Credo Technology Group Aktie News

Credo Technologies is a key AI infrastructure player, delivering triple-digit revenue growth and dominating the Active Electrical Cables market. CRDO's business model translates revenue growth into profits, with J.P. Morgan initiating coverage at Overweight and a $165 price target, citing its first-mover advantage. Recent strategic moves include the Hyperlume acquisition for optical connectivit...

I upgrade Credo Technology Group to Strong Buy, driven by explosive growth, new hyperscaler clients, and a pivotal Arm partnership. CRDO's Q1 FY2026 revenue soared 274% y/y, with non-GAAP net margins nearing 40% and management guiding for 85% y/y revenue growth. The addressable market for CRDO's AI interconnect solutions is expanding rapidly, now estimated at $5-10 billion, fueled by AI infrast...

Credo, which produces cables and chips to connect powerful AI computers, has seen its share price double this year, after soaring 245% in 2024. The company's cables can cost between $300 and $500, and are used in many AI data centers.

Subscribers to Schaeffer's Weekend Trader options recommendation service received this CRDO commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters.

William Joseph Brennan, president and chief executive officer of Credo Technology Group Holding Ltd (CRDO 3.00%), reported the sale of 18,952 ordinary shares in multiple open-market transactions on Oct. 7, and Octo. 8, per an SEC Form 4 filing.

The company is a leader in high-speed data connections used in AI data centers.

Credo reported record Q1 FY2026 revenue of $223.1 million, up 274% year-over-year, with non-GAAP gross margins expanding to 67.6%. Despite a recent pullback, Credo remains positioned for 40% operating margins, zero debt, and potential $1 billion annualized revenue run rate. The Arm Total Design alliance integrates Credo's SerDes and DSP chiplets into Arm's Neoverse platform, unlocking high-marg...

SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo Joins Arm Total Design to Accelerate the Development of Custom Silicon for AI Data Centers.