Credo Technology Group (CRDO) Stock on November 29, 2025: Institutional Buying, AI Tailwinds and an Extreme Valuation Test

November 29, 2025 — CRDO stock news and analysis

Credo Technology Group Holding Ltd (NASDAQ: CRDO) heads into the final month of 2025 as one of Wall Street’s most explosive AI‑infrastructure plays — and one of its most richly valued. The stock closed Friday, November 28, at about $177.60, up 8.29% on the day, with after‑hours trading nudging it to roughly $178. ^[1]

Over the past year, Credo has delivered a staggering ~285% total return between November 29, 2024 and November 29, 2025, ranking among the top‑performing large‑cap U.S. stocks. ^[2]

Today’s news flow (November 29, 2025) is dominated by:

Fresh 13F filings showing more institutional buying
A MarketBeat breakdown of insider selling and valuation metrics ^[3]
A Yahoo Finance feature asking whether strong fundamentals justify the 285% rally ^[4]
Persistent “Strong Buy” technical signals from Investing.com, even as indicators flash “overbought” ^[5]

Below is a structured, SEO‑optimized look at what matters most for Credo Technology Group Holding Ltd stock today.

1. CRDO stock snapshot: price, performance and positioning

Last close (Nov 28, 2025): $177.60 (+8.29%)
Post‑market quote: $178.00 (+0.23%) ^[6]
52‑week range: $29.09 – $193.50 ^[7]
Market cap: ≈ $30–31 billion (MarketBeat pegs it at $30.75B). ^[8]
1‑year return: ~285%, placing Credo in the top handful of large‑cap U.S. performers. ^[9]

A weekly market wrap from MarketScreener highlighted Credo as a +33.04% gainer over the last week, attributing the move to a strategic licensing agreement with The Siemon Company covering several patents related to Credo’s active electrical cable (AEC) technology. ^[10]

Fundamentally, Credo sells high‑speed connectivity solutions for AI, cloud and data‑center infrastructure — including HiWire active electrical cables, PAM4 optical DSPs, low‑power line‑card PHYs and SerDes chiplets — to hyperscalers, OEMs, and optical module makers. ^[11]

In other words: this is a pure‑play on the plumbing of AI data centers — and markets have been willing to pay up for that exposure.

2. Today’s headlines (Nov 29, 2025): institutional buying and insider selling

2.1 F M Investments ups its stake; institutional ownership above 80%

In a new November 29 MarketBeat piece, F M Investments LLC disclosed that it raised its position in Credo by 22.4% during the second quarter, to 43,167 shares worth about $4.0 million. ^[12]

That filing sits alongside sizable holdings by other heavyweight institutions:

JPMorgan Chase & Co. boosted its stake by 36.5% to about 6.51 million shares (~$603M).
Nuveen, Swedbank, Candriam and FengHe Fund Management all added or initiated positions. ^[13]

Together, these moves push estimated institutional ownership to roughly 80.46% of the float. ^[14]

A separate set of filings, also highlighted today on MarketBeat, showed F M Investments’ increase in more detail and reinforced the message: large asset managers continue to accumulate CRDO even after its huge run. ^[15]

For search: this is a clear SEO‑important theme — “CRDO stock institutional ownership” and “Credo Technology Group holdings raised” are likely to see interest as investors track who’s still buying this high‑flyer.

2.2 Insider selling: nearly $150M in stock offloaded over three months

The same MarketBeat coverage also emphasizes a contrasting datapoint: senior insiders have been net sellers. According to the November 29 story: ^[16]

CTO Chi Fung Cheng sold 55,000 shares at an average of about $164, roughly $9.0M.
COO Yat Tung Lam sold 80,000 shares around $143–164, totaling more than $11M.
In aggregate, insiders have sold ~973,161 shares worth about $149M over the past three months.

Even after those sales, insiders still own about 11.8% of the company. ^[17]

From an SEO and investor‑sentiment angle, this sets up a natural tension: “CRDO stock: institutions buying while insiders sell” — a theme that’s likely to feature in pre‑earnings commentary.

2.3 Yahoo Finance: are “strong financial prospects” driving the 285% surge?

A new Yahoo Finance article dated November 29 argues that “strong financial prospects” are a key force behind Credo’s 285% one‑year share‑price increase, pointing to rapid revenue growth and rising profitability metrics. ^[18]

While the full text is partially gated, coverage from TS2 and other aggregators summarises the key points: TechStock²

The article notes triple‑digit revenue growth and expanding margins.
It frames Credo’s rally as at least partly grounded in fundamentals, not “AI hype” alone.
At the same time, it flags the extreme valuation multiples and the risk that any slowdown could hit the stock hard.

Taken together with MarketBeat’s data, today’s news paints a picture of a company where fundamentals, flows and sentiment are all aligned bullishly, but where expectations are already sky‑high.

3. Financial performance: explosive growth into Q2 FY2026

3.1 Last reported quarter (Q1 FY2026)

Credo’s most recent reported quarter (fiscal Q1 2026, reported on September 3, 2025) was objectively strong: ^[19]

Revenue: $223.07M, up ~273–274% year over year, and well above ~$191M consensus.
EPS: $0.34, a big jump from $0.04 a year earlier, though a touch below the $0.36 consensus in one MarketBeat dataset. ^[20]
Return on equity: ~19%; net margin about 20.9%. ^[21]
Product revenue: up ~279% YoY to $217.1M, driven largely by AEC demand from hyperscalers. ^[22]

Zacks/Finviz note that Credo has beaten earnings estimates in each of its last four quarters, with an average positive surprise of around 33%. ^[23]

3.2 Q2 FY2026 guidance and Street expectations

Credo is scheduled to report Q2 FY2026 earnings on Monday, December 1, 2025 after the close, according to Zacks, Finviz and GuruFocus. ^[24]

Management’s Q2 guidance (for the quarter now being reported) is: ^[25]

Revenue: $230M – $240M (about +5% QoQ at the midpoint)
Non‑GAAP gross margin:64–66%
Non‑GAAP opex: $56–58M

Street estimates vary by provider:

Zacks / Finviz:
- Revenue: ~$235.2M (+226.6% YoY)
- EPS:$0.49, implying roughly 600% YoY growth. ^[26]
GuruFocus consensus:
- Revenue: ~$234.9M
- EPS:$0.30 for Q2, with full‑year FY2026 EPS expected around $1.32 and revenue about $972M. ^[27]

Over the last 90 days, GuruFocus reports upward revisions to both 2026 and 2027 revenue and earnings estimates, indicating that analysts have been steadily marking up their models as the AI build‑out accelerates. ^[28]

For SEO, note the key long‑tail phrases here: “CRDO Q2 2026 earnings expectations”, “Credo Technology Group Dec. 1 2025 earnings release”, and “CRDO EPS estimates 2026”.

4. Strategy and product moves behind the rally

While today’s headlines are mostly about holdings and valuation, they build on a stream of strategic announcements from late 2025.

4.1 Hyperlume acquisition: betting on optical interconnect for AI

On September 29, 2025, Credo announced the acquisition of Hyperlume, Inc., a private company specializing in microLED‑based optical interconnect technology for chip‑to‑chip communication in AI data centers. ^[29]

According to the company’s own summary (via StockTitan), Hyperlume’s ultra‑fast microLEDs and low‑power circuitry target the bandwidth and energy constraints of traditional copper interconnects in massive AI clusters. ^[30]

This deal:

Expands Credo’s footprint from copper AECs into advanced optical links.
Is tightly aligned with hyperscalers’ push toward denser, more energy‑efficient AI networks.

4.2 ZeroFlap optics, OCP Global Summit and Arm Total Design

In October, Credo rolled out a series of announcements that continue to show up in analyst write‑ups today: ^[31]

ZeroFlap optical transceivers (400G, 800G, 1.6T): designed to improve reliability in AI back‑end networks by reducing “flapping” optical links and adding rich mission‑mode diagnostics through the PILOT telemetry platform. ^[32]
A high‑profile presence at the 2025 OCP Global Summit with demos of 1.6T AECs, 224G DSPs, PCIe Gen6 retimers and analytics tools tailored for AI infrastructure. ^[33]
Joining the Arm Total Design ecosystem on October 14, integrating Credo’s SerDes and mixed‑signal DSP IP with Arm Neoverse compute subsystems to accelerate custom AI data‑center silicon. ^[34]

These initiatives reinforce the narrative driving today’s commentary: Credo isn’t just riding AI — it’s trying to become a core enabler of AI networking standards.

4.3 Licensing deal with The Siemon Company

The MarketScreener weekly update (published November 28) singles out Credo’s shares as a top gainer and credits a strategic licensing agreement with The Siemon Company. ^[35]

The agreement covers several patents related to Credo’s AEC technology, effectively monetising intellectual property while expanding the ecosystem for its HiWire‑class solutions. For a cabling specialist like Siemon, access to Credo’s AEC IP can strengthen its offering into hyperscale and enterprise data centers; for Credo, it’s incremental high‑margin revenue and broader adoption of its designs.

5. Technical picture: “Strong Buy” signals in an overbought stock

As of early November 29 (02:46 GMT), Investing.com’s technical dashboard for CRDO shows: ^[36]

Daily technical summary:“Strong Buy”
Moving averages: 12 buy signals, 0 sell, across MA5, MA10, MA20, MA50, MA100 and MA200 (simple and exponential).
Key indicators:
- RSI(14): ~77 (overbought)
- Stoch(9,6): >92 (overbought)
- Stoch RSI(14): ~98 (overbought)
- ADX(14): ~84 (very strong trend)
- MACD(12,26): positive and on “Buy”

So purely from a chart‑driven perspective, CRDO looks like a textbook momentum winner: the long‑term trend is firmly up, and shorter‑term averages are stacked bullishly above longer‑term ones.

But the same dashboard is also shouting “overbought” on nearly every oscillator, a classic warning that short‑term pullbacks are possible even inside a strong uptrend.

From an SEO standpoint, this aligns with queries like “CRDO technical analysis today”, “Credo Technology RSI” and “Is CRDO overbought?”

6. Valuation: AI darling with ultra‑rich multiples

Today’s coverage repeatedly returns to one issue: valuation.

6.1 Current multiples

MarketBeat’s November 29 article lists the following metrics based on recent prices: ^[37]

Market cap: ~$30.75B
Trailing P/E:~265x
One‑year low / high: $29.09 / $193.50

A Zacks‑sourced analysis on Finviz notes that CRDO trades at about 96.6x forward earnings, versus a forward P/E of ~39x for its industry. By comparison: ^[38]

Broadcom (AVGO): ~51x forward P/E
Astera Labs (ALAB): ~121x
Marvell Technology (MRVL): ~34x

On cash‑flow metrics, GuruFocus estimates Credo’s trailing 12‑month free cash flow at roughly $93.5M and its market cap around $30.7B, implying a free‑cash‑flow yield of about 0.3% — extremely low. ^[39]

GuruFocus also reports: ^[40]

Average 12‑month analyst target price: ~$164.82 (range: $135 – $190)
That average target implies minimal upside from recent prices.
A DCF‑style “GF Value” estimate near $116.86, suggesting the stock trades well above its modeled fair value.

MarketBeat’s analyst survey echoes the bullish but cautious stance: one Strong Buy, 13 Buy ratings, two Holds, for an overall “Moderate Buy” and a consensus target of about $140.36 — again below the current share price. ^[41]

6.2 What today’s articles are really saying

Read across today’s MarketBeat, Yahoo Finance and TS2 coverage and a consistent message emerges: ^[42]

Growth is phenomenal. Triple‑digit revenue growth, rising margins and strong hyperscaler demand justify a premium.
Expectations are even higher. With P/E, P/S and cash‑flow multiples all stretched far above peers, Credo now has very little room for execution mistakes.
Analysts are bullish but not euphoric. Most still rate the stock “buy” or “outperform”, but many target prices sit below current levels, implicitly signalling that much of the AI story is already priced in.

For investors searching “Is CRDO overvalued?” or “Credo Technology stock valuation vs peers”, the takeaway from today’s news is clear: this is a high‑quality business with a very aggressive price tag.

7. Risk factors highlighted in current coverage

Today’s and recent pre‑earnings articles surface several key risks that anyone following CRDO stock should understand.

7.1 Customer concentration and hyperscaler dependence

Zacks/Finviz note that Credo remains heavily reliant on a small number of hyperscalers: ^[43]

In the last reported quarter, the top three customers each contributed more than 10% of revenue.
Management expects three to four customers to stay above that 10% threshold in the near term.

If any major hyperscaler slows AI capex, reprioritises vendors or redesigns its network architecture, Credo’s revenue could be hit quickly and hard.

7.2 Competition from Broadcom, Marvell and other semiconductor heavyweights

The same Zacks analysis stresses that Credo faces intense competition from large incumbents like Broadcom and Marvell Technology in networking and connectivity silicon. ^[44]

These companies have:

Deeper balance sheets
Broader product portfolios
Long‑established relationships across data‑center customers

Credo’s edge is its focus and speed of innovation in SerDes and AEC/optics — but defending share against giants is never risk‑free.

7.3 Macro, tariffs and supply‑chain uncertainty

Zacks also flags tariff risk and broader macro uncertainty as potential headwinds to margins and growth, particularly if trade or export‑control regimes tighten around advanced data‑center hardware. ^[45]

7.4 Insider selling vs institutional buying

As discussed earlier, the insider‑selling trend (nearly $150M sold in three months) may concern some investors, even though insiders still own almost 12% of the company and institutions are buying. ^[46]

Interpreting that divergence is subjective, but today’s coverage clearly invites questions such as:

Are insiders simply diversifying after a huge run, or signalling caution?
Are institutions late to the party, or betting that the AI infrastructure cycle has years to go?

For SEO, phrases like “CRDO insider selling” and “Credo Technology institutional ownership 2025” are likely to attract attention as investors weigh those signals.

8. What to watch as Credo heads into its December 1 earnings

Based on today’s news (November 29, 2025), here are the key things market participants are watching:

Can Q2 beat already‑lofty expectations?
- With revenue expected around $235M and EPS anywhere between $0.30 and $0.49 depending on the data provider, the bar is high. ^[47]
Guidance for the second half of FY2026 and FY2027.
- GuruFocus notes sharp upward estimate revisions over the last 90 days. Any slowdown in that trend could trigger a valuation reset. ^[48]
AI infrastructure commentary.
- Analysts will dissect management’s comments on AI cluster build‑outs, optical attach rates, copper vs optical mix, PCIe retimer traction, and the integration of Hyperlume technology. ^[49]
Margins amid scale‑up.
- Credo is guiding for mid‑60s gross margins and opex growth that lags revenue; investors will be watching for sustained operating leverage. ^[50]
Any new design wins or strategic partnerships.
- Following the Siemon license, Arm Total Design membership and OCP Summit announcements, the market is primed for more ecosystem news. ^[51]

9. Key takeaways for CRDO stock followers (November 29, 2025)

To round up today’s Credo Technology Group stock news:

CRDO is one of 2025’s standout AI winners, with ~285% one‑year gains and a recent close around $178. ^[52]
Institutional investors keep buying, lifting ownership above ~80%, while insiders have sold nearly $150M of stock over three months but still hold ~12%. ^[53]
Fundamentals are strong: revenue up ~274% YoY last quarter, expanding margins, and continued momentum in AECs and optics. ^[54]
Valuation is extreme by nearly any metric: ~265x trailing earnings, ~97x forward earnings, a ~0.3% FCF yield, and several fair‑value models pointing below the current price. ^[55]
Technical indicators flash both “Strong Buy” and “overbought,” underscoring momentum but also the risk of sharp pullbacks. ^[56]
Major near‑term catalyst: the Q2 FY2026 earnings release on December 1, 2025, where Credo will be asked to justify both its growth trajectory and its valuation. ^[57]

Important disclaimer

This article is for informational and educational purposes only and is not investment advice. It does not recommend buying, selling or holding any security. Always do your own research and consider consulting a licensed financial adviser before making investment decisions.

$CRDO - Credo Technology - AI data center infrastructure

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