Credo Technology Group ($CRDO) Stock Forecast: Down 5.2% Today

What is Credo Technology Group?

Credo Technology Group (CRDO) is a company focused on high-speed, power-efficient connectivity solutions, positioning itself for future growth in data infrastructure. The stock had a strong bearish movement today amidst market volatility.

Why is Credo Technology Group going down?

CRDO stock is down 5.2% on Dec 23, 2025 14:55

• Positive commentary on CRDO's growth potential and comparisons to another successful company did not prevent the stock from experiencing a bearish trend.
• Institutional investors, such as Voya Investment Management LLC, notably increased their investment in CRDO, displaying confidence in the company's prospects.
• Despite a solid financial performance, including surpassing earnings projections and revenue growth, the stock still faced a bearish trend, potentially indicating market sentiment changes or profit-taking activities.
• Insider selling by the COO and CEO, coupled with a reduction in stake by Princeton Global Asset Management LLC, may have contributed to the downward pressure on CRDO's stock value.

CRDO Price Chart

CRDO Technical Analysis

CRDO News

Jim Cramer Comments "We Think That Credo Has One of the Great Growth Stories"

Jim Cramer highlighted Credo Technology Group (CRDO) as a "winner" with a "great growth story," despite insider selling and high customer concentration. He compared it to a "mini NVIDIA" due to its impressive earnings growth and sees pullbacks as buying opportunities, particularly in the low $120s. Cramer noted the company's strong products and financials, emphasizing its appeal as a real earnings play amidst market volatility.

https://finviz.com/news/259425/jim-cramer-comments-we-think-that-credo-has-one-of-the-great-growth-stories

Voya Investment Management LLC Boosts Stock Position in Credo Technology Group Holding Ltd. $CRDO

Voya Investment Management LLC significantly increased its stake in Credo Technology Group Holding Ltd. (NASDAQ:CRDO) by 123.8% in Q3, now owning 237,867 shares valued at $34.64 million. This move comes as institutional investors collectively hold 80.46% of the company's stock, and analysts have raised their price targets, with a consensus "Buy" rating and a target of $206.85. The company recently reported strong Q3 earnings, beating expectations with an EPS of $0.67 and revenue of $268.03 million, marking a 272.1% year-over-year increase, despite recent significant insider selling.

https://www.marketbeat.com/instant-alerts/filing-voya-investment-management-llc-boosts-stock-position-in-credo-technology-group-holding-ltd-crdo-2025-12-21/

10 Stocks That Will Go To The Moon in 2026

This article highlights Credo Technology Group Holding Ltd (NASDAQ: CRDO) as one of the stocks poised for significant growth by 2026. Despite a recent dip, analysts remain bullish on CRDO due to strong fiscal Q2 2026 earnings, revenue growth of 272.08%, and an EPS that surpassed estimates. The company's focus on high-speed, power-efficient connectivity solutions positions it well for future expansion in data infrastructure.

https://www.insidermonkey.com/blog/10-stocks-that-will-go-to-the-moon-in-2026-1663749/2

Credo Technology (CRDO): Revisiting Valuation After Upbeat Q2 Results and Growing AI Connectivity Optimism

Credo Technology Group (CRDO) is gaining attention after strong Q2 results and increased sales guidance, highlighting its significant role in AI connectivity and prompting a reassessment of its valuation. Despite an already impressive year-to-date share price return of 111.66%, the article explores whether CRDO remains undervalued with a fair value estimate near $214 or if its AI-fueled growth is already priced in. Investors are encouraged to consider the narrative's underlying assumptions and potential risks, such as reliance on hyperscaler spending.

https://simplywall.st/stocks/us/semiconductors/nasdaq-crdo/credo-technology-group-holding/news/credo-technology-crdo-revisiting-valuation-after-upbeat-q2-r/amp

Credo Technology Group Holding Ltd. $CRDO Shares Sold by Princeton Global Asset Management LLC

Princeton Global Asset Management LLC reduced its stake in Credo Technology Group Holding Ltd. (NASDAQ:CRDO) by 49.5%, selling 13,588 shares and retaining 13,870 shares valued at $2.02 million. This comes amidst significant insider selling, with the COO and CEO selling substantial amounts, though institutional ownership remains high at 80.46%. Credo Technology Group also reported strong quarterly results, beating analyst expectations with $0.67 EPS and $268.03 million in revenue, leading to a consensus "Buy" rating from analysts with an average price target of $206.85.

https://www.marketbeat.com/instant-alerts/filing-credo-technology-group-holding-ltd-crdo-shares-sold-by-princeton-global-asset-management-llc-2025-12-20/

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Credo Technology Group Price History

11.10.2025 - CRDO Stock was down 5.0%

• Despite a recent 38% increase fueled by AI data center demand, CRDO could not maintain its upward momentum, with concerns over its high valuation and risks related to hyperscalers impacting its performance.
• The market downturn may be attributed to investors selling off their shares to secure profits, showing hesitancy towards the stock's short-term potential despite recent positive developments.
• The shift in market sentiment towards CRDO aligns with the overall cautious attitude towards tech stocks, resulting in a sell-off amid uncertainties surrounding the company's future growth trajectory.

28.10.2025 - CRDO Stock was up 5.1%

• CRDO is likely experiencing a bullish trend ahead of its Q2 earnings release, with analysts expecting a significant increase in earnings per share compared to the previous year.
• The surge in CRDO's shares could be attributed to the anticipation of positive earnings results and strong demand in the AEC and optical sectors.
• Despite the positive momentum, there are concerns about competition, customer reliance, and macroeconomic uncertainties that could impact the stock's performance in the near term.
• Investors should closely monitor CRDO's earnings report and how the company addresses these challenges to gauge the sustainability of its current bullish trend.

11.10.2025 - CRDO Stock was down 6.4%

• Credo Technology Group (CRDO) faced a strong bearish movement as investors with significant capital took a bearish stance on the stock.
• Despite a recent 38% surge driven by AI data center demand, concerns over a lofty valuation and risks from hyperscalers have tempered near-term upside potential.
• The bearish sentiment towards CRDO could be a result of profit-taking by investors following the recent surge or a shift in market sentiment towards the technology sector.
• It's essential for investors to monitor how CRDO navigates these challenges and whether it can sustain its growth momentum amidst market fluctuations.

21.10.2025 - CRDO Stock was down 7.9%

• Today's decline in CRDO's stock price could be due to investors taking profits following a period of rapid growth.
• Despite the company's healthy financials and positive market sentiment shown in bullish options activity, some investors may have opted to secure gains from recent moves.
• The market's reaction may stem from concerns about CRDO's ability to maintain its margins in a competitive landscape and meet growth targets for fiscal year 2026.
• The bearish movement might be a brief correction in response to the recent uptrend in the stock, as investors review their positions and market conditions.

21.10.2025 - CRDO Stock was down 18.6%

• Despite the positive trend of robust revenue and margins, the downward movement in CRDO's stock today could be attributed to profit-taking by investors post a period of strong growth.
• The optimistic bets on CRDO options by market whales and high-net-worth individuals suggest confidence in the company's future prospects, potentially bolstering the stock price in the short run.
• The market reactions might be linked to broader economic influences or sector changes, causing a momentary decline in CRDO's stock price despite its robust financial performance in fiscal 2026.

26.10.2025 - CRDO Stock was up 12.2%

• The bullish movement in CRDO's stock today can be attributed to several factors:
• Anticipation of higher Q2 earnings, with analysts expecting a significant increase from the year-ago period.
• The company's strong cash position of $479.6M and surging revenues, which are seen as a competitive advantage in the hyperscale growth market.
• The robust revenue and margins posted by CRDO amid rapid growth in fiscal 2026, indicating a strong competitive position and potential for further growth.
• The surge in trading volume and positive trend in earnings estimate revisions may have contributed to the 13.0% jump in CRDO's stock price, signaling investor confidence in the company's performance and future prospects.

16.11.2025 - CRDO Stock was down 5.2%

• The COO's significant selling of 370,000 shares for $56.68 million might have signaled insider concerns or profit-taking, contributing to the bearish trend.
• Despite strong quarterly earnings and positive analyst ratings, the insider selling by the CEO and COO could have eroded investor confidence, leading to the stock's decline.
• The market's reaction to the insider selling could indicate concerns about the company's future performance or potential risks associated with high-beta AI infrastructure and customer concentration.
• While the company's role in AI data-center demand remains promising, the insider selling and stock volatility may have overshadowed the positive outlook, causing the bearish movement.

23.11.2025 - CRDO Stock was down 5.2%

• Positive commentary on CRDO's growth potential and comparisons to another successful company did not prevent the stock from experiencing a bearish trend.
• Institutional investors, such as Voya Investment Management LLC, notably increased their investment in CRDO, displaying confidence in the company's prospects.
• Despite a solid financial performance, including surpassing earnings projections and revenue growth, the stock still faced a bearish trend, potentially indicating market sentiment changes or profit-taking activities.
• Insider selling by the COO and CEO, coupled with a reduction in stake by Princeton Global Asset Management LLC, may have contributed to the downward pressure on CRDO's stock value.

18.10.2025 - CRDO Stock was down 5.0%

• Market sources indicate notable bullish sentiment from large investors regarding CRDO options.
• Despite this, the stock displayed significant bearish movement today.
• The unexpected downward trend may be linked to substantial bearish bets placed by high-wealth investors on CRDO options.
• This divergence in perspectives suggests a possible shift in market sentiment or unforeseen negative occurrences within CRDO, affecting its stock price.
• Investors are advised to vigilantly observe ongoing developments and market indicators to evaluate the future trajectory of CRDO's stock.

17.11.2025 - CRDO Stock was down 5.1%

• Despite strong quarterly earnings and surpassing revenue estimates, insider selling amounting to over $67 million by the CEO and COO on December 11th likely contributed to the bearish momentum.
• Investor concerns may have been triggered by the COO, Yat Tung Lam, reducing stake by 48.05% through the sale of 370,000 shares for $56.68 million.
• Market sentiment towards CRDO remains optimistic, with analysts upholding a "Buy" consensus rating and an average price target of $206.85. This underscores the company's growth opportunities and its vital role in high-speed connectivity for AI infrastructure.
• Despite some stake reductions in institutional filings, the overarching bullish outlook for CRDO is rooted in its robust position in the AI data-center industry and expanding product portfolio. This suggests a potential rebound in the stock's value in the near term.

12.11.2025 - CRDO Stock was down 5.2%

• Despite Credo's strong fundamentals and positive momentum highlighted by analysts, the stock experienced a bearish movement today.
• The increased price target and bullish sentiment from analysts may have already been priced in, leading to profit-taking by investors.
• Concerns over potential risks related to hyperscaler capital spending and the need for continued adoption of newer platforms could have weighed on investor sentiment.
• The market may be reacting to broader tech sector trends or macroeconomic factors influencing investor behavior, contributing to the bearish movement in CRDO's stock price today.

10.11.2025 - CRDO Stock was down 5.1%

• Despite being labeled as a strong momentum stock with optimistic earnings estimate revisions and a bullish sentiment from analysts, CRDO encountered a bearish market trend.
• The disclosure of a licensing agreement with The Siemon Company to enhance high-speed Ethernet port speeds for AI, cloud, and hyperscale networks could not counteract the negative market sentiment.
• The notable rise in the price target and institutional ownership, along with the potential for a stock surge from upwards adjustments in earnings estimates, failed to prevent the bearish movement. This suggests that external factors beyond these indicators may have influenced the market's response.
• The divergence between the positive developments related to CRDO and its bearish market performance could hint at broader market conditions or unexpected events affecting investors' attitudes toward the stock on that day.