Credo Technology GroupCRDO
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: 500
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
51% more first-time investments, than exits
New positions opened: 119 | Existing positions closed: 79
16% more call options, than puts
Call options by funds: $123M | Put options by funds: $106M
14% more repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 125
8% more funds holding
Funds holding: 381 [Q4 2024] → 413 (+32) [Q1 2025]
2.83% less ownership
Funds ownership: 74.94% [Q4 2024] → 72.1% (-2.83%) [Q1 2025]
41% less capital invested
Capital invested by funds: $8.42B [Q4 2024] → $4.96B (-$3.46B) [Q1 2025]
42% less funds holding in top 10
Funds holding in top 10: 12 [Q4 2024] → 7 (-5) [Q1 2025]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Stifel Tore Svanberg | 9%upside $80 | Buy Maintained | 3 Jun 2025 |
Susquehanna Christopher Rolland | 22%upside $90 | Positive Maintained | 3 Jun 2025 |
Barclays Thomas O'Malley | 16%upside $85 | Overweight Maintained | 3 Jun 2025 |
Needham Quinn Bolton | 16%upside $85 | Buy Maintained | 3 Jun 2025 |
Mizuho Vijay Rakesh | 12%upside $82 | Outperform Maintained | 3 Apr 2025 |
Financial journalist opinion
Based on 38 articles about CRDO published over the past 30 days
