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Credo Technology Surges 144% in 3 Months: Is the Stock Still a Buy?
ZACKSยท 2025-07-09 14:15
Key Takeaways CRDO shares have jumped 144% in three months, nearing its 52-week high on strong AI-driven product demand. AECs, optical DSPs and retimers continue to witness traction, driving $436.8M in revenues in fiscal 2025. CRDO projects over $800M in fiscal 2026 revenues amid tariff and market risks.Credo Technology Group Holding Ltd (CRDO) has been on a tear, with the stock appreciating 144.2% over the past three months. Riding on momentum fueled by AI proliferation and increasing demand for faster a ...