CRDO Stock Recent News

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CRDO ends FY25 with $431.3 million in cash. It expects FY26 revenues to top $800 million, fueled by AI-driven connectivity demand.

SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO) an innovator in providing secure, high-speed connectivity solutions that deliver improved reliability and energy efficiency for the next generation of AI driven applications, cloud computing, and hyperscale networks, today announced that Bill Brennan, Chairman, President and CEO, and Dan Fleming, CFO, are scheduled to present at the following upcoming investor conference. Conference: 2025 Goldman Sachs.

SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO) an innovator in providing secure, high-speed connectivity solutions that deliver improved reliability and energy efficiency for the next generation of AI driven applications, cloud computing, and hyperscale networks, today announced it will hold a conference call on Wednesday, September 3, 2025, at 2:00 p.m. Pacific Time to discuss its financial results for the fiscal first quarter ended August 2, 2025.

Credo Technology's 79% YTD surge is fueled by AI-driven demand, but premium valuation and hyperscaler risks cloud the near-term outlook.

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Credo Technology has delivered explosive growth, with strong revenue guidance for FY 2026, driven by AI and data center demand. Valuation is premium but justified by tangible revenues, profitability, and secular AI tailwinds, though not as robust as platform peers like Nvidia or Palantir. Current share price already prices in aggressive future growth, making fresh entries risky; execution and competitive risks remain significant.

Credo Technology's strong business momentum and revenue diversification support my continued bullish outlook, with the stock up nearly 90% since my last update. Q4 results beat expectations, with sales up 180% YoY and customer concentration risk meaningfully reduced as more hyperscalers contribute to revenue. FY2026 guidance points to >85% YoY sales growth and ~40% net margin, with product and software innovation driving further upside potential.

Live Updates Live Coverage Updates appear automatically as they are published. Vertiv Gains Ease 10:50 am by Eric Bleeker Vertiv jumped past $150 per share immediately after the opening bell, but gains have eased. The stock is currently trading for $147 per share, or up about 3.5%. Other AI infrastructure stocks like Marvell (Nasdaq: MRVL) and Credo (Nasdaq: CRDO) are also seeing strong gains today. U.S. GDP Growth is Strong 8:47 am by Eric Bleeker GDP figures just came out which show the U.S. economy grew at 3% in Q2, higher than expectations. Vertiv shares are now trading up 5.3% as of 8:45 a.m. ET. Here's What Vertiv Had to Say About Tariffs 7:45 am by Eric Bleeker Here’s the slide on tariffs from Vertiv’s earnings report. Really the only ‘negative’ from this earnings release was operating margins taking a hit from the impacts of tariffs. Longer Summary of Vertiv's Earnings 7:38 am VRT | Vertiv Holdings Q2’25 Earnings Highlights: Adj. EPS: $0.

Credo Technology Group Holding Ltd. CRDO and Astera Labs, Inc ALAB are companies that specialize in high-speed connectivity solutions essential for AI and data center infrastructure.