Credo Technology Group (CRDO) Projected to Post Earnings on Wednesday

Key Points

• Credo Technology Group (CRDO) is set to release its Q1 2026 earnings report on September 3, 2025, with expected earnings of $0.35 per share and revenue of approximately $190.63 million.
• The stock has seen significant growth, with a 179.6% year-over-year revenue increase and a recent trading price around $120.10, reflecting a market cap of $20.61 billion.
• Insider trading activity has been notable, with key executives selling a total of 1.27 million shares in the past 90 days, indicating changes in their positions within the company.

Credo Technology Group (NASDAQ:CRDO - Get Free Report) is anticipated to release its Q1 2026 results after the market closes on Wednesday, September 3rd. Analysts expect Credo Technology Group to post earnings of $0.35 per share and revenue of $190.6270 million for the quarter. Credo Technology Group has set its Q1 2026 guidance at EPS.Interested persons may review the information on the company's upcoming Q1 2026 earningreport for the latest details on the call scheduled for Wednesday, September 3, 2025 at 5:00 PM ET.

Credo Technology Group (NASDAQ:CRDO - Get Free Report) last posted its quarterly earnings data on Monday, June 2nd. The company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.08. Credo Technology Group had a return on equity of 8.77% and a net margin of 11.95%.The company had revenue of $170.00 million for the quarter, compared to the consensus estimate of $159.59 million. During the same period in the previous year, the business earned $0.07 EPS. Credo Technology Group's revenue for the quarter was up 179.6% compared to the same quarter last year. On average, analysts expect Credo Technology Group to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Credo Technology Group Stock Up 4.1%

CRDO stock opened at $120.10 on Wednesday. Credo Technology Group has a 52-week low of $24.08 and a 52-week high of $128.56. The stock's 50 day moving average is $103.17 and its two-hundred day moving average is $70.80. The company has a market capitalization of $20.61 billion, a PE ratio of 444.81, a P/E/G ratio of 2.07 and a beta of 2.59.

Insider Activity at Credo Technology Group

In related news, Director Lip Bu Tan sold 171,473 shares of the business's stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of $77.90, for a total transaction of $13,357,746.70. Following the completion of the transaction, the director owned 613,725 shares in the company, valued at $47,809,177.50. The trade was a 21.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO William Joseph Brennan sold 150,000 shares of the business's stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $106.87, for a total value of $16,030,500.00. Following the transaction, the chief executive officer owned 2,061,978 shares of the company's stock, valued at $220,363,588.86. This represents a 6.78% decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,274,583 shares of company stock worth $113,118,257 in the last 90 days. 16.04% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in CRDO. EverSource Wealth Advisors LLC raised its stake in shares of Credo Technology Group by 198.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 501 shares of the company's stock worth $46,000 after buying an additional 333 shares in the last quarter. Rakuten Securities Inc. raised its stake in shares of Credo Technology Group by 17.2% in the 2nd quarter. Rakuten Securities Inc. now owns 4,979 shares of the company's stock worth $461,000 after buying an additional 731 shares in the last quarter. Visionary Wealth Advisors bought a new stake in shares of Credo Technology Group in the 2nd quarter worth $212,000. Snowden Capital Advisors LLC bought a new stake in shares of Credo Technology Group in the 2nd quarter worth $253,000. Finally, B. Riley Wealth Advisors Inc. bought a new stake in shares of Credo Technology Group in the 2nd quarter worth $272,000. Institutional investors and hedge funds own 80.46% of the company's stock.

Analyst Ratings Changes

Several research firms have issued reports on CRDO. Mizuho lifted their price objective on Credo Technology Group from $112.00 to $135.00 and gave the stock an "outperform" rating in a report on Thursday, August 14th. TD Cowen lifted their target price on Credo Technology Group from $85.00 to $95.00 and gave the stock a "buy" rating in a research report on Wednesday, June 18th. Barclays set a $85.00 target price on Credo Technology Group and gave the stock an "overweight" rating in a research report on Tuesday, June 3rd. Cowen reiterated a "buy" rating on shares of Credo Technology Group in a research report on Tuesday, June 3rd. Finally, Wall Street Zen lowered Credo Technology Group from a "buy" rating to a "hold" rating in a research report on Sunday. One investment analyst has rated the stock with a Strong Buy rating and twelve have assigned a Buy rating to the company's stock. Based on data from MarketBeat, Credo Technology Group has an average rating of "Buy" and a consensus target price of $91.27.

Credo Technology Group Company Profile

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.

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