Credo Technology Group (CRDO) Expected to Announce Quarterly Earnings on Monday

Credo Technology Group (NASDAQ:CRDO - Get Free Report) is anticipated to post its Q4 2025 quarterly earnings results after the market closes on Monday, June 2nd. Analysts expect Credo Technology Group to post earnings of $0.27 per share and revenue of $159.59 million for the quarter.

Credo Technology Group Stock Performance

Shares of Credo Technology Group stock traded up $1.53 on Thursday, reaching $64.24. The company had a trading volume of 2,831,510 shares, compared to its average volume of 3,715,511. The firm's 50 day moving average price is $46.79 and its two-hundred day moving average price is $57.13. The firm has a market cap of $10.91 billion, a PE ratio of -427.99 and a beta of 2.29. Credo Technology Group has a 52-week low of $20.09 and a 52-week high of $86.69.

Insiders Place Their Bets

In other news, insider James Laufman sold 8,000 shares of the company's stock in a transaction on Monday, April 14th. The shares were sold at an average price of $39.09, for a total value of $312,720.00. Following the completion of the transaction, the insider now owns 271,725 shares in the company, valued at approximately $10,621,730.25. This represents a 2.86% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CTO Chi Fung Cheng sold 55,000 shares of the company's stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $48.02, for a total transaction of $2,641,100.00. Following the completion of the transaction, the chief technology officer now owns 7,663,602 shares of the company's stock, valued at approximately $368,006,168.04. The trade was a 0.71% decrease in their position. The disclosure for this sale can be found here. Insiders sold 473,665 shares of company stock worth $19,795,531 in the last 90 days. Corporate insiders own 16.04% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. NewEdge Advisors LLC boosted its holdings in shares of Credo Technology Group by 128.4% in the 1st quarter. NewEdge Advisors LLC now owns 7,066 shares of the company's stock valued at $284,000 after buying an additional 3,972 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Credo Technology Group by 2.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 310,763 shares of the company's stock valued at $12,480,000 after buying an additional 7,107 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of Credo Technology Group by 63.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,524,788 shares of the company's stock valued at $61,235,000 after buying an additional 589,151 shares in the last quarter. Institutional investors and hedge funds own 80.46% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Stifel Nicolaus reduced their price target on shares of Credo Technology Group from $85.00 to $69.00 and set a "buy" rating on the stock in a research note on Thursday, April 17th. Mizuho dropped their price objective on shares of Credo Technology Group from $90.00 to $82.00 and set an "outperform" rating for the company in a report on Thursday, April 3rd. Barclays dropped their price objective on shares of Credo Technology Group from $90.00 to $70.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. Needham & Company LLC restated a "buy" rating and issued a $80.00 price objective on shares of Credo Technology Group in a report on Wednesday, March 5th. Finally, Bank of America dropped their price objective on shares of Credo Technology Group from $83.00 to $75.00 and set a "buy" rating for the company in a report on Wednesday, March 5th. Nine investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, Credo Technology Group currently has a consensus rating of "Buy" and an average price target of $71.50.

About Credo Technology Group

Credo Technology Group Holding Ltd provides various high-speed connectivity Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally. Its products include HiWire active electrical cables, optical digital signal processors, low-power line card PHY, serializer/deserializer (SerDes) chiplets, and SerDes IP, as well as integrated circuits, active electrical cables.