New insider activity at Credo Technology Group Holding Ltd ( (CRDO) ) has taken place on October 15, 2025.
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In recent transactions involving Credo Technology Group Holding Ltd, Director Pantas Sutardja sold 4,408 shares, amounting to $649,739. Similarly, Director Manpreet Khaira sold 5,000 shares, totaling $748,350.
Recent Updates on CRDO stock
In recent developments for Credo Technology Group Holding Ltd (CRDO), the company has entered into an equity distribution agreement with Goldman Sachs to sell ordinary shares worth up to $750 million, providing liquidity options for stakeholders. Analysts have raised the stock’s price target, driven by Credo’s acquisition of Hyperlume, which enhances its portfolio with advanced optical interconnect technology. This acquisition is expected to support future AI-driven data infrastructure, contributing to the company’s strategic positioning and growth potential. Despite strong financial performance, analysts caution about potential overvaluation due to a high P/E ratio and technical indicators suggesting overbought conditions.
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 are the most significant factors driving its stock score. However, the high P/E ratio and mixed technical indicators present some risks. The company’s robust growth outlook and strategic market positioning provide a positive long-term perspective, but valuation concerns may weigh on short-term performance.
To see Spark’s full report on CRDO stock, click here.
More about Credo Technology Group Holding Ltd
YTD Price Performance: 82.93%
Average Trading Volume: 5,314,970
Technical Sentiment Signal: Buy
Current Market Cap: $25.93B