Credo Technology Group Holding Ltd, trading on NASDAQ under the symbol CRDO, is a company that specializes in innovative connectivity solutions. On February 9, 2026, Roth Capital set a price target of $200 for CRDO. At that time, the stock was priced at $123.41, suggesting a potential increase of about 62.06% to reach the target.
Credo recently announced its preliminary revenue results for the third quarter of fiscal year 2026. The company expects to report revenue between $404 million and $408 million, exceeding its previous expectations. This positive outlook may contribute to the optimistic price target set by Roth Capital.
Currently, CRDO's stock is priced at $123.41, marking a 10.78% increase or $12.01. The stock has fluctuated today between $111.08 and $124.33. Over the past year, it has seen a high of $213.80 and a low of $29.09, indicating significant volatility.
Credo's market capitalization stands at approximately $22.29 billion, reflecting its substantial presence in the market. The trading volume for CRDO today is 7,059,246 shares, showing active investor interest. This activity may be influenced by the company's updated revenue guidance for the fourth quarter of fiscal year 2026.
