Credo Technology Group Holding Ltd. (CRDO)
NASDAQ (NGS) NASDAQ (NGS) Primary 
XMEX 
Credo Technology price target raised to $80 from $32 at Barclays
Barclays analyst Tom O'Malley raised the firm's price target on Credo Technology to $80 from $32 and keeps an Overweight rating on the shares. The firm says strong Active Electrical Cable demand is driving a material upward revision to fiscal 2025 and 2026 numbers. An AEC inflection has finally been reached, the analyst tells investors in a research note.
BofA double upgrades Credo Technology to Buy on growth inflection
BofA double upgraded Credo Technology to Buy from Underperform with a price target of $80, up from $27, following a "solid beat and material raise earnings call." Credo is translating sales growth to a better earnings growth model, and its outlook suggests the start of a multi-year adoption cycle for its Active Electrical Cable product that enables power efficient artificial intelligence clusters, the analyst tells investors in a research note. The firm sees the company driving a strong second half of fiscal 2025, driven by strong AI growth at Amazon Web Services, a key customer at Credo.
Credo Technology Group Holding Ltd (CRDO) Q2 2025 Earnings Call Transcript
Credo Technology Group Holding Ltd (NASDAQ:CRDO ) Q2 2025 Earnings Conference Call December 2, 2024 5:00 PM ET Company Participants Dan O'Neil - VP, Corporate Development and IR Bill Brennan - CEO Dan Fleming - CFO Conference Call Participants Toshiya Hari - Goldman Sachs Thomas O'Malley - Barclays Quinn Bolton - Needham & Company Tore Svanberg - Stifel Vivek Arya - Bank of America Securities Suji Desilva - ROTH Capital Vijay Rakesh - Mizuho Joshua Buchalter - TD Cowen Karl Ackerman - BNP Operator Good day, and thank you for standing by. Welcome to the Credo Second Quarter Fiscal Year 2025 Earnings Conference Call.
Credo Technology Group Holding Ltd. (CRDO) Q2 Earnings and Revenues Top Estimates
Credo Technology Group Holding Ltd. (CRDO) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.05 per share.
These Three Stocks Have Worked Their Way To All-Time Highs
SPX Technologies, SkyWest and Credo Technology Group are making new highs and are in buy zones.
AI Stock Credo Breaks Out Past Latest Buy Point
Artificial intelligence leader Credo is breaking out this week past its latest buy point. The AI stock is in a new buy range.
The AI Data Center Boom Is On – And This Small Cap Stock Is Set to Benefit
In the video clip below from a recent episode of The AI Investor Podcast from 24/7 Wall St.
Credo Technology: Share Price Sell-Off Presents An Attractive Entry Point
I maintain a buy rating on Credo Technology Group. CRDO reported robust 1Q25 earnings, with a 70% y/y revenue increase and significant margin improvements. The long-term growth outlook remains strong, driven by increasing demand for faster data transmission and CRDO's dominant market position in active electrical cables.
Credo Technology Group Holding Ltd (CRDO) Q1 2025 Earnings Call Transcript
Credo Technology Group Holding Ltd (NASDAQ:CRDO ) Q1 2025 Earnings Conference Call September 4, 2024 5:00 PM ET Company Participants Dan O'Neil - Vice President, Corporate Development and Investor Relations Bill Brennan - President and Chief Executive Officer Dan Fleming - Chief Financial Officer Conference Call Participants Toshiya Hari - Goldman Sachs Tore Svanberg - Stifel Suji Desilva - ROTH Capital Sean O'Loughlin - TD Cowen Karl Ackerman - BNP Paribas Thomas O'Malley - Barclays Quinn Bolton - Needham Richard Shannon - Craig-Hallum Operator Ladies and gentlemen thank you for standing by. At this time, all participants are in a listen-only mode.
Credo Technology Group Holding Ltd. (CRDO) Meets Q1 Earnings Estimates
Credo Technology Group Holding Ltd. (CRDO) came out with quarterly earnings of $0.04 per share, in line with the Zacks Consensus Estimate.
IPO Stock Of The Week: AI Leader Credo Retakes Key Level
IPO Stock Of The Week: AI stock Credo regained a key level this week with a bullish bounce, as the market continues to rebound.
Credo Technology: AI Revenue Doubling In FY25; Initiate With 'Buy'
Credo Technology is a leader in the high-speed connectivity market, with AI and data center expansions driving rapid business growth. I anticipate Credo doubling AI related revenue by FY25, with comprehensive Ethernet connectivity solutions positioning the company for significant growth. I'm initiating with a 'Buy' rating, with a one-year price target of $35 per share, expecting over 70% year-over-year revenue growth in Q1 FY25.
