Credo Technology Group (CRDO) to Release Earnings on Monday

Credo Technology Group (NASDAQ:CRDO) will likely be posting its Q4 2026 results after the market closes on Monday, June 1st. Analysts expect Credo Technology Group to post earnings of $1.03 per share and revenue of $431.7950 million for the quarter. Individuals may visit the the company’s upcoming Q4 2026 earning results page for the latest details on the call scheduled for Monday, June 1, 2026 at 5:00 PM ET.

Credo Technology Group (NASDAQ:CRDO) last announced its earnings results on Monday, March 2nd. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.29. The company had revenue of $407.01 million during the quarter, compared to the consensus estimate of $385.94 million. Credo Technology Group had a return on equity of 29.63% and a net margin of 31.81%.The company’s revenue was up 201.5% on a year-over-year basis. During the same period last year, the firm earned $0.25 earnings per share. On average, analysts expect Credo Technology Group to post $2 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Credo Technology Group Price Performance

Shares of Credo Technology Group stock opened at $218.41 on Monday. The business has a 50-day moving average of $146.81 and a 200-day moving average of $142.79. The company has a market capitalization of $40.29 billion, a PE ratio of 121.34 and a beta of 3.17. Credo Technology Group has a 1-year low of $59.00 and a 1-year high of $218.95.

Credo Technology Group News Summary

Here are the key news stories impacting Credo Technology Group this week:

• Positive Sentiment: Credo was highlighted as an AI infrastructure winner alongside Nvidia, Innodata and Qualcomm, keeping investor focus on its exposure to edge computing and data growth. Zacks Investment Ideas feature highlights: Nvidia, Innodata, Credo Technology and Qualcomm
• Positive Sentiment: Zacks framed CRDO as one of the better alternative AI stocks to Nvidia, suggesting more upside as investors look beyond the mega-cap leader. Has Nvidia Become Too Big? 3 Alternative AI Stocks
• Positive Sentiment: Credo jumped after announcing an AI Factory partnership with Rebellions to integrate ZeroFlap cables into RebelPOD, which could strengthen its position in scalable AI data center builds. AI Factory Partnership With Rebellions Sends Credo’s Shares Up 8%
• Positive Sentiment: Several outlets described Credo as a “Bull of the Day” and a top semiconductor stock with high upside potential, adding to the upbeat sentiment around the shares. Bull of the Day: Credo Technology Group (CRDO)
• Neutral Sentiment: One article compared CRDO with Coherent as an AI connectivity stock, but the piece was more of an industry comparison than a fresh catalyst. CRDO vs. COHR: Which AI Connectivity Stock Is the Better Buy?
• Negative Sentiment: Broader market coverage noted Nvidia weakness and mixed trading in AI names, which could have tempered enthusiasm even as Credo outperformed. Stock Market Today: Dow Up, Nvidia Sinks 2% While Intuit Craters; These AI Companies Thrive (Live Coverage)

Insider Transactions at Credo Technology Group

In related news, CEO William Joseph Brennan sold 50,000 shares of Credo Technology Group stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $117.68, for a total value of $5,884,000.00. Following the completion of the transaction, the chief executive officer directly owned 1,782,502 shares in the company, valued at approximately $209,764,835.36. This trade represents a 2.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CTO Chi Fung Cheng sold 27,500 shares of Credo Technology Group stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $117.60, for a total value of $3,234,000.00. Following the completion of the transaction, the chief technology officer owned 6,272,370 shares of the company’s stock, valued at $737,630,712. This trade represents a 0.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 386,608 shares of company stock valued at $50,371,351 over the last quarter. Insiders own 11.84% of the company’s stock.

Hedge Funds Weigh In On Credo Technology Group

Hedge funds have recently bought and sold shares of the company. Acumen Wealth Advisors LLC acquired a new position in Credo Technology Group in the fourth quarter worth about $25,000. Van ECK Associates Corp bought a new position in Credo Technology Group in the fourth quarter worth about $37,000. Quarry LP lifted its holdings in Credo Technology Group by 642.5% in the third quarter. Quarry LP now owns 297 shares of the company’s stock worth $43,000 after acquiring an additional 257 shares during the last quarter. Transamerica Financial Advisors LLC lifted its holdings in Credo Technology Group by 268.6% in the fourth quarter. Transamerica Financial Advisors LLC now owns 317 shares of the company’s stock worth $46,000 after acquiring an additional 231 shares during the last quarter. Finally, Ossiam bought a new position in Credo Technology Group in the third quarter worth about $49,000. 80.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Weiss Ratings downgraded Credo Technology Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, April 24th. Zacks Research upgraded Credo Technology Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 19th. Needham & Company LLC restated a “buy” rating and set a $220.00 target price on shares of Credo Technology Group in a research note on Wednesday, April 15th. Mizuho lowered their target price on Credo Technology Group from $225.00 to $200.00 and set an “outperform” rating for the company in a research note on Tuesday, March 3rd. Finally, Craig Hallum restated a “buy” rating and set a $200.00 target price on shares of Credo Technology Group in a research note on Tuesday, March 3rd. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $207.71.

About Credo Technology Group

Credo Technology Group, Inc (NASDAQ: CRDO) is a fabless semiconductor company that develops high‑speed connectivity solutions for cloud, enterprise and telecommunications infrastructure. The company focuses on semiconductors and related IP that enable reliable, low‑latency movement of large volumes of data between servers, switches and optical modules in data centers and network equipment.

Credo’s product portfolio centers on high‑speed analog and mixed‑signal devices designed to preserve signal integrity and extend reach over copper and optical links.