TD Cowen analysts reiterates a Buy rating for Credo Technology Group Holding Ltd (CRDO)

Daniel Torres

Credo Technology Group Holding Ltd’s filing revealed that its Chief Legal Officer, Secretary Laufman James unloaded Company’s shares for reported $1.5 million on Dec 24 ’25. In the deal valued at $150.00 per share,10,000 shares were sold. As a result of this transaction, Laufman James now holds 214,905 shares worth roughly $31.1 million.

Then, JAMES L LAUFMAN bought 10,000 shares, generating $1,500,000 in total proceeds.

Before that, Cheng Chi Fung sold 55,000 shares. Credo Technology Group Holding Ltd shares valued at $8,292,178 were divested by the Chief Technology Officer at a price of $150.77 per share. As a result of the transaction, Cheng Chi Fung now holds 6,503,961 shares, worth roughly $941.12 million.

TD Cowen reiterated its Credo Technology Group Holding Ltd [CRDO] rating to a Buy in a research note published on December 02, 2025; the price target was $240. A number of analysts have revised their coverage, including JP Morgan’s analysts, who began to cover the stock in mid October with a ‘”an Overweight”‘ rating. William Blair started covering the stock on September 18, 2025. It rated CRDO as “an Outperform”.

Price Performance Review of CRDO

On Monday, Credo Technology Group Holding Ltd [NASDAQ:CRDO] saw its stock fall -0.09% to $144.7. Over the last five days, the stock has lost -3.62%. Credo Technology Group Holding Ltd shares have risen nearly 103.17% since the year began. Nevertheless, the stocks have risen 115.30% over the past one year. While a 52-week high of $213.80 was reached on 12/02/25, a 52-week low of $29.09 was recorded on 04/07/25.

Levels Of Support And Resistance For CRDO Stock

The 24-hour chart illustrates a support level at 141.33, which if violated will result in even more drops to 137.95. On the upside, there is a resistance level at 146.63. A further resistance level may holdings at 148.55.

How much short interest is there in Credo Technology Group Holding Ltd?

A steep rise in short interest was recorded in Credo Technology Group Holding Ltd stocks on 2025-12-15, dropping by -1.34 million shares to a total of 6.53 million shares. Yahoo Finance data shows the prior-month short interest on 2025-11-14 was 7.87 million shares. There was a decline of -20.46%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on September 04, 2025 when TD Cowen resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $160.

Knox Daily
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