Super Micro Computer, Inc. Stock News

Despite Super Micro Computer's heavy dip, in my opinion, the current negative market sentiment seems exaggerated, as most of the negative developments are probably already priced in. Super Micro generated preliminary fiscal Q1 net revenues between $5.9 billion and $6 billion, an 181% increase over the previous quarter. It missed the management's guidance. The market clearly didn't like the QoQ ...

Despite beating revenue estimates in Q1, SMCI faces significant regulatory concerns, including auditor Ernst & Young's resignation, previous SEC charges, and potential Nasdaq delisting. A 35.5% margin of safety exists if regulatory issues are resolved favorably; however, in a conservative scenario with negative outcomes, this shrinks to just 9.62%. Given Super Micro Computer's history of accoun...

Susquehanna International's Jeff Yass oversaw the sale of more than 1.5 million shares of Palantir in the first-half of 2024 in favor of a rapidly growing but troubled artificial intelligence (AI) stock.

Super Micro Computer (SMCI) shares fell 20% Wednesday after the company inflamed concerns it could be delisted after it didn't fully clarify when it would file its delayed annual report for 2024, a necessity for the company to comply with Nasdaq rules.

Supermicro published preliminary quarterly results Tuesday, but the report may have raised more questions than it answered.

Super Micro Computer Inc (NASDAQ:SMCI) said its 'special committee' found no wrongdoing but broker Wedbush cut its target price on the stock for the second time this week. This follows preliminary earnings from the server maker overnight, where revenue indications from the previous quarter and the coming quarter were trimmed.

A disappointing preliminary earnings report weighed on the struggling stock.

Super Micro's stock fell to its lowest since mid-2023 after the company issued unaudited quarterly results that added to investor concerns. Preliminary results for the last quarter showed weaker-than-expected revenue, and the company's guidance was also light.