Credo Technology (CRDO) will release its second-quarter earnings results on Monday, Dec. 1. The stock has already delivered an impressive rally, rising 33.7% over the past three months and soaring over 138% so far this year. Much of that momentum in CRDO stock has been driven by strong demand for its high-speed connectivity solutions tied to the ongoing boom in artificial intelligence. www.barchart.com Even after that notable surge, Wall Street remains bullish. Most analysts still rate Credo as a “Strong ...

Credo Technology Group Holding Ltd (NASDAQ:CRDO) will release earnings results for the second quarter after the closing bell on Monday, Dec. 1.Analysts expect the China-based company to report quarterly earnings at 50 cents per share, up from 7 cents per share in the year-ago period. The consensus estimate for Credo Technology's quarterly revenue is $234.99 million, compared to $72.03 million a year earlier, according to data from Benzinga Pro.On Nov. 24, Credo Technology reached a license agreement with Si ...

Earnings per share (EPS) for Q2 are estimated at $0.49, a 600% increase year-over-year.Projected Q2 revenue of approximately $235 million, up 226.6% from the previous year.Recent upgrade from "Hold" to "Buy" indicates a prime buying opportunity ahead of Q2 earnings.Credo Technology Group Holding Ltd, listed on the NASDAQ:CRDO, is a company that focuses on AI-driven infrastructure and high-speed connectivity solutions. It is gaining attention due to its innovative approach and significant growth potential. T ...

Group 1 - Credo Technologies (CRDO) has experienced a significant rally of 70% since early July 2025, driven by AI-related excitement and aggressive market movements [1] - Despite previous bearish calls citing overvaluation, the stock continues to rise, indicating strong market interest [1] Group 2 - The article highlights the author's extensive experience in finance, particularly in oilfield and real estate industries, with over a decade of experience in complex due diligence and M&A transactions [1] - The author has developed a focus on equity research and analysis, providing services for a Dubai-based family office with over $20 million in assets under management [1] - The emphasis is placed on the ability to analyze financial statements, evaluate market trends, and identify growth drivers across various industries [1]

Group 1: Company Overview - Credo Technology Group Holding Ltd. (CRDO) shares increased by 13% to $150.85 in the last trading session, following a period of 14.2% loss over the past four weeks [1] - The company is experiencing growth due to rising demand for AI-driven infrastructure and high-speed connectivity solutions [1] Group 2: Earnings Expectations - The upcoming quarterly earnings report is expected to show earnings of $0.49 per share, reflecting a year-over-year increase of 600% [2] - Revenues are projected to reach $235.23 million, which is a 226.6% increase compared to the same quarter last year [2] Group 3: Stock Performance and Analysis - The consensus EPS estimate for Credo Technology Group has remained unchanged over the last 30 days, indicating that stock price movements may not continue without earnings estimate revisions [3] - The stock currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [3] - In comparison, Sono-Tek Corporation (SOTK), another company in the same industry, saw a 4.8% decline in its stock price, with a -10.5% return over the past month [3]

Core Insights - Beyond the Wall Investing offers a subscription service that provides access to high-quality equity research reports, potentially saving investors thousands of dollars annually [1] - Credo Technology (CRDO) was previously recommended as a "buy" when its stock was priced at $68 per share, despite some growth investors considering it overpriced [1] Company Overview - Oakoff Investments is identified as a personal portfolio manager and quantitative research analyst with five years of experience in balancing growth and value investments [1] - The investing group Beyond the Wall Investing features a fundamentals-based portfolio, weekly analysis from institutional investors, and regular alerts for short-term trade ideas based on technical signals [1] Investment Strategy - The service includes ticker feedback upon request from readers and a community chat for discussions [1]

Key Takeaways CRDO posted record Q1 revenue growth of 274% and a cash position of $479.6M.Healthy cash position supports AI-driven product expansion amid intense competition.CRDO sees mid-single-digit sequential growth and about 120% year-over-year revenue gains.Credo Technology Group Holding Ltd ((CRDO) ended the first quarter of fiscal 2026 strongly, with revenue growth of 274% and a fortified balance sheet, boasting a cash position of $479.6 million. Management has signaled confidence that this financial ...

Key Takeaways Credo enters fiscal 2026 with strong quarterly revenue and sharply higher profitability.Growth is driven by strong AEC demand and expanding adoption across hyperscale customers.Optical DSPs and PCIe retimers add momentum as Q2 view implies robust revenues and margins.Credo Technology Group Holding Ltd (CRDO) entered fiscal 2026 with exceptional momentum, delivering a strong quarter and raising questions about whether its robust profitability can be sustained as growth accelerates through fisca ...

Group 1 - The optical communication sector in the US stock market experienced a significant increase, with Lumentum (LITE.US) rising over 11% [1] - Coherent (COHR.US) saw an increase of more than 5.5% [1] - Other companies such as Credo Technology (CRDO.US), Lumen Technologies (LUMN.US), and Astera Labs (ALAB.US) also reported gains exceeding 4% [1]

Key Takeaways CRDO's connectivity solutions and fast-growing AEC, optical and PCIe lines fuel its AI-driven expansion.Hyperlume's microLED technology and new product launches broaden CRDO's reach.AVGO posts AI semiconductor gains and VMware momentum but faces margin pressure and slower non-AI recovery. Semiconductor companies are at the core of the AI revolution as they offer solutions that enable improved processing power and efficiency to manage AI workloads. Amid rapid AI proliferation, investors are inc ...