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Credo Technology Group ($CRDO) Stock Forecast: Down 6.4% Today

Morpher AI identified a bearish signal. The stock price may continue to fall based on the momentum of the negative news.

What is Credo Technology Group?

Credo Technology Group (NASDAQ: CRDO) is a technology company experiencing a bearish market movement today.

Why is Credo Technology Group going down?

CRDO stock is down 6.4% on Nov 11, 2025 19:46

  • 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.

CRDO Price Chart

CRDO Technical Analysis

CRDO News

This Is What Whales Are Betting On Credo Technology Group - Credo Technology Group ( NASDAQ:CRDO )

Investors with a lot of money to spend have taken a bearish stance on Credo Technology Group ( NASDAQ:CRDO ) . We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, ...

https://www.benzinga.com/insights/options/25/11/48786834/this-is-what-whales-are-betting-on-credo-technology-group

0 News Article Image This Is What Whales Are Betting On Credo Technology Group - Credo Technology Group  ( NASDAQ:CRDO )

Credo Technology Up 38% in Three Months: Can the Stock Climb Higher?

CRDO's 38% surge rides AI data center demand, but lofty valuation and hyperscaler risks temper near-term upside.

https://www.zacks.com/stock/news/2788395/credo-technology-up-38-in-three-months-can-the-stock-climb-higher

1 Missing News Article Image Credo Technology Up 38% in Three Months: Can the Stock Climb Higher?

Gen Digital Q2 Earnings Surpass Expectations, Revenues Rise Y/Y

GEN's strong Q2 earnings and 25% revenue jump highlight surging demand for its AI-driven cyber safety tools.

https://www.zacks.com/stock/news/2787899/gen-digital-q2-earnings-surpass-expectations-revenues-rise-yy

2 Missing News Article Image Gen Digital Q2 Earnings Surpass Expectations, Revenues Rise Y/Y

IREN Shares Slip 12% on Q1 Earnings Miss, Revenues Rise Q/Q

IREN shares fall after Q1 earnings miss estimates, but soaring revenues, stronger liquidity, and bold AI targets hint at growth ahead.

https://www.zacks.com/stock/news/2787893/iren-shares-slip-12-on-q1-earnings-miss-revenues-rise-qq

3 Missing News Article Image IREN Shares Slip 12% on Q1 Earnings Miss, Revenues Rise Q/Q

MTSI Q4 Earnings Surpass Expectations, Revenues Rise Y/Y

MACOM Technology's Q4 earnings and revenues beat estimates with strong year-over-year growth and solid guidance for fiscal 2026.

https://www.zacks.com/stock/news/2787071/mtsi-q4-earnings-surpass-expectations-revenues-rise-yy

4 Missing News Article Image MTSI Q4 Earnings Surpass Expectations, Revenues Rise Y/Y

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.

24.09.2025 - CRDO Stock was up 7.6%

  • CRDO's soaring sales and innovation edge in the AI data center connectivity race likely contributed to the bullish movement.
  • The comparison with a competitor and the positive sentiment towards CRDO may have attracted investors.
  • The overall positive performance of related companies, with strong earnings and rising demand in key markets, could have boosted confidence in the sector, including CRDO.

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.

29.09.2025 - CRDO Stock was up 5.9%

  • CRDO experienced a strong bullish movement today, possibly driven by its soaring sales and innovation edge in the high-speed connectivity sector.
  • The comparison with ALAB might have also sparked investor interest in CRDO, highlighting its competitive position in the market.
  • Positive market sentiment towards semiconductor stocks, as seen with NXP Semiconductors and Lam Research beating expectations, could have further contributed to CRDO's bullish movement.

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.

31.09.2025 - CRDO Stock was up 8.0%

  • The bullish movement in CRDO could be attributed to the significant bullish approach adopted by deep-pocketed investors towards the company, as indicated by options market dynamics.
  • Positive earnings and revenue reports from other tech companies like Atlassian, AMETEK, Tyler Technologies, and Garmin may have contributed to overall sector optimism, boosting investor confidence in CRDO as well.
  • The strong performance of these tech companies, surpassing expectations and demonstrating growth in various sectors, could have created a positive sentiment in the tech industry, leading to increased interest and investment in CRDO.

29.09.2025 - CRDO Stock was up 6.4%

  • CRDO's bullish movement could be attributed to the positive sentiment surrounding high-speed connectivity stocks in the market.
  • A comparison analysis between CRDO and ALAB might have sparked investor interest in CRDO due to its soaring sales and innovation edge.
  • The overall performance of similar companies like Varonis and Lam Research, which reported strong earnings and revenue growth, could have positively influenced investor confidence in the tech sector, including CRDO.
  • Despite the mixed results from NXP Semiconductors, the outlook for modest growth in Q4 for the semiconductor industry as a whole could have contributed to the bullish movement in CRDO.

31.09.2025 - CRDO Stock was up 5.5%

  • Positive earnings and revenue reports from several companies in the tech sector could have boosted investor confidence in the industry.
  • Despite beating Q1 estimates, a company's dim Q2 EPS guidance might have caused uncertainty in the market, leading investors to seek more promising opportunities like CRDO.
  • A company's mixed Q3 results with falling revenues but a positive outlook for Q4 may have created a sense of cautious optimism among tech investors, contributing to CRDO's bullish movement.
  • The tech sector's performance today, including strong earnings, tempered guidance, and modest growth expectations, likely influenced the positive market sentiment that propelled CRDO's bullish movement.
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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.