Credo Technology surges as Wall Street sees another AI beneficiary
It looks like Credo Technology (NASDAQ:CRDO) is the next beneficiary from the artificial intelligence spending boom. Credo, which makes connectivity solutions for optical and Ethernet applications, reported stronger-than-expected third-quarter results and guidance that led to much praise from Wall Street,
Credo Technology Group Shares Are On The Rise Today: What's Going On?
Credo Technology Group Holding Ltd (NASDAQ: CRDO) shares are trading higher Tuesday following the announcement of its second-quarter fiscal 2025 financial results, which significantly exceeded expectations.
B of A Securities Upgrades Credo Technology Group Holding (CRDO)
Fintel reports that on December 3, 2024, B of A Securities upgraded their outlook for Credo Technology Group Holding (NasdaqGS:CRDO) from Underperform to Buy. Analyst Price Forecast Suggests 13.87% Downside As of December 3,
Credo Technology upgraded to Buy from Underperform at BofA
BofA analyst Vivek Arya upgraded Credo Technology (CRDO) to Buy from Underperform with an $80 price target Don't Miss our Black Friday
These Analysts Boost Their Forecasts On Credo Technology Group After Upbeat Results
Credo Technology reported quarterly earnings of 7 cents per share which beat the analyst consensus estimate of 5 cents per share. The company reported quarterly sales of $72.000 million which beat the analyst consensus estimate of $66.789 million.
Credo Technology Shares Gain Following Earnings Beat, Higher-Than-Expected Outlook
Shares of Credo Technology Group gained after the company narrowed its loss and posted higher revenue in its fiscal second quarter, while guiding for higher-than-expected sales in the current frame. The stock jumped 37% to $65.
Credo Technology Group options imply 17.8% move in share price post-earnings
Pre-earnings options volume in Credo Technology Group is 3.3x normal with calls leading puts 2:1. Implied volatility suggests the market is anticipating a move near 17.8%, or $8.7
Credo Technology Group Holding Ltd. (CRDO) Q2 Earnings and Revenues Top Estimates
Credo Technology Group Holding Ltd. (CRDO) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.01 per share a year ago.
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Credo Technology Group Holding Ltd (CRDO)
SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Technology Group Holding Ltd (NASDAQ: CRDO), an innovator in providing secure, high-speed connectivity solutions, today announced that... ByInvesting.com ...
Credo Technology Group Stock Hits All-Time High on Soaring AI Products Demand
Credo Technology Group Holding beat second-quarter profit and sales estimates as the boom in artificial intelligence boosted ...
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CRDO Credo Technology Group Holding Ltd
View Credo Technology Group Holding Ltd (CRDO) current and estimated P/E ratio data provided by Seeking Alpha.
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Credo Technology Group Holding Ltd
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
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CRDO Quantitative Stock Analysis
Below is Validea's guru fundamental report for CREDO TECHNOLOGY GROUP HOLDING LTD (CRDO). Of the 22 guru strategies we follow, CRDO rates highest using our Quantitative Momentum Investor model ...
Barclays Increases Credo Technology Group (NASDAQ:CRDO) Price Target to $80.00
Credo Technology Group (NASDAQ:CRDO – Free Report) had its price target lifted by Barclays from $32.00 to $80.00 in a ...
BofA double upgrades Credo stock after strong Q3 print
BofA Securities analysts double upgraded Credo Technology Group Holding Ltd (NASDAQ:CRDO) stock from Underperform to Buy on ...
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Unstoppable Growth: Credo Technology’s (CRDO) Record-Breaking Quarter and Stock Surge
Cash Reserves: Credo’s balance sheet is solid with $383.0 million in cash and short-term investments, providing ample runway for future investments and growth.