Credo Technology Approves Key Proposals at AGM

Credo Technology Group Holding Ltd ( (CRDO) ) just unveiled an update.

On October 13, 2025, Credo Technology Group Holding Ltd held its Annual General Meeting where shareholders voted on key proposals. These included the election of three Class I directors, approval of executive compensation, and ratification of Ernst & Young LLP as the independent auditor for the fiscal year ending May 2, 2026. All proposals were approved, indicating shareholder support for the company’s current leadership and strategic direction.

The most recent analyst rating on (CRDO) stock is a Buy with a $170.00 price target. To see the full list of analyst forecasts on Credo Technology Group Holding Ltd stock, see the CRDO Stock Forecast page.

Spark’s Take on CRDO Stock

According to Spark, TipRanks’ AI Analyst, CRDO is a Outperform.

Credo Technology Group’s strong financial performance and positive earnings call are the most significant factors driving its stock score. However, the high P/E ratio and mixed technical indicators present some risks. The company’s robust growth outlook and strategic market positioning provide a positive long-term perspective, but valuation concerns may weigh on short-term performance.

To see Spark’s full report on CRDO stock, click here.

More about Credo Technology Group Holding Ltd

Credo Technology Group Holding Ltd operates in the technology industry, focusing on providing advanced semiconductor solutions. The company is known for its high-speed connectivity solutions, serving various market segments that require efficient data transfer and processing capabilities.

Average Trading Volume: 5,350,496

Technical Sentiment Signal: Buy

Current Market Cap: $22.73B

Learn more about CRDO stock on TipRanks’ Stock Analysis page.