StreetInsider.com News Articles

Credo Tech (CRDO) PT Raised to $260 at TD Cowen on 'Strong Momentum'

Tue, 02 Jun 2026 08:48:30 -0400

(Updated - June 2, 2026 8:48 AM EDT)

TD Cowen analyst Sean O'Loughlin raised the price target on Credo Tech (NASDAQ: CRDO) to $260.00 (from $240.00) while maintaining a Buy rating.

The analyst commented: "Strong Momentum Ahead of Anticipated Back-Half Re-Acceleration; Results were solid, guidance was slightly ahead of Street, and full-year expectations come up. Stock near all-time-highs coming into the print likely dampens any potential positive reaction, but fundamental setup looks just as good, if not better today than yesterday. GM strength (and confidence to guide to it) is a durable and potentially overlooked positive. Reit. Buy and Top Pick; PT

Credo Tech (CRDO) PT Raised to $260 at TD Cowen on 'Strong Momentum'

Tue, 02 Jun 2026 08:48:30 -0400

(Updated - June 2, 2026 8:48 AM EDT)

TD Cowen analyst Sean O'Loughlin raised the price target on Credo Tech (NASDAQ: CRDO) to $260.00 (from $240.00) while maintaining a Buy rating.

Credo Tech (CRDO) PT Raised to $250 at JPMorgan

Tue, 02 Jun 2026 08:20:01 -0400

JPMorgan analyst Joseph Cardoso raised the price target on Credo Tech (NASDAQ: CRDO) to $250.00 (from $230.00) while maintaining a Overweight rating.

Credo Tech (CRDO) PT Raised to $235 at Susquehanna

Tue, 02 Jun 2026 07:55:59 -0400

Susquehanna analyst Christopher Rolland raised the price target on Credo Tech (NASDAQ: CRDO) to $235.00 (from $200.00) while maintaining a Positive rating.

Credo Tech (CRDO) PT Raised to $215 at Rosenblatt

Tue, 02 Jun 2026 07:08:00 -0400

(Updated - June 2, 2026 7:08 AM EDT)

Rosenblatt analyst Mike Genovese raised the price target on Credo Tech (NASDAQ: CRDO) to $215.00 (from $175.00) while maintaining a Neutral rating.

The analyst commented: "The lower FY27 revenue outlook for Copper, with higher Optical guidance, appears to agree with our view that Hyper Scalers are moving more to Optical at 1.6T versus AECs for back end scale out and multi-rack scale up. In addition, we are not overly impressed with the $600mn Optical target for FY27 considering the CY26 Datacom Optical transceiver market is tracking to be ~$25bn. In our view, the company's

Credo Tech (CRDO) PT Raised to $215 at Rosenblatt

Tue, 02 Jun 2026 07:08:00 -0400

(Updated - June 2, 2026 7:08 AM EDT)

Rosenblatt analyst Mike Genovese raised the price target on Credo Tech (NASDAQ: CRDO) to $215.00 (from $175.00) while maintaining a Neutral rating.

Credo Tech (CRDO) Reiterated at Buy by Stifel After 'Solid April Q Beat'

Tue, 02 Jun 2026 07:03:44 -0400

Stifel analyst Tore Svanberg reiterated a Buy rating and $250.00 price target on Credo Tech (NASDAQ: CRDO).

The analyst commented, "Solid Apr Q beat, with revenue of $437.0mn (+7.4% q/q) coming in +1.6% higher than our $430.0mn estimate.Raised Jul Q guide, with the $470.0mn revenue guidance midpoint coming in +3.1% higher than our prior estimate.Importantly, management guided FY27E to grow materially higher than prior expectations, increasing from +50% y/y expectations to now +80% y/y, implying revenue of at least $2.4bn. We believe this validates CRDO’s positioning as a differentiated connectivity solutions provider uniquely levered towards outsized share capture of the ongoing

Credo Tech (CRDO) PT Raised to $275 at Needham

Tue, 02 Jun 2026 05:48:32 -0400

Needham analyst N. Quinn Bolton raised the price target on Credo Tech (NASDAQ: CRDO) to $275.00 (from $220.00) while maintaining a Buy rating.

The analyst comments "Credo reported another beat and raise quater, as near-term revenue growth continues to be driven by AEC proliferation and customer diversification. Our key takeaways include: 1) Management raised its FY27 outlook and now expects total revenue growth of >80% (vs +75% prior). Roughly half of the absolute dollar increase in FY27 is coming from the optical portfolio, with the other half from the existing copper portfolio, mainly AECs; 2) CRDO now expects >$600MM in optical

Credo Tech (CRDO) PT Raised to $275 at Needham

Tue, 02 Jun 2026 05:48:32 -0400

Needham analyst N. Quinn Bolton raised the price target on Credo Tech (NASDAQ: CRDO) to $275.00 (from $220.00) while maintaining a Buy rating.

Stocks expected to have increasing option volume: CRDO GOOG GOOGL BRKA.A VTR FDX

Tue, 02 Jun 2026 04:58:54 -0400

Stocks expected to have increasing option volume: CRDO GOOG GOOGL BRKA.A VTR FDX

Form SD Credo Technology Group

Mon, 01 Jun 2026 17:05:00 -0400

si-local-file:///var/storage/secattach/20260601/26584921.html

Form SD Credo Technology Group

Mon, 01 Jun 2026 17:05:00 -0400

si-local-file:///var/storage/secattach/20260601/26584921.html

After-Hours Stock Movers: HPE, CRDO, FULC, ABVX, MCHP

Mon, 01 Jun 2026 16:37:47 -0400

After-Hours Stock Movers

Hewlett Packard Enterprise (NYSE: HPE)

Hewlett Packard Enterprise skyrocketed 35% after hours, building on a 9% intraday gain, after posting a massive Q2 beat with an EPS of $0.79 and revenue of $10.7 billion. The stock's surge was further fueled by significantly raised Q3 and full-year fiscal 2026 guidance, easily clearing Wall Street expectations across the board.