$CRDO

Credo Technology Group Holding Ltd

6
7
2
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$18.5M
Cheng Chi Fung
91%
See all $CRDO insider activity →
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Credo Technology Group Holding Ltd Rallies on AI Hopes

Credo Technology Group Holding Ltd (CRDO) shares rose 12.66% in a week, recovering from a post-earnings drop. Investors reassessed its AI infrastructure market position, citing strong financials and demand for its products. Mizuho reaffirmed its Outperform rating but cut its price target to $245. The stock has strong analyst support with a consensus Strong Buy rating.

Credo, Seagate, General Dynamics, Grab, Kroger Insider Shocks

Insiders at Credo (CRDO), Seagate (STX), General Dynamics (GD), Grab (GRAB), and Kroger (KR) executed notable trades. Credo's CLO sold $925K shares, Seagate's CTO sold $8.2M, GD's director sold $2.6M, Grab's CEO bought $30M, and Kroger's director sold $4.4M.

Cheng Chi Fung sold $5.3M of CRDO (indirect holdings)

Cheng Chi Fung (Chief Technology Officer) sold 27,500 indirectly-held shares of Credo Technology Group Holding Ltd (CRDO) at an average of $193.12 ($190.03–$195.68, $5.31M total) across 7 trades on 2026-09-23 under a Rule 10b5-1 trading plan.

CRDO sentiment & insider activity

Over the past 7 days, AlphAI's AI scored 15 news stories mentioning CRDO (Credo Technology Group Holding Ltd). Coverage has skewed bullish: 6 bullish, 7 neutral, and 2 bearish.

Recent CRDO coverage spans financial news, insider activity and market movers.

In the last 30 days, CRDO insiders filed 23 SEC Form 4 transactions — no purchases and 23 sales ($18.5M). The most active reporter was Cheng Chi Fung, Chief Technology Officer, with 18 filings. 91% of those filings were made under pre-arranged Rule 10b5-1 plans.

What's driving CRDO

AlphAI scores every news story that mentions CRDO with an AI model for sentiment and relevance, and aggregates insider trades from Credo Technology Group Holding Ltd's SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $CRDO

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$CRDOMed

Credo Technology Group Holding Ltd Rallies on AI Hopes

Credo Technology Group Holding Ltd (CRDO) shares rose 12.66% in a week, recovering from a post-earnings drop. Investors reassessed its AI infrastructure market position, citing strong financials and demand for its products. Mizuho reaffirmed its Outperform rating but cut its price target to $245. The stock has strong analyst support with a consensus Strong Buy rating.

CRDO Stock Jumps As Earnings Beat Fuels AI Optics Story

Credo Technology Group Holding Ltd (CRDO) stock rose 7.37% after reporting strong Q1 FY27 earnings, with revenue of $479M (up 114.7% YoY) and EPS of $1.20. The company provided upbeat guidance, expecting Q2 revenue of $525M–$535M and maintaining high margins. Analysts remain bullish, citing strong fundamentals and AI-driven demand.

Credo Technology achieves PCI-SIG 6.x compliance for Toucan retimer, eyeing AI infrastructure boom

Credo Technology (CRDO) announced its Toucan Gen6x16 PCIe retimer passed PCI-SIG 6.x compliance testing at 64.0 GT/s. The device, built on a 7 nm process, supports CXL 3.x and is backward-compatible with earlier PCIe versions. It is designed for high-bandwidth environments like AI infrastructure, with low power consumption and latency. This follows an earlier compliance win at 32.0 GT/s in February 2026.

$CRDOMed

Why is Credo Technology stock rallying today?

Credo Technology (CRDO) shares rose 6.0% to $186.49 after analysts highlighted its optical networking solutions at ECOC 2026. Mizuho maintained an Outperform rating, lowering its target to $245, while Rosenblatt initiated coverage with a Buy and a $235 target. The stock trades 43% below its 52-week high despite 115% revenue growth, with consensus targets implying 61% upside.

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