NASDAQ: CRDO

Credo Technology (CRDO) Stock Analysis & Forecast

Credo Technology Group Holding Ltd. Technology services sector, information technology services industry. Market cap $32.80B.

$175.89+7.64 (+4.5%)

Close on Sep 18, 2026. Page updated Sep 19, 9:17 pm ET.

Gekko Brief

AI summary

Credo Technology (CRDO) closes at $175.89, up 4.5%, with the stock sitting almost exactly at its 200-day average ($175.83) but well below its 50-day average ($213.66). The GekkoIndex reads 65.5, placing the stock in the Accumulation zone, down 6.7 over five days. Shares trade 26.9% below Gekko Fair Value of $240.70, a wide gap against a 52-week range of $86.49 to $308.67.

Coverage this week centers on the aftermath of Credo's Q1 fiscal 2027 report, where revenue hit a record $479 million, up 10% sequentially, with non-GAAP gross margin at 68% and non-GAAP net income above $236 million, though free cash flow was reported at $83 million. The stock has slumped to a low of $148, described as a nearly 50% drop from its yearly high, even as the company markets new 1.6T optical connectivity products, including ZeroFlap transceivers, and is set to showcase technology at ECOC 2026. Separately, CEO Brennan William Joseph disposed of 16,672 shares between $150.39 and $153.39, about 1.0% of his prior holdings, leaving him with 1,600,830 shares. Comparisons to NVIDIA and Sandisk also circulated among coverage.

Looking ahead, the next earnings date falls on 2 December, 73 days out, beyond a typical 20-day hold. Options activity shows 2 unusual signals over the last 30 days, with call premium of $4.4 million against put premium of $357,630. Seasonally, the next 20 trading days have averaged a 3.7% gain over 4 years, positive in 2 of those years. Analyst coverage spans 14 firms, with 13 rating it buy and a consensus target of $282.47.

Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.

Price vs fair value

Close $175.89200-day averageGekko Fair Value $240.70

Key stats

Market cap
$32.80B
P/E ratio
56.8
Forward P/E
25.7
EPS, TTM
$2.96
Revenue, TTM
$1.59B
Profit margin
33.8%
Dividend yield
Beta
3.23
Volume
13.23M avg 8.17M
1-year return
+7.0%
Typical daily move
±7.3%
Typical 20-day move
±15.1%
50-day average
$213.66
200-day average
$175.83
Next earnings
Dec 2 after close
Shares outstanding
188.0M
52-week range
$86.49$308.67

Credo Technology swing-trade checklist

Credo Technology scores 4 supportive, 2 mixed and 0 headwinds across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

4 supportive2 mixed0 headwinds

  • Trendmixed

    Averages disagree

    Close $175.89 sits between the 50-day ($213.66) and 200-day ($175.83) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    65.5, Accumulation

    Reading 65.5 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    26.9% below

    Price is 26.9% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 30 days: 2 unusual options signals.

    See smart money
  • Earnings risksupportive

    Reports in 73 days

    Next report Dec 2, 2026, 73 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitymixed

    +3.7% on average

    From this point in the calendar, the next 20 trading days averaged +3.7% over 4 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Credo Technology stock chart and price history

Credo Technology closed at $175.89 on Sep 18, 2026, +7.0% over the past year, inside a 52-week range of $86.49 to $308.67.

Close50-day average200-day averageVolume

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−25.1%
3 months
−35.3%
6 months
+64.2%
1 year
+7.0%
The full CRDO chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open CRDO in Gekko

Follow Credo Technology through every session

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About Credo Technology

Credo Technology builds components that help data travel quickly through both optical and electrical Ethernet systems. Its catalog spans integrated circuits, active electrical cables, and SerDes chiplets, each grounded in signal-serializing and digital-processing designs the company developed itself. This mix of connectivity hardware is what the firm is chiefly recognized for.

Beyond selling physical parts, Credo also licenses its underlying SerDes designs as intellectual property, adding a licensing stream to its hardware business. The company runs operations in several countries, including the United States, Mexico, Hong Kong, and mainland China, among other locations worldwide.

Founded in 2008, Credo Technology keeps its main offices in San Jose, California. The company's stock is listed on the NASDAQ under the ticker CRDO.

Listed
NASDAQ
Sector
Technology services
Industry
Information technology services
Website
credosemi.com

Credo Technology GekkoIndex: the smart money zone

Credo Technology’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 65.5, in the Accumulation zone, down 6.7 points over five sessions.

010065.5Accumulation

Down 6.7 points over five sessions, from the Buying zone.

Reading for Sep 18, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying17Not available
Accumulation (current zone)168+1.6%+6.9%+13.9%+47.6%
Neutral391+2.6%+4.2%+8.9%+20.9%
Distribution78+1.7%+2.9%+10.8%+34.6%
Selling8Too few readings yet

Average CRDO share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the CRDO price, zone by zone.Track CRDO in Gekko

Is Credo Technology stock overvalued? Gekko Fair Value

Credo Technology trades 26.9% below Gekko Fair Value of $240.70, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Credo Technology shares are worth, recalculated every trading day.

$240.70

Gekko Fair Value, Sep 19, 2026

26.9% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open CRDO in Gekko

Credo Technology insider and Congress trading

No open-market insider purchases were filed for Credo Technology, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for CRDO in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every CRDO insider filing, plotted on the chart in Gekko.Open CRDO in Gekko

Congress trades last 90 days

No trades in CRDO were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for CRDO, plotted on the chart in Gekko.Open CRDO in Gekko

Buybacks

Credo Technology has been buying back its own shares.

Bought back, quarter ended Aug 1, 2026
$25.94M
As a share of market cap
0.08%

From company filings.

Unusual options activity last 30 days

2signals, 93% of the flagged premium in calls.

Latest: Bullish flow on Sep 12, $2.93M in unusual premium.

Hedge funds and billionaires quarter ended Jun 30

3of the funds Gekko tracks hold CRDO.

1added2opened0trimmed0sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko

Credo Technology earnings: next date and track record

Credo Technology reports on Dec 2, 2026, after the close (73 days away), and beat the EPS estimate in 7 of its last 8 reports.

7 of 8reports beat the EPS estimate
±17.8%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

+44.4%Dec ’24−22.6%Mar ’25+18.0%Jun ’25+7.8%Sep ’25+6.1%Dec ’25−13.3%Mar ’26−3.0%Jun ’26−27.0%Sep ’26

Last earnings call, Sep 1, 2026 AI summary

What they said
Credo (CRDO) reported record Q1 fiscal 2027 revenue of $479 million, up 10% sequentially and more than doubling year-over-year. Non-GAAP gross margin reached 68%, with non-GAAP net income exceeding $236 million, up 140% YoY. This marks 7 consecutive quarters of triple-digit YoY growth. Key growth drivers include AEC products with 5 hyperscaler relationships and a rapidly expanding optical DSP business hitting record revenue.
Guidance
Management expects continued outsized growth in fiscal 2027, with optical business growing fastest. First 1.6T DSP revenue is on track for later in fiscal 2027, providing additional growth vectors alongside AEC penetration expansion and 200G-per-lane transitions.
ReportedEPSSurpriseRevenueSurpriseMove
Sep 1, 2026$0.78
est $0.93
−16.1%$479.0M
est $473.3M
+1.2%−27.0%
Jun 1, 2026$1.16
est $1.03
+12.6%$437.0M
est $431.8M
+1.2%−3.0%
Mar 2, 2026$1.07
est $0.94
+13.8%$407.0M
est $406.2M
+0.2%−13.3%
Dec 1, 2025$0.67
est $0.49
+36.2%$268.0M
est $235.0M
+14.1%+6.1%
Sep 3, 2025$0.52
est $0.36
+43.9%$223.1M
est $190.6M
+17.0%+7.8%
Jun 2, 2025$0.35
est $0.27
+27.8%$170.0M
est $159.6M
+6.5%+18.0%
Mar 5, 2025$0.25
est $0.18
+38.9%$135.0M
est $120.4M
+12.2%−22.6%
Dec 2, 2024$0.07
est $0.05
+40.0%$72.03M
est $66.81M
+7.8%+44.4%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Credo Technology stock forecast and analyst price targets

Analysts’ average 12-month price target for Credo Technology is $282.47, +60.6% from the last close, from 14 firms rating the stock in the last 90 days.

$282.47consensus 12-month target, +60.6% from the last close
Low $235High $350
Buy13
Hold1
Sell0

Each firm’s latest rating in the last 90 days: 14 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 2William BlairBuy, reiterated
Sep 2NeedhamBuy, maintained$275+56.3%
Sep 2Stifel NicolausBuy, reiterated$350+99.0%
Sep 2J.P. MorganBuy, maintained$310+76.2%
Sep 2Rosenblatt SecuritiesHold, maintained$235+33.6%
+13.9%average 20-day move after past Accumulation readings
+3.7%average move over the next 20 trading days in the last 4 years
±7.3%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Credo Technology seasonality: the next 20 trading days

Over the next 20 trading days from Sep 19, Credo Technology averaged +3.7% across the last 4 years, rising in 2 of them.

Next 20 trading days, by year

−7.8%2022+1.3%2023+29.8%2024−15.3%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−2.6%1 of 4
Next 10 trading days−1.0%2 of 4
Next 15 trading days+1.6%2 of 4
Next 20 trading days+3.7%2 of 4
Next 30 trading days+17.3%3 of 4

For scale, CRDO’s typical 20-trading-day move in either direction is about 15.1%.

Credo Technology market cap and key statistics

Credo Technology’s market cap is $32.80B, with a P/E ratio of 56.8 and revenue of $1.59B over the last twelve months.

Valuation

Market cap
$32.80B
P/E ratio
56.8
Forward P/E
25.7
EPS, TTM
$2.96
Gekko Fair Value
$240.70

Trading

Volume
13.23M
Avg volume, 20 days
8.17M
52-week high
$308.67
52-week low
$86.49
Shares outstanding
188.0M

Financials

Revenue, TTM
$1.59B
Profit margin
33.8%
Return on equity
30.7%
Quarterly earnings growth, YoY
+97.1%

Risk and income

Beta
3.23
Typical daily move
±7.3%
Typical 20-day move
±15.1%

Credo Technology peers

Credo Technology’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
IBMInternational Business Machines−3.5%Accumulation15.8% below
FTNTFortinet−1.5%Neutral29.1% above
NETCloudflare−4.3%Neutral14.0% above
ACNAccenture−3.9%Neutral5.3% below
WDAYWorkday−2.7%Neutral15.8% above
HPQHP−1.0%Neutral9.3% above

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Credo Technology stock FAQ

What is Credo Technology’s market cap?

Credo Technology’s market cap is $32.80B at the Sep 18, 2026 close of $175.89, with 188.0M shares outstanding. The shares trade on a P/E ratio of 56.8.

What is the Credo Technology stock forecast?

The consensus analyst 12-month price target for Credo Technology is $282.47, +60.6% from the last close. Of the 14 firms that rated the stock in the last 90 days, 13 rate it a buy, 1 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Credo Technology stock overvalued or undervalued?

On Gekko’s estimate Credo Technology is undervalued: the Sep 18, 2026 close of $175.89 is 26.9% below Gekko Fair Value of $240.70. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Credo Technology report earnings next?

Credo Technology is expected to report on Dec 2, 2026, after the market closes (73 days away). Analysts expect earnings of $1.29 per share on revenue of $531.6M. Credo Technology beat the earnings estimate in 7 of its last 8 reports, moving 17.8% on average across the report.

What is Credo Technology’s 52-week high and low?

Credo Technology’s 52-week high is $308.67 and its 52-week low is $86.49; it closed at $175.89 on Sep 18, 2026, +7.0% over the past year.

Is Credo Technology stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 6 items with data read as supportive (gekkoindex, fair value, smart money and earnings risk), 2 as mixed (trend and seasonality). The checklist is a description of current data, not a recommendation.

Is there unusual options activity in Credo Technology?

Gekko flagged 2 unusual options signals in Credo Technology over the last 30 days, with $4.45M of flagged premium in calls and $358K in puts. The latest, bullish flow, was on Sep 12, 2026 with $2.93M in unusual premium. The signal-by-signal table is in Gekko.

How this page works

Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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