The company's latest results indicate a stronger pace of investment from customers such as Microsoft and Amazon.com.
Credo Technology Group Holding Ltd (NASDAQ: CRDO) shares are trading higher Tuesday following the announcement of its ...
Stifel Nicolaus restated their buy rating on shares of Credo Technology Group (NASDAQ:CRDO – Free Report) in a research ...
Super Micro stock trades lower after Monday’s sharp gains, Tesla falls after a judge again rejects CEO Elon Musk’s pay ...
Credo makes a unique cable product called an active electrical cable (AEC), which connects data center servers to networking switches. The company claims its AECs take up 75% less space than Direct ...
Barclays analyst Tom O’Malley raised the firm’s price target on Credo Technology (CRDO) to $80 from $32 and keeps an Overweight rating on the ...
Credo Technology reported quarterly earnings of 7 cents per share which beat the analyst consensus estimate of 5 cents per ...
Roth MKM raised the firm’s price target on Credo Technology (CRDO) to $80 from $45 and keeps a Buy rating on the shares. The firm cites the ...
Credo Technology Group (NASDAQ:CRDO – Free Report) had its price target lifted by Barclays from $32.00 to $80.00 in a ...
Shares of Credo Technology Group gained after the company narrowed its loss and posted higher revenue in its fiscal second quarter, while guiding for higher-than-expected sales in the current frame.
Credo Technology Group (CRDO) delivered earnings and revenue surprises of 40% and 8.32%, respectively, for the quarter ended October 2024. Do the numbers hold clues to what lies ahead for the stock?
Cash Reserves: Credo’s balance sheet is solid with $383.0 million in cash and short-term investments, providing ample runway for future investments and growth.