September 1, 2026. The company previously guided a revenue outlook of $465 million to $475 million for Q1 2027, representing a more-than-doubling from the previous year. Despite the positive outlook, hedge fund sentiment for CRDO reportedly declined in Q1, with fewer funds holding positions and a reduction in combined holdings.
