{"id":88566,"date":"2026-02-14T10:47:47","date_gmt":"2026-02-14T13:47:47","guid":{"rendered":"https:\/\/tech.einnews.com\/article\/892376909"},"modified":"2026-02-14T10:47:47","modified_gmt":"2026-02-14T13:47:47","slug":"strong-outlook-and-pcie-certification-keep-credo-technology-group-holding-ltd-crdo-in-focus","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/02\/14\/strong-outlook-and-pcie-certification-keep-credo-technology-group-holding-ltd-crdo-in-focus\/","title":{"rendered":"Strong Outlook and PCIe Certification Keep Credo Technology Group Holding Ltd (CRDO) in Focus"},"content":{"rendered":"

Credo Technology Group Holding Ltd (NASDAQ:CRDO<\/strong><\/a>) is one of the best foreign stocks to buy right now<\/strong><\/a>. On February 10, Needham reiterated its Buy rating on Credo Technology Group (NASDAQ: CRDO) with a $220 price target after the company\u2019s preliminary Q3 revenue update. Credo expects about $406 million in revenue, well above its earlier guidance of $340 million, and sees continued growth into Q4 and fiscal 2027.<\/p>\n

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Strong Outlook and PCIe Certification Keep Credo Technology Group Holding Ltd (CRDO) in Focus <\/figcaption><\/figure>\n

Management projects mid\u2011single\u2011digit quarterly growth ahead, pointing to more than 200% year\u2011over\u2011year revenue growth in fiscal 2026. Needham raised its forecasts, now expecting $1.92 billion in revenue for 2027 and $2.30 billion for 2028.<\/p>\n

The firm reaffirmed Credo as its top pick for 2026, citing strong execution and long\u2011term demand for its Active Electrical Cable (AEC) products, which it believes will remain a key growth driver.<\/p>\n

Separately, on February 10, Credo announced that its Toucan PCIe retimer, which supports PCIe 6.0 technology, has received PCI-SIG compliance certification at 32.0 GT\/s data rate. The retimer now meets industry standards for PCI Express interconnects.<\/p>\n

According to Credo, it achieved the validation at PCIe 5.0 technology speeds. The company confirmed that the Toucan retimer conforms with the open industry specifications managed by the PCI-SIG consortium. As such, the retimer is now interoperable across platforms that adhere to PCIe standards.<\/p>\n

Credo Technology Group Holding Ltd (NASDAQ:CRDO) is a Cayman Islands company. It designs and sells high-speed connectivity solutions for data infrastructure markets. As a fabless semiconductor firm, it specializes in products such as HiWire active electrical cables, optical PAM4 digital signal processors, low-power line card PHYs, and SerDes chiplets.<\/p>\n

While we acknowledge the potential of CRDO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock<\/b><\/a>.<\/p>\n

READ NEXT: <\/b>11 Best AI Penny Stocks to Buy Right Now<\/strong><\/a> and <\/b>13 Best Affordable Tech Stocks to Buy Right Now<\/strong><\/a>.<\/p>\n

Disclosure: None. This article is originally published at Insider Monkey<\/b><\/a>.<\/p>\n

<\/a><\/strong> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

… and PCIe Certification Keep Credo Technology<\/span> Group Holding Ltd (CRDO) … which supports PCIe 6.0 technology<\/span>, has received PCI-SIG … adhere to PCIe standards. Credo Technology<\/span> Group Holding Ltd (NASDAQ: … Now\u00c2\u00a0and 13 Best Affordable Tech<\/span> Stocks to Buy Right …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-88566","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/88566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=88566"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/88566\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=88566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=88566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=88566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}