Credo Technology Group ($CRDO) Stock Forecast: Down 9.2% Today

What is Credo Technology Group?

CRDO, or Credo Technology Group, operates in the AI-driven data center connectivity sector and its stock witnessed significant bearish movement today.

Why is Credo Technology Group going down?

CRDO stock is down 9.2% on Aug 29, 2025 18:41

• 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.

CRDO Price Chart

CRDO Technical Analysis

CRDO News

How Does Credo's System-Level Strategy Provide an Edge in the AI Era?

CRDO is fueling AI-era data centers with a system-level strategy, driving growth across AECs, DSPs and retimers.

https://www.zacks.com/stock/news/2745056/how-does-credos-system-level-strategy-provide-an-edge-in-the-ai-era

Credo Technology to Report Q1 Earnings: How to Play the Stock?

CRDO rides on AI-driven demand with AECs and optical DSPs, but stretched valuation and client concentration risks loom ahead of Q1 results.

https://www.zacks.com/stock/news/2744719/credo-technology-to-report-q1-earnings-how-to-play-the-stock

Credo Technology Group Unusual Options Activity For August 28 - 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 17 trades.

https://www.benzinga.com/insights/options/25/08/47387014/credo-technology-group-unusual-options-activity-for-august-28

Is Credo's Optical DSP Business Set to Spur Growth & Revenue Momentum?

CRDO's optical DSP momentum builds with new design wins and record efficiency gains. Its total revenues are expected to top $800 million in fiscal 2026.

https://www.zacks.com/stock/news/2743347/is-credos-optical-dsp-business-set-to-spur-growth-revenue-momentum

CRDO vs. AVGO: Which Data Center Connectivity Stock is the Better Buy?

Credo surges on AI-driven data center growth while Broadcom leverages scale and custom accelerators to power its semiconductor dominance.

https://www.zacks.com/stock/news/2742277/crdo-vs-avgo-which-data-center-connectivity-stock-is-the-better-buy

Trending Today

Stellar ($XLM) Crypto Forecast: Up 5.0% Today

Solana ($SOL) Crypto Forecast: Up 5.1% Today

Cardano ($ADA) Crypto Forecast: Up 5.0% Today

Dogecoin ($DOGE) Crypto Forecast: Up 5.0% Today

Pendle ($PENDLE) Crypto Forecast: Up 5.3% Today

Polkadot ($DOT) Crypto Forecast: Up 5.1% Today

Sei ($SEI) Crypto Forecast: Up 5.3% Today

Cytokinetics, Incorporated ($CYTK) Stock Forecast: Down 6.3% Today

PayPal Holdings Inc. ($PYPL) Stock Forecast: Up 3.0% Today

Crowdstrike Holdings Inc. ($CRWD) Stock Forecast: Up 0.7% Today

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.

29.06.2025 - CRDO Stock was up 5.1%

• CRDO's bullish movement today could be attributed to the comparison with other technology stocks, such as IBM, showcasing its outperformance in the sector.
• The competition between CRDO and ALAB in the high-speed connectivity market may have sparked investor interest, with CRDO potentially being viewed as having more upside potential.
• The focus on dominating AI-driven data centers aligns with the current market trend towards increased reliance on artificial intelligence and data processing, further boosting CRDO's stock performance.

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.