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CRCRDO

Credo Technology Group Holding Ltd

$CRDO·$48B·Communication Equipment·Technology
$202.68-2.5%YTD+40.1%1Y+105.5%
Mentions · last 7 days
2026-07-09: 327 posts2026-07-10: 356 posts2026-07-11: 168 posts2026-07-12: 278 posts2026-07-13: 688 posts2026-07-14: 312 posts2026-07-15: 331 posts2,478+2%
Price updated 4m ago·X counts updated 2d ago
CRCRDO
$CRDOCredo Technology Group Holding Ltd
$202.68-2.54%2.5k posts+2%
AI analysisFundamentalsVoices on X
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AI verdict & sentimentAI analysisGenerated by AI from underlying data

Top X posts

Today's AI verdict on what's driving $CRDO, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Driven by hypeCooling offAI verdict · as of 2026-07-16

Catching its breath after a run — could pick back up or fade from here.

AI-connectivity leader up 121% in 12 months — but $18M of officer selling in two weeks says the top of the org chart is trimming.

Credo Technology is the pure-play high-speed connectivity chip maker (SerDes, AECs, optical DSPs) that's ridden the AI-datacenter build-out to a $48B market cap. The stock is 121% higher over the past year, and the last two weeks of insider selling deserve real weight.

  • The core revenue story is genuinely explosive: Q3 FY26 revenue grew 201% YoY to $407M with gross margin at 68% and operating margin at 37% — what a chip company earns when it's picked as the standard for a wave, and Evercore ISI's fresh Outperform initiation reads the fundamentals correctly.
  • Valuation has priced most of the runway: 127x trailing earnings, 41x sales, and 121x EV/EBITDA against FY27 revenue consensus ~$2.2B — the bull case requires Credo to hold interconnect share against Marvell, Broadcom, and Astera Labs while volumes multiply, a real fight not a done deal.
  • Insider action is heavy and direction-clear: CTO Cheng sold ~$8.8M at $243-260 across July 2-8, CFO Fleming sold $1.86M at $246 on July 8, and Brennan cleared a $5.35M in-kind withhold at $272 plus a 225K-share July 13 gift — $18M+ of net officer distribution in two weeks.

The September 2 Q1 FY27 earnings are the near-term arbiter — a Q1 revenue print above $500M and any hyperscaler-customer expansion extends the setup toward the Elliott Wave $360+ target. A revenue miss or share-commentary softening confirms cooling and drops CRDO toward $200 support.

Differs from X sentimentX is bullish and analyst-driven, citing Evercore ISI's fresh Outperform, Stifel and BofA joining, and Elliott Wave Wave 3 targets of $360+. Mechanics validate the growth (Q3 revenue +201% YoY, 68% gross margin), but the insider mechanics cut the other way: $18M+ of officer selling in two weeks with CTO Cheng leading — that's not a 'RSU-machine harvesting' pattern, it's calibrated distribution near current levels. My cooling call sides with the insiders on trajectory.

What to watch: The September 2 Q1 FY27 earnings. Watch Q1 revenue vs $407M Q3 base (need step to $500M+), interconnect market-share commentary, and named hyperscaler customer expansion. Any commentary softening on share held vs Marvell/Broadcom/Astera resets the multiple; a clean beat with new customers extends the Wave 3 setup.

On the calendar: 2026-09-02 — Q1 FY27 earnings

float missingbeta missing

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Bullish sentiment38 posts analyzed · as of 2026-07-15

Credo Technology chatter is bullish and analyst-driven. Evercore ISI initiated coverage at Outperform calling Credo an AI-connectivity leader, joining Stifel and BofA in supportive coverage; a growth-watchlist has CRDO going from $246 to $338 (~+37%). UBS non-deal roadshow notes highlight CRDO's short and long-term positioning for interconnect share. Elliott Wave bulls target wave 3 at $360+ and Primary Wave 5 at $420+, while the base case is a $270 reversal node holding for a $280 gamma flip. Traders group CRDO alongside PENG/ALAB/MRVL as CXL memory-space beneficiaries. Only cautionary note is a whipsaw chart pattern and 'strength feels borrowed and thin' technical concern.

Read the AI verdict + X sentiment for $CRDO

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • X crowd read with bullish/bearish call + post volume
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What it does

Plain-English summary of the business — what they sell and how they make money.

Makes active electrical cables, optical retimers, and line-card ASICs for high-speed AI and cloud networking.

Industry overviewAI analysisGenerated by AI from underlying data

Where Communication Equipment sits in its cycle right now — and what that implies for $CRDO.

Communication Equipment · Technology

No material change from last week — Lumentum pre-breakout setup unchanged as hyperscaler 400G/800G AI rack buildout continues structurally consuming optical transceiver and DWDM capacity into 2H26.

What this means for $CRDO

Neutral — Makes active electrical cables, optical retimers, and line-card ASICs for high-speed AI and cloud networking; end markets and revenue mix have limited overlap with the hyperscaler 400G/800G AI rack networking buildout.

Top industry ETF

$IYZiShares U.S. Telecommunications ETF
+17.3%YTD
+35.7%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
126.6How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
17.0%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
30.3%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
0.7%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
40.8Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
29.6%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
67.8%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.0Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q1 2026Jun 1, 2026$1.16$1.02+13.7%
Q4 2025Mar 2, 2026$1.07$0.91+17.3%
Q3 2025Dec 1, 2025$0.67$0.49+36.2%
Q2 2025Sep 3, 2025$0.52$0.36+43.9%
Next earningsWed, Sep 2·consensus EPS $1.16

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q3 FY26$407.0M+201.5%68.5%36.8%$0.86$139.7M
Q2 FY26$268.0M+272.1%67.5%29.4%$0.47$38.5M
Q1 FY26$223.1M+273.6%67.4%27.2%$0.37$51.3M
Q4 FY25$170.0M+179.7%67.2%20.4%$0.21$54.2M

Forward consensus

10-year forecast · up to 13 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$1.3B$1.3B – $1.4B$3.31$3.28 – $3.3412
FY27$2.2B$2.2B – $2.2B$5.21$4.74 – $5.687
FY27$2.4B$2.2B – $2.5B$6.10$5.77 – $6.3813
FY28$3.1B$2.9B – $3.2B$7.01$6.40 – $7.577
FY28$3.6B$3.2B – $4.2B$8.94$8.08 – $10.4212
FY29$4.0B$4.0B – $4.1B$8.81$8.59 – $9.033
FY29$4.5B$4.5B – $4.5B$10.39$9.50 – $10.955
FY30$4.8B$4.8B – $5.0B$9.80$9.65 – $10.291
FY30$5.1B$4.6B – $5.8B$10.85$9.32 – $12.782
FY31$6.0B$5.3B – $6.8B$12.50$10.73 – $14.721

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.0.8×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.55%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.-9.1%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.+27.9%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

SellJul 15Lam Yat TungCOO106.0K sh$23.9MSellJul 14Cheng Chi FungCTO27.5K sh$6.6MSellJul 8Daniel W. FlemingCFO7.6K sh$1.9MSellJul 8Cheng Chi FungCTO3.8K sh$981KSellJul 7Cheng Chi FungCTO27.5K sh$6.7MSellJun 30Cheng Chi FungCTO4.4K sh$1.1MSellJun 23Cheng Chi FungCTO27.5K sh$7.5MSellJun 16Cheng Chi FungCTO27.5K sh$6.8MSellJun 11Daniel W. FlemingCFO40.0K sh$10.0MSellJun 11James LaufmanChief Legal Officer, Secretary5.0K sh$1.3M
1–10 of 21
+ 25 other (13 inkinds · 5 gifts · 5 awards · 2 exempts) in window

See when $CRDO insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
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SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

8-KOfficer or director changeJun 18-K — Item 2.02: Earnings release · Item 5.02: Officer or director change
AI summary

Credo Technology reported full fiscal year 2026 results (ended May 2, 2026) via press release; also disclosed an executive change (Item 5.02 details not visible in excerpt). Full results in Exhibit 99.1. Routine annual earnings disclosure for a data center connectivity company.

8-KUnregistered equity saleApr 138-K — Item 3.02: Unregistered equity sale · Item 7.01: Press release / Reg FD
AI summary

CRDO filed an 8-K Item 7.01 (Reg FD) disclosure dated 2026-04-13. Reg FD disclosures make material information simultaneously available to all investors; content may include guidance updates, strategic plans, or preliminary results.

+ 7 other (2 13Gs · 2 earnings 8-Ks · 1 10-K · 1 SD) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

What This Billionaire Co-Founder's Credo Sale Signals With Shares Up 139%fool.com·1d agoWhat This Credo Insider's $12.6 Million Sale Means With Shares Up 121%fool.com·1d agoA Credo Executive Sold Nearly $24 Million in Stock Across Two Sales in One Dayfool.com·1d agoSteven Cress' Top 2 Stocks H2 2026seekingalpha.com·1d agoThe Physical AI Proof Points Are Suddenly Everywhereinvestorplace.com·4d ago

In themes

Explore the broader themes this ticker is being talked about under.

AI InfrastructureAdvanced Packaging & AI Interconnect

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Voices on X · top 8 · last 7 days

TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

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