CRDO Stock Up 25% after 6-Day Win Streak
Credo Technology (CRDO) stock hit day 6 of a continuous streak of days with gains, with cumulative gains over this period amounting to a 25% return. The company has gained about $4.6 Bil in value over the last 6 days, with its current market capitalization at about $19 Bil. The stock remains 72.6% above its value at the end of 2024. This compares with year-to-date returns of 8.2% for the S&P 500.
CRDO provides high-speed connectivity solutions for optical and electrical Ethernet, including integrated circuits, active cables, SerDes chiplets, and SerDes IP licensing. After this rally, is CRDO still a buy – or is it time to lock in gains? Deep dive with Buy or Fear CRDO.
Comparing CRDO Stock Returns With The S&P 500
The following table summarizes the return for CRDO stock vs. the S&P 500 index over different periods, including the current streak:
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| Return Period | CRDO | S&P 500 |
|---|---|---|
| 1D | 6.1% | -0.1% |
| 6D (Current Streak) | 24.8% | 0.8% |
| 1M (21D) | 25.3% | 2.5% |
| 3M (63D) | 168.5% | 14.4% |
| YTD 2025 | 72.6% | 8.2% |
| 2024 | 245.2% | 23.3% |
| 2023 | 46.3% | 24.2% |
| 2022 | -19.4% |
What is the point? Momentum often precedes conviction. A multi-day win streak can signal growing investor confidence or spark follow-on buying. Tracking such trends can help you ride the strength, or prepare for a well-timed entry if momentum fades. However, big gains can follow sharp reversals – but how has CRDO behaved after prior drops? See CRDO Dip Buyer Analysis to learn more.
Gains and Losses Streaks: S&P 500 Constituents
There are currently 22 S&P constituents with 3 days or more of consecutive gains and 121 constituents with 3 days or more of consecutive losses.
| Consecutive Days | # of Gainers | # of Losers |
|---|---|---|
| 3D | 8 | 83 |
| 4D | 4 | 15 |
| 5D | 1 | 20 |
| 6D | 5 | 3 |
| 7D or more | 4 | 0 |
| Total >=3 D | 22 | 121 |
Key Financials for Credo Technology (CRDO)
Last 2 Fiscal Years:
| Metric | FY2024 | FY2025 |
|---|---|---|
| Revenues | $193.0 Mil | $436.8 Mil |
| Operating Income | $-36.3 Mil | $38.0 Mil |
| Net Income | $-28.4 Mil | $52.2 Mil |
Last 2 Fiscal Quarters:
| Metric | 2025 FQ3 | 2025 FQ4 |
|---|---|---|
| Revenues | $135.0 Mil | $170.0 Mil |
| Operating Income | $26.2 Mil | $34.7 Mil |
| Net Income | $29.4 Mil | $36.6 Mil |
While CRDO stock looks attractive given its winning streak, investing in a single stock without detailed, thorough analysis can be risky. The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming the S&P 500 over the last 4-year period. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.