Shares of Credo Technology Group Holding Ltd. (CRDO) have gained 5.8% over the past four weeks to close the last trading session at $102.54, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $200 indicates a potential upside of 95.1%.The average comprises 13 short-term price targets ranging from a low of $125.00 to a high of $260.00, with a standard deviation of $37.36. While the ...

Core Insights - Credo Technology Group (CRDO) is enhancing its position in the AI sector through an inorganic expansion strategy, highlighted by the acquisition of CoMira Solutions, a high-speed connectivity IP firm [1][11]. Acquisition Details - The acquisition of CoMira Solutions, announced with the third-quarter fiscal 2026 results, strengthens Credo's scale-out products, including ZeroFlap AECs, ZF Optics, ALCs, and OmniConnect solutions, by adding innovative connectivity products such as link layer, error correction (ECC), and security semiconductor IP [2][11]. - This buyout will enable Credo to support multiple protocols, including UALink, Ethernet, ESUN, and PCIe, enhancing its differentiation in reliability and system-level integration for AI products [3][11]. - The CoMira acquisition builds on a previous acquisition of Hyperlume, which is expected to enhance next-generation connectivity solutions as AI and cloud data centers demand more from data infrastructure [4]. Technology and Market Position - Hyperlume's microLED technology, which offers energy-efficient and low-latency data transmission, positions Credo favorably in the market as microLEDs gain recognition as a next-generation optical technology for data center interconnects [5]. - Inorganic acquisitions like CoMira are valuable for accelerating access to the latest technologies, providing tools and market access that enhance organic growth [6]. Financial Performance - Credo reported exceptional financial momentum, with third-quarter revenues reaching $407 million, a 51.9% sequential increase and a 201.5% year-over-year increase. The non-GAAP gross margin was 68.6%, up from 63.8% a year ago, and non-GAAP net income was $208.8 million, reflecting a 51.3% net margin [7][11]. - The company generated free cash flow of $139.7 million in the third quarter and ended with $1.3 billion in cash and equivalents, enabling continued investments in product innovation and acquisitions [8]. Competitive Landscape - As AI infrastructure scales rapidly, Credo's combination of organic execution and targeted inorganic expansion is expected to deepen its technology moat and broaden its addressable market amid increasing competitive pressure [8].

joxxxxjo/iStock via Getty Images Listen here or on the go via Apple Podcasts and Spotify Seeking Alpha's Head of Quant, Steven Cress, gives a market update in this heated environment (1:20) Context for sliding stocks like Credo and Micron (10:00) 3 REIT strong buys for dividend seekers (17:30) Transcript Rena Sherbill: Steven Cress, our Head of Quant. We are always very happy to talk to you. Welcome back to investing Experts. Great to have you on again. Steve Cress: Thank you so much for having me an ...

Credo Technology Group Holding Ltd (NASDAQ:CRDO) is one of the Best Up and Coming AI Stocks to Buy. On March 3, William Blair reiterated a Buy rating on the stock, without disclosing any price targets. On the same day, Bank of America Securities reiterated a Buy rating on Credo Technology Group Holding Ltd (NASDAQ:CRDO) but lowered the price target from $200 to $160. ​The ratings follow Credo’s fiscal Q3 2026 earnings release on March 2. During the quarter, the company grew its revenue by 201.49% year-ov ...

These are baffling moments for semiconductor investors. The recent earnings for NVIDIA Corporation ( NVDA ) demonstrated to us that, even as the company posted anJR Research is an opportunistic investor. I was recognized by TipRanks as a Top Analyst, and also by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. I identify attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. ...

Core Viewpoint - The optics sector experienced a significant sell-off, with shares of Credo Technology, Lumentum, and Applied Optoelectronics declining sharply after a previous surge driven by NVIDIA's investment in Coherent [1]. Company Summaries Credo Technology (CRDO) - Credo's stock fell by 15% following its earnings report, which showed revenue of $407.01 million, a 201.5% year-over-year increase, surpassing estimates by 5% [1]. - The company's Q4 gross margin guidance was revised down to 64-66% from 68.6%, raising concerns among investors despite strong earnings [1]. - CEO Bill Brennan highlighted record results, with revenue growth exceeding 50% sequentially and 200% year-over-year [1]. Lumentum (LITE) - Lumentum's shares dropped by 11%, primarily due to profit-taking after a substantial increase in stock price over the past year, where it surged 957% [1]. - The company reported a 65.5% year-over-year revenue growth in its most recent quarter, with guidance indicating over 85% growth for the next quarter [1]. Applied Optoelectronics (AAOI) - AAOI's stock decreased by 7%, following a remarkable rise of 438% over the past year [1]. - The company projected Q1 2026 revenue between $150 million and $165 million, with full-year 2026 revenue potentially exceeding $1 billion [1].

Quick Read Credo Technology (CRDO) closed down 15%, Lumentum (LITE) down 11%, and Applied Optoelectronics (AAOI) down 7% today. Credo’s earnings caused the stock to drop, but Lumentum and Applied Optoelectronics mostly saw declines due to profit-taking after furious growth so far in 2026. Profit-taking accelerates after yesterday’s sector-wide surge, with Credo Technology’s Q4 gross margin guidance compression from 68.6% to 64-66% triggering additional selling pressure despite strong earnings. The an ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) Credo Technology Group Holding Ltd (Exact name of registrant as specified in its charter) Cayman Islands N/A (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) c/o Maples Corporate Services, Limited, ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended January 31, 2026 or ☐ TRANSITION REPORT PURSUANT ...

Small deep value individual investor, with a modest private investment portfolio, split approx. 50%-50% between shares and call options. I have a B.Sc. in aeronautical engineering and over 6 years of experience as an engineering consultant in the aerospace sector. The latter statement is not relevant in any way whatsoever to my investment style, but I thought to add it for self-indulgent purposes. I have a contrarian investment style, highly risky, and often dealing with illiquid options. How illiquid? Well ...

Post earnings, Credo Technology Group Holding Ltd's ( CRDO ) shift was precisely where I expected it would be: not demand but durability. Fiscal Q3 revenue came in at $407 million, an increase of over 200% year overPythia Research focuses on multi-bagger stocks, primarily in the technology sector. Our approach combines financial analysis, behavioral finance, psychology, social sciences, and alternative metrics to assess companies with high conviction and asymmetric risk-reward potential. By leveraging both ...