CRDO Stock Recent News

My bullish CRDO thesis, initiated Jan 2025, proved prescient as the stock surged post-Q4 FY25, validating calls to buy during its dip and highlighting its massive TAM opportunity. Credo's Q4 FY25 smashed estimates with$170M revenue (+180% YoY) and$0.35 EPS (+27% beat), fueling significant upward revisions for FY26-27 earnings and showcasing strong execution. Impressive Q4 profitability saw gross margins hit 67.4%; FY26 guidance targets $800M sales with net margins approaching 40%, suggesting substantial EPS upside beyond current consensus.

Credo Technology Group (CRDO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Credo crushed Q4 with standout revenue growth and 67% gross margins—proof that its pricing power and execution are world-class in the evolving AI datacenter ecosystem. Customer concentration risk is easing, with strategic diversification unlocking deeper partnerships across hyperscalers and expanding its competitive moat. With nimble scaling, resilient margins, and next-gen tech on deck, Credo's becoming a definitive name in AI connectivity—volatility aside, the upside is real.

CRDO stock soars 50% in a month on AI-driven growth and upbeat guidance, yet still trades 16% below its 52-week high.

Shares of data center connectivity company Credo Technology (CRDO -0.69%) rocketed 19.8% this week through Thursday trading, according to data from S&P Global Market Intelligence.

CRDO and FERG made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 6, 2025.

CRDO, FERG, AHR, BKNIY and FER have been added to the Zacks Rank #1 (Strong Buy) List on June 6, 2025.

Credo's Q4 2025 revenue grew by 179.7% year-over-year and 25.9% quarter-over-quarter. Full-year revenue rose 126% to $436.8 million, highlighting rapid momentum. With cutting-edge products like the new Lark DSP and the new PILOT diagnostics platform, Credo is well-positioned to meet the rising demands of AI data centers and hyperscalers. Customer concentration risk is decreasing, with Amazon's share of revenue dropping from 86% to 61%, indicating broader market adoption.

Credo Technology Group's NASDAQ: CRDO stock price surged 25% following its FQ4 earnings release and guidance update, and it will likely set a new all-time high soon. The results were strong and affirmed the company's growing importance in the data center, high-performance computing, and AI industries.

The artificial intelligence (AI) market has grown like a weed over the past decade. That rapid expansion -- which was fueled by more sophisticated cloud computing services, large language models, and generative AI applications -- lit a blazing fire under some high-growth tech stocks.