Quick ratio of Credo Technology Group Holding Ltd. Shs Thailand Depositary Receipts Repr 1 Sh – SET:CRDO23
The article provides a financial market overview of Credo Technology Group Holding Ltd. Shs Thailand Depositary Receipts, traded under the symbol SET:CRDO23, focusing on its quick ratio. It highlights that the market is currently closed with no trades recorded for this specific security. The information is presented within the TradingView platform context.
Tax withholding on RSU vesting for Credo Technology Group (CRDO) COO
Credo Technology Group's COO, Lam Yat Tung, reported routine share movements where 6,361 Ordinary Shares were withheld by the company to satisfy tax obligations upon the vesting of Restricted Stock Units (RSUs). This action was a tax-withholding disposition rather than an open-market sale. After these transactions, Lam Yat Tung directly holds 2,640,608 Ordinary Shares, with additional indirect holdings through EZ Trust and Zhan BVI Co Ltd, where beneficial ownership is disclaimed except for pecuniary interest.
CRDO Stock Climbs As Wall Street Hikes Aggressive AI Targets
Credo Technology Group Holding Ltd (CRDO) stock surged by 12.97% due to intensified Wall Street optimism for its AI-driven growth prospects. Several firms, including Evercore ISI, Stifel, and BofA, have raised their price targets significantly, highlighting Credo's copper-plus-optical strategy and a strong semiconductor demand outlook. Despite ongoing insider selling, the consensus is that executives are taking profits rather than abandoning the company, which continues to show strong fundamentals and high expectations.
CRDO Stock Draws Bullish Targets As AI Connectivity Bets Grow
Credo Technology Group Holding Ltd (CRDO) stock is experiencing a significant surge, driven by bullish analyst ratings and its strategic positioning in AI connectivity solutions. Wall Street firms like Evercore ISI, Stifel, and BofA have issued "Outperform" or "Buy" ratings with price targets ranging from $325 to $350, highlighting the company's vertically integrated copper-and-optical strategy and strong financial performance. While recent insider selling is noted, executives still retain substantial holdings, suggesting continued alignment with long-term growth in the semiconductor and data center markets.
What Makes Credo Technology Group (CRDO) Appear So Attractive
Credo Technology Group (CRDO) is considered an attractive AI stock, with BlackRock holding a significant stake. Bank of America Securities and TD Cowen have both increased their target prices for CRDO, citing semiconductor industry growth and the company's strong performance. Credo Technology Group supplies high-speed linking solutions, including optical and electrical Ethernet connections, and its product range includes active copper cables, optical transceivers, memory devices, and retimers.
Credo Technology Group Holding (CRDO) On Russell Index Moves And Strong Outlook Looks Fully Valued
Credo Technology Group Holding (CRDO) recently moved into larger Russell indices, coinciding with strong quarterly results and an upbeat fiscal 2027 revenue outlook, driven by rapid share price growth. Despite this positive momentum, the company's current share price of US$241.91 significantly exceeds a fair value estimate of $130, suggesting it may be overvalued. The article advises investors to scrutinize the risks and rewards, providing tools for further research into CRDO and other potential investment opportunities in the AI connectivity sector.
How Credo Technology Group Holding Ltd’s (CRDO) DustPhotonics Deal Deepens Its AI Data Center Connectivity Roadmap
Credo Technology Group Holding Ltd (CRDO) has strengthened its position in AI data center connectivity through the acquisition of DustPhotonics, bringing silicon photonics technology in-house. This deal, along with strong Q4 fiscal year revenue growth of 157% year-over-year, expands Credo's optical interconnect roadmap for platforms like 800G and 1.6T. The company is experiencing increased earnings and revenue estimates as its active electrical cables, optical transceivers, DSPs, and retimers become crucial for improving GPU utilization and cluster reliability in AI infrastructure.
Price Prediction: Up 90% YTD, Will Credo’s Rally Continue?
Credo Technology Group (CRDO) has seen an 89% year-to-date rally, driven by strong quarterly revenue growth and its role in AI infrastructure. Despite a "Hold" recommendation from 24/7 Wall St. with a price target of $248.61, analysts see further upside due to a large addressable market and key acquisitions like DustPhotonics. However, high valuation multiples and customer concentration remain significant risks for the stock.
Credo Technology (NASDAQ: CRDO) director sells 3,451 Ordinary Shares in open market
Credo Technology Group director Clyde Hosein sold 3,451 Ordinary Shares in an open-market transaction on July 1, 2026, at a price of $262.3250 per share. Following this sale, Hosein directly holds 16,850 Ordinary Shares of the company. This insider trading activity was reported via a Form 4 filing with the SEC.
Cheng Chi Fung trust sells 27,500 Credo (CRDO) shares under 10b5-1 plan
The Cheng Huang Family Trust, linked to Credo Technology Group Holding Ltd's CTO Cheng Chi Fung, sold 27,500 ordinary shares of Credo on June 30, 2026, via 21 open-market transactions. These sales were part of a pre-adopted Rule 10b5-1 trading plan. Following these sales, the trust still holds over 5.9 million shares, and Cheng Chi Fung directly holds an additional 146,608 shares, indicating the transactions are likely for portfolio diversification rather than a fundamental change in commitment.
Credo Technology Group (CRDO) CEO exercises 50K PSUs, 25,824 shares for taxes
Credo Technology Group Holding Ltd's CEO, William Joseph Brennan, exercised 50,000 Performance-Based Restricted Stock Units (PSUs) on June 30, 2026. A total of 25,824 shares were withheld over two days (June 30 and July 1, 2026) at different prices to cover tax obligations related to the PSU vesting. After these transactions, Brennan holds 372,629 direct ordinary shares and 1,767,502 shares indirectly through a family trust.
Credo (NASDAQ: CRDO) CFO exercises 25,000 PSUs; 12,298 shares withheld for taxes
Credo Technology Group Holding Ltd's CFO, Daniel W. Fleming, exercised 25,000 Performance-Based Restricted Stock Units (PSUs) on June 30, 2026, after a stock price hurdle was met. To cover tax obligations related to the vesting of these PSUs and other RSUs, 12,298 ordinary shares were withheld by the issuer across June 30 and July 1, 2026. Following these transactions, Fleming directly owns 514,748 ordinary shares in Credo.
[144] Credo Technology Group Holding Ltd SEC Filing
This article reports on a Form 144 SEC filing by Credo Technology Group Holding Ltd (CRDO). The filing indicates a proposed sale of 3451 common shares with an aggregate market value of $905,283.58 by an unnamed person affiliated with the issuer, acquired through restricted stock on April 3, 2025. The sale is scheduled for July 1, 2026, on NASDAQ.
Credo Technology Group (CRDO) Up 18.8% Since Last Earnings Report: Can It Continue?
Credo Technology Group (CRDO) has seen its shares rise 18.8% since its last earnings report, outperforming the S&P 500. The company reported strong Q4 fiscal 2026 results, with revenues surging 157% year over year due to robust AI connectivity demand, and management expects continued expansion with significant revenue growth projected for fiscal 2027. Analyst estimates have trended upward, leading to a Zacks Rank #1 (Strong Buy) for CRDO.
Is Credo (CRDO) Quietly Becoming a Core AI Interconnect Player After Its Index Reclassification?
Credo Technology Group Holding (CRDO) was recently reclassified into larger-cap indices, moving from Russell small-cap to Russell 1000 and Midcap. This reclassification, while technical, highlights Credo's growing role as a key AI interconnect provider, particularly with its high-speed networking and potential ties to SpaceX's neocloud. Investors are encouraged to assess Credo's strategic positioning within the AI infrastructure market, especially concerning its new product execution and hyperscaler demand, against its current valuation and analyst expectations.
Patriot Financial Group Insurance Agency LLC Increases Position in Credo Technology Group Holding Ltd. $CRDO
Patriot Financial Group Insurance Agency LLC significantly increased its stake in Credo Technology Group Holding Ltd. (CRDO) by 109.1% in the first quarter, now holding 18,438 shares valued at $1.73 million. Credo Technology Group reported strong quarterly results, beating EPS expectations and achieving 157% year-over-year revenue growth. Despite a bullish "Buy" consensus rating from Wall Street analysts with an average target price of $263.11, some insiders, including the CFO and CEO, have recently sold shares.
Broad Peak Investment Advisers Pte Ltd Has $6.34 Million Stock Holdings in Credo Technology Group Holding Ltd. $CRDO
Broad Peak Investment Advisers Pte Ltd reduced its stake in Credo Technology Group Holding Ltd. (NASDAQ:CRDO) by 8.8% in the first quarter, still holding 67,500 shares valued at approximately $6.34 million. Despite insider selling, Wall Street analysts maintain a "Buy" rating with an average price target of $263.11, following strong quarterly earnings that surpassed EPS and revenue estimates. Credo Technology Group's stock performance shows a market cap of $45.81 billion and significant institutional holdings.
Price to sales forward of Credo Technology Group Holding Ltd – NASDAQ:CRDO
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Credo Technology Group Holding Ltd(NasdaqGS:CRDO) added to Russell Midcap Growth Benchmark
Credo Technology Group Holding Ltd (CRDO) has been added to the Russell Midcap Growth Benchmark. This news follows a previous announcement that the company was dropped from the Russell 2000 Growth Benchmark and added to the Russell 1000 Growth Benchmark earlier in June. The company is a Cayman Islands-based holding company specializing in high-speed, power-efficient connectivity solutions for the data infrastructure market.
Small Caps Beat S&P 500 By The Widest Margin Since 2003: Here’s Why
U.S. small caps are currently outperforming the S&P 500 by the widest annual margin since 2003, a significant divergence driven by different factors. While the S&P 500 is being dragged down by a few large-cap hyperscaler and software names due to high capital expenditure on AI and fears of AI disruption, the Russell 2000's gains are broadly distributed across its constituents. This indicates a rotation within the AI trade, favoring smaller suppliers ("picks and shovels") over megacap spenders, demonstrating breadth in the small-cap rally.
Credo Technology Group Holding Ltd(NasdaqGS: CRDO) dropped from Russell 2000 Index
Credo Technology Group Holding Ltd (CRDO) has been removed from the Russell 2000 Index, as well as the Russell 2500 Growth and 2000 Growth benchmarks. Concurrently, CRDO was added to the Russell Midcap Growth, Russell 1000 Growth, Russell Midcap, and Russell 1000 indices. This indicates a shift in the company's market capitalization and categorization within prominent stock market indices.
Enterprise value to EBITDA forward of Credo Technology Group Holding Ltd – NASDAQ:CRDO
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Credo Technology Group Holding Ltd. $CRDO Shares Bought by Kestra Private Wealth Services LLC
Kestra Private Wealth Services LLC significantly increased its holdings in Credo Technology Group Holding Ltd. (NASDAQ:CRDO) by 38.8% in the first quarter, accumulating shares worth approximately $2.14 million. This increased institutional interest follows strong quarterly results where the company exceeded EPS and revenue estimates, alongside a substantial 157% year-over-year revenue growth. Analysts maintain a bullish outlook on CRDO, with a consensus "Buy" rating and an average price target of $263.11, while some insiders have recently sold shares, primarily to cover tax obligations.
Credo Technology Group Holding Ltd(NasdaqGS:CRDO) added to Russell 1000 Growth Benchmark
Credo Technology Group Holding Ltd (NasdaqGS:CRDO) has been added to the Russell 1000 Growth Benchmark. The company, based in the Cayman Islands, specializes in high-speed connectivity solutions for data infrastructure, focusing on Ethernet applications and offering integrated circuits, active electrical cables, and SerDes Chiplets. Analysts currently rate CRDO with a "BUY" consensus, holding an average target price of $269.81.
Hsbc Holdings PLC Lowers Position in Credo Technology Group Holding Ltd. $CRDO
Hsbc Holdings PLC reduced its stake in Credo Technology Group Holding Ltd. by 23.5% in the fourth quarter, moving 11,274 shares and now owning 36,767 shares worth $5.34 million. Despite this, institutional investors still largely own the stock (80.46%), with other hedge funds significantly increasing their positions. Analysts maintain a bullish outlook on CRDO, setting a consensus "Buy" rating and an average price target of $263.11, following strong quarterly results that exceeded expectations.
Corient Private Wealth LLC Has $3.82 Million Position in Credo Technology Group Holding Ltd. $CRDO
Corient Private Wealth LLC significantly increased its stake in Credo Technology Group Holding Ltd. (NASDAQ:CRDO) by 1,665.6% during the fourth quarter, reaching 26,573 shares valued at approximately $3.82 million. Despite continued insider selling, with directors divesting shares worth $77.5 million recently, analysts maintain a bullish outlook on CRDO, with an average "Buy" rating and a target of $263.11. The company also surpassed quarterly earnings expectations, reporting $1.16 EPS and $437 million in revenue.
Credo Technology Group Holding (CRDO) Faces A Valuation Test As Growth Momentum Cools
Credo Technology Group Holding (CRDO) stock has seen significant short-term volatility, falling recently despite strong longer-term returns, and is now trading at $238 with a "Most Popular Narrative" deeming it 83.1% overvalued with a fair value of $130. The company's valuation is being reassessed due to cooled growth momentum, although its profitability remains solid. Investors are advised to consider potential risks like product rollout delays and shifts in AI infrastructure spending, and to review the company's full risk-reward profile.
Stifel Remains Bullish on Credo Technology Group (CRDO), Here’s Why
Stifel reiterated its Buy rating on Credo Technology Group (CRDO) and raised its price target to $350 from $250 after meetings with management highlighted the company's vertically integrated, system-level approach to connectivity. Additionally, Evercore ISI initiated coverage with an Outperform rating and a $325 price target, anticipating CRDO will be recognized for its broad copper plus optical AI-connectivity solutions and projecting strong earnings growth. Credo Technology Group develops connectivity solutions for the data infrastructure market, including integrated circuits, active electrical cables, and SerDes chiplets.
Price to earnings forward of Credo Technology Group Holding Ltd – NASDAQ:CRDO
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Price to book forward of Credo Technology Group Holding Ltd – NASDAQ:CRDO
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Enterprise value to revenue forward of Credo Technology Group Holding Ltd – NASDAQ:CRDO
This article focuses on the enterprise value to revenue forward metric for Credo Technology Group Holding Ltd (NASDAQ: CRDO). It appears to be a stub or a data point from a financial platform, showing a period value with no specific details or further analysis provided. The article is primarily a financial data point for CRDO.
Family trust of Credo (CRDO) CTO sells 27,500 shares
Credo Technology Group Holding Ltd's CTO, Cheng Chi Fung, reported that his family trust, the Cheng Huang Family Trust, sold 27,500 ordinary shares on June 23, 2026. These pre-planned sales were executed through multiple open-market transactions under a Rule 10b5-1 trading plan. Following these transactions, the trust indirectly holds 5,964,370 ordinary shares, and Cheng Chi Fung directly holds 146,608 ordinary shares.
Credo Technology Group Holding Insider Sold Shares Worth $7,450,979, According to a Recent SEC Filing
An insider at Credo Technology Group Holding recently sold shares valued at $7,450,979, as disclosed in a recent SEC filing. Such sales by insiders can sometimes signal their outlook on the company's future performance or stock valuation. Investors often monitor these filings for insights into a company's prospects.
Credo (NASDAQ: CRDO) COO Lam Yat Tung reports 7,000-share bona fide gift
Credo Technology Group Holding Ltd's COO, Lam Yat Tung, reported a bona fide gift of 7,000 Ordinary Shares on June 23, 2026. This non-cash transfer is considered routine and has a neutral impact, as Lam Yat Tung retains significant direct and indirect holdings of over 2.6 million shares directly and additional shares through Zhan BVI Co Ltd and EZ Trust. The transaction is administrative and provides limited insight into management's view of the company.
Credo Technology Group Holding Ltd. Actuals & Estimates (NASDAQ:CRDO)
This article provides a comprehensive overview of Credo Technology Group Holding Ltd (NASDAQ:CRDO), covering its stock price, market capitalization, financial performance, and analyst forecasts. It highlights that CRDO's stock has shown significant growth over the past year and that analysts predict a potential rise with a maximum estimate of $350.00. The company's recent earnings and revenue exceeded estimates, and its next earnings report is anticipated on September 9, 2026.
Price Prediction: From $79 to $269 in a Year, Where is Credo Headed?
Credo Technology Group (CRDO) has seen a significant surge, up 193% over the past year, with its current price of $268.99 closely matching 24/7 Wall St.'s $263.97 price target, leading to a "HOLD" rating. While the company exhibits strong growth potential in optical revenue and has a bullish analyst sentiment, risks include customer concentration and a high trailing P/E ratio. Future projections suggest continued growth, assuming successful optical ramp and sustained AI capital expenditure.
How Credo Technology Group Holding Ltd (CRDO) Affects Rotational Strategy Timing
This article analyzes Credo Technology Group Holding Ltd (CRDO) and its impact on rotational strategy timing, identifying strong sentiment across all horizons and significant upside potential. It presents three AI-generated trading strategies—Position Trading, Momentum Breakout, and Risk Hedging—with specific entry, target, and stop-loss levels. The analysis emphasizes institutional-grade signals and multi-timeframe insights for traders.
How Credo Technology Group’s (CRDO) 1.6T Connectivity Ramp Is Feeding Its AI Data-Center Growth
Credo Technology Group (CRDO) is experiencing substantial growth in its AI data-center business, driven by its 1.6T high-speed connectivity solutions. The company reported a 157% year-over-year revenue increase in Q4 fiscal 2026, reaching $437.0 million, and projected continued growth for Q1 fiscal 2027. This growth is attributed to its portfolio of optical transceivers, retimers, and DSPs, which are crucial for improving AI infrastructure performance.
Brown Capital Management highlights Credo Technology as key fund addition amid AI infrastructure growth
Brown Capital Management's Small Company Fund has added Credo Technology Group Holding Ltd (NASDAQ: CRDO) to its portfolio, recognizing Credo's crucial role in AI infrastructure development. Credo specializes in high-speed connectivity solutions essential for AI data centers, and its recent Q3 FY2026 revenue of $407 million marks a significant 51.9% quarter-over-quarter increase. This investment reflects a broader institutional shift towards hardware foundational to AI, though risks like customer concentration and the successful integration of its DustPhotonics acquisition remain key factors for Credo's sustained growth.
How Credo Technology Group’s (CRDO) 1.6T Connectivity Ramp Is Feeding Its AI Data-Center Growth
Credo Technology Group Holding Ltd. (NASDAQ:CRDO) is experiencing significant growth driven by its high-speed connectivity solutions essential for AI data centers. The company reported a 157% year-over-year revenue increase in Q4 fiscal 2026, reaching $437.0 million, and tripling its full-year revenue to $1.3 billion. This growth is attributed to its 1.6T connectivity products, including optical transceivers and retimers, which are crucial for improving AI infrastructure performance and reliability.
Why is Credo Technology stock sliding today?
Credo Technology Group Holding Ltd's stock fell 11.6% due to profit-taking and valuation concerns, despite bullish analyst actions. The decline is attributed to the stock's high valuation after a recent surge, a negative broader market trend (Nasdaq and S&P 500 down), and a "priced for perfection" dynamic common for high-beta stocks in the AI infrastructure sector. While the fundamental story for AI data-center connectivity remains strong, the market appears to be enforcing a reset.
Credo Technology (CRDO) Earns New Analyst Upgrade, Shares Climb to Fresh Peak
Credo Technology (CRDO) shares surged to a new all-time high after BNP Paribas issued a bullish report. The firm believes Credo will significantly benefit from the ongoing artificial intelligence buildout due to its copper and optical interconnect technologies, expanding its total addressable market. Despite a price target lower than the current stock price, BNP Paribas highlighted Credo's diversifying customer base and involvement with major hyperscalers.
Credo Technology (CRDO) Earns New Analyst Upgrade, Shares Climb to Fresh Peak
Credo Technology (CRDO) shares surged to an all-time high after BNP Paribas issued a bullish coverage report, citing the company's strong position to benefit from the artificial intelligence buildout with its copper and optical interconnects. BNP Paribas believes Credo's total addressable market could expand to over $10 billion, driven by innovations like active electrical cables and silicon photonics. Despite the positive outlook, BNP set a price target of $275, which is lower than Monday's closing price, while also noting the company's diversifying customer base including five of six hyperscalers.
Credo Technology (CRDO) Earns New Analyst Upgrade, Shares Climb to Fresh Peak
Credo Technology Group Holding Ltd. (NASDAQ:CRDO) saw its shares reach a new all-time high after an analyst upgrade from BNP Paribas. The investment firm is bullish on Credo's prospects due to its copper and optical interconnects benefiting from the ongoing AI buildout, expanding its total addressable market significantly. Despite a lower price target from BNP Paribas than the stock's closing price, the firm highlighted opportunities for customer diversification and growth with hyperscale customers and Neoclouds.
Evercore ISI’s Optical AI Call Could Be A Game Changer For Credo Technology Group Holding (CRDO)
Evercore ISI initiated coverage on Credo Technology Group Holding (CRDO) with an Outperform rating, highlighting its pivot into optical DSPs and silicon photonics following the DustPhotonics acquisition. This move is seen as a potential game-changer, reshaping Credo's role in AI data-center networking architectures. While the expanded optical portfolio offers significant growth opportunities, potential risks include reliance on a small base of hyperscale customers and shifts in AI infrastructure spending.
Credo Wires Agentic AI With $10 Billion-Plus Market In Sight - Credo Technology Group (NASDAQ:CRDO)
Credo Technology Group (NASDAQ: CRDO) is positioned to capitalize on the AI data-center interconnect cycle, with its total addressable market expected to exceed $10 billion. The company is evolving into a dual copper-and-optical AI connectivity platform, as highlighted by analyses from BNP Paribas and Evercore ISI. Credo's stock has shown significant gains, rising 7.67% on the day of publication and roughly 96% year-to-date, reflecting its strong market performance and potential for future growth in an agentic AI-driven infrastructure.
Credo Technology rises as investors lean into AI interconnect growth story
Credo Technology Group Holding Ltd. (CRDO) stock rose 10.1% due to strong optimism surrounding its AI connectivity business, highlighted by sharply higher Q4 revenue and above-consensus guidance. The company's recent acquisition of DustPhotonics further strengthens its position in optical interconnects and high-speed data center links, leading several analysts to raise their price targets. Insider trading shows significant sales by executives, while hedge fund activity is mixed, and congressional trading shows both purchases and sales.
CRDO Stock Rallies As AI Earnings Beat Fuels Analyst Upgrades
Credo Technology Group Holding Ltd (CRDO) stock rallied by 10.55% following strong Q4 FY26 earnings, driven by demand for its AI-focused networking solutions. The company reported significant revenue growth and high gross margins, benefiting from the DustPhotonics acquisition which expanded its optical connectivity offerings. Despite strong financials and analyst upgrades, the stock experienced a 15% drop in after-hours trading, highlighting the volatility of high-expectation momentum names.
Why Is Credo Technology Stock Soaring Monday?
Credo Technology Group (CRDO) stock saw a significant increase on Monday after multiple Wall Street analysts upgraded their ratings and price targets for the AI connectivity chipmaker. Stifel maintained its Buy rating and raised its forecast to $350, while Evercore ISI Group initiated coverage with an Outperform rating and a $325 price target. These upgrades follow the company's strong fiscal fourth-quarter earnings report, where it surpassed revenue and earnings per share estimates, and recent recommendations by market commentator Jim Cramer.
Evercore ISI initiates coverage on Credo Technology with outperform rating and $325 price target
Evercore ISI initiated coverage on Credo Technology (NASDAQ: CRDO) with an Outperform rating and a $325 price target, representing a roughly 20% upside from its current trading level of $270. Credo specializes in high-speed connectivity solutions crucial for AI infrastructure, cloud computing, and hyperscale data centers, boasting a fiscal Q4 2026 revenue of $437 million, a 157% year-over-year increase. The firm's bullish stance is based on Credo's impressive growth and critical role in the expanding AI infrastructure market, despite the stock trading near all-time highs.