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CRDO Stock Jumps Post Q1 Earnings: Stay Invested or Lock in Profits?

Key Takeaways CRDO stock jumped 12.9% post-earnings, closing last session at $140.82 after a 52-week highThree hyperscalers each made up over 10% of revenues, with more ramps ahead.CRDO trades at a premium P/S of 23.58 versus the sector's 9.37.Credo Technology Group Holding Ltd (CRDO) stock has surged 12.9% since the company reported strong first-quarter fiscal 2026 results on Sept. 3. It reported explosive revenue growth amid the AI infrastructure boom and provided robust guidance for fiscal 2026.Driven by ...