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

What is Credo Technology Group?

Credo Technology Group Holding Ltd. (CRDO) is a technology company listed on NASDAQ. The company has been experiencing significant bullish movement in the market recently.

Why is Credo Technology Group going up?

CRDO stock is up 5.3% on Jun 11, 2025 14:40

• A 7.26% decrease in short interest signifies growing investor confidence in CRDO's performance.
• CRDO's positive momentum, marked by a 19.69% one-week increase, reflects strong buying interest in the stock.
• The rise in CRDO's shares, attributed to AI technology and optimistic guidance, has drawn investors seeking growth opportunities.
• Encouraging earnings estimate revisions and a 50% stock increase over a month point towards a favorable outlook for CRDO, potentially fueling further price appreciation.

CRDO Price Chart

CRDO Technical Analysis

CRDO News

Peering Into Credo Technology Group's Recent Short Interest - Credo Technology Group ( NASDAQ:CRDO )

Credo Technology Group's CRDO short percent of float has fallen 7.26% since its last report. The company recently reported that it has 9.53 million shares sold short, which is 6.77% of all regular shares that are available for trading.

https://www.benzinga.com/insights/short-sellers/25/06/45865412/peering-into-credo-technology-groups-recent-short-interest

Credo Technology Group Holding Ltd. ( CRDO ) Is Up 19.69% 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? Let's find out.

https://www.zacks.com/stock/news/2492915/credo-technology-group-holding-ltd-crdo-is-up-1969-in-one-week-what-you-should-know

Why Credo Technology Group ( CRDO ) Might be Well Poised for a Surge

Credo Technology Group (CRDO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

https://www.zacks.com/stock/news/2491132/why-credo-technology-group-crdo-might-be-well-poised-for-a-surge

Credo Technology Skyrockets 50% in a Month: Time to Buy the Stock?

CRDO stock soars 50% in a month on AI-driven growth and upbeat guidance, yet still trades 16% below its 52-week high.

https://www.zacks.com/stock/news/2487481/credo-technology-skyrockets-50-in-a-month-time-to-buy-the-stock

Is CommVault Systems ( CVLT ) Outperforming Other Computer and Technology Stocks This Year?

Here is how Commvault Systems (CVLT) and Credo Technology Group Holding Ltd. (CRDO) have performed compared to their sector so far this year.

https://www.zacks.com/stock/news/2487352/is-commvault-systems-cvlt-outperforming-other-computer-and-technology-stocks-this-year

Trending Today

Brent Crude Oil ($BRENT) Commodity Forecast: Up 5.0% Today

SolarEdge Technologies, Inc. ($SEDG) Stock Forecast: Down 32.8% Today

Sunrun Inc. ($RUN) Stock Forecast: Down 39.6% Today

Reddit Inc ($RDDT) Stock Forecast: Up 6.7% Today

Arista Networks Inc. ($ANET) Stock Forecast: Down 5.0% Today

Cardano ($ADA) Crypto Forecast: Down 6.2% Today

Dogecoin ($DOGE) Crypto Forecast: Down 6.4% Today

Crude Oil ($CRUDE) Commodity Forecast: Up 5.1% Today

XRP ($XRP) Crypto Forecast: Down 6.6% Today

Heating Oil ($HEATOIL) Commodity Forecast: Up 5.0% Today

Credo Technology Group Price History

04.05.2025 - CRDO Stock was down 7.0%

• The company posted impressive financial results for the fourth quarter of fiscal 2025, surpassing revenue expectations.
• Multiple analysts increased their price targets for CRDO following the strong quarterly performance.
• Despite the upbeat earnings, a shift in market sentiment possibly triggered the stock's decline.
• The increase in AI demand and robust product sales driving the company's earnings may have been overshadowed by broader market worries, leading to the stock's downward movement.

04.05.2025 - CRDO Stock was up 6.4%

• CRDO experienced a strong bullish movement today.
• The surge in CRDO's stock price can be attributed to the company beating fourth-quarter earnings and revenue estimates, leading to several analysts raising price targets.
• The positive quarterly results, fueled by surging AI demand and booming product sales, have boosted investor confidence in CRDO's growth prospects.
• The overall bullish sentiment in the market towards AI infrastructure stocks, as highlighted by recent performances, has also contributed to CRDO's upward momentum.

21.03.2025 - CRDO Stock was down 5.1%

• The uptick in Credo Technology Group's short percent of float reflects a growing pessimism among investors.
• The increase in shares sold short may indicate a belief among investors that CRDO's stock price will continue to decrease.
• The recent negative market movement might be linked to concerns surrounding the company's financial performance or future outlook.
• Investors could be responding to recent developments that have raised doubts about Credo Technology Group's potential for positive returns in the short term.

30.04.2025 - CRDO Stock was down 5.2%

• CRDO stock has increased by 24% in the past 3 months, although today's bearish movement could suggest a change in investor sentiment.
• The upcoming Q4 earnings report on June 2 is possibly causing uncertainty and caution among investors.
• The company's high valuation and possible customer risks might be factors influencing today's bearish trend.

11.05.2025 - CRDO Stock was up 5.3%

• A 7.26% decrease in short interest signifies growing investor confidence in CRDO's performance.
• CRDO's positive momentum, marked by a 19.69% one-week increase, reflects strong buying interest in the stock.
• The rise in CRDO's shares, attributed to AI technology and optimistic guidance, has drawn investors seeking growth opportunities.
• Encouraging earnings estimate revisions and a 50% stock increase over a month point towards a favorable outlook for CRDO, potentially fueling further price appreciation.

19.04.2025 - CRDO Stock was up 5.0%

• The recent increase in short interest for CRDO indicates a growing number of investors betting against the stock.
• The rise in short percent of float suggests a potential short squeeze scenario, where short sellers rush to cover their positions, driving the stock price higher.
• This increased short interest could have triggered a short squeeze, leading to a surge in buying activity and pushing CRDO's stock price up significantly.
• The bullish movement in CRDO today may be a result of short sellers closing their positions, causing a rapid increase in demand for the stock.

08.03.2025 - CRDO Stock was up 8.2%

• Following recent market uncertainty, CRDO displayed a significant uptrend today.
• The upswing in the stock price could be attributed to investor recognition of CRDO's unique portfolio and its potential in the AI-driven market.
• Despite the recent decline, the current optimism towards CRDO seems to have spurred increased buying activity.
• Investors are displaying confidence in CRDO's future expansion prospects, propelling the stock upwards in the face of recent market fluctuations.

10.05.2025 - CRDO Stock was down 6.2%

• Despite positive earnings estimate revisions, CRDO experienced a significant bearish movement.
• The stock had previously shown a notable 50% increase in a month attributed to AI-driven growth and optimistic guidance, signifying promising outlook.
• The market sentiment towards AI infra stocks, including CRDO, was favorable, with companies in this sector witnessing substantial growth.
• The bearish movement in CRDO today could be linked to profit-taking or broader market conditions, despite its evident growth potential.

10.05.2025 - CRDO Stock was down 5.6%

• The recent strong bearish movement in CRDO could be attributed to profit-taking by investors after the stock surged 50% in a month.
• Despite the positive AI-driven growth and upbeat guidance, the stock may have been overbought, leading to a correction.
• The decrease in short interest could indicate that some investors are less confident in the stock's short-term performance, contributing to the bearish movement.
• The overall market sentiment towards tech stocks, as indicated by the surge in AI infra plays like CRDO, may have also influenced the bearish movement as investors may have rotated out of high-flying tech stocks.

03.05.2025 - CRDO Stock was up 13.4%

• Today, CRDO stock showed a notable increase in value.
• The rise in CRDO's stock price is linked to the company outperforming expectations for both fourth-quarter earnings and revenue. Consequently, many analysts have raised their price projections.
• Strong financial performance in Q4 and for the full year 2025, bolstered by a surge in demand for AI technology and a significant quarterly revenue increase due to a rise in product sales, has caused a positive shift in investor outlook towards CRDO.
• The company's favorable financial outcomes and surpassing analyst predictions have driven CRDO's stock to reach unprecedented levels, underscoring the market's confidence in the company's future growth potential.

03.05.2025 - CRDO Stock was up 20.8%

• Recent financial reports for Q4 and FY25 show a 179.7% increase in quarterly revenue, largely propelled by rising demand for AI solutions.
• Analysts have expressed confidence in CRDO's performance, noting that earnings exceeded expectations by 29.63% and revenue by 6.27%.
• Investors have responded favorably to CRDO's strong Q4 results, reflecting belief in the company's potential for expansion.
• The upward movement in CRDO's stock price appears to be influenced by the company's strong financial figures and optimistic growth outlook.

03.05.2025 - CRDO Stock was up 29.7%

• CRDO experienced a strong bullish movement today following its Q4 earnings performance.
• The company delivered earnings and revenue surprises, surpassing analyst estimates by a significant margin.
• Market reaction to CRDO's robust financial performance led to an increase in the stock price.
• Investors show optimism about CRDO's future outlook, despite concerns related to its high valuation and potential customer risks.