Computer assembly giant Super Micro Computer (NASDAQ: SMCI ) will split its stock on a 10-for-1 basis. But the timing of the announcement is not auspicious.
Super Micro Computer, Inc. beat revenue expectations in Q4 '24 but fell short on EPS estimates, creating a volatile trading session post-market and opening an attractive entry point for long-term investors. The fundamentals driving Super Micro's growth, particularly in AI, remain strong, positioning it well in the market. Despite margin pressure from competitive pricing and supply chain issues, Super Micro is still poised to double its revenue next year.
Shares of Super Micro Computer, Inc. have dropped over 50% from their AI craze highs, but a solid fourth fiscal quarter warrants an update. The company provides high-performance server and storage solutions, key enablers in the AI revolution. With top-line growth slowing (sequentially) investors are most displeased with severe and unexpected margin pressure.
Super Micro Computer (NASDAQ: SMCI ), which makes servers and other hardware for data centers, is the top-trending name on Yahoo Finance this morning. SMCI stock plunged 13% in early trading after the tech giant after the company reported mixed quarterly financial results and provided mixed guidance for the current quarter.
Super Micro Computer's revenue estimates for its upcoming fiscal year blow away analysts' expectations.
Super Micro Computer Inc. could see revenue double in its new fiscal year, after revenue already doubled in the one that just finished.
After a strong start to the year, SMCI stock fell 50% since the March highs.
Super Micro Computer's mixed Q4 FY2024 report has triggered a double-digit sell-off in its stock, exacerbating a painful drawdown. While SMCI's bottom-line performance is disappointing, current and forward revenue growth rates are exhilarating. In recent weeks, Super Micro's long-term risk/reward has improved significantly. Given SMCI's 5-year expected CAGR return now exceeds my investment hurdle rate of 15%, I rate Super Micro a "Buy".
For several months in 2024, the server company Super Micro Computer (NASDAQ: SMCI) was the absolute star of the stock market as it, between January and March, managed a rise from about $285 to above $1,000.
Super Micro Computer stock was falling amid an increasingly volatile environment for artificial-intelligence stocks.
Super Micro Computer, Inc. SMCI, which manufactures servers for artificial intelligence applications and processes, reported its fiscal fourth-quarter results Tuesday after the market closed and its stock reacted to the report with a sharp move to the downside.
Super Micro Computer shares tumbled 12.3% in premarket trading on Wednesday as concerns over the high cost of producing AI server chips weighing on its profit forecast, eclipsing upbeat sales forecasts.