Positive sentiment towards CRDO reflected in decline in short interest

Anna Perez

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Credo Technology Group Holding Ltd shares valued at $4,664,053 were sold by Cheng Chi Fung on Jan 15 ’26. At $155.47 per share, Cheng Chi Fung sold 30,000 shares. The insider’s holdings dropped to 6,357,370 shares worth approximately $884.69 million following the completion of this transaction.

Also, ACEVEDO SYLVIA sold 2,200 shares, netting a total of over 350,196 in proceeds. Following the sale of shares at $159.18 each, the insider now holds 18,545 shares.

Before that, SYLVIA ACEVEDO had added 2,200 shares to its account. In a trade valued at $350,196, the Director bought Credo Technology Group Holding Ltd shares for $159.18 each.

As published in their initiating research note from Rosenblatt on January 21, 2026, Credo Technology Group Holding Ltd [CRDO] has been a Neutral and the price target has been revised to $170. Analysts at TD Cowen resumed the stock at ‘”a Buy”‘ outlook in a report released in early December. As of October 17, 2025, JP Morgan has initiated its “an Overweight” rating for CRDO.

Analyzing CRDO Stock Performance

On last trading session, Credo Technology Group Holding Ltd [NASDAQ: CRDO] plunged -9.18% to $139.16. The stock’s lowest price that day was $134.15, but it reached a high of $153.4 in the same session. During the last five days, there has been a drop of approximately -13.77%. Over the course of the year, Credo Technology Group Holding Ltd shares have jumped approximately 73.91%.

Is Credo Technology Group Holding Ltd subject to short interest?

Stocks of Credo Technology Group Holding Ltd saw a sharp steep in short interest on 2025-12-31 dropping by -1.27 million shares to 7.32 million. Data from Yahoo Finance shows that the short interest on 2025-11-28 was 8.58 million shares. A decline of -17.31% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 1.22 of the overall float, the days-to-cover ratio (short ratio) decline to 1.22.

Which companies own the most shares of Credo Technology Group Holding Ltd (CRDO)?

In terms of Credo Technology Group Holding Ltd share price expectations, FactSet research, analysts set an average price target of 235 in the next 12 months, up nearly 53.37% from the previous closing price of $153.22. Analysts anticipate Credo Technology Group Holding Ltd stock to reach 260 by 2026, with the lowest price target being 160. In spite of this, 5 analysts ranked Credo Technology Group Holding Ltd stock as Buy at the end of 2026.

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