New insider activity at Credo Technology Group Holding Ltd ( (CRDO) ) has taken place on September 9, 2025.
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James Laufman, the Chief Legal Officer and Secretary of Credo Technology Group Holding Ltd, has executed a significant transaction by selling 10,000 shares of the company’s stock. This sale was valued at a substantial $1,400,000.
Recent Updates on CRDO stock
Credo Technology Group Holding Ltd. experienced a significant stock price increase of 12.7% to $140.61 following its Q1 earnings call, which revealed impressive revenue growth and strategic market expansions. The company reported a record Q1 revenue of $223 million, marking a 31% sequential increase and a 274% year-over-year growth, alongside strong non-GAAP financial metrics. Analysts have raised their price targets for Credo, citing the company’s strong performance, strategic positioning in emerging markets, and successful expansion of its AEC and optical business segments. Despite challenges such as nonlinear growth patterns and inventory increases, the company’s robust guidance and positive outlook for future growth have contributed to the optimistic sentiment. The price target changes reflect Credo’s ability to sustain core business growth at a 25%-30% annual pace and its diversification of the customer base, which is expected to broaden its total addressable market.
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 outlook are the primary drivers of its stock score. The company’s robust revenue growth and strategic market positioning are significant strengths. However, the high P/E ratio suggests potential overvaluation, and technical indicators point to possible overbought conditions, which could lead to short-term volatility.
To see Spark’s full report on CRDO stock, click here.
More about Credo Technology Group Holding Ltd
YTD Price Performance: 107.99%
Average Trading Volume: 5,075,124
Technical Sentiment Signal: Buy
Current Market Cap: $24.36B