7% Pullback, Fresh Institutional Buying and New Price Targets on December 11, 2025
Date: December 11, 2025
Key takeaways
- CRDO is trading around the mid‑$150s after a sharp 7% slide on Wednesday, following a year in which the stock has surged more than 160%. [1]
- Q2 FY2026 results showed hypergrowth: revenue up 272% year over year, GAAP EPS turning strongly positive, and operating cash flow up more than fourfold, driven by AI data‑center demand. [2]
- Analysts remain overwhelmingly bullish with a “Strong Buy” consensus and average 12‑month targets between roughly $180 and $220, even as some valuation models flag the stock as overvalued. [3]
- Institutional flows are mixed: new positions from Rokos Capital Management and AXA sit alongside trimming by Federated Hermes and earlier profit‑taking by other funds.
