CRDO Stock Summary and Trading Ideas (Credo Technology Group Holding - | NASDAQ:CRDO)

Credo Technology Group Holding Ltd provides connectivity solutions for AI-driven applications, cloud computing, and hyperscale networks. Its high-speed copper and optical interconnect products support data infrastructure demands. The Company's product portfolio includes ZeroFlap (ZF) Active Electrical Cables (AECs), ZF optical transceivers, OmniConnect memory solutions, and retimers and DSPs for optical and copper Ethernet and PCIe, leveraging the PILOT diagnostic and analytics software platform. Its products are based on Serializer/Deserializer (SerDes) and Digital Signal Processor (DSP) technologies and include integrated circuits (ICs), Active Electrical Cables (AECs), SerDes Chiplets, and SerDes IP licensing solutions. The United States generates the maximum revenue.

Credo Technology Group Holding - trades on the NASDAQ stock market under the symbol CRDO.

As of September 1, 2026, CRDO stock price declined to $214.70 with 2,432,994 million shares trading.

CRDO has a beta of 4.88, meaning it tends to be more sensitive to market movements. CRDO has a correlation of 0.45 to the broad based SPY ETF.

CRDO has a market cap of $40.35 billion. This is considered a Large Cap stock.

Last quarter Credo Technology Group Holding - reported $437 million in Revenue and $1.16 earnings per share. This beat revenue expectation by $4 million and exceeded earnings estimates by $.18.

In the last 3 years, CRDO traded as high as $308.67 and as low as $13.38.

The top ETF exchange traded funds that CRDO belongs to (by Net Assets): VTI, SOXX, VB, VBK, VXF.

CRDO has outperformed the market in the last year with a return of +74.5%, while the SPY ETF gained +19.3%. However, in the most recent history, CRDO shares have underperformed the stock market with its stock returning -9.0% in the last 3 month period and -24.1% for the last 2 week period, while SPY has returned +1.0% and -1.4%, respectively.

CRDO support price is $213.46 and resistance is $238.92 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CRDO shares will trade within this expected range on the day.