Credo Technology Group Holding Ltd saw a significant increase of 14.81% in share price this week.
Credo Technology Group Holding Ltd experienced a notable rise in its stock price, increasing by 14.81% over the past week. The stock closed at US$219.60, reflecting a daily gain of 3.93%. Over the past month, the stock has appreciated by 29.47%, and it has risen 54.19% year-to-date. This week’s trading volume was 4,838,607 shares, which is 0.80 times the 20-day average of 8,661,120 shares, indicating lower trading activity despite the price increase.
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Credo Technology Group Holding Ltd
CRDO.US
CRDO.US
Credo Technology Group Holding Ltd
WealthAwesomeMarket cap
$39.94B
P/E
75.3x
52W high
$308.67
52W low
$86.48
1W change
+14.81%
Beta
3.25
Analyst Price Targets
Based on analyst covering CRDO · as of Oct 7, 2026
Wall Street analysts forecast CRDO stock price to rise 26.4% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$279.09
+26.4% Upside
Previously C$281.09 on Oct 5, 2026
Current Price
C$220.83
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on CRDO's historical volatility
30-Day Vol
98.6%
Annualized
90-Day Vol
101.3%
Annualized
Trend (90d)
-29.5%
Annualized drift
90d Mean
C$198.77
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$213.22 | C$151.74 – C$299.59 |
| 60 trading days | C$205.87 | C$127.26 – C$333.03 |
| 90 trading days | C$198.77 | C$110.28 – C$358.26 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: The recent performance indicates strong investor interest in Credo Technology Group amidst a bullish outlook.
Latest Volume at 4.8 Million, Below 20-Day Average
This week's trading volume of 4,838,607 shares is 0.80 times the 20-day average of 8,661,120 shares, indicating lower trading activity despite the price increase.
Bull case
The company has shown impressive revenue growth of 114.7%, and its market cap is nearing $40 billion. This highlights its potential in the technology sector.
Bear case
Despite this strong growth, Credo's high P/E ratio of 75.35 suggests that the stock may be overvalued compared to its earnings.
What Happened
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Credo Technology Group Holding Ltd's stock rose by 14.81% this week, closing at US$219.60. This increase follows a positive trend in recent weeks, with the stock also reflecting a monthly gain of 29.47% and a year-to-date rise of 54.19%. The stock's performance is particularly notable given its position within a 52-week range of US$86.48 to US$308.67, showcasing significant volatility in its trading history.
What the Numbers Show
This week's trading volume was 4,838,607 shares, which is below the 20-day average volume of 8,661,120 shares, indicating that fewer shares were traded this week compared to the recent past. The stock's P/E ratio stands at 75.35, reflecting a premium valuation in the market. Additionally, the stock price is currently above its 50-day moving average of US$208.06 by 5.5% and significantly above its 200-day moving average of US$177.37 by 23.8%.
What to Watch Next
Investors will likely monitor Credo's upcoming earnings reports and any news regarding the broader technology sector, especially relating to AI and data centers. The average analyst target for the stock is US$279.09, implying a potential upside of 27.1% from the current price. Observing how trading volume trends in the coming weeks could also provide insights into investor sentiment, especially as the market continues to evolve.
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