Credo Technology Group ($CRDO) Stock Forecast: Down 8.3% Today

What is Credo Technology Group?

Credo Technology Group (CRDO) is a technology company listed on the NASDAQ stock exchange. The company recently reported strong quarterly earnings, beating analyst expectations with significant revenue growth year-over-year.

Why is Credo Technology Group going down?

CRDO stock is down 8.3% on Jan 16, 2026 14:35

• The stock experienced a bearish movement of 4.9% following significant insider selling activities by key executives, totaling over $5 million in sales. This could have eroded investor confidence in the short term.
• Despite the insider selling, analysts continue to maintain a positive outlook on CRDO, with an average target price of $220.42, indicating a long-term bullish sentiment.
• The high Price-to-Earnings (P/E) ratio of 134.54, above the industry average, suggests that the stock might be perceived as overvalued, potentially contributing to the bearish movement as investors reassess the company's valuation.
• Overall, the combination of insider selling, positive analyst ratings, and the stock's high valuation compared to industry peers likely influenced the bearish movement in CRDO.

CRDO Price Chart

CRDO Technical Analysis

CRDO News

Insider Selling: Credo Technology Group (NASDAQ:CRDO) Director Sells $350,196.00 in Stock

Credo Technology Group director Sylvia Acevedo sold 2,200 shares of CRDO stock for $350,196 on January 13th, reducing her stake by 10.60%. This transaction follows a previous sale in December. Despite the insider selling, analysts maintain an average "Buy" rating for CRDO, with a consensus target price of $220.42, after the company reported strong quarterly earnings.

https://www.marketbeat.com/instant-alerts/insider-selling-credo-technology-group-nasdaqcrdo-director-sells-35019600-in-stock-2026-01-15/

Credo Technology Group (NASDAQ:CRDO) Shares Down 4.9% on Insider Selling

Credo Technology Group (NASDAQ:CRDO) shares dropped by 4.9% following significant insider selling by its CTO, Director, and CFO, totaling over $5 million in sales. Despite this, analysts maintain a "Buy" consensus rating with an average target price of $220.42, and the company recently reported strong quarterly earnings, beating estimates with $0.67 EPS and revenue up 272% year-over-year. The stock has a market cap of approximately $26.94 billion and a P/E ratio of 130.8.

https://www.marketbeat.com/instant-alerts/credo-technology-group-nasdaqcrdo-shares-down-49-on-insider-selling-2026-01-15/

Rakuten Securities Inc. Acquires 10,437 Shares of Credo Technology Group Holding Ltd. $CRDO

Rakuten Securities Inc. significantly increased its stake in Credo Technology Group Holding Ltd. (NASDAQ:CRDO) by 209.6% in the third quarter, purchasing an additional 10,437 shares. Despite recent insider selling activities totaling over $167 million, analysts maintain a "Buy" consensus rating for Credo, with an average target price of $217.08. The company recently reported strong quarterly earnings, beating analyst expectations with $0.67 EPS and a 272.1% increase in revenue year-over-year.

https://www.marketbeat.com/instant-alerts/filing-rakuten-securities-inc-acquires-10437-shares-of-credo-technology-group-holding-ltd-crdo-2026-01-15/

Nisa Investment Advisors LLC Purchases 8,520 Shares of Credo Technology Group Holding Ltd. $CRDO

Nisa Investment Advisors LLC significantly increased its stake in Credo Technology Group Holding Ltd. (NASDAQ:CRDO) by 231.3% in the third quarter, now holding 12,204 shares valued at $1.78 million. This comes despite recent negative sentiment due to significant insider selling by the CEO and COO, who offloaded a combined 420,000 shares for over $65 million. However, analysts maintain a broadly positive outlook on CRDO, with an average price target of $217.08 and primarily "Buy" or "Strong Buy" ratings, following the company's "blowout" Q3 earnings, which saw revenue jump 272.1% year-over-year and beat EPS estimates.

https://www.marketbeat.com/instant-alerts/filing-nisa-investment-advisors-llc-purchases-8520-shares-of-credo-technology-group-holding-ltd-crdo-2026-01-14/

Price Over Earnings Overview: Credo Technology Group

This article analyzes Credo Technology Group Holding Ltd. (NASDAQ: CRDO) stock performance and its Price-to-Earnings (P/E) ratio. The stock has seen significant increases over the past month and year, trading at $163.37 after a 4.68% increase. The article notes that Credo Technology Group's P/E ratio of 134.54 is higher than the Semiconductors & Semiconductor Equipment industry average of 102.8, suggesting it might be overvalued or expected to perform better than its peers.

https://www.sahmcapital.com/news/content/price-over-earnings-overview-credo-technology-group-2026-01-13

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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.

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.

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.

16.00.2026 - CRDO Stock was down 8.3%

• The stock experienced a bearish movement of 4.9% following significant insider selling activities by key executives, totaling over $5 million in sales. This could have eroded investor confidence in the short term.
• Despite the insider selling, analysts continue to maintain a positive outlook on CRDO, with an average target price of $220.42, indicating a long-term bullish sentiment.
• The high Price-to-Earnings (P/E) ratio of 134.54, above the industry average, suggests that the stock might be perceived as overvalued, potentially contributing to the bearish movement as investors reassess the company's valuation.
• Overall, the combination of insider selling, positive analyst ratings, and the stock's high valuation compared to industry peers likely influenced the bearish movement in CRDO.

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.

13.00.2026 - CRDO Stock was up 5.1%

• The stock of Credo Technology Group (CRDO) experienced a strong bullish movement, rising by 3.8% to $156.07.
• Despite the positive market response to the blowout quarter and analyst consensus of a "Buy" rating with an average price target of $217.08, significant insider selling by top executives, including the CTO and CFO, has raised concerns among investors.
• The company's participation in the AI-chip trade and upcoming presentation at Needham & Company’s Growth Conference have fueled investor optimism, but risks such as a potential slowdown in AI spending or increased competition could impact its performance.
• The substantial increase in institutional ownership by SG Americas Securities LLC and continued hedge fund interest indicate confidence in Credo's growth potential, despite the insider selling activity dampening some investor enthusiasm.

14.00.2026 - CRDO Stock was down 6.5%

• Despite strong Q3 earnings with a 272% year-over-year revenue increase, the stock faced downward pressure due to substantial insider selling by the CEO, COO, and CTO, amounting to millions of dollars, sparking concerns among investors about the company's future.
• Institutional investors such as Nisa Investment Advisors LLC and SG Americas Securities LLC notably augmented their stakes in CRDO, signaling confidence in its long-term potential. However, the divergence between insider selling and institutional buying could have influenced the stock's volatility.
• The upcoming Needham & Company's Growth Conference, featuring Credo, might impact investor sentiment should the company deliver a compelling outlook on its AI-driven semiconductor products. Additionally, market observers are awaiting Taiwan Semiconductor Manufacturing Co's earnings report to gain insights into AI chip demand, potentially affecting CRDO's stock performance.

13.00.2026 - CRDO Stock was up 5.2%

• The surge in CRDO stock is a result of its outstanding quarter, exceeding EPS and revenue forecasts and demonstrating significant growth in business operations.
• Despite concerns raised by insider selling, market sentiment remains positive due to strong analyst ratings and price targets.
• The stock's upward trend is influenced by interest from hedge funds, an upcoming presentation at Needham & Company’s Growth Conference, and the enthusiasm for AI-driven semiconductors.
• While there are some concerns about overvaluation, the sustained demand for Credo's high-speed connectivity solutions in the AI sector, recognized by investment banks like BofA and Barclays, reinforces a optimistic outlook for the company.