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Credo Technology Group Holding Ltd ( (CRDO) ) has issued an announcement.
On October 23, 2025, Lip-Bu Tan resigned from the board of directors of Credo Technology Group Holding Ltd, with no disagreements on company matters. Subsequently, Brian Kelleher was appointed as a Class III director effective October 27, 2025, bringing extensive experience from his previous roles at NVIDIA and other tech companies, which may enhance the company’s strategic direction.
The most recent analyst rating on (CRDO) stock is a Buy with a $182.00 price target. To see the full list of analyst forecasts on Credo Technology Group Holding Ltd stock, see the CRDO Stock Forecast page.
Spark’s Take on CRDO Stock
According to Spark, TipRanks’ AI Analyst, CRDO is a Outperform.
Credo Technology Group’s strong financial performance and positive earnings call sentiment are the primary drivers of its stock score. The company’s robust revenue growth and strategic market positioning are significant strengths. However, the high P/E ratio indicates potential overvaluation, and technical indicators suggest caution due to potential overbought conditions. These factors collectively result in a balanced overall stock score.
To see Spark’s full report on CRDO stock, click here.
More about Credo Technology Group Holding Ltd
Average Trading Volume: 5,464,948
Technical Sentiment Signal: Buy
Current Market Cap: $28.06B
For detailed information about CRDO stock, go to TipRanks’ Stock Analysis page.