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Credo Technology Skyrockets 50% in a Month: Time to Buy the Stock?

Key Takeaways CRDO stock surged 50.2% in a month, far outpacing sector and S&P 500 performance. Fiscal Q4 revenues jumped 179.7% Y/Y to 170M,drivenbyproductsalesandAIfueleddemand.CRDOexpectsFY26revenuestobearound170M, driven by product sales and AI-fueled demand. CRDO expects FY26 revenues to be around 800M, implying 85% growth and a near 40% non-GAAP net margin.Credo Technology Group Holding Ltd (CRDO) stock has skyrocketed 50.2% over the past month, significantly more than the Electronic-Semiconductors and the broader Computer and Technology sector’s growth of 18.8% and 10.3% ...