NASDAQ: CRDO

Credo Technology (CRDO) Stock Analysis & Forecast

Nov 4 close

$136.50−14.41 (−9.5%)

Gekko Brief

AI summaryNov 3 close

Credo Technology moves this week on continued debate over its valuation and growth trajectory following its Q1 fiscal 2027 results. Coverage compares Credo with Sandisk, noting trailing-12-month revenue up roughly 165%, while another piece flags that Q1 FY2027 revenue surged 114.7% year-over-year even as gross margin declined and cash generation lagged reported earnings. A separate piece notes the stock has fallen nearly 20% in a single month despite the triple-digit growth, while a seasonal returns chart tracks average monthly performance from 2022 to 2026.

CRDO closes at $150.91, down 7.8% on the day, with its 50-day average at $185.15 and 200-day average at $181.02, placing the trend between the two. The GekkoIndex reads 63.4, in the Accumulation zone. The stock trades 32.1% below the Gekko Fair Value estimate of $222.13.

Credo's next earnings date falls on 2 December 2026, after close, 28 days out and within a typical 20-trading-day holding window; the prior report saw EPS of $0.78 against a $0.93 estimate and a 27% reaction. Options activity shows 4 unusual signals over the last 30 days, with call premium at $3.2 million against put premium at $4.1 million. Seasonality from this point in the calendar has averaged a 14.8% move over the next 20 trading days across 4 years, rising in 4 of them. Analyst consensus among 13 firms stands at 12 buy and 1 hold, with a consensus target of $284.05.

Written by AI from the Nov 3, 2026 close and checked automatically against the figures on this page.

Credo Technology price vs fair value

$222.19$136.50Nov ’25May ’26Nov ’26
Close $136.50200-day averageGekko Fair Value $222.19

Credo Technology quick facts

Market cap
$25.66B
P/E ratio
49.7
Forward P/E
24
EPS, TTM
$2.82
Revenue, TTM
$1.59B
Profit margin
33.8%
Dividend yield
—
Beta
3.29
Volume
10.66M avg 8.49M
1-year return
−24.4%
Typical daily move
±11.3%
Typical 20-day move
±15.2%
50-day average
$183.35
200-day average
$180.94
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 3 supportive, 1 mixed and 2 headwinds across the 6 checklist items with data.

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

3 supportive1 mixed2 headwinds

  • Trendmixed

    Averages disagree

    Close $136.50 sits between the 50-day ($183.35) and 200-day ($180.94) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    64.2, Accumulation

    Reading 64.2 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    38.6% below

    Price is 38.6% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyheadwind

    Leans bearish

    Last 30 days: 4 unusual options signals.

    See smart money
  • Earnings riskheadwind

    Reports in 27 days

    Reports on Dec 2, 2026, 27 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +31.4% on average

    From this point in the calendar, the next 20 trading days averaged +31.4% over 4 years, rising in 4 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 $136.50 on Nov 4, 2026, −24.4% over the past year, inside a 52-week range of $86.49 to $308.67.

Close50-day average200-day averageVolume
Credo Technology share price, past year, with 50-day and 200-day moving averages and volume$100$200$250$300DecJan 2026FebMarAprMayJunJulAugSepOct136.50

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

Performance Breakdown

1 month
−38.2%
3 months
−40.8%
6 months
−31.2%
1 year
−24.4%
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 64.2, in the Accumulation zone, up 3.6 points over five sessions.

010064.2Accumulation

Up 3.6 points over five sessions.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying24Not available
Accumulation (current zone)183+1.7%+6.8%+13.1%+44.6%
Neutral404+2.3%+3.5%+7.5%+17.8%
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 +2.0% 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 38.6% below Gekko Fair Value of $222.19, so the shares are undervalued on Gekko’s estimate.

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

$222.19

Gekko Fair Value, Nov 4, 2026

38.6% Undervalued

At the end of Aug 2026 the price was 13.1% below the estimate.

Gekko Fair ValueShare price, month end
$222$151Aug 2026SepOctNov 2026

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
0.10%

From company filings.

Unusual options activity last 30 days

4signals, 44% of the flagged premium in calls.

Latest: Bullish flow on Oct 31, $1.33M 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 (27 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 $284.05, +108.1% from the last close, from 13 firms rating the stock in the last 90 days.

$284.05consensus 12-month target, +108.1% from the last close
Low $235High $310
Buy12
Hold1
Sell0

Each firm’s latest rating in the last 90 days: 13 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Oct 5Stifel NicolausBuy, maintained$310+127.1%
Oct 2TD CowenBuy, reiterated$300+119.8%
Oct 1JefferiesBuy, maintained$270+97.8%
Sep 18Mizuho SecuritiesBuy, reiterated$245+79.5%
Sep 2William BlairBuy, reiterated——
+13.1%average 20-day move after past Accumulation readings
+31.4%average move over the next 20 trading days in the last 4 years
±11.3%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 Nov 4, Credo Technology averaged +31.4% across the last 4 years, rising in 4 of them.

Next 20 trading days, by year

+4.7%2022+26.3%2023+76.4%2024+15.2%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+6.4%3 of 4
Next 10 trading days+1.6%3 of 4
Next 15 trading days+10.3%2 of 4
Next 20 trading days+31.4%4 of 4
Next 30 trading days+19.7%2 of 4

For scale, CRDO’s typical 20-trading-day move in either direction is about 15.2%.

Credo Technology market cap and key statistics

Credo Technology’s market cap is $25.66B, with a P/E ratio of 49.7 and revenue of $1.59B over the last twelve months.

Valuation

Market cap
$25.66B
P/E ratio
49.7
Forward P/E
24
EPS, TTM
$2.82
Gekko Fair Value
$222.19

Trading

Volume
10.66M
Avg volume, 20 days
8.49M
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
3.29
Typical daily move
±11.3%
Typical 20-day move
±15.2%

Credo Technology stock news this week

6 headlines about Credo Technology from the past week, newest first, each linking to the publisher.

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−0.3%Neutral8.4% below
ACNAccenture+2.2%Neutral14.6% above
NETCloudflare−0.6%Accumulation11.4% below
FTNTFortinet+0.9%Buying5.1% above
WDAYWorkday−1.4%Neutral15.9% above
CTSHCognizant Technology Solutions+2.5%Neutral18.7% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

More stocks in Information technology services

Credo Technology stock FAQ

What is Credo Technology’s market cap?

Credo Technology’s market cap is $25.66B at the Nov 4, 2026 close of $136.50, with 188.0M shares outstanding. The shares trade on a P/E ratio of 49.7.

What is the Credo Technology stock forecast?

The consensus analyst 12-month price target for Credo Technology is $284.05, +108.1% from the last close. Of the 13 firms that rated the stock in the last 90 days, 12 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 Nov 4, 2026 close of $136.50 is 38.6% below Gekko Fair Value of $222.19. 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 (27 days away). Analysts expect earnings of $1.29 per share on revenue of $531.8M. 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 $136.50 on Nov 4, 2026, −24.4% 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, 3 of the 6 items with data read as supportive (gekkoindex, fair value and seasonality), 1 as mixed (trend) and 2 as headwinds (smart money and earnings risk). The checklist is a description of current data, not a recommendation.

Is there unusual options activity in Credo Technology?

Gekko flagged 4 unusual options signals in Credo Technology over the last 30 days, with $3.16M of flagged premium in calls and $4.09M in puts. The latest, bullish flow, was on Oct 31, 2026 with $1.33M in unusual premium. The signal-by-signal table is in Gekko.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each 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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