Credo Technology (CRDO) Rapid Growth and Technical Strength Push Stock Higher
Next Earnings: Dec 1, 2025 (AMC)
Current Price: ~$177.60
52-Week Low: $29.09 (stock is up significantly in parallel with consecutive earnings beats)
🧬 1. FUNDAMENTAL SNAPSHOT
Hyper-Growth Revenue Trend (YoY)
- Q2 FY26: $223.07M (+273.57%)
- Q1 FY26: $170.03M (+179.73%)
- Q4 FY25: $135.00M (+154.44%)
- Q3 FY25: $72.03M (+63.58%)
→ Revenue growth accelerated every quarter, fueling a strong upward move in the stock from the $29 range to the current ~$177 level.
EPS Trend
- Q2 FY26: $0.52
- Q1 FY26: $0.35
- Q4 FY25: $0.25
- Q3 FY25: $0.07
→ EPS ramp mirrored the stock’s multi-quarter climb as margins expanded and operational leverage strengthened.
Beat/Miss Reaction History
| Quarter | EPS | Revenue | Price Reaction |
|---|---|---|---|
| Sept 2025 | Beat | Beat | +7.40% |
| June 2025 | Beat | Beat | +14.80% |
| Mar 2025 | Beat | Miss | -13.97% |
| Dec 2024 | Beat | Beat | +47.89% |
→ CRDO consistently moved higher on strong beats, with large post-earnings pops contributing heavily to its rise over the past year.
📈 2. TECHNICAL SNAPSHOT
Trend Structure
- Long-term: Bullish; price well above 200-DMA (~$97).
- Medium-term: Consolidation between $150–180.
- Short-term: Reclaimed 50-DMA (~$152); momentum improving ahead of earnings.
Key Support
- $152–153 → Primary support (50-DMA)
- $140 → Secondary support
- $97–100 → Long-term support (200-DMA)
Key Resistance
- $178–180 → Immediate breakout zone
- $188–195 → Next resistance band
- $200+ → Target on significant earnings beat
Technical Behavior
- Accumulation visible (volume rising on green days).
- Higher lows forming into the earnings date.
- Buyers defending $150 area repeatedly.
🧩 3. COMBINED FUNDAMENTAL + TECHNICAL VIEW
Bull Case
- Another revenue + EPS beat continues the hyper-growth trend.
- Breakout over $180 targets $190–200.
Base Case
- Inline results keep the stock in a $160–180 range.
- Trend remains intact unless $152 breaks.
Bear Case
- Revenue miss → historically causes sharp drops.
- Break below $152 → move toward $140.
🎯 4. Final Summary
CRDO has delivered accelerating revenue and EPS growth across multiple quarters, with repeated earnings beats driving a major move from the $29 range to ~$177. The stock remains in a bullish multi-timeframe trend, consolidating under key resistance at $178–180 ahead of a high-volatility earnings catalyst on Dec 1.