New insider activity at Credo Technology Group Holding Ltd ( (CRDO) ) has taken place on June 12, 2025.
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James Laufman, the Chief Legal Officer and Secretary of Credo Technology Group Holding Ltd, recently executed a significant transaction by selling 10,000 shares of the company’s stock. This sale amounted to a total value of $715,300.
Recent Updates on CRDO stock
In the last 24 hours, Credo Technology Group Holding Ltd. (CRDO) experienced significant positive developments following its Q4 earnings call. The company reported record-breaking revenue growth, with fiscal year 2025 revenue reaching $437 million, a 126% increase year-over-year, and Q4 revenue alone rising by 180% compared to the previous year. This impressive performance was driven by strong market positioning, customer diversification, and innovation in high-speed connectivity solutions. Analysts from several firms, including BofA, TD Cowen, Susquehanna, and Stifel, raised their price targets for Credo, citing the company’s substantial topline beat, improved customer diversification, and robust guidance for future quarters. The positive outlook is supported by Credo’s strategic focus on expanding its hyperscaler customer base and maintaining high gross margins. Despite concerns over tariffs and rising inventory levels, the company’s financial health and growth prospects remain strong, contributing to the upward revisions in price targets.
Spark’s Take on CRDO Stock
According to Spark, TipRanks’ AI Analyst, CRDO is a Neutral.
Credo Technology Group’s stock demonstrates strong revenue growth and positive technical momentum, but faces challenges with profitability and cash flow management. The high P/E ratio and customer concentration risks pose valuation concerns. Despite these challenges, the company’s innovations and strategic initiatives provide a positive outlook.
To see Spark’s full report on CRDO stock, click here.
More about Credo Technology Group Holding Ltd
YTD Price Performance: 1.00%
Average Trading Volume: 4,779,078
Technical Sentiment Signal: Buy
Current Market Cap: $11.64B
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