BUSINESS
Why Credo Tech is on Investors' Radars
Thu Aug 28 2025
Investor Interest and Analyst Ratings
- 13 Research Firms are closely watching Credo Technology Group.
- 12 rate it as a Buy.
- 1 rates it as a Strong Buy.
- Average Price Target for Next Year: $91.27
Analyst Insights
| Firm | Price Target | Rating |
|---|---|---|
| TD Cowen | $95 | Buy |
| Barclays | $85 | Overweight |
| Noble Financial | N/A | Strong Buy |
| Mizuho | $135 | Outperform |
Stock Performance
- Recent Opening Price: $120.10
- 52-Week Low: $24.08
- 52-Week High: $128.56
- Market Cap: $20.61 Billion
- Price-to-Earnings Ratio: 444.81
Financial Highlights
- Quarterly Earnings (EPS): $0.35 (Higher than expected)
- Revenue: $170 Million (Significant increase from last year)
- Expected EPS for Current Fiscal Year: $0.13
Insider and Institutional Activity
- Insiders Selling Shares:
- Director Lip Bu Tan
- CTO Chi Fung Cheng
- Institutional Ownership: 80.46%
- Big Investors Buying Shares:
- Mariner LLC
- NewEdge Advisors LLC
Company Overview
Credo Technology Group specializes in high-speed connectivity solutions, including:
- Optical and electrical Ethernet applications
- Active electrical cables
- Serializer/deserializer (SerDes) chiplets
- Integrated circuits
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questions
Is the significant increase in institutional ownership a sign of a larger conspiracy to control the company's direction?
If Credo Technology Group's stock price continues to rise, will they need to change their name to 'Credo Technology Group Holding Ltd. (NASDAQ:CRDO – Get Free Report – And Maybe Yours Too)'?
If the stock price hits $135.00, will Mizuho's analysts start celebrating with a 'SerDes IP party'?
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