New Buy Rating for Credo Technology Group Holding Ltd (CRDO), the Technology Giant

Stifel Nicolaus analyst Tore Svanberg maintained a Buy rating on Credo Technology Group Holding Ltd today and set a price target of $200.00.

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According to TipRanks, Svanberg is a 5-star analyst with an average return of 21.1% and a 60.12% success rate. Svanberg covers the Technology sector, focusing on stocks such as Texas Instruments, Microchip, and Credo Technology Group Holding Ltd.

In addition to Stifel Nicolaus, Credo Technology Group Holding Ltd also received a Buy from TipRanks – OpenAI’s OpenAI Communication Equipment in a report issued yesterday. However, on the same day, TipRanks – Anthropic reiterated a Hold rating on Credo Technology Group Holding Ltd (NASDAQ: CRDO).

Based on Credo Technology Group Holding Ltd’s latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $407.01 million and a net profit of $157.14 million. In comparison, last year the company earned a revenue of $135 million and had a net profit of $29.36 million

Based on the recent corporate insider activity of 124 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CRDO in relation to earlier this year. Most recently, in January 2026, SYLVIA ACEVEDO, a Director at CRDO sold 2,200.00 shares for a total of $350,196.00.