Analysts’ Weekly Ratings Changes for Credo Technology Group (CRDO)

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.

Credo Technology Group Holding Ltd. develops high-speed connectivity solutions for the data infrastructure market. Its products are designed to help move data efficiently within and between networking, storage and computing systems, with applications in artificial intelligence, cloud computing, telecommunications and enterprise data centers.

The company’s portfolio includes serializer/deserializer (SerDes) integrated circuits, retimers, optical digital signal processors and active electrical cables.

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