Credo Technology shares fell 7.36% over the past week. The supplied information does not identify a company-specific reason for the decline.
The available company-news item concerns Astera Labs and its upcoming earnings, not Credo. No Credo announcement or other event in the supplied facts explains the move.
Investor takeaway: The weekly decline is clear, but the available information does not show what caused it or whether it reflects a company-specific development.
Credo Technology Group Holding Ltd
CRDO.US
CRDO.US
Credo Technology Group Holding Ltd
WealthAwesomeMarket cap
$28.38B
P/E
53.5x
52W high
$308.67
52W low
$86.48
1W change
-7.36%
Beta
3.25
Analyst Price Targets
Based on 20 analysts covering CRDO · as of Oct 26, 2026
Wall Street analysts forecast CRDO stock price to rise 102.9% over the next 12 months.
Consensus
Strong Buy4.65 / 5.00
Avg. Target
C$284.05
+102.9% Upside
Previously C$279.09 on Oct 12, 2026
Current Price
C$140.02
Last close
Analyst Breakdown (20 analysts)
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
92.2%
Annualized
90-Day Vol
99.6%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$117.12
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$131.93 | C$95.97 – C$181.35 |
| 60 trading days | C$124.30 | C$79.26 – C$194.95 |
| 90 trading days | C$117.12 | C$67.50 – C$203.23 |
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.
Credo shares fell 7.36% over one week
The weekly decline is the clearest signal in the supplied data. Latest volume was 1,386,490 shares, compared with a 20-day average of 8,361,153 shares. The reported volume ratio was 0.97x.
Bull case
Credo reported a 33.8% profit margin and 30.7% return on equity. Latest reported volume was below its 20-day average.
Bear case
Shares fell 7.36% over the week and closed below both the 50-day and 200-day moving averages. The supplied information does not identify a catalyst or show that the decline has ended.
What happened: a weekly decline, with no stated Credo catalyst
Credo Technology’s one-week performance was -7.36%. The company-news item dated 2026-10-30 concerns Astera Labs (ALAB) and its Q3 earnings release, not Credo. It does not explain Credo’s share-price move. The supplied facts include no Credo-specific filing, announcement, or other event that accounts for the decline. Investors can visit the company’s stock page, but the available information supports describing the move, not assigning it a cause.
What the numbers show: US$149.51 close and below-average volume
Credo’s last close was US$149.51. The stock fell 7.27% for the day and 35.96% over one month. Its year-to-date performance was -2.23%. Latest volume was 1,386,490 shares, compared with a 20-day average of 8,361,153; the supplied volume comparison was 0.97x.
The close was 20.6% below the 50-day moving average of US$188.40 and 17.4% below the 200-day average of US$181.07. These figures describe recent trading but do not explain the move. Credo’s stock page and analyst-ratings section also lists analyst targets. Those targets are not a company event or an explanation for this week’s decline.
What to watch next: Credo-specific information
The supplied facts do not identify an upcoming Credo event or a date for further company news. A Credo-specific announcement or filing could help clarify whether the decline coincided with a company development. Until then, the Astera Labs headline should not be treated as a Credo catalyst. Price and volume data alone cannot establish the cause of the move.
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