Several analysts have recently updated their ratings and price targets for Credo Technology Group (NASDAQ: CRDO):
- 9/4/2026 – Credo Technology Group was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
- 9/2/2026 – Credo Technology Group was given a new $292.00 price target by Evercore Inc.
- 9/2/2026 – Credo Technology Group had its price target lowered by JPMorgan Chase & Co. from $335.00 to $310.00. They now have an “overweight” rating on the stock.
- 9/2/2026 – Credo Technology Group had its price target lowered by Bank of America Corporation from $340.00 to $275.00. They now have a “buy” rating on the stock.
- 9/2/2026 – Credo Technology Group had its price target raised by Rosenblatt Securities from $215.00 to $235.00. They now have a “neutral” rating on the stock.
- 8/24/2026 – Credo Technology Group had its “neutral” rating reaffirmed by Rosenblatt Securities. They now have a $215.00 price target on the stock.
- 8/21/2026 – Credo Technology Group had its “hold (c+)” rating reaffirmed by Weiss Ratings.
- 8/18/2026 – Credo Technology Group had its price target raised by TD Cowen from $260.00 to $300.00. They now have a “buy” rating on the stock.
- 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.
Insider Transactions at Credo Technology Group
In related news, CFO Daniel Fleming sold 7,580 shares of the stock in a transaction that occurred on Wednesday, July 8th. The shares were sold at an average price of $245.88, for a total transaction of $1,863,770.40. Following the sale, the chief financial officer owned 504,708 shares in the company, valued at approximately $124,097,603.04. This trade represents a 1.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Chi Cheng sold 3,790 shares of Credo Technology Group stock in a transaction on Friday, September 4th. The shares were sold at an average price of $170.00, for a total value of $644,300.00. Following the completion of the transaction, the chief technology officer owned 136,568 shares in the company, valued at approximately $23,216,560. The trade was a 2.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 313,074 shares of company stock valued at $71,827,816. Company insiders own 9.06% of the company’s stock.
The company’s portfolio includes serializer/deserializer (SerDes) integrated circuits, retimers, optical digital signal processors and active electrical cables.
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