Credo Technology Group Holding Ltd. (CRDO)

Over the past six months, CRDO's stock has experienced significant positive momentum, with a 270.45% increase, and a 302.98% increase over the last year, reaching an all-time high of $176.70 USD on September 18, 2025. Key events impacting the stock price include strong financial performance, driven by AI deployments and deepening customer relationships. Analyst upgrades and price targets, strategic acquisitions and partnerships, and product innovations have also influenced the stock. Historically, CRDO shares have moved higher in the immediate aftermath of earnings in 8 out of 12 previous reports, with an average increase of 7.6% on the first trading day after the company reported earnings. There has been recent insider selling by the COO and CEO.

The demand for Credo Technology Group Holding Ltd.'s products and services is primarily driven by the ongoing "AI revolution" and the increasing needs of "hyperscalers." The exponential growth of data and the proliferation of AI are continuously increasing the market demand for faster and energy-efficient connectivity solutions, suggesting a strong and sustained demand rather than traditional seasonal fluctuations for its core business.

Credo Technology Group Holding Ltd. is a key player in the data infrastructure market, specializing in high-speed connectivity solutions within the Technology Services sector. The company develops connectivity solutions and products designed to overcome bandwidth limitations in data infrastructure, including ICs, AECs, SerDes chiplets, optical PAM4 DSPs, low-power line card PHY, and PCIe retimer solutions. Credo also provides IP solutions, primarily through SerDes IP licensing, optimized for various Ethernet applications, supporting speeds from 100G up to 1.6T.

Credo Technology Group Holding Ltd. is headquartered in George Town, Cayman Islands, with a geographic presence spanning Hong Kong, the United States, Mainland China, Taiwan, and other regions globally.

Credo Technology Group Holding Ltd. has cultivated a strong brand reputation, particularly in the past year, driven by its critical role in the AI revolution and its innovative high-speed connectivity solutions. The company is recognized for breaking bandwidth barriers and providing secure, power-efficient solutions for data infrastructure. Credo is seen as a key supplier of high-performance serial connectivity solutions for hyperscale data centers, 5G carriers, enterprise networking, high-performance computing (HPC), and AI/ML markets. Product innovation and strategic collaborations have bolstered its image as an innovator. Consistent revenue growth, exceeding expectations, and positive analyst sentiment reflect a strong market perception of the company.

Credo Technology Group Holding Ltd. has a diverse ownership structure comprising institutional, retail, and individual investors. Institutional investors hold a significant portion of the company's shares, with approximately 62.08% to 80.46% of the stock. Major institutional owners include Vanguard Group Inc, BlackRock, Inc., Jpmorgan Chase & Co, State Street Corp, Capital Research Global Investors, Point72 Asset Management, L.P., Geode Capital Management, Llc, Baillie Gifford & Co., ARK Investment Management LLC, and D. E. Shaw & Co., Inc. Individual investors hold around 11.85% of the shares. Insiders, including executives and board members, own a significant proportion of the company's shares, indicating alignment with shareholder interests.