Credo Technology Group (CRDO) – Analysts’ Weekly Ratings Updates

Credo Technology Group (NASDAQ: CRDO) recently received a number of ratings updates from brokerages and research firms:

• 6/23/2026 – Credo Technology Group had its price target raised by Bank of America Corporation from $252.00 to $340.00. They now have a “buy” rating on the stock.
• 6/22/2026 – Credo Technology Group is now covered by Evercore Inc. They set an “outperform” rating and a $325.00 price target on the stock.
• 6/22/2026 – Credo Technology Group was upgraded by Evercore Inc to “strong-buy”. They now have a $325.00 price target on the stock.
• 6/22/2026 – Credo Technology Group had its price target raised by Stifel Nicolaus from $250.00 to $350.00. They now have a “buy” rating on the stock.
• 6/2/2026 – Credo Technology Group had its price target raised by Mizuho from $260.00 to $290.00. They now have an “outperform” rating on the stock.
• 6/2/2026 – Credo Technology Group had its price target raised by Susquehanna from $200.00 to $235.00. They now have a “positive” rating on the stock.
• 6/2/2026 – Credo Technology Group had its “buy” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $250.00 price target on the stock.
• 6/2/2026 – Credo Technology Group had its price target raised by Jefferies Financial Group Inc. from $225.00 to $270.00. They now have a “buy” rating on the stock.
• 6/2/2026 – Credo Technology Group had its price target raised by Roth Capital from $200.00 to $300.00. They now have a “buy” rating on the stock.
• 6/2/2026 – Credo Technology Group had its price target raised by TD Cowen from $240.00 to $260.00. They now have a “buy” rating on the stock.
• 6/2/2026 – Credo Technology Group had its price target raised by JPMorgan Chase & Co. from $230.00 to $250.00. They now have an “overweight” rating on the stock.
• 6/2/2026 – Credo Technology Group had its price target raised by Rosenblatt Securities from $175.00 to $215.00. They now have a “neutral” rating on the stock.
• 6/2/2026 – Credo Technology Group had its price target raised by Bank of America Corporation from $210.00 to $252.00. They now have a “buy” rating on the stock.
• 6/1/2026 – Credo Technology Group had its price target raised by Needham & Company LLC from $220.00 to $275.00. They now have a “buy” rating on the stock.
• 6/1/2026 – Credo Technology Group had its price target raised by Mizuho from $220.00 to $260.00. They now have an “outperform” rating on the stock.
• 5/27/2026 – Credo Technology Group was given a new $250.00 price target by Stifel Nicolaus.
• 5/26/2026 – Credo Technology Group was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
• 5/19/2026 – Credo Technology Group was upgraded by Zacks Research from “hold” to “strong-buy”.

Insiders Place Their Bets

In other news, CFO Daniel W. Fleming sold 40,000 shares of the firm’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $249.48, for a total transaction of $9,979,200.00. Following the sale, the chief financial officer owned 501,873 shares of the company’s stock, valued at approximately $125,207,276.04. This trade represents a 7.38% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Chi Fung Cheng sold 27,500 shares of the stock in a transaction that occurred on Friday, April 10th. The shares were sold at an average price of $118.25, for a total transaction of $3,251,875.00. Following the completion of the transaction, the chief technology officer owned 6,134,870 shares in the company, valued at $725,448,377.50. This represents a 0.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 363,372 shares of company stock worth $76,926,125 over the last 90 days. Corporate insiders own 11.84% of the company’s stock.

Credo Technology Group, Inc (NASDAQ: CRDO) is a fabless semiconductor company that develops high‑speed connectivity solutions for cloud, enterprise and telecommunications infrastructure. The company focuses on semiconductors and related IP that enable reliable, low‑latency movement of large volumes of data between servers, switches and optical modules in data centers and network equipment.

Credo’s product portfolio centers on high‑speed analog and mixed‑signal devices designed to preserve signal integrity and extend reach over copper and optical links.