Credo Technology News Today

Scout Investments Inc. cut its holdings in Credo Technology Group Holding Ltd (NASDAQ:CRDO – Free Report) by 1.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 539,674 shares of the company’s stock after selling 8,444 shares during the period. Scout Investments Inc.’s holdings in Credo Technology […]

Analysts see positive effects for multiple other companies as a result of Nvidia's growth and blowout earnings.

Credo Technology Group Holding Ltd (NASDAQ:CRDO – Get Free Report) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totalling 11,580,000 shares, an increase of 7.8% from the April 15th total of 10,740,000 shares. Based on an average trading volume of […]

Credo Technology Group (NASDAQ:CRDO – Free Report) had its target price upped by Craig Hallum from $28.00 to $30.00 in a research report report published on Monday morning, Benzinga reports. They currently have a buy rating on the stock. CRDO has been the subject of a number of other research reports. Mizuho reiterated a buy […]

Shares of Credo Technology Group Holding Ltd (NASDAQ:CRDO – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the eight analysts that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and six have given a buy […]

Credo Technology Group (NASDAQ:CRDO – Free Report) had its target price hoisted by The Goldman Sachs Group from $23.00 to $26.00 in a research note published on Wednesday, Benzinga reports. They currently have a buy rating on the stock. Several other brokerages also recently issued reports on CRDO. Stifel Nicolaus upped their price target on […]

Credo Technology Group (NASDAQ:CRDO – Get Free Report) issued its quarterly earnings results on Tuesday. The company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.03 by $0.01, Briefing.com reports. Credo Technology Group had a negative return on equity of 7.98% and a negative net margin of 19.00%. The firm had revenue […]

Mizuho predicts a market estimate of $400 billion for AI by 2027. One analyst said this company will likely win the AI race.

Scout Investments Inc. lowered its stake in Credo Technology Group Holding Ltd (NASDAQ:CRDO – Free Report) by 2.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 548,118 shares of the company’s stock after selling 15,924 shares during the period. Scout Investments Inc. owned […]

Credo Technology Group Holding Ltd (NASDAQ:CRDO – Get Free Report) CEO William Joseph Brennan sold 15,000 shares of the company’s stock in a transaction on Tuesday, January 30th. The shares were sold at an average price of $21.05, for a total value of $315,750.00. Following the transaction, the chief executive officer now directly owns 3,172,500 […]