Q3 Earnings Surge: Social media erupted following Credo Technology Group's third-quarter fiscal 2026 earnings, where revenue soared 201% year-over-year to $407 million, surpassing forecasts. Discussions emphasized the firm's dominance in high-speed connectivity for AI data centers, with active electrical cables and optical solutions driving the boom. High gross margins near 69% fueled optimism about sustained profitability.
AI Stack Essential: Commentators positioned CRDO as a core component in the AI infrastructure stack, alongside leaders in photonics and networking. Highlights included partnerships like TensorWave for ZeroFlap optics and upcoming showcases at OFC 2026. Peers noted explosive growth projections, with some forecasting revenue tripling amid hyperscaler demand.
Post-Earnings Rebound: Despite an initial share dip, conversations reflected resilience and rebound potential from recent lows. Voices on social media viewed volatility as a chance amid AI tailwinds, citing strong buy ratings and elevated price targets. The tone underscored confidence in CRDO's role in scaling GPU clusters.
Note: This discussion summary was generated from an AI condensation of post data.
Credo Technology Group Insider Trading Activity
Credo Technology Group insiders have traded $CRDO stock on the open market 347 times in the past 6 months. Of those trades, 0 have been purchases and 347 have been sales.
Here’s a breakdown of recent trading of $CRDO stock by insiders over the last 6 months:
- CHI FUNG CHENG (Chief Technology Officer) has made 0 purchases and 150 sales selling 752,500 shares for an estimated $113,918,103.
- YAT TUNG LAM (Chief Operating Officer) has made 0 purchases and 39 sales selling 600,000 shares for an estimated $91,327,330.
- WILLIAM JOSEPH BRENNAN (Pres & Chief Executive Officer) has made 0 purchases and 140 sales selling 325,948 shares for an estimated $47,594,270.
- DANIEL W. FLEMING (Chief Financial Officer) has made 0 purchases and 6 sales selling 121,142 shares for an estimated $16,702,549.
- LIP BU TAN has made 0 purchases and 3 sales selling 45,000 shares for an estimated $7,551,935.
- JAMES LAUFMAN (Chief Legal Officer, Secretary) sold 10,000 shares for an estimated $1,500,000
- PANTAS SUTARDJA, has made 0 purchases and 3 sales selling 8,158 shares for an estimated $1,246,048.
- MANPREET KHAIRA has made 0 purchases and 2 sales selling 7,000 shares for an estimated $1,098,361.
- SYLVIA ACEVEDO has made 0 purchases and 3 sales selling 4,075 shares for an estimated $697,389.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
Credo Technology Group Revenue
Credo Technology Group had revenues of $407M in Q3 2026. This is an increase of 201.49% from the same period in the prior year.
You can track CRDO financials on Quiver Quantitative's CRDO stock page.
Credo Technology Group Congressional Stock Trading
Members of Congress have traded $CRDO stock 5 times in the past 6 months. Of those trades, 2 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $CRDO stock by members of Congress over the last 6 months:
- SENATOR MARKWAYNE MULLIN has traded it 3 times. They made 0 purchases and 3 sales worth up to $150,000 on 02/04, 12/18.
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 2 times. They made 2 purchases worth up to $30,000 on 01/20, 10/30 and 0 sales.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
Credo Technology Group Hedge Fund Activity
We have seen 461 institutional investors add shares of Credo Technology Group stock to their portfolio, and 338 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CORIENT PRIVATE WEALTH LLC added 3,597,318 shares (+239024.5%) to their portfolio in Q4 2025, for an estimated $517,618,087
- BLACKROCK, INC. added 3,586,875 shares (+20.5%) to their portfolio in Q4 2025, for an estimated $516,115,443
- JPMORGAN CHASE & CO removed 1,904,946 shares (-24.7%) from their portfolio in Q4 2025, for an estimated $274,102,679
- D. E. SHAW & CO., INC. removed 1,680,028 shares (-51.9%) from their portfolio in Q4 2025, for an estimated $241,739,228
- AMUNDI added 1,554,338 shares (+28478.2%) to their portfolio in Q4 2025, for an estimated $223,653,694
- PRICE T ROWE ASSOCIATES INC /MD/ removed 1,539,094 shares (-28.8%) from their portfolio in Q4 2025, for an estimated $221,460,235
- JANUS HENDERSON GROUP PLC added 1,422,391 shares (+841.9%) to their portfolio in Q4 2025, for an estimated $204,667,840
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Credo Technology Group Analyst Ratings
Wall Street analysts have issued reports on $CRDO in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Mizuho issued a "Outperform" rating on 12/02/2025
- Susquehanna issued a "Positive" rating on 10/22/2025
- Barclays issued a "Overweight" rating on 10/07/2025
- William Blair issued a "Outperform" rating on 09/18/2025
To track analyst ratings and price targets for Credo Technology Group, check out Quiver Quantitative's $CRDO forecast page.
Credo Technology Group Price Targets
Multiple analysts have issued price targets for $CRDO recently. We have seen 8 analysts offer price targets for $CRDO in the last 6 months, with a median target of $200.0.
Here are some recent targets:
- N. Quinn Bolton from Needham set a target price of $220.0 on 03/03/2026
- Christopher Rolland from Susquehanna set a target price of $170.0 on 03/03/2026
- Vijay Rakesh from Mizuho set a target price of $200.0 on 03/03/2026
- Mike Genovese from Rosenblatt set a target price of $125.0 on 03/03/2026
- Suji Desilva from Roth Capital set a target price of $200.0 on 02/10/2026
- Vivek Arya from B of A Securities set a target price of $240.0 on 12/02/2025
- Thomas O'Malley from Barclays set a target price of $220.0 on 12/02/2025
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
