Credo Technology Group ($CRDO) Stock Forecast: Down 5.9% Today

What is Credo Technology Group?

Credo Technology Group Holding (CRDO) is a tech company listed on NASDAQ with a market capitalization of $19.17 billion and a PE ratio of 57.73. The stock has shown volatility in its performance recently, with conflicting views on its valuation.

Why is Credo Technology Group going down?

CRDO stock is down 5.9% on Mar 26, 2026 18:36

• Despite surpassing earnings expectations and demonstrating a 201.5% year-over-year revenue increase, CRDO saw a 4.6% decrease in its stock price, settling at $100.30. Factors contributing to this decline may include:
• Recent insider selling totaling $57.5 million, potentially causing investor apprehension.
• Varied adjustments to price targets by analysts, resulting in uncertainty regarding the stock's future performance.
• SG Americas Securities LLC notably boosted its stake in CRDO by 960.8% in Q4, signaling confidence in the company's long-term outlook.
• Differing opinions on CRDO's valuation, with some suggesting it may be overvalued while others argue it is undervalued, potentially adding to the stock's volatility and downward trend. Investors are encouraged to thoroughly evaluate all perspectives before making investment decisions.

CRDO Price Chart

CRDO Technical Analysis

CRDO News

A Look At Credo Technology Group Holding (CRDO) Valuation After Recent Share Price Volatility

Credo Technology Group Holding (CRDO) has experienced recent stock volatility, showing a short-term gain but weaker monthly and quarterly performance. This article analyzes CRDO's valuation, presenting two conflicting views: Vestra’s narrative suggests the stock is 40.6% undervalued based on AI data center growth and product launches, while Simply Wall St's DCF model indicates it might be overvalued. Investors are encouraged to review both perspectives and consider underlying data and risks before making decisions.

https://simplywall.st/stocks/us/semiconductors/nasdaq-crdo/credo-technology-group-holding/news/a-look-at-credo-technology-group-holding-crdo-valuation-afte-3

Credo Technology Group Holding Ltd. $CRDO Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC significantly increased its stake in Credo Technology Group Holding Ltd. ($CRDO) by 960.8% in Q4, now holding 252,855 shares valued at approximately $36.38 million. This comes after Credo beat earnings expectations with $1.07 EPS and $407.0 million in revenue, representing a 201.5% year-over-year revenue increase. The company maintains a "Buy" rating from analysts with an average price target of $206.33, despite recent insider share sales.

https://www.marketbeat.com/instant-alerts/filing-credo-technology-group-holding-ltd-crdo-shares-bought-by-sg-americas-securities-llc-2026-03-26/

Credo Technology Group (NASDAQ:CRDO) Stock Price Up 3.6% - Time to Buy?

Credo Technology Group (NASDAQ:CRDO) shares rose 3.6% to $103.91 on Wednesday, with a market cap of $19.17 billion and a PE ratio of 57.73. Despite the pop, the stock remains below its 50-day and 200-day moving averages, and insiders have sold approximately 426,101 shares worth about $56 million in the last 90 days. Analysts maintain a consensus "Buy" rating with an average price target of $206.33.

https://www.marketbeat.com/instant-alerts/credo-technology-group-nasdaqcrdo-stock-price-up-36-time-to-buy-2026-03-25/

Is It Time To Reassess Credo Technology Group Holding (CRDO) After Its Multi Year Surge?

Credo Technology Group Holding (CRDO) has experienced significant share price fluctuations, including a 103.9% gain over the past year, prompting a reassessment of its valuation. A Discounted Cash Flow (DCF) analysis suggests the stock might be 11.9% overvalued, while a Price-to-Earnings (P/E) ratio comparison indicates it could be undervalued. The article highlights that different valuation methods and investor narratives can lead to varying fair value estimations for CRDO.

https://simplywall.st/stocks/us/semiconductors/nasdaq-crdo/credo-technology-group-holding/news/is-it-time-to-reassess-credo-technology-group-holding-crdo-a

Credo Technology Group (NASDAQ:CRDO) Shares Down 4.6% - Here's Why

Credo Technology Group (NASDAQ:CRDO) shares fell 4.6% on Tuesday, closing at $100.30 with trading volume 15% below average. This dip occurred despite the company beating quarterly earnings and revenue estimates significantly. However, recent insider selling totaling $57.5 million and varied price target adjustments from analysts may have contributed to the stock's decline.

https://www.marketbeat.com/instant-alerts/credo-technology-group-nasdaqcrdo-shares-down-46-heres-why-2026-03-24/

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Credo Technology Group Price History

20.02.2026 - CRDO Stock was down 5.3%

• The bearish movement in CRDO's stock price could be attributed to significant insider selling activity, including the CTO and CEO offloading a substantial number of shares, raising concerns among investors.
• Despite positive news of CRDO expanding its AI footprint with new product launches, such as the 800G ZeroFlap transceivers and DSP families, the market sentiment might have been overshadowed by the insider selling and high valuation concerns.
• Conflicting valuation models indicating both undervaluation and overvaluation of CRDO's stock could have added to the uncertainty and contributed to the downward pressure on the stock price.
• The market might have reacted negatively to the recent reduction in stock position by Connors Investor Services Inc. and the Cheng Huang Family Trust's sale of 27,500 Ordinary Shares, signaling a lack of confidence from institutional investors and insiders.

12.02.2026 - CRDO Stock was down 6.6%

• Magnetar Financial LLC and Victory Capital Management Inc. have both notably decreased their stakes in CRDO, signaling wavering confidence in the stock notwithstanding its favorable performance.
• Worries regarding potential gross-margin compression and customer concentration issues highlighted by management prompted an adverse investor response labeled as a "sell-the-news" reaction, influencing the bearish movement observed.
• Despite commendable quarterly outcomes and an analyst consensus suggesting a "Buy" rating, CRDO has been on a declining trajectory over the past 90 days, potentially linked to valuation apprehensions as previously discussed.
• The convergence of insider selling, institutional stake reductions, and concerns related to valuation could have collectively contributed to the bearish market behavior seen in relation to CRDO today.

16.02.2026 - CRDO Stock was down 5.0%

• Despite positive quarterly results and strong revenue growth, the significant increase in insider selling by various institutional investors and recent senior insiders' actions may have raised concerns among investors.
• The conflicting actions of institutional investors, with some increasing their stakes while others reducing their holdings, could have contributed to the bearish movement in CRDO's stock.
• The overall bullish sentiment from analysts, with a consensus "Buy" rating and a target price of $206.33, may indicate that the bearish movement could be a short-term market reaction to the insider selling and not reflective of the company's long-term growth prospects.
• The market might be reacting to the mixed signals from institutional investors and the potential impact of insider selling on CRDO's stock performance, despite the company's strong financial performance and positive growth outlook.

18.02.2026 - CRDO Stock was down 8.6%

• Today's downward trend in CRDO stock could be attributed to profit-taking by investors in response to a notable increase in stake by Fred Alger Management LLC, resulting in a temporary decline in the stock price.
• Despite Credo Technology Group's positive financial outcomes and robust revenue growth, the response from the market to the news of new product launches and advancements might not have met the lofty expectations set by analysts.
• Concerns about potential market competition stemming from the launch of innovative products like the Robin 800G and 400G DSPs, designed to enhance AI infrastructure, could have contributed to a bearish sentiment among investors.
• The market movement may also be influenced by broader industry dynamics or macroeconomic factors affecting the technology sector, prompting investors to reassess their positions in CRDO stock.

26.02.2026 - CRDO Stock was down 5.0%

• CRDO's stock price dropped by 4.6% despite exceeding quarterly earnings and revenue expectations, potentially influenced by recent insider selling and differing analyst price target adjustments.
• A comparison with Marvell Technology (MRVL) underscored CRDO's growing presence and new product launches in the AI connectivity sector, leading to a Zacks Rank #1 (Strong Buy) recommendation.
• The stock's valuation is a matter of contention, with a DCF analysis suggesting possible overvaluation and a P/E ratio comparison indicating undervaluation, adding to the price volatilities.
• Investors seem to be reconsidering CRDO's prolonged growth and valuation, introducing uncertainty and probable profit-taking, resulting in today's observed bearish movement.

26.02.2026 - CRDO Stock was down 5.9%

• Despite surpassing earnings expectations and demonstrating a 201.5% year-over-year revenue increase, CRDO saw a 4.6% decrease in its stock price, settling at $100.30. Factors contributing to this decline may include:
• Recent insider selling totaling $57.5 million, potentially causing investor apprehension.
• Varied adjustments to price targets by analysts, resulting in uncertainty regarding the stock's future performance.
• SG Americas Securities LLC notably boosted its stake in CRDO by 960.8% in Q4, signaling confidence in the company's long-term outlook.
• Differing opinions on CRDO's valuation, with some suggesting it may be overvalued while others argue it is undervalued, potentially adding to the stock's volatility and downward trend. Investors are encouraged to thoroughly evaluate all perspectives before making investment decisions.

17.02.2026 - CRDO Stock was down 5.7%

• Despite positive sentiment and analyst optimism, Credo Technology Group Holding Ltd (CRDO) saw a bearish market movement.
• This trend might be due to profit-taking by investors following a recent stock price surge post strong quarterly results and favorable analyst coverage.
• The industry-wide re-rating could have influenced the market movement, prompting investors to reevaluate their positions in high-growth tech companies like CRDO.
• Institutional buying by firms such as Jericho Capital Asset Management L.P. and Granahan Investment Management LLC shows confidence in CRDO's long-term potential, indicating that the bearish movement could be a temporary correction rather than a fundamental shift in the company's outlook.

17.02.2026 - CRDO Stock was down 5.7%

• The market positively responded to Credo's new Robin 800G and Cardinal 1.6T optical DSP families designed for AI applications, highlighting the company's innovation and dedication to meeting the needs of AI-driven data centers.
• Notwithstanding favorable developments like the introduction of the 800G ZeroFlap plug to tackle connectivity issues in AI clusters and Fred Alger Management LLC's enlarged stake in CRDO, the stock faced a bearish trend, potentially influenced by profit-taking or overall market conditions.
• Analysts' positivity and strong financial performance, which included surpassing quarterly EPS forecasts and a notable revenue increase, did not counterbalance the general market sentiment impacting CRDO's stock price on the day.
• Despite Bank of America Securities and Goldman Sachs re-evaluating the industry and adjusting price targets while upholding Buy ratings, the stock's bearish movement could be attributed to investors reevaluating their stakes in the sector.

13.02.2026 - CRDO Stock was up 5.1%

• CRDO showcased its advanced optical product portfolio and technology at the Optical Fiber Communication Conference and Exhibition, highlighting its ZeroFlap optics and high-performance optical DSPs for next-gen AI data centers.
• Despite insider selling by the CEO and CTO, institutional investors like Shannon River Fund Management LLC, Jefferies Financial Group Inc., and BNP Paribas Financial Markets have shown strong confidence in CRDO by either reducing or increasing their stakes in the company.
• The market movement could be attributed to the positive reception of CRDO's advanced optical products, strong quarterly earnings exceeding analyst expectations, and the increasing stake of institutional investors, signaling confidence in the company's future growth prospects in the semiconductor industry.

24.02.2026 - CRDO Stock was down 6.9%

• The decline in CRDO's stock price today could be linked to insider selling by the company's CTO, raising concerns about its future outlook.
• Despite this, analysts are optimistic about CRDO, driven by strong financial performance, surpassing EPS and revenue forecasts, and its momentum in AI/data-center networking products.
• Market sentiment may have been influenced by comparisons with Marvell Technology (MRVL), highlighting CRDO's growing role in AI connectivity as well as MRVL's strategic shift to the data center market.
• Mention of concentration risk due to CRDO's dependency on a small group of hyperscale customers may have contributed to the stock price decrease, with investors cautious about potential revenue risks.

11.02.2026 - CRDO Stock was up 5.8%

• CRDO stock rose by 5.6% after surpassing expectations in their quarterly earnings report. They reported an EPS of $1.07 and revenue of $407.0 million, outperforming analyst projections.
• Despite concerns regarding insider selling and valuation, notable institutional investors, including Victory Capital Management Inc., Aptus Capital Advisors LLC, and SPX Gestao de Recursos Ltda, have demonstrated interest in acquiring positions in CRDO.
• Analysts are optimistic about CRDO, with a consensus "Buy" rating and an average target price of $206.33. They attribute this positive growth to the company's strong performance and recent collaborations in the AI sector.

19.02.2026 - CRDO Stock was up 5.3%

• A notable decrease in stake by Connors Investor Services Inc. and selling of shares by company insiders might have initially impacted CRDO stock negatively.
• Despite robust Q3 earnings and product launches targeting AI, worries regarding high valuation, customer concentration, and recent price target cuts resulted in a short-term stock price decline.
• The launch of new 800G and 400G DSP families like the Robin and Cardinal series, which offer better signal integrity, reduced power consumption, and compact designs, likely reignited investor interest and contributed to the positive movement in CRDO stock.
• Conflicting valuation models, with one indicating undervaluation and the other suggesting overvaluation, could have caused uncertainty among investors, leading to stock price fluctuations.