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Credo Technology Group ($CRDO) Stock Forecast: Up 5.3% Today

Morpher AI identified a bullish signal. The stock price may continue to rise based on the momentum of the good news.

What is Credo Technology Group?

Credo Technology Group (CRDO) is a technology company listed on NASDAQ. The company specializes in connectivity solutions driven by AI technology.

Why is Credo Technology Group going up?

CRDO stock is up 5.3% on Sep 18, 2025 13:46

  • The positive guidance of 120% growth in fiscal 2026 has contributed to the bullish movement in CRDO today, signaling promising prospects ahead.
  • Despite insider selling of $4.05M by BU LIP TAN, the market sentiment towards CRDO remains optimistic, largely focused on the strong growth forecast.
  • The market whales' bullish stance on CRDO options has bolstered investor confidence in the company's future performance.
  • CRDO's notable performance in comparison to Ouster, Inc. (OUST) in the computer and technology sector this year has attracted investor interest and supported the ongoing bullish trend.

CRDO Price Chart

CRDO Technical Analysis

CRDO News

Market Whales and Their Recent Bets on CRDO Options - Credo Technology Group ( NASDAQ:CRDO )

Whales with a lot of money to spend have taken a noticeably bullish stance on Credo Technology Group. Looking at options history for Credo Technology Group CRDO we detected 29 trades.

https://www.benzinga.com/insights/options/25/09/47724692/market-whales-and-their-recent-bets-on-crdo-options

0 News Article Image Market Whales and Their Recent Bets on CRDO Options - Credo Technology Group  ( NASDAQ:CRDO )

BU LIP TAN Takes Money Off The Table, Sells $4.05M In Credo Technology Group Stock - Credo Technology Group ( NASDAQ:CRDO )

Revealing a significant insider sell on September 16, BU LIP TAN, Board Member at Credo Technology Group CRDO, as per the latest SEC filing. What Happened: TAN's recent move involves selling 25,000 shares of Credo Technology Group. This information is documented in a Form 4 filing with the U.S.

https://www.benzinga.com/insights/news/25/09/47717638/bu-lip-tan-takes-money-off-the-table-sells-4-05m-in-credo-technology-group-stock

1 News Article Image BU LIP TAN Takes Money Off The Table, Sells $4.05M In Credo Technology Group Stock - Credo Technology Group  ( NASDAQ:CRDO )

CRDO Guides 120% Growth in Fiscal 2026: Will the Momentum Sustain?

Credo Technology expects revenue growth, fueled by surging AI-driven demand across its connectivity solutions portfolio.

https://www.zacks.com/stock/news/2752747/crdo-guides-120-growth-in-fiscal-2026-will-the-momentum-sustain

2 Missing News Article Image CRDO Guides 120% Growth in Fiscal 2026: Will the Momentum Sustain?

Is Ouster ( OUST ) Outperforming Other Computer and Technology Stocks This Year?

Here is how Ouster, Inc. (OUST) and Credo Technology Group Holding Ltd. (CRDO) have performed compared to their sector so far this year.

https://www.zacks.com/stock/news/2750720/is-ouster-oust-outperforming-other-computer-and-technology-stocks-this-year

3 Missing News Article Image Is Ouster  ( OUST )  Outperforming Other Computer and Technology Stocks This Year?

Credo Technology Group Price History

26.07.2025 - CRDO Stock was up 5.1%

  • The surge in CRDO's stock price can be attributed to the company's focus on AI-driven data center growth, which is a key driver of market sentiment.
  • The decrease in CRDO's short percent of float indicates growing confidence in the company's future prospects, leading to increased investor interest and a positive market sentiment.
  • The strong cash position of $431.3 million and the expected revenue growth in FY26 to over $800 million are likely contributing factors to the bullish movement, as investors see potential in CRDO's ability to capitalize on AI opportunities in the market.

14.07.2025 - CRDO Stock was down 5.3%

  • Despite unusual options activity indicating a mix of bullish and bearish stances, the overall sentiment leaned towards the bearish side, leading to a significant decline in CRDO's stock price.
  • Conflicting signals from investors with significant capital could have created uncertainty and volatility in the market, contributing to the bearish movement.
  • The bearish sentiment may have been influenced by broader market conditions or specific company-related factors prompting investors to take a more cautious approach towards CRDO's stock.

12.07.2025 - CRDO Stock was up 5.0%

  • Unusual options activity for CRDO was observed on August 08, with investors showing a strong bullish sentiment through significant capital investments.
  • The rise in bullish options trading may signal a growing optimism about CRDO's future outlook and potential positive developments.
  • The heightened investor interest, whether from institutions or high-net-worth individuals, could be influenced by positive perceptions of CRDO's technology and market position.
  • The unusual options activity could serve as an early indicator of potential positive developments or news for Credo Technology Group, contributing to the upward movement in the stock price.

01.07.2025 - CRDO Stock was down 8.7%

  • Despite positive earnings from Lam Research and overall sector performance, CRDO experienced a strong bearish movement.
  • The stock's recent spike in price might have led to profit-taking by investors, causing the bearish trend.
  • Investors may be rotating out of high-flying tech stocks like CRDO and into other sectors, leading to the downward movement.
  • Market sentiment towards CRDO may have shifted due to concerns or uncertainties not captured in the latest updates.

21.07.2025 - CRDO Stock was up 6.3%

  • The strong bullish movement in CRDO's stock is primarily driven by the company's optimistic financial outlook and robust cash reserves set to support growth in the AI sector.
  • Noteworthy options activity, with a notable increase in bullish sentiment among traders, likely played a role in boosting CRDO's stock price.
  • Investor enthusiasm for CRDO's ability to leverage AI opportunities is evident in both the positive financial developments and the bullish trends in options trading.

28.07.2025 - CRDO Stock was up 8.5%

  • Unusual options activity on CRDO indicates a bullish sentiment among investors, with significant trades being made.
  • Positive outlook on CRDO's optical DSP business and expected revenue growth in the coming years is likely driving investor confidence and interest in the stock.
  • Comparison with Broadcom in the data center connectivity sector shows that CRDO's AI-driven growth strategy is gaining traction, potentially leading to increased market share and profitability.
  • Decrease in CRDO's short percent of float suggests that investors are becoming more optimistic about the company's future prospects, contributing to the bullish movement in the stock price.

28.07.2025 - CRDO Stock was up 5.6%

  • The bullish movement in CRDO's stock is likely due to its strong financial outlook and growth potential in the optical DSP and AI-driven connectivity sectors.
  • The company's growing revenues, expected to exceed $800 million by fiscal 2026, have increased investor confidence and attracted interest in the stock.
  • With a robust cash position of $431.3 million at the end of FY25, CRDO is well-positioned to seize AI opportunities and propel future growth.
  • Market sentiment towards Credo Technology Group has improved, as reflected by the decline in the short percent of float, signaling a more positive perception of the company's performance and prospects.

29.07.2025 - CRDO Stock was down 5.3%

  • The bearish movement in CRDO today could be attributed to the stretched valuation and client concentration risks highlighted ahead of the Q1 earnings report.
  • Despite the positive outlook on CRDO's optical DSP business and revenue momentum, the market sentiment may have been impacted by concerns raised regarding valuation and client concentration.
  • The unusual options activity showing a bullish stance on CRDO might not have been enough to offset the overall market sentiment and risks associated with the stock.
  • The comparison with AVGO and discussions around data center connectivity stocks may have also influenced investor decisions, contributing to the bearish movement in CRDO today.

19.07.2025 - CRDO Stock was down 5.8%

  • Significant financial institutions and large investors have shown bearish options activity towards CRDO, suggesting a lack of confidence in the company.
  • Today's downward movement in CRDO's stock price may be linked to negative sentiment through the options market, where a notable proportion of traders have taken a bearish position.
  • The decline in CRDO's stock value could be attributed to the cautious perspective of these influential entities, resulting in a sell-off and subsequent decrease in the stock price.

29.07.2025 - CRDO Stock was down 9.2%

  • The stock's decline today may be linked to concerns regarding stretched valuation and client concentration risks ahead of the Q1 earnings report.
  • Investor optimism highlighted in another publication was countered by potential risks raised in a separate analysis, prompting a sell-off.
  • Market sentiment could have been swayed by comparisons with Broadcom, a more established player in the semiconductor industry, possibly leading investors to prefer the latter over CRDO.
  • The market movement seems driven by profit-taking amid worries about valuation and client concentration risks, despite positive growth forecasts in other sources.

30.06.2025 - CRDO Stock was up 5.1%

  • CRDO stock saw a significant 1.32% spike in the current session, trading at $109.38.
  • The stock has shown impressive growth over the past month, increasing by 24.88%, and over the past year, by a remarkable 294.16%.
  • The positive performance of CRDO could be attributed to strong market sentiment towards technology stocks, as indicated by comparisons with other companies like IBM in the sector.
  • Investors may be optimistic about CRDO's future prospects, driving the bullish movement in the stock price.

18.08.2025 - CRDO Stock was up 5.3%

  • The positive guidance of 120% growth in fiscal 2026 has contributed to the bullish movement in CRDO today, signaling promising prospects ahead.
  • Despite insider selling of $4.05M by BU LIP TAN, the market sentiment towards CRDO remains optimistic, largely focused on the strong growth forecast.
  • The market whales' bullish stance on CRDO options has bolstered investor confidence in the company's future performance.
  • CRDO's notable performance in comparison to Ouster, Inc. (OUST) in the computer and technology sector this year has attracted investor interest and supported the ongoing bullish trend.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.