Credo Technology Group ($CRDO) Stock Forecast: Up 8.8% Today

What is Credo Technology Group?

Credo Technology Group Holding Ltd (CRDO) is a tech company focused on energy-efficient and ethical practices, known for its secure, high-speed connectivity solutions. The stock had a strong bullish movement today.

Why is Credo Technology Group going up?

CRDO stock is up 8.8% on Jan 8, 2026 14:41

• CRDO experienced a significant stock increase of 6.89% following optimism from strategic partnerships and innovation disclosures at the 28th Annual Needham Growth Conference.
• Analysts are projecting a fair value of US$214 for CRDO, indicating that the stock is currently undervalued despite recent share price weakness.
• The surge in CRDO stock is attributed to increased option activity and implied volatility as traders buy call options ahead of the company's March earnings release.
• Despite recent weakness, CRDO is considered surprisingly cheap with robust fundamentals, including significant revenue growth and margin expansion, presenting a compelling opportunity for long-term investors.

CRDO Price Chart

CRDO Technical Analysis

CRDO News

Credo Technology’s Market Trajectory: What’s Next?

Credo Technology Group Holding Ltd (NASDAQ: CRDO) has seen a 6.89% stock increase following optimism from strategic partnerships and innovation disclosures at the 28th Annual Needham Growth Conference. The company's strong financial overview, including $436.78M in revenue and robust gross margins, coupled with a "Buy" rating from Bank of America despite a target price adjustment, positions it as a resilient player in the tech sector. Credo's commitment to energy efficiency and ethical practices, highlighted in its 2025 ESG Report, also attracts investors focused on sustainable investments.

https://stockstotrade.com/news/credo-technology-group-holding-ltd-crdo-news-2026_01_07/

A Look At Credo Technology Group Holding (CRDO) Valuation After Analyst Support And Recent Share Price Weakness

Credo Technology Group Holding (CRDO) has attracted investor interest following Mizuho Securities' defense after a share-price drop, strong revenue growth, and positive analyst commentary. Despite a recent 24.48% decline over 30 days, analysts project a fair value of US$214, indicating it is undervalued. However, the current P/E ratio of 113.3x is significantly higher than industry and peer averages, suggesting considerable optimism is already priced in.

https://simplywall.st/stocks/us/semiconductors/nasdaq-crdo/credo-technology-group-holding/news/a-look-at-credo-technology-group-holding-crdo-valuation-afte

Why Credo Technology Group Stock Is Surging Now

Credo Technology Group Holding Ltd (CRDO) stock is currently volatile and climbing. This surge is attributed to traders buying call options ahead of the company’s March earnings release, which has increased option activity and implied volatility. Additionally, analysts are reevaluating their price targets and outlooks for CRDO, considering recent earnings momentum and strong demand in the AI and semiconductor sectors.

https://www.tipranks.com/news/catalyst/why-credo-technology-group-stock-is-surging-now

Credo Stock Is Surprisingly Cheap (NASDAQ:CRDO)

Credo Technology Group (CRDO) stock is considered surprisingly cheap despite recent weakness, with robust fundamentals including 272% YoY revenue growth and significant margin expansion. Management's Q3 guidance projects 152% YoY revenue growth and expanded gross margins, driven by a $10B+ addressable market with five growth pillars. The current valuation, with a forward P/E of 47.54, presents a compelling opportunity for long-term investors.

https://seekingalpha.com/article/4857725-credo-stock-is-surprisingly-cheap

Tech firm Credo will share its outlook at Needham Growth investor event

Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO) announced that its President and CEO, Bill Brennan, and CFO, Dan Fleming, are scheduled to present at the 28th Annual Needham Growth Conference on January 14, 2026, in New York City. The presentation will be webcast live on Credo’s IR website, providing insight into their secure, high-speed connectivity solutions.

https://www.stocktitan.net/news/CRDO/credo-to-present-at-28th-annual-needham-growth-q9rkrquus27d.html

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Credo Technology Group Price History

07.00.2026 - CRDO Stock was down 5.3%

• Despite a recent excellent quarter with impressive financial results, including beating EPS estimates and a significant revenue increase, CRDO's shares experienced a 2.1% decline during mid-day trading.
• Recognition of Credo as a key beneficiary of AI infrastructure growth and its support of the company's near-term capital expenditure story may have raised expectations, leading to a sell-off as investors closely monitor the company's execution against aggressive revenue targets.
• The significant insider selling in AI-related tech stocks, including CRDO, might have contributed to the bearish movement as insiders take profits following substantial share price increases in 2025, despite bullish analyst ratings and institutional accumulation indicating growth potential driven by AI.
• The conflicting signals of insider selling and analyst recommendations create a paradox for investors, with the need to balance short-term profit-taking with long-term growth prospects in the AI tech sector.

28.10.2025 - CRDO Stock was up 5.1%

• CRDO is likely experiencing a bullish trend ahead of its Q2 earnings release, with analysts expecting a significant increase in earnings per share compared to the previous year.
• The surge in CRDO's shares could be attributed to the anticipation of positive earnings results and strong demand in the AEC and optical sectors.
• Despite the positive momentum, there are concerns about competition, customer reliance, and macroeconomic uncertainties that could impact the stock's performance in the near term.
• Investors should closely monitor CRDO's earnings report and how the company addresses these challenges to gauge the sustainability of its current bullish trend.

08.00.2026 - CRDO Stock was up 8.8%

• CRDO experienced a significant stock increase of 6.89% following optimism from strategic partnerships and innovation disclosures at the 28th Annual Needham Growth Conference.
• Analysts are projecting a fair value of US$214 for CRDO, indicating that the stock is currently undervalued despite recent share price weakness.
• The surge in CRDO stock is attributed to increased option activity and implied volatility as traders buy call options ahead of the company's March earnings release.
• Despite recent weakness, CRDO is considered surprisingly cheap with robust fundamentals, including significant revenue growth and margin expansion, presenting a compelling opportunity for long-term investors.

05.00.2026 - CRDO Stock was down 5.2%

• The bearish movement in CRDO could be attributed to the Form 144 filing that preceded insider stock sales, causing concern among traders about potential follow-through selling pressure.
• While institutional investors like VIRGINIA RETIREMENT SYSTEMS ET Al increased their stake in CRDO significantly, the substantial insider selling activities, including by Braun Stacey Associates Inc. and Moody Aldrich Partners LLC, may have contributed to the negative market sentiment.
• The conflicting actions of institutional buying and insider selling could have created uncertainty among investors, leading to the bearish movement in CRDO despite its strong quarterly results and analyst price target increases.
• The overall market sentiment towards CRDO might have been further influenced by the broader rally in semiconductor ETFs and the positive outlook for companies like Micron Technology.

21.10.2025 - CRDO Stock was down 7.9%

• Today's decline in CRDO's stock price could be due to investors taking profits following a period of rapid growth.
• Despite the company's healthy financials and positive market sentiment shown in bullish options activity, some investors may have opted to secure gains from recent moves.
• The market's reaction may stem from concerns about CRDO's ability to maintain its margins in a competitive landscape and meet growth targets for fiscal year 2026.
• The bearish movement might be a brief correction in response to the recent uptrend in the stock, as investors review their positions and market conditions.

26.10.2025 - CRDO Stock was up 12.2%

• The bullish movement in CRDO's stock today can be attributed to several factors:
• Anticipation of higher Q2 earnings, with analysts expecting a significant increase from the year-ago period.
• The company's strong cash position of $479.6M and surging revenues, which are seen as a competitive advantage in the hyperscale growth market.
• The robust revenue and margins posted by CRDO amid rapid growth in fiscal 2026, indicating a strong competitive position and potential for further growth.
• The surge in trading volume and positive trend in earnings estimate revisions may have contributed to the 13.0% jump in CRDO's stock price, signaling investor confidence in the company's performance and future prospects.

16.11.2025 - CRDO Stock was down 5.2%

• The COO's significant selling of 370,000 shares for $56.68 million might have signaled insider concerns or profit-taking, contributing to the bearish trend.
• Despite strong quarterly earnings and positive analyst ratings, the insider selling by the CEO and COO could have eroded investor confidence, leading to the stock's decline.
• The market's reaction to the insider selling could indicate concerns about the company's future performance or potential risks associated with high-beta AI infrastructure and customer concentration.
• While the company's role in AI data-center demand remains promising, the insider selling and stock volatility may have overshadowed the positive outlook, causing the bearish movement.

23.11.2025 - CRDO Stock was down 5.2%

• Positive commentary on CRDO's growth potential and comparisons to another successful company did not prevent the stock from experiencing a bearish trend.
• Institutional investors, such as Voya Investment Management LLC, notably increased their investment in CRDO, displaying confidence in the company's prospects.
• Despite a solid financial performance, including surpassing earnings projections and revenue growth, the stock still faced a bearish trend, potentially indicating market sentiment changes or profit-taking activities.
• Insider selling by the COO and CEO, coupled with a reduction in stake by Princeton Global Asset Management LLC, may have contributed to the downward pressure on CRDO's stock value.

06.00.2026 - CRDO Stock was down 6.1%

• Despite exceeding EPS estimates and experiencing a significant revenue increase, the stock displayed bearish movement, signaling a discrepancy between company performance and market response.
• Insider sales amounting to about $189.27 million in the last 90 days may have influenced negative investor sentiment, despite institutions boosting their ownership in the company.
• The filing of Form 144 preceding insider sales could have sparked trader concerns, particularly given Credo's involvement in AI and semiconductor technologies.
• The situation of insiders offloading shares while analysts maintain "Buy" recommendations and institutions increase their stakes presents a nuanced market scenario. It portrays a scenario where insiders taking profits contradict the perceived long-term growth potential by analysts and institutional investors.

17.11.2025 - CRDO Stock was down 5.1%

• Despite strong quarterly earnings and surpassing revenue estimates, insider selling amounting to over $67 million by the CEO and COO on December 11th likely contributed to the bearish momentum.
• Investor concerns may have been triggered by the COO, Yat Tung Lam, reducing stake by 48.05% through the sale of 370,000 shares for $56.68 million.
• Market sentiment towards CRDO remains optimistic, with analysts upholding a "Buy" consensus rating and an average price target of $206.85. This underscores the company's growth opportunities and its vital role in high-speed connectivity for AI infrastructure.
• Despite some stake reductions in institutional filings, the overarching bullish outlook for CRDO is rooted in its robust position in the AI data-center industry and expanding product portfolio. This suggests a potential rebound in the stock's value in the near term.

12.11.2025 - CRDO Stock was down 5.2%

• Despite Credo's strong fundamentals and positive momentum highlighted by analysts, the stock experienced a bearish movement today.
• The increased price target and bullish sentiment from analysts may have already been priced in, leading to profit-taking by investors.
• Concerns over potential risks related to hyperscaler capital spending and the need for continued adoption of newer platforms could have weighed on investor sentiment.
• The market may be reacting to broader tech sector trends or macroeconomic factors influencing investor behavior, contributing to the bearish movement in CRDO's stock price today.

10.11.2025 - CRDO Stock was down 5.1%

• Despite being labeled as a strong momentum stock with optimistic earnings estimate revisions and a bullish sentiment from analysts, CRDO encountered a bearish market trend.
• The disclosure of a licensing agreement with The Siemon Company to enhance high-speed Ethernet port speeds for AI, cloud, and hyperscale networks could not counteract the negative market sentiment.
• The notable rise in the price target and institutional ownership, along with the potential for a stock surge from upwards adjustments in earnings estimates, failed to prevent the bearish movement. This suggests that external factors beyond these indicators may have influenced the market's response.
• The divergence between the positive developments related to CRDO and its bearish market performance could hint at broader market conditions or unexpected events affecting investors' attitudes toward the stock on that day.