CRDO Stock Recent News

Credo Technology Group Holding Ltd (NASDAQ:CRDO ) Q3 2025 Earnings Conference Call March 4, 2025 5:00 PM ET Company Participants Dan O'Neil - VP, Corporate Development and IR Bill Brennan - CEO Dan Fleming - CFO Conference Call Participants Vivek Arya - Bank of America Securities Tom O'Malley - Barclays Karl Ackerman - BNP Paribas Quinn Bolton - Needham & Company Tore Svanberg - Stifel Vijay Rakesh - Mizuho Sean O'Loughlin - TD Cowen Christopher Rolland - Susquehanna Richard Shannon - Craig-Hallum Suji Desilva - ROTH Capital Operator Ladies and gentlemen, thank you for standing by. At this time, all participants are in a listen-only mode.

Credo Technology Group Holding Ltd. (CRDO) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.18 per share.

SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Technology Group Holding Ltd (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficiency as data rates and corresponding bandwidth requirements increase through the data infrastructure market, today reported financial results for the third quarter of fiscal year 2025, ended February 1, 2025. Third Quarter of Fiscal Year 2025 Financial Highlights Revenue of $135.0 million, grew by 87.4% quart.

Credo: Don't Let The Steep Selloff Go To Waste (Upgrade)

I expect a blowout Q3 FY2025 quarter from Credo Technology - it should help the stock price recover from the current dip soon. Credo's impressive growth in AI infrastructure and strong customer base (Amazon, Microsoft, Tesla) support its valuation and future potential. CRDO's non-GAAP forward PEG ratio is by 1/3 lower than the sector's norms. Credo's technicals and PEG ratio indicate strong growth prospects.

CRDO's fiscal third-quarter performance is set to gain from AI demand, but valuation and competition risks make it a cautious bet.

The stock trading activities of US Congress members continue to draw attention, with disclosures under the STOCK Act providing insight into their investment strategies. So, in this piece, we bring you the top 5 stocks Congress is buying in 2025.

The launch of Chinese AI model DeepSeek erased nearly $1T from the stock market, impacting AI and semiconductor stocks. Tariffs on Chinese imports and the Trump administration's tougher line on semiconductor exports have ignited trade tensions between the two nations, increasing risks for semiconductor stocks with China exposure. However, super-charged growth in the AI sector has led some analysts to remain bullish on U.S. chipmakers.

Credo is successfully capitalizing on surging AI-driven data center demand through specialized high-speed connectivity products. The company's Q2 revenue grew 21% QoQ and 64% YoY, demonstrating strong market adoption. Credo should be able to invest aggressively in R&D while scaling, due to its profitability, healthy gross margins, and low debt levels.

Credo Technology Group Holding Ltd's product isn't groundbreaking, but the AI boom makes it valuable. Its smart copper cables solve a growing problem in data centers, pushing its sales and stock price up fast. Market timing, not product innovation, is Credo's biggest win. The company has been around for years, but only now—thanks to AI-driven data center expansion—is its technology getting serious traction. Valuation is high, but growth is real. With sales surging and Wall Street projecting big gains, CRDO stock looks pricey, but momentum and market demand could keep pushing it higher.