CRDO icon

Credo Technology Group

93.47 USD
-4.98
5.06%
At close Jul 18, 4:00 PM EDT
After hours
93.70
+0.23
0.25%
1 day
-5.06%
5 days
-3.80%
1 month
9.21%
3 months
168.13%
6 months
14.66%
Year to date
31.78%
1 year
216.10%
5 years
702.32%
10 years
702.32%
 

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 7,321 funds
0
Analysts bullish %
of 5 analysts

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: 143 | Existing positions reduced: 125

9% more funds holding

Funds holding: 381 [Q4 2024] → 414 (+33) [Q1 2025]

0.93% less ownership

Funds ownership: 74.94% [Q4 2024] → 74.0% (-0.93%) [Q1 2025]

40% less capital invested

Capital invested by funds: $8.42B [Q4 2024] → $5.09B (-$3.34B) [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

Low target
$85
9%
downside
Avg. target
$95
1%
upside
High target
$115
23%
upside

5 analyst ratings

positive
100%
neutral
0%
negative
0%
Stifel
Tore Svanberg
23%upside
$115
Buy
Maintained
18 Jul 2025
Mizuho
Vijay Rakesh
5%upside
$98
Outperform
Maintained
3 Jul 2025
Susquehanna
Christopher Rolland
4%downside
$90
Positive
Maintained
3 Jun 2025
Barclays
Thomas O'Malley
9%downside
$85
Overweight
Maintained
3 Jun 2025
Needham
Quinn Bolton
9%downside
$85
Buy
Maintained
3 Jun 2025

Financial journalist opinion

Based on 20 articles about CRDO published over the past 30 days

Positive
Zacks Investment Research
2 days ago
Buy 3 AI Infrastructure Stocks Backed by Past Month's Solid Momentum
CRDO, JBL, and LITE have each surged over 10% in a month, riding the booming AI infrastructure demand and bullish growth outlook.
Buy 3 AI Infrastructure Stocks Backed by Past Month's Solid Momentum
Neutral
Business Wire
2 days ago
Credo Chairman, President and CEO Bill Brennan Joins Global Semiconductor Alliance Board of Directors
SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO) an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficiency, is pleased to announce that its Chairman, President and CEO, Bill Brennan, has been elected to the Board of Directors of the Global Semiconductor Alliance (GSA), the leading industry organization uniting the worldwide semiconductor industry. As a GSA Board Member, Mr. Brennan will collaborate wit.
Credo Chairman, President and CEO Bill Brennan Joins Global Semiconductor Alliance Board of Directors
Positive
Zacks Investment Research
3 days ago
Credo Bets Big on AEC Business: Will It Deliver Sustainable Growth?
CRDO's AEC segment delivered double-digit growth in the fourth quarter as data-center demand drives broader product adoption.
Credo Bets Big on AEC Business: Will It Deliver Sustainable Growth?
Positive
Investors Business Daily
4 days ago
Credo Stock Hits Record High Amid AI Data Center Ramps
Credo Technology stock surged to an all-time high on Tuesday as the company's data center customers ramp their AI installations.
Credo Stock Hits Record High Amid AI Data Center Ramps
Positive
Zacks Investment Research
5 days ago
Can Sound Cost Management Continue Driving Credo's Margin Growth?
CRDO's margins soar as demand for high-speed connectivity drives explosive growth and positions it for an 85% revenue surge.
Can Sound Cost Management Continue Driving Credo's Margin Growth?
Positive
Zacks Investment Research
5 days ago
3 Must-Buy Technology Bigwigs With Solid Earnings Estimate Revisions
DELL, JBL and CRDO see strong earnings estimate upgrades as AI demand fuels growth across servers, cables, and data centers.
3 Must-Buy Technology Bigwigs With Solid Earnings Estimate Revisions
Positive
Seeking Alpha
1 week ago
Credo's Valuation Isn't Frothy
Credo's revenue and EPS growth are impressive, with margins expanding and Q1 guidance pointing to even stronger results ahead. Management is actively diversifying the customer base, reducing Amazon dependency and mitigating key business risks. Despite a high P/S ratio, I believe Credo's exceptional growth and industry leadership justify the premium valuation.
Credo's Valuation Isn't Frothy
Negative
Zacks Investment Research
1 week ago
Are Computer and Technology Stocks Lagging Credo Technology Group (CRDO) This Year?
Here is how Credo Technology Group Holding Ltd. (CRDO) and IBM (IBM) have performed compared to their sector so far this year.
Are Computer and Technology Stocks Lagging Credo Technology Group (CRDO) This Year?
Positive
Zacks Investment Research
1 week ago
Credo Technology Surges 144% in 3 Months: Is the Stock Still a Buy?
CRDO jumps 144% in three months as AI momentum, strong product demand and upbeat outlook fuel investor confidence.
Credo Technology Surges 144% in 3 Months: Is the Stock Still a Buy?
Positive
Zacks Investment Research
1 week ago
2 Highly Ranked Semiconductor Stocks to Buy Now: CRDO, NVMI
With semiconductors being critical to electronic components, Credo Technology Group (CRDO) and Nova Limited (NVMI) are two standouts in the tech sector at the moment.
2 Highly Ranked Semiconductor Stocks to Buy Now: CRDO, NVMI
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