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

Morpher AI identified a bullish signal. The stock price may continue to rise based on the momentum of the good news.

What is Credo Technology Group?

Credo Technology Group (CRDO) Market: Credo Technology Group (CRDO) had a strong bullish movement today.

Why is Credo Technology Group going up?

CRDO stock is up 5.1% on Nov 28, 2025 18:35

  • 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.

CRDO Price Chart

CRDO Technical Analysis

CRDO News

Is Credo Technology a Buy, Sell, or Hold Ahead of Q2 Earnings Release?

CRDO's fiscal Q2 2026 hinges on strong AEC and optical demand, but competition, customer reliance and macro uncertainty keep the outlook cautious.

https://www.zacks.com/stock/news/2797022/is-credo-technology-a-buy-sell-or-hold-ahead-of-q2-earnings-release

0 Missing News Article Image Is Credo Technology a Buy, Sell, or Hold Ahead of Q2 Earnings Release?

Credo Technology Likely To Report Higher Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call - Credo Technology Group ( NASDAQ:CRDO )

Credo Technology Group Holding Ltd ( NASDAQ:CRDO ) will release earnings results for the second quarter after the closing bell on Monday, Dec. 1. Analysts expect the China-based company to report quarterly earnings at 50 cents per share, up from 7 cents per share in the year-ago period.

https://www.benzinga.com/analyst-stock-ratings/price-target/25/11/49082165/credo-technology-likely-to-report-higher-q2-earnings-these-most-accurate-analy

1 News Article Image Credo Technology Likely To Report Higher Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call - Credo Technology Group  ( NASDAQ:CRDO )

Strength Seen in Credo Technology Group ( CRDO ) : Can Its 13.0% Jump Turn into More Strength?

Credo Technology Group (CRDO) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

https://www.zacks.com/stock/news/2795482/strength-seen-in-credo-technology-group-crdo-can-its-130-jump-turn-into-more-strength

2 Missing News Article Image Strength Seen in Credo Technology Group  ( CRDO ) : Can Its 13.0% Jump Turn into More Strength?

Credo Technology Group Price History

11.10.2025 - CRDO Stock was down 5.0%

  • Despite a recent 38% increase fueled by AI data center demand, CRDO could not maintain its upward momentum, with concerns over its high valuation and risks related to hyperscalers impacting its performance.
  • The market downturn may be attributed to investors selling off their shares to secure profits, showing hesitancy towards the stock's short-term potential despite recent positive developments.
  • The shift in market sentiment towards CRDO aligns with the overall cautious attitude towards tech stocks, resulting in a sell-off amid uncertainties surrounding the company's future growth trajectory.

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.

11.10.2025 - CRDO Stock was down 6.4%

  • Credo Technology Group (CRDO) faced a strong bearish movement as investors with significant capital took a bearish stance on the stock.
  • Despite a recent 38% surge driven by AI data center demand, concerns over a lofty valuation and risks from hyperscalers have tempered near-term upside potential.
  • The bearish sentiment towards CRDO could be a result of profit-taking by investors following the recent surge or a shift in market sentiment towards the technology sector.
  • It's essential for investors to monitor how CRDO navigates these challenges and whether it can sustain its growth momentum amidst market fluctuations.

04.10.2025 - CRDO Stock was down 6.3%

  • Despite expectations of beating earnings estimates, CRDO faced a bearish trend, possibly due to profit-taking by investors after a previous positive run.
  • The bullish sentiment in the options market for CRDO did not translate into a positive stock movement, indicating a disconnect between options activity and actual stock performance.
  • Strong earnings reports from competitors like Atlassian, AMETEK, and Tyler Technologies may have shifted investor focus away from CRDO, leading to the bearish movement.
  • Market dynamics and external factors could have influenced CRDO's stock performance, highlighting the importance of considering various elements beyond earnings estimates in trading decisions.

04.10.2025 - CRDO Stock was down 7.3%

  • The bullish stance taken by whales on Credo Technology Group might have initially sparked optimism in the market, but the subsequent decline in stock price suggests that other factors came into play.
  • The impressive earnings surprise history of CRDO could have raised expectations among investors, leading to a bearish reaction when the market movement did not meet these high expectations.
  • The overall negative sentiment in the tech sector, as evidenced by a peer's stock decline and revenue fall, could have influenced investors to sell off CRDO shares, contributing to the bearish movement.
  • Despite the bullish options market dynamics for CRDO, the broader market conditions and possibly profit-taking behavior might have outweighed this positive sentiment, resulting in the bearish trend observed today.

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.

21.10.2025 - CRDO Stock was down 18.6%

  • Despite the positive trend of robust revenue and margins, the downward movement in CRDO's stock today could be attributed to profit-taking by investors post a period of strong growth.
  • The optimistic bets on CRDO options by market whales and high-net-worth individuals suggest confidence in the company's future prospects, potentially bolstering the stock price in the short run.
  • The market reactions might be linked to broader economic influences or sector changes, causing a momentary decline in CRDO's stock price despite its robust financial performance in fiscal 2026.

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.

18.10.2025 - CRDO Stock was down 5.0%

  • Market sources indicate notable bullish sentiment from large investors regarding CRDO options.
  • Despite this, the stock displayed significant bearish movement today.
  • The unexpected downward trend may be linked to substantial bearish bets placed by high-wealth investors on CRDO options.
  • This divergence in perspectives suggests a possible shift in market sentiment or unforeseen negative occurrences within CRDO, affecting its stock price.
  • Investors are advised to vigilantly observe ongoing developments and market indicators to evaluate the future trajectory of CRDO's stock.

07.10.2025 - CRDO Stock was down 10.5%

  • CRDO might have experienced a bearish movement due to profit-taking after a recent surge in its stock price.
  • The positive earnings reports from other tech companies like GEN, MTSI, and SMCI may have shifted investor focus away from CRDO.
  • Investors could be concerned about CRDO's performance compared to its peers, especially with the strong earnings reported by companies like GEN and MTSI.
  • The overall market sentiment towards tech stocks today might have influenced the bearish movement in CRDO, despite the positive earnings and revenue reports from another company.

06.10.2025 - CRDO Stock was down 5.5%

  • The bearish movement in CRDO could be due to profit-taking by investors after a recent price surge.
  • Strong earnings reports from MTSI, KE, JKHY, and QLYS may have shifted investor focus away from CRDO, leading to a sell-off.
  • SMCI's revenue decline and negative free cash flow could have raised concerns about the overall tech sector's performance, impacting CRDO's stock negatively.
  • The softer auto demand mentioned in KE's report might have signaled potential challenges for tech companies like CRDO that serve the automotive industry, contributing to the bearish movement.

05.10.2025 - CRDO Stock was up 5.2%

  • CRDO's bullish movement could be attributed to a decrease in short interest, indicating reduced bearish sentiment among investors.
  • The bullish stance taken by whales in the options market might have contributed to the positive momentum in CRDO's stock.
  • Unlike some competitors like Navitas (NVTS) experiencing revenue declines, CRDO's positive market movement could be linked to favorable earnings and revenue performance, potentially exceeding market expectations.
  • Overall, CRDO's strong bullish movement today could be a result of improved investor sentiment driven by positive earnings and outlook, contrasting with the negative performance of other companies in the sector.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.