Credo Technology Group downgraded by BofA Securities with a new price target
$CRDO
Semiconductors
Technology
BofA Securities downgraded Credo Technology Group from Buy to Underperform and set a new price target of $12.00 from $18.00 previously
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
| 10/2/2023 | $18.00 | Overweight | Barclays |
| 8/25/2023 | $14.00 → $16.00 | Market Perform | TD Cowen |
| 2/28/2023 | $13.00 | Outperform | Exane BNP Paribas |
| 2/15/2023 | $18.00 → $15.00 | Buy | Needham |
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
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
SAN JOSE, Calif., Sept. 04, 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 first quarter of fiscal year 2025, ended August 3, 2024. First Quarter of Fiscal Year 2025 Financial Highlights Revenue of $59.7 million, grew by 70% year over yearGAAP gross margin of 62.4% and non-GAAP gross margin of 62.9%GAAP operating expenses of $51.7 million and non-GAAP operating expenses of $35.4 millionGAAP net loss of $(9.5) mi
Credo Recognized for its People-First Culture Credo Semiconductor Inc. (Credo) has been awarded a Top Workplaces 2024 honor by San Francisco Bay Area Top Workplaces. This list is based solely on employee feedback gathered through a third-party survey administered by employee engagement technology partner Energage LLC. The confidential survey uniquely measures the employee experience and its component themes, including employees feeling "Respected & Supported," "Enabled to Grow," and "Empowered to Execute," to name a few. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240826397159/en/On being named a Top Work Place by the San F
144 - Credo Technology Group Holding Ltd (0001807794) (Subject)
8-K - Credo Technology Group Holding Ltd (0001807794) (Filer)
144 - Credo Technology Group Holding Ltd (0001807794) (Subject)
4 - Credo Technology Group Holding Ltd (0001807794) (Issuer)
4 - Credo Technology Group Holding Ltd (0001807794) (Issuer)
4 - Credo Technology Group Holding Ltd (0001807794) (Issuer)
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)
Stifel analyst Tore Svanberg maintains Credo Technology Group (NASDAQ:CRDO) with a Buy and raises the price target from $30 to $36.
Shares of ASLAN Pharmaceuticals Limited (NASDAQ:ASLN) fell sharply during Wednesday's session after the company announced that its Singapore-incorporated, sole operating subsidiary has filed for voluntary liquidation. ASLAN Pharmaceuticals shares dipped 38.7% to $0.68 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers Aptevo Therapeutics Inc. (NASDAQ:APVO) shares climbed 84% to $0.6073 after surging around 10% on Tuesday. Aptevo Therapeutics recently announced closing of $2.75 million offering. Shimmick Corporation (NASDAQ:SHIM) shares climbed 49% to $3.0173 after the company received a $27.6 million subcontract for the Sunol Valley Water Trea
TD Cowen reiterated coverage of Credo Technology Group with a rating of Buy and set a new price target of $40.00 from $35.00 previously
TD Cowen upgraded Credo Technology Group from Hold to Buy and set a new price target of $35.00 from $24.00 previously
TD Cowen reiterated coverage of Credo Technology Group with a rating of Market Perform and set a new price target of $24.00 from $20.00 previously
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, has released its 2024 Environmental, Social, and Governance (ESG) Report. This report outlines Credo's continued dedication to environmental stewardship, diversity and inclusion, and ethical governance. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241121375970/en/This year, Credo expands on its ESG efforts, particularly around Greenhouse Gas (GHG) emissions me
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
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