Barclays initiated coverage on Credo Technology Group with a new price target
$CRDO
Semiconductors
Technology
Barclays initiated coverage of Credo Technology Group with a rating of Overweight and set a new price target of $18.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/17/2024 | $80.00 | Neutral | Susquehanna |
| 12/3/2024 | $45.00 → $75.00 | Buy | TD Cowen |
| 12/3/2024 | $43.00 → $70.00 | Buy | Needham |
| 12/3/2024 | $80.00 | Underperform → Buy | BofA Securities |
| 7/15/2024 | $35.00 → $40.00 | Buy | TD Cowen |
| 6/25/2024 | $24.00 → $35.00 | Hold → Buy | TD Cowen |
| 2/28/2024 | $20.00 → $24.00 | Market Perform | TD Cowen |
| 11/30/2023 | $16.00 → $20.00 | Market Perform | TD Cowen |
Susquehanna initiated coverage of Credo Technology Group with a rating of Neutral and set a new price target of $80.00
TD Cowen reiterated coverage of Credo Technology Group with a rating of Buy and set a new price target of $75.00 from $45.00 previously
Needham reiterated coverage of Credo Technology Group with a rating of Buy and set a new price target of $70.00 from $43.00 previously
144 - Credo Technology Group Holding Ltd (0001807794) (Subject)
144 - Credo Technology Group Holding Ltd (0001807794) (Subject)
144 - Credo Technology Group Holding Ltd (0001807794) (Subject)
Credo Technology Group Holding Ltd (Credo) (NASDAQ:CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved reliability and energy efficiency, today announced it will hold a conference call on Tuesday, March 4, 2025, at 2:00 p.m. Pacific Time to discuss its financial results for the fiscal third quarter ended February 1, 2025. The news release announcing the third quarter fiscal year 2025 financial results will be disseminated on March 4, 2025 after the market closes. Interested parties may join the conference call beginning at 2:00 p.m. Pacific Time on Tuesday, March 4, 2025 by dialing 888-596-4144 (toll-free) or +1 646-968-2525 (international).
SAN JOSE, Calif., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (NASDAQ:CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficiency as data rates and corresponding bandwidth requirements increase through the data infrastructure market, today reported financial results for the second quarter of fiscal year 2025, ended November 2, 2024. Second Quarter of Fiscal Year 2025 Financial Highlights Revenue of $72.0 million, grew by 20.6% quarter over quarter and 63.6% year over yearGAAP gross margin of 63.2% and non-GAAP gross margin of 63.6% GAAP operating expenses of $53.9 million and non-GAAP operating expenses of $
SAN JOSE, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (Credo) (NASDAQ:CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficiency, today announced it will hold a conference call on Monday, December 2, 2024, at 2:00 p.m. Pacific Time to discuss its financial results for the fiscal second quarter ended November 2, 2024. The news release announcing the second quarter fiscal year 2025 financial results will be disseminated on December 2, 2024 after the market closes. Interested parties may join the conference call beginning at 2:00 p.m. Pacific Time on Monday, December 2, 2024 by registering online at htt
SC 13G/A - Credo Technology Group Holding Ltd (0001807794) (Subject)
SC 13G/A - Credo Technology Group Holding Ltd (0001807794) (Subject)
SC 13G/A - Credo Technology Group Holding Ltd (0001807794) (Subject)
Credo Technology Group Holding Ltd (Credo) (NASDAQ:CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved reliability and energy efficiency, today announced it will hold a conference call on Tuesday, March 4, 2025, at 2:00 p.m. Pacific Time to discuss its financial results for the fiscal third quarter ended February 1, 2025. The news release announcing the third quarter fiscal year 2025 financial results will be disseminated on March 4, 2025 after the market closes. Interested parties may join the conference call beginning at 2:00 p.m. Pacific Time on Tuesday, March 4, 2025 by dialing 888-596-4144 (toll-free) or +1 646-968-2525 (international).
Credo Technology Group Holding Ltd (Credo) (NASDAQ:CRDO) an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, will be exhibiting in booth 317 at the Chiplet Summit Conference and Exhibition taking place January 21-23, at the Santa Clara Convention Center. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250121407295/en/Credo at Chiplet Summit 2025 (Graphic: Business Wire) This year's summit provides an ideal opportunity for Credo to highlight its portfolio of chiplet and
SAN JOSE, Calif., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (NASDAQ:CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficiency as data rates and corresponding bandwidth requirements increase through the data infrastructure market, today reported financial results for the second quarter of fiscal year 2025, ended November 2, 2024. Second Quarter of Fiscal Year 2025 Financial Highlights Revenue of $72.0 million, grew by 20.6% quarter over quarter and 63.6% year over yearGAAP gross margin of 63.2% and non-GAAP gross margin of 63.6% GAAP operating expenses of $53.9 million and non-GAAP operating expenses of $
4 - Credo Technology Group Holding Ltd (0001807794) (Issuer)
4 - Credo Technology Group Holding Ltd (0001807794) (Issuer)
4 - Credo Technology Group Holding Ltd (0001807794) (Issuer)
Credo Technology Group Holding Ltd (Credo) (NASDAQ:CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, is proud to announce the completion of its inaugural Greenhouse Gas (GHG) emissions and carbon footprint calculation for calendar year 2023. This comprehensive GHG report, created in collaboration with environmental consultancy Minimum, marks a significant step forward in the company's journey towards improved environmental sustainability. This press release features multimedia. View the full release here: https://www
Credo Technology Group Holding Ltd (NASDAQ:CRDO), an innovator in providing secure, high-speed connectivity solutions, today announced that Jim Laufman has been appointed Chief Legal Officer (CLO) and Corporate Secretary. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240827925205/en/CRDO), an innovator in providing secure, high-speed connectivity solutions, today announced that Jim Laufman has been appointed Chief Legal Officer (CLO) and Corporate Secretary. (Photo: Business Wire)">Credo Technology Group Holding Ltd (NASDAQ:CRDO), an innovator in providing secure, high-speed connectivity solutions, today announced that Jim Lauf
USA News Group Commentary Issued on behalf of Scope AI Corp. VANCOUVER, BC, Aug. 20, 2024 /PRNewswire/ -- USA News Group – The race to dominate the artificial intelligence (AI) space continues to heat up, with Goldman Sachs recently asking the question "Will the $1 trillion of generative AI investment pay off?". According to Goldman Sachs Asset Management portfolio managers, their confidence continues to increase that this technology cycle is indeed real. It's a global phenomenon, with Brazil recently proposing a $4 billion AI investment plan of its own. Big tech is banking on this AI boom as infrastructure spending indeed nears the $1-trillion mark. However, it's not just the silicon valley