Credo Technology Group Holding Ltd - Ordinary Shares (CRDO)

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Credo is a pick-and-shovel play on the AI revolution, and it's growing like gangbusters.

Credo Technology (CRDO) exemplifies Louis Navellier's growth investing strategy with explosive revenue, EPS growth, and strong upward analyst revisions.

The company is fully capitalizing on an explosive trend in the tech world.

Credo shares are trading higher Thursday after the company reported better-than-expected first quarter financial results and issued second quarter sales guidance above estimates on Wednesday after the market closed.

Credo analysts highlight strong performance across its hyperscaler customers and Active Electrical Cables product line.

As the regular session of the US market on Wednesday comes to an end, let's delve into the after-hours session and discover the top gainers and losers shaping the post-market sentiment.

Credo Technology (CRDO) smashed Q1 FY2026 earnings estimates with a 274% revenue surge. Strong AI and cloud demand drove the beat, sending shares up 8% after hours.

Credo Technology obliterated Wall Street's targets for its fiscal Q1 and guided higher than views for the current period. Credo stock jumped.

Here's a look at this week's earnings calendar.

Credo stock jumped to a record high as the maker of high-speed connectivity gear for data centers is due to report fiscal Q1 results.