CRDO Earnings

CRDO reported its FY2026Q2 earnings on 2025-12-01, showcasing a revenue of 268.00M against an estimate of 235.00M, resulting in a 14.06% surprise. The EPS was 0.67, surpassing the expected 0.5 by 34% . The stock experienced a 10.12% price change on the earnings day and a 2.87% change over the next five days, reflecting market reactions to the results.

Following CRDO's FY2026Q2 earnings announcement on 2025-12-01, the stock price moved by 10.12% on the day of the release. Over the subsequent five days, it saw a 2.87% change. Historically, CRDO's stock price tends to shift by an average of -5.53% in the 10 days leading up to earnings and +14.63% in the 10 days following, providing insight into potential market.

For 2026/Q3, analysts estimate CRDO’s annual revenue to reach 342.00M, while the EPS is projected at 1.00. These estimates reflect recent revisions, with revenue estimates revised Revenue Revise Upward by 23.3% and EPS estimates Revise Upward by 38% over the past three months, indicating analyst expectation in the company’s performance.

The correlation between CRDO's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock’s fundamentals. Over the past three months, revenue estimates for FY2026 were Revise Upward by 23.3%, while EPS estimates moved Revise Upward by 38% . This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, CRDO's stock price typically moves by -5.53% in the 10 days before its earnings and +14.63% in the 10 days after. For the upcoming 2026/Q3 earnings, analysts expect an EPS of 1.00 and revenue of 342.00M.

The earnings call summary and Q&A session reflect strong financial performance, optimistic guidance, and strategic growth initiatives. Credo's expectation of 120% YoY revenue growth, expanding customer base, and product line growth are positive indicators. While management avoided specific details on ASP uplift and timeline for a new 10% customer, the overall sentiment remains positive with a focus on system-level solutions and strong market positioning. The lack of market cap information limits precise impact prediction, but the positive outlook suggests a stock price increase in the short term.