Credo is holding above its gamma flip at $207.88 after a pullback, with a projected price path to $220 by October 9, $240 by October 23 and $308.67 by November 27. x.com 

Credo could be at an optimal entry point after falling more than 25% in a week despite a good earnings report the market seemingly disliked. It provides critical AI infrastructure connectivity that moves data very fast between clusters, and is projected to grow extremely quickly for the next few years. x.com 

Credo's 11% drop on its promotion to the Russell 1000 was index plumbing, but falling twice as much as chips exposed its fragility: at 33x sales with three customers making up 88% of revenue, it is vulnerable. Forced Russell 2000 selling met only a teaspoon of large-cap index buying. Holding $236 and reclaiming $241 targets a $252 gap fill; losing $231 means real sellers. The next print, around early September, decides it: falling concentration makes it a trade, 88% staying means fade the rip. … Show more

Credo has a lot of new businesses coming online that are not yet baked into projections. x.com 

Credo Technology's chart has turned bullish: it broke above its descending trend two days ago, with whale accumulation rising steadily. The $150-153 range is temporary resistance, and a break above it could trigger stronger momentum. x.com 

Credo's results were underwhelming for a company that added $32 billion in market value in a few months, and shorts may punish the stock. Per @WisemanCap, fiscal Q4 EPS of $1.16 beat the $1.02 estimate and revenue of $437 million was just above estimates, while Q1 fiscal 2027 revenue guidance of $465-476 million was roughly in line with the $464.7 million consensus. x.com  x.com 

Credo was an easy buy because its share price was ridiculously low against estimated revenues, as a quick look at its last quarterly report showed despite the hate. @KawzInvests adds that the DustPhotonics deal removes the bear case that a shift to optical breaks Credo, giving it a silicon photonics portfolio from 400G to 1.6T with a 3.2T roadmap. x.com 

Credo is a solid company whose low-power interconnects between AI servers become more necessary as AI compute grows. If microLED technology actually lands and improves optical module efficiency and density, its moat could get stronger. Filling the chart gap, or even a pullback to the 200-day moving average, would be a good buying opportunity, though Astera Labs was preferred when the two were compared. x.com  x.com 

Credo was overpriced even with great earnings, and it is still a little pricey at $190. Per @wallstengine, revenue rose 114.7% to $479.0M, beating estimates, and Q2 guidance of $525M-$535M also topped expectations, yet the stock is down $112 from its high of a few months ago. Valuation matters, and $150-$170 would be a decent entry point. x.com 

Credo's upside looks capped as growth falls short of earlier expectations and large stock-based compensation, hidden behind GAAP financials, looks excessive. BofA cut its target to $275 from $340 and Evercore to $292 from $325 on deceleration worries, the 1.6T DSP is delayed, and operating cash flow fell to $90M. The stock is 43% off its high; at $164 it trades at 30-33x FY27 earnings and 13x forward sales, more reasonable but still not worth owning. x.com  x.com  x.com  x.com