Stock events for Credo Technology Group Holding Ltd. (CRDO)
Over the past six months, CRDO's stock price has experienced significant fluctuations. As of April 8, 2026, the stock had a 202.5% return over the past year, but more recently, it saw a 25.4% decline year-to-date, a 2.8% decline over the last 30 days, and a 13.8% gain over the last 7 days. The Q3 fiscal year 2026 earnings report led to an 18.55% plummet in the stock price despite strong revenue growth. The NVIDIA GTC 2026 conference provided major validation for Credo's core Active Electrical Cables product, which could positively impact market sentiment. There has also been significant insider selling by executives in early April 2026.
Demand Seasonality affecting Credo Technology Group Holding Ltd.’s stock price
Information specifically detailing the demand seasonality for Credo Technology Group Holding Ltd.'s products and services is not explicitly available in the provided search results. While there are references to seasonal returns charts for the stock, these indicate historical trends in stock performance over specific months rather than direct seasonality of product demand.
Overview of Credo Technology Group Holding Ltd.’s business
Credo Technology Group Holding Ltd. specializes in high-speed connectivity solutions for the data infrastructure market, offering integrated circuits, Active Electrical Cables, SerDes chiplets, optical PAM4 digital signal processors, low-power line card PHYs, and SerDes IP licensing. These solutions support data rates from 100G to 1.6T and target data center operators, telecommunications service providers, cloud service companies, and enterprise networking equipment manufacturers.
CRDO’s Geographic footprint
Credo Technology Group Holding Ltd. has a global presence with operations in Asia, North America, and Europe. Its revenue is significantly contributed by Hong Kong, Mainland China, and the U.S., with a presence in Taiwan and the Rest of the World.
CRDO Corporate Image Assessment
Credo Technology Group Holding Ltd. generally holds a positive brand reputation, reflected in its "Strong Buy" rating from analysts. The company's strong financial performance and accelerating demand from major hyperscalers enhance its reputation. Validation from NVIDIA's CEO and the acquisition of Hyperlume, Inc. also provided a significant boost to the company's standing. However, the stock's precipitous fall in 2026 and significant insider selling by executives could be seen as a challenge to its market reputation.
Ownership
Credo Technology Group Holding Ltd. has a mixed ownership structure, with approximately 55.11% of the company’s stock owned by institutional investors, 10.27% by insiders, and 34.62% by public companies and individual investors. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, JPMorgan Chase & Co, Point72 Asset Management, L.P., State Street Corp, Geode Capital Management, Llc, Price T Rowe Associates Inc /md/, Alliancebernstein L.p., Wellington Management Group Llp, and Swedbank AB. Prominent individual insiders include Lip Bu Tan, Yat Tung Lam, Chi Fung Cheng, and Pantas Sutardja.
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$166.66