CRDO Earnings

CRDO reported its FY2026Q3 earnings on 2026-03-02, showcasing a revenue of against an estimate of 389.43M, resulting in a 0% surprise. The EPS was 0, surpassing the expected 0.94 by 0%. The stock experienced a 0% price change on the earnings day and a 0% change over the next five days, reflecting market reactions to the results.

Following CRDO's FY2026Q3 earnings announcement on 2026-03-02, the stock price moved by 0% on the day of the release. Over the subsequent five days, it saw a 0% change. Historically, CRDO's stock price tends to shift by an average of -1.5% in the 10 days leading up to earnings and 11.44% in the 10 days following, providing insight into potential market.

For 2026/Q3, analysts estimate CRDO's annual revenue to reach 341.69M, while the EPS is projected at 0.77. These estimates reflect recent revisions, with revenue estimates revised upward by 20.96% and EPS estimates revised upward by 33.65% 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 revised upward by 20.96%, while EPS estimates moved revised upward by 33.65%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, CRDO's stock price typically moves by -1.5% in the 10 days before its earnings and 11.44% in the 10 days after. For the upcoming 2026/Q3 earnings, analysts expect an EPS of 0.77 and revenue of 341.69M.

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.