Credo Technology (CRED) Shares Up 9% on PCI-SIG Compliance and Q3 Preliminary Revenue

Credo Technology Group (CRED) shares surged 9% on February 10, 2026, following positive reactions to its PCI-SIG compliance certification and preliminary third-quarter revenue results. The preliminary data indicated a 12% year-over-year increase in Q3 revenue, reaching $145 million, with strong growth in data security solutions. The company cited improved adoption of its secure payment platforms and expanded client contracts as drivers of the upside. Analysts noted the momentum reflects resilience in the data security sector amid rising cyber threats.