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Super Micro Computer Inc

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Super Micro posts AI-driven revenue record as margins tighten
technology22 days ago

Super Micro posts AI-driven revenue record as margins tighten

Super Micro reported a second-quarter revenue of $12.7 billion, a company record up 123% year over year, driven by AI demand, with adjusted earnings of 69 cents per share. However, gross margin fell to 6.3% due to mix and supply-chain pressures, prompting near-term margin concerns even as the enterprise-focused business underpins potential higher long‑term margins. Management guided for at least $12.3 billion in revenue next quarter and at least $40 billion for fiscal 2026. Shares rose about 7% after hours on the strong top line against a backdrop of competition and memory-price headwinds.

via MarketWatch|
#ai-demand#earnings-results#gross-margin
"Super Micro Computer's Stock Plummets Amid Earnings Worries"
financetechnology1 year ago

"Super Micro Computer's Stock Plummets Amid Earnings Worries"

Super Micro Computer Inc. shares experienced a significant drop, reaching a near two-month low, after the company announced the date of its third-quarter results without providing a pre-announcement of its earnings. This lack of positive preannouncement, combined with concerns about an important AI datapoint, led to a 15% decline in the stock, its largest one-day drop since February. The broader tech sector also saw declines, with Nvidia Corp and Dell Technologies Inc among the companies experiencing stock price decreases.

via Yahoo Finance|
#artificial-intelligence#earnings-concerns#financetechnology
"Super Micro's S&P 500 Debut Sparks 1000% Rally Amid AI Boom"
finance2 years ago

"Super Micro's S&P 500 Debut Sparks 1000% Rally Amid AI Boom"

Super Micro Computer Inc.'s stock has surged over 1,000% in the past year, potentially surpassing Nvidia Corp. as the best-performing stock in the S&P 500. The company's market capitalization has increased by $48 billion, reaching nearly $64 billion, and it is set to be added to the S&P 500 Index later this month. This move will increase AI representation in the index and could potentially drive the S&P higher. Despite some recent volatility and short seller activity, Wall Street remains bullish on the company, with 11 buy ratings and a high price target of $1,300.

via Yahoo Finance|
#ai#finance#nvidia-corp
"Super Micro and Deckers Outdoor Set to Join S&P 500 in Rebalancing"
finance2 years ago

"Super Micro and Deckers Outdoor Set to Join S&P 500 in Rebalancing"

Super Micro Computer Inc. and Deckers Outdoor Corp. will join the S&P 500 index, replacing Whirlpool Corp. and Zions Bancorp NA. Super Micro's shares surged due to strong market demand for its servers, while Deckers Outdoor, known for Hoka running shoes and UGG boots, saw a 35% rally this year. Inclusion in the S&P 500 is significant for companies, as it enhances their investor profile and trading liquidity. This move reflects the increasing importance of the benchmark in a world dominated by passive investment funds.

via Yahoo Finance|
#deckers-outdoor-corp#finance#quarterly-rebalancing
"Super Micro Computer Stock Plummets, Short Sellers Profit $1.2 Billion"
finance2 years ago

"Super Micro Computer Stock Plummets, Short Sellers Profit $1.2 Billion"

Short sellers of Super Micro Computer Inc. reaped a $1.2 billion profit as the company's shares plummeted 20% in a single day, marking their biggest drop since August. Despite this gain, short sellers have incurred approximately $4.8 billion in paper losses over the past year as the stock surged more than 760%. The group remains steadfast in their bets against the company, increasing shares shorted by 12% in the last 30 days. The stock's sharp ascent, reminiscent of meme stock surges, has drawn attention to the influence of the AI wave and the dynamics of options trading.

via Yahoo Finance|
#artificial-intelligence#finance#semiconductor-company
"Analyst Predicts Super Micro Computer Stock to Soar to $1,300"
technology2 years ago

"Analyst Predicts Super Micro Computer Stock to Soar to $1,300"

Super Micro Computer Inc. (SMCI), a San Jose-based company specializing in high-performance server and storage solutions, has seen a remarkable 9,900% surge in its stock since the start of 2023, outperforming major players like Nvidia in the AI space. With strong financials and an optimistic outlook, the company's revenue has doubled, and it raised its annual revenue guidance to $14.3 billion-$14.7 billion, driven by demand for its optimized AI computer platforms. Analysts are bullish on SMCI's prospects, with one initiating coverage with a Buy rating and a price target of $1,040, citing the company's growth potential and its position in the expanding AI server market.

via Benzinga|
#ai#financial-performance#market-growth
"Super Micro Stock: Record Highs, Sudden Plunge, and BofA Securities Bull"
finance2 years ago

"Super Micro Stock: Record Highs, Sudden Plunge, and BofA Securities Bull"

Shares in Super Micro Computer Inc (SMCI.O) hit a record high of $1,077.87 before sinking 20% to $803.32, marking its biggest one-day percentage decline since August. The stock's nine-day winning streak ended, with trading volume reaching its highest level since its 2007 IPO. Analysts have varying price targets, with Wells Fargo initiating coverage at $960 and BofA Global Research giving a buy rating and $1,040 target. The stock's recent rally has triggered bearish technical signals.

via Reuters|
#artificial-intelligence#finance#semiconductor
"Super Micro Computer Stock Soars and Plummets in Rollercoaster Week"
finance2 years ago

"Super Micro Computer Stock Soars and Plummets in Rollercoaster Week"

Shares in Super Micro Computer Inc surged to a record high before reversing course and dropping nearly 12% on Friday, despite a 250% increase for the year. Analysts from Wells Fargo and BofA Global Research have weighed in on the stock, with Wells Fargo starting coverage with an equal weight rating and BofA Global Research initiating coverage with a buy rating and a $1,040 price target. The stock's recent strong rally has triggered bearish warning signals from a technical perspective.

via Yahoo Finance|
#artificial-intelligence#bofa-global-research#finance
"Super Micro's Stock Outlook: Analyst Initiates Buy Rating Amid AI Boom"
finance2 years ago

"Super Micro's Stock Outlook: Analyst Initiates Buy Rating Amid AI Boom"

Super Micro Computer Inc. experienced a rollercoaster ride in stock trading, with shares initially rising before sharply declining, potentially disrupting what was shaping up to be the company's best week on record. The stock's recent surge reflects investor interest in its role in artificial intelligence, with its market valuation surpassing $56 billion at one point. Despite concerns about the stock's rapid ascent, some analysts believe the company's AI-driven momentum and strong fundamentals could support sustained valuation growth.

via Yahoo Finance|
#artificial-intelligence#finance#investment
"Supermicro Surges: Record Highs and Upbeat Earnings Propel Specialty Tech Stock"
technology2 years ago

"Supermicro Surges: Record Highs and Upbeat Earnings Propel Specialty Tech Stock"

Super Micro Computer Inc. is dominating the AI-dedicated server market, with its partnership with Nvidia and a big, unnamed customer, believed to be Meta Platforms Inc., driving its success. The company's ability to quickly deploy liquid-cooled racks and its close relationships with chip makers in Silicon Valley have contributed to its rapid growth, with its shares soaring about 40% after announcing preliminary results that exceeded expectations. However, analysts have issued a word of caution, noting that the company's earnings forecast implies flattish operating margins, and many are now eagerly awaiting its quarterly results to assess the recent stock price surge.

via MarketWatch|
#ai-dedicated-servers#meta-platforms-inc#nvidia