Credo Technology Group (CRDO) – Research Analysts’ Recent Ratings Updates

Credo Technology Group (NASDAQ: CRDO) has recently received a number of price target changes and ratings updates:

• 8/3/2026 – Credo Technology Group was downgraded by Zacks Research from “strong-buy” to “hold”.
• 8/1/2026 – Credo Technology Group was downgraded by Wall Street Zen from “buy” to “hold”.
• 7/21/2026 – Credo Technology Group had its price target raised by Susquehanna from $235.00 to $250.00. They now have a “positive” rating on the stock.
• 7/20/2026 – Credo Technology Group had its price target raised by Barclays PLC from $260.00 to $300.00. They now have an “overweight” rating on the stock.
• 6/23/2026 – Credo Technology Group had its price target raised by Bank of America Corporation from $252.00 to $340.00. They now have a “buy” rating on the stock.
• 6/22/2026 – Credo Technology Group is now covered by Evercore Inc. They set an “outperform” rating and a $325.00 price target on the stock.
• 6/22/2026 – Credo Technology Group was upgraded by Evercore Inc to “strong-buy”. They now have a $325.00 price target on the stock.
• 6/22/2026 – Credo Technology Group had its price target raised by Stifel Nicolaus from $250.00 to $350.00. They now have a “buy” rating on the stock.

Insiders Place Their Bets

In other Credo Technology Group news, CFO Daniel W. Fleming sold 40,000 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $249.48, for a total value of $9,979,200.00. Following the transaction, the chief financial officer directly owned 501,873 shares in the company, valued at $125,207,276.04. This represents a 7.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO William Joseph Brennan sold 54,984 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $218.57, for a total transaction of $12,017,852.88. Following the sale, the chief executive officer directly owned 367,327 shares in the company, valued at approximately $80,286,662.39. The trade was a 13.02% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 435,076 shares of company stock valued at $101,043,506. 11.84% of the stock is owned by company insiders.

Credo Technology Group, Inc (NASDAQ: CRDO) is a fabless semiconductor company that develops high‑speed connectivity solutions for cloud, enterprise and telecommunications infrastructure. The company focuses on semiconductors and related IP that enable reliable, low‑latency movement of large volumes of data between servers, switches and optical modules in data centers and network equipment.

Credo’s product portfolio centers on high‑speed analog and mixed‑signal devices designed to preserve signal integrity and extend reach over copper and optical links.