Credo Technology Group ($CRDO) Stock Forecast: Up 5.1% Today

What is Credo Technology Group?

Credo Technology Group Holding Ltd. (CRDO) is a high-speed connectivity company experiencing explosive revenue growth, particularly in its active electrical cable (AEC) business, driven by the rapid build-out of AI training and inference clusters.

Why is Credo Technology Group going up?

CRDO stock is up 5.1% on Jan 20, 2026 19:16

• CRDO's strong bullish movement today can be attributed to its impressive Q2 FY26 performance, with a 272% year-over-year revenue increase, fueled by record execution in core businesses and the expansion of connectivity solutions.
• The company's positive growth outlook, new growth pillars, and upwardly revised earnings estimates have positioned CRDO favorably compared to its competitors, leading to a "Strong Buy" rating by a reputable financial analysis firm.
• Despite substantial insider selling by key executives and institutional investors acquiring shares, the market remains bullish on CRDO, supported by strong earnings beats and analyst expectations.
• The overall market sentiment towards CRDO is optimistic, with analysts maintaining a bullish outlook and a target price of $220.42, reflecting confidence in the company's growth trajectory.

CRDO Price Chart

CRDO Technical Analysis

CRDO News

What's Driving Credo's Explosive Revenue Growth in FY26?

Credo Technology Group Holding Ltd. (CRDO) is experiencing explosive revenue growth, with a 272% year-over-year increase in Q2 FY26, driven by record execution in its core businesses and the expansion of its connectivity solutions, particularly its active electrical cable (AEC) business. The company's solutions are central to the rapid build-out of AI training and inference clusters, securing strong demand for its AECs, integrated circuits, retimers, and optical DSPs. Credo anticipates continued momentum and significant revenue growth through fiscal 2026, with a Zacks Rank #1 (Strong Buy).

https://www.tradingview.com/news/zacks:2bfdec810094b:0-what-s-driving-credo-s-explosive-revenue-growth-in-fy26/

CRDO vs. ALAB: Which High Speed Connectivity Stock Is the Smarter Buy?

The article compares Credo Technology Group (CRDO) and Astera Labs (ALAB), two high-speed connectivity companies, in the context of the growing AI infrastructure market. It delves into their fundamentals, valuations, growth outlooks, and risks. While both are well-positioned, CRDO is currently favored as a "Strong Buy" by Zacks due to its new growth pillars, cash strength, and upwardly revised earnings estimates, compared to ALAB's "Hold" rating.

https://www.tradingview.com/news/zacks:91f5ab150094b:0-crdo-vs-alab-which-high-speed-connectivity-stock-is-the-smarter-buy/

Credo Technology Group (NASDAQ:CRDO) Passes Key Growth Stock Screen

Credo Technology Group (NASDAQ:CRDO) has passed a key growth stock screen based on Louis Navellier's "The Little Book That Makes You Rich" framework, demonstrating strong earnings and sales growth. The company reported significant increases in revenue (224% year-over-year) and EPS (713% year-over-year), along with positive earnings surprises and upward analyst revisions. While valuation is high, its profitability and financial health, including a clean balance sheet, support the growth narrative.

https://www.chartmill.com/news/CRDO/Chartmill-40075-Credo-Technology-Group-NASDAQCRDO-Passes-Key-Growth-Stock-Screen

Stephens Inc. AR Sells 12,174 Shares of Credo Technology Group Holding Ltd. $CRDO

Stephens Inc. AR significantly reduced its stake in Credo Technology Group Holding Ltd. (NASDAQ:CRDO) by 62.3% in Q3, selling 12,174 shares. This move comes amid substantial insider selling by CEO William Brennan and COO Yat Tung Lam, totaling over $65 million in recent months. Despite the insider sales, analysts maintain a bullish outlook on CRDO, with an average "Buy" rating and a target price of $220.42, following a strong earnings beat in the last quarter.

https://www.marketbeat.com/instant-alerts/filing-stephens-inc-ar-sells-12174-shares-of-credo-technology-group-holding-ltd-crdo-2026-01-19/

16,800 Shares in Credo Technology Group Holding Ltd. $CRDO Acquired by Franchise Capital Ltd

Franchise Capital Ltd recently acquired 16,800 shares of Credo Technology Group Holding Ltd. (NASDAQ:CRDO) for approximately $2.45 million, making it their tenth-largest holding. This comes amidst significant insider selling, with the COO and CEO selling shares worth millions, while institutional investors now own about 80.46% of the company. Credo Technology Group also reported strong Q3 earnings, beating analyst expectations with $0.67 EPS and $268 million in revenue, leading analysts to maintain a "Buy" rating with an average price target of $220.42.

https://www.marketbeat.com/instant-alerts/filing-16800-shares-in-credo-technology-group-holding-ltd-crdo-acquired-by-franchise-capital-ltd-2026-01-16/

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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.

20.00.2026 - CRDO Stock was up 5.1%

• CRDO's recent bullish performance is supported by its new growth initiatives, solid financial position, and increased earnings forecasts, leading to a "Strong Buy" recommendation by Zacks.
• Despite significant insider sales by the CEO and COO, industry analysts and institutional investors maintain an optimistic view on CRDO, with a favorable target price and consistent "Buy" recommendations.
• The purchase of CRDO's shares by Franchise Capital Ltd and positive earnings surprises have bolstered investor trust, contributing to a rise in the stock price.
• The different actions taken by insiders and institutional investors, together with stock reductions by Concurrent Investment Advisors LLC, introduce an intriguing element to the overall positive sentiment surrounding CRDO.

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.

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.

20.00.2026 - CRDO Stock was up 5.1%

• CRDO's strong bullish movement today can be attributed to its impressive Q2 FY26 performance, with a 272% year-over-year revenue increase, fueled by record execution in core businesses and the expansion of connectivity solutions.
• The company's positive growth outlook, new growth pillars, and upwardly revised earnings estimates have positioned CRDO favorably compared to its competitors, leading to a "Strong Buy" rating by a reputable financial analysis firm.
• Despite substantial insider selling by key executives and institutional investors acquiring shares, the market remains bullish on CRDO, supported by strong earnings beats and analyst expectations.
• The overall market sentiment towards CRDO is optimistic, with analysts maintaining a bullish outlook and a target price of $220.42, reflecting confidence in the company's growth trajectory.

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.

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.