CRDO icon

Credo Technology Group

162.96 USD
-1.02
0.62%
At close Updated Sep 16, 9:30 AM EDT
1 day
-0.62%
5 days
4.39%
1 month
37.24%
3 months
105.84%
6 months
246.58%
Year to date
129.75%
1 year
487.03%
5 years
1,298.8%
10 years
1,298.8%
 

About: Credo Technology Group Holding Ltd delivers high-speed solutions to break bandwidth barriers on every wired connection in the data infrastructure market. It provides secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase exponentially throughout the data infrastructure market. It has a geographic presence in Hong Kong, the United States, Mainland China, Taiwan, and the Rest of the World.

Employees: 622

0
Funds holding %
of 7,463 funds
0
Analysts bullish %
of 7 analysts

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

223% more first-time investments, than exits

New positions opened: 152 | Existing positions closed: 47

130% more capital invested

Capital invested by funds: $5.09B [Q1] → $11.7B (+$6.62B) [Q2]

100% more funds holding in top 10

Funds holding in top 10: 7 [Q1] → 14 (+7) [Q2]

24% more funds holding

Funds holding: 413 [Q1] → 511 (+98) [Q2]

23% more repeat investments, than reductions

Existing positions increased: 179 | Existing positions reduced: 145

0.44% more ownership

Funds ownership: 74.01% [Q1] → 74.45% (+0.44%) [Q2]

42% less call options, than puts

Call options by funds: $345M | Put options by funds: $595M

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$150
8% downside
Avg. target
$159
3% downside
High target
$165
1% upside

7 analyst ratings

positive
100%
neutral
0%
negative
0%
Roth Capital
Suji Desilva
$160
Buy
Maintained
4 Sep 2025
TD Cowen
Joshua Buchalter
$160
Buy
Maintained
4 Sep 2025
Stifel
Tore Svanberg
$155
Buy
Maintained
4 Sep 2025
Mizuho
Vijay Rakesh
$155
Outperform
Maintained
4 Sep 2025
Barclays
Thomas O'Malley
$165
Overweight
Maintained
4 Sep 2025

Financial journalist opinion

Based on 35 articles about CRDO published over the past 30 days

Positive
Forbes
yesterday
Buy Sell Or Hold Credo Stock?
Credo Technology stock (NASDAQ:CRDO) surged nearly 10% on Wednesday and has more than doubled over the past quarter, elevating its market capitalization to approximately $28 billion. The firm offers high-speed connectivity solutions for Ethernet and AI infrastructure, including integrated circuits, active electrical cables, and IP licensing.
Buy Sell Or Hold Credo Stock?
Positive
The Motley Fool
4 days ago
Credo Technology Stock Keeps Beating the Stock Market. Time to Buy?
Since debuting as a publicly traded company on Jan. 27, 2022, Credo Technology Group Holding (CRDO -2.77%) has been quietly crushing the stock market. Shares of Credo have soared 1,300%, making the S&P 500's return of 59% during that same time frame seem paltry by comparison.
Credo Technology Stock Keeps Beating the Stock Market. Time to Buy?
Neutral
Seeking Alpha
5 days ago
Credo Technology Group Holding Ltd (CRDO) Presents At Goldman Sachs Communacopia + Technology Conference 2025 Transcript
Credo Technology Group Holding Ltd (NASDAQ:CRDO ) Goldman Sachs Communacopia + Technology Conference 2025 September 10, 2025 6:45 PM EDT Company Participants William Brennan - President, CEO & Chairman Daniel Fleming - Chief Financial Officer Conference Call Participants James Schneider - Goldman Sachs Group, Inc., Research Division Presentation James Schneider Senior Research Analyst Good afternoon, everybody. Welcome to the Goldman Sachs Communacopia Technology Conference.
Credo Technology Group Holding Ltd (CRDO) Presents At Goldman Sachs Communacopia + Technology Conference 2025 Transcript
Positive
Zacks Investment Research
5 days ago
Credo Technology Group Holding Ltd. (CRDO) Is Up 14.44% in One Week: What You Should Know
Does Credo Technology Group Holding Ltd. (CRDO) have what it takes to be a top stock pick for momentum investors?
Credo Technology Group Holding Ltd. (CRDO) Is Up 14.44% in One Week: What You Should Know
Positive
Zacks Investment Research
5 days ago
Credo Launches High-Performance Bluebird DSP for 1.6Tbps Networks
CRDO unveils its Bluebird DSP, powering 1.6Tbps optical transceivers with under-20W efficiency and ultra-low latency for next-gen AI networks.
Credo Launches High-Performance Bluebird DSP for 1.6Tbps Networks
Positive
Zacks Investment Research
5 days ago
Best Momentum Stocks to Buy for September 10th
JRVR, SFD and CRDO made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 10, 2025.
Best Momentum Stocks to Buy for September 10th
Positive
Zacks Investment Research
6 days ago
Bull of the Day: Credo Technology (CRDO)
I last wrote about Credo Technology Group ( CRDO ) as the Bull of the Day in early May when shares were trading under $50. Two beat-and-raise earnings reports later, the stock has more than tripled.
Bull of the Day: Credo Technology (CRDO)
Neutral
Business Wire
6 days ago
Credo Unveils Bluebird 1.6T Optical DSP for Low-Power, High-Bandwidth, and Ultra-low Latency AI Networks
SHENZHEN, China--(BUSINESS WIRE)--Credo Unveils Bluebird 1.6T Optical DSP for Low-Power, High-Bandwidth, and Ultra-low Latency AI Networks.
Credo Unveils Bluebird 1.6T Optical DSP for Low-Power, High-Bandwidth, and Ultra-low Latency AI Networks
Positive
Zacks Investment Research
6 days ago
Earnings Estimates Rising for Credo Technology Group (CRDO): Will It Gain?
Credo Technology Group Holding Ltd. (CRDO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Earnings Estimates Rising for Credo Technology Group (CRDO): Will It Gain?
Neutral
Seeking Alpha
6 days ago
Credo Technology: AI Hype Nearing Its Peak - Double-Digits Correction Likely
CRDO's triple-digits rally since the April 2025 bottom may be attributed to the expanding hyperscaler partnership & bottom-line inflection arising from higher pricing power/ improving operational scale. Much of the tailwinds are attributed to the growing adoption of its AEC offerings, with it already driving improved reliability and lower power consumption during the ongoing data-center boom. This is significantly aided by the richer balance sheet and the inherent lack of debt, thanks to the growing cash flows despite the higher capex trends.
Credo Technology: AI Hype Nearing Its Peak - Double-Digits Correction Likely
Charts implemented using Lightweight Charts™