$43.04
1.47% yesterday
Nasdaq, Apr 28, 10:00 pm CET
ISIN
KYG254571055
Symbol
CRDO
Sector
Industry

Credo Technology Group Stock News

Positive
Seeking Alpha
7 days ago
Credo's revenue growth is accelerating due to strong product adoption by hyperscalers, and a shift from AI training to inference workloads is another growth catalyst. The company is well-positioned for margin expansion through scale-driven operating leverage effects. I estimate another 500-600bps of EBIT margin improvement potential over the next few quarters. Valuations have moderated sharply ...
Positive
Seeking Alpha
20 days ago
Credo Technology's stock possesses all the hallmarks of a "Strong Buy": robust revenue growth momentum, impressive operating leverage, and a fortress balance sheet. The company benefits from high demand for its high-speed connectivity solutions, driven by the ongoing AI investment spree and digital revolution. Risks include high revenue concentration from Amazon and potential impacts from geopo...
Neutral
The Motley Fool
21 days ago
Shares of new artificial intelligence (AI) winners Marvell Technologies (MRVL 2.67%), Credo Technologies (CRDO 7.57%), and Nebius Group (NBIS 4.07%) plunged in March, down 32.9%, 27.2%, and 35%, respectively, according to data from S&P Global Market Intelligence.
Neutral
Business Wire
28 days ago
SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Unveils the Lark Family - Setting a New Benchmark for Low-Power 800G Optical DSPs.
Positive
Seeking Alpha
28 days ago
Credo Technology Group's AEC market growth, driven by cloud partnerships, supports a 217% stock price increase, warranting a valuation assessment. AECs offer power efficiency and cost benefits over alternatives, with a projected 78% CAGR, benefiting Credo amid rising cloud AI infrastructure investments. Despite competition from Astera Labs and Marvell, Credo's strong growth and key customer rel...
Neutral
Business Wire
about one month ago
SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Technology Group Holding Ltd (Credo) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved reliability and energy efficiency, has been recognized as a winner of the 2025 Top Workplaces USA award, co-sponsored by Energage and USA TODAY. This award reflects Credo's commitment to fostering a workplace cult...
Neutral
Business Wire
about one month ago
SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO) an innovator in providing secure, high-speed connectivity solutions that deliver improved reliability and energy efficiency, will showcase its latest optical solutions at the 50th Optical Fiber Communications (OFC) Conference, taking place April 1-3, 2025 at the Moscone Center in San Francisco. At OFC 2...
Neutral
Seeking Alpha
about one month ago
Credo is a leading developer of Active Electrical Cables (“AECs”) which are advanced cables that are critical in high-speed data transmission making it well positioned in the AI revolution. The company has certain competitive advantages due to its SerDes technology. This can be seen in its high gross margins. Key risk facing Credo right now: most of its revenues come from a single client hypers...

Register for Free

StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.

The Apple stock at a glance with charts, current key metrics, news and stock analyses.
The Best Dividend Stocks in the Dividend Top Scorer list.
Stock Analyses of the Best Stocks Worldwide.
Start building wealth today