Earnings Results - Credo Technology Group Holding Ltd is set to release its second-quarter earnings results on December 1, with analysts expecting earnings of 50 cents per share, a significant increase from 7 cents per share in the same period last year [1] - The consensus estimate for quarterly revenue is $234.99 million, compared to $72.03 million a year earlier [1] Recent Developments - On November 24, Credo Technology entered a licensing agreement with Siemon regarding patents for active electrical cable technology, which contributed to a 2.2% increase in share price, closing at $154.18 [2] Analyst Ratings - Susquehanna analyst Christopher Rolland maintained a Positive rating and raised the price target from $165 to $175 [4] - Barclays analyst Thomas O'Mailey maintained an Overweight rating with a price target of $165 [4] - William Blair analyst Sebastien Naji initiated coverage with an Outperform rating [4] - Roth Capital analyst Suji Desilva maintained a Buy rating and increased the price target from $95 to $160 [4] - Stifel analyst Tore Svanberg maintained a Buy rating and raised the price target from $130 to $155 [4]