Credo Technology Plummets in Volume but Rises in Price Ranking

On July 21, 2025, Credo Technology (CRDO) saw a trading volume of $434 million, marking a 35.67% decrease from the previous day. The stock price rose by 2.43%, placing it at the 240th position in the daily market rankings.

Credo Technology Group Holding Ltd has shown significant growth, with a 144% surge over the past three months. This impressive performance is driven by the momentum in the AI sector, strong product demand, and a positive outlook for the company's future.

Analysts have identified a 4.53% upside potential for Credo Technology Group Holding Ltd, based on their average price target. This optimistic forecast suggests that the stock may continue to appreciate in the near future.

Credo's PCIe Retimers are gaining traction in AI clusters, with notable design wins, demonstrations, and an expected 85% total revenue growth in fiscal year 2026. This development highlights the company's strong position in the AI market and its potential for further growth.