Investment Analysts’ Weekly Ratings Updates for Credo Technology Group (CRDO)

Several analysts have recently updated their ratings and price targets for Credo Technology Group (NASDAQ: CRDO):

  • 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 had its price target raised by Stifel Nicolaus from $250.00 to $350.00. They now have a “buy” rating on the stock.
  • 6/2/2026 – Credo Technology Group had its price target raised by Mizuho from $260.00 to $290.00. They now have an “outperform” rating on the stock.
  • 6/2/2026 – Credo Technology Group had its price target raised by Susquehanna from $200.00 to $235.00. They now have a “positive” rating on the stock.
  • 6/2/2026 – Credo Technology Group had its “buy” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $250.00 price target on the stock.
  • 6/2/2026 – Credo Technology Group had its price target raised by Jefferies Financial Group Inc. from $225.00 to $270.00. They now have a “buy” rating on the stock.
  • 6/2/2026 – Credo Technology Group had its price target raised by Roth Mkm from $200.00 to $300.00. They now have a “buy” rating on the stock.
  • 6/2/2026 – Credo Technology Group had its price target raised by TD Cowen from $240.00 to $260.00. They now have a “buy” rating on the stock.
  • 6/2/2026 – Credo Technology Group had its price target raised by JPMorgan Chase & Co. from $230.00 to $250.00. They now have an “overweight” rating on the stock.
  • 6/2/2026 – Credo Technology Group had its price target raised by Rosenblatt Securities from $175.00 to $215.00. They now have a “neutral” rating on the stock.
  • 6/2/2026 – Credo Technology Group had its price target raised by Bank of America Corporation from $210.00 to $252.00. They now have a “buy” rating on the stock.
  • 6/1/2026 – Credo Technology Group had its price target raised by Needham & Company LLC from $220.00 to $275.00. They now have a “buy” rating on the stock.
  • 6/1/2026 – Credo Technology Group had its price target raised by Mizuho from $220.00 to $260.00. They now have an “outperform” rating on the stock.
  • 5/27/2026 – Credo Technology Group was given a new $250.00 price target by Stifel Nicolaus.
  • 5/26/2026 – Credo Technology Group was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
  • 5/19/2026 – Credo Technology Group was upgraded by Zacks Research from “hold” to “strong-buy”.
  • 5/1/2026 – Credo Technology Group is now covered by Rothschild & Co Redburn. They set a “buy” rating and a $206.00 price target on the stock.
  • 5/1/2026 – Credo Technology Group is now covered by Rothschild & Co Redburn. They set a “buy” rating and a $206.00 price target on the stock.
  • 4/24/2026 – Credo Technology Group was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.

Insider Transactions at Credo Technology Group

In related news, CFO Daniel W. Fleming sold 40,000 shares of Credo Technology Group 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 completion of the transaction, the chief financial officer owned 501,873 shares in the company, valued at $125,207,276.04. The trade was a 7.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through 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 stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $218.57, for a total transaction of $12,017,852.88. Following the completion of the sale, the chief executive officer directly owned 367,327 shares in the company, valued at approximately $80,286,662.39. This represents a 13.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 416,884 shares of company stock valued at $72,809,943. 11.84% of the stock is currently owned by corporate 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.

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