CREDO TECHNOLOGY

The options market points to an implied price move of about 12% for Credo Technology after the quarterly results on September 1. Historically the stock exceeded these implied moves in five of the last eight reports, including swings of +54.2% (Dec. 2, 2024) and -22.4% (Mar. 4, 2025). Investors should expect heightened volatility around the release. » More on de.investing.com

Credo Technology Group will release results for the quarter ended July 31, 2026, on September 1, 2026. Seventeen analysts forecast an average EPS of $1.17 (prior year $0.34), and sixteen analysts expect revenue to rise 111.6% to $472.1 million. For the fiscal year, twenty analysts expect EPS of $6.15 and nineteen analysts forecast revenue of $2.45 billion. » More on finanzen.net

Credo Technology's shares rose about 7.5% intraday after Barclays raised its price target from $260 to $300 while keeping an "Overweight" rating. The move followed several analyst upgrades (Stifel, Bank of America, Evercore ISI) and contributed to an opening gap and a move above the 50-day moving average. A mostly positive analyst consensus and a recovery in the semiconductor sector are supporting the current rally. » More on de.investing.com