Credo Technology Group (CRDO) Stock News Today: Earnings Beat, Insider Sales, and Analyst Forecasts (Dec. 12, 2025)
Credo Technology Group shares surged after reporting Q2 FY2026 revenue of $268 million, up 272% year-over-year, and raising Q3 guidance to $335–$345 million. The stock hit $188.44 on Dec. 2 before dropping to the mid-$150s by Dec. 11 amid heavy volume and insider selling headlines. Market cap stood at $32.5 billion with a P/E above 150. Gross margin guidance for Q3 was lowered to 63.8%–66%.