Core Insights - Super Micro Computer (NASDAQ:SMCI) reported a revenue growth of 143.6% to $5.31 billion, slightly exceeding analyst expectations of $5.30 billion, but its adjusted EPS of $6.25 fell short of the estimate of $8.07 [1] - The company provided strong guidance, projecting first quarter revenue between $6 billion and $7 billion, significantly higher than the analyst estimate of $5.46 billion, and for the fiscal year ending June 30, 2025, it expects revenue between $26 billion and $30 billion, compared to the estimate of $23.4 billion [2] - CEO Charles Liang stated that the company is positioned to become the largest IT infrastructure company, emphasizing their technology leadership [3] Financial Performance - Super Micro's gross margin declined to 11.2% from 17% a year ago and 15.5% from the previous quarter, attributed to a significant increase in cost of sales, which rose to $4.71 billion from $1.81 billion year-over-year, outpacing revenue growth [4] - Following the earnings report, analysts from Bank of America and other firms lowered their price targets due to concerns over declining margins and competitive pressures [5][6] Analyst Reactions - Bank of America analyst Ruplu Bhattacharya reduced the price target from $1,090 to $700 and changed the rating from "buy" to "neutral," citing challenges in margins and competitive pricing [5] - Other analysts also adjusted their price targets downward, with Barclays lowering its target to $693, Goldman Sachs to $675, Wells Fargo to $650, and Wedbush to $620 [6]

The AI server maker missed on the bottom line in its quarterly earnings report. Super Micro Computer (SMCI -19.38%) was having a rough day today after the artificial intelligence (AI) server maker reported another strong quarter of sales growth, but margins compressed faster than expected and it badly missed estimates on the bottom line. The stock was down 18% as of 1:54 p.m. ET on the news. Supermicro suddenly shows weakness Supermicro, as the company is also known, has been one of the best-performing stoc ...

Super Micro Computer (SMCI) reported fourth-quarter fiscal 2024 non-GAAP earnings of $6.25 per share, which surged 78.1% year over year. The figure missed the Zacks Consensus Estimate by 22.2%. Revenues surged 143% on a year-over-year basis to $5.31 billion. The top line surpassed the Zacks Consensus Estimate by 0.3%. Year-over-year revenue growth was driven by strong momentum across the Server and Storage Systems and Subsystems & Accessories businesses. Strength across Enterprise & Channel and OEM Applianc ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

Super Micro Computer Today SMCI Super Micro Computer $514.40 -102.54 (-16.62%) 52-Week Range $226.59 ▼ $1,229.00 P/E Ratio 28.83 Price Target $999.92 Add to Watchlist Super Micro Computer Inc. NASDAQ: SMCI stock is down more than 13% the morning after it delivered its fourth quarter and full-year 2024 earnings report. The curiosity isn't why the stock is down but why it shot higher in the immediate aftermath of the report. The headline numbers were below analysts' expectations. Revenue of $5.31 billion was ...

JHVEPhoto San Jose-headquartered Super Mitro Computer, Inc. (NASDAQ:SMCI) - better known as "Supermicro" - had been in operation for a long time and was relatively unremarkable in that it was just one of several companies building servers and storage systems for computing hardware (among other server-related areas). The company doesa't manufacture chips, per se, but rather assembles the server around a chipmaker's products in the most efficient manner. The founder, Charles Liang, holds numerous patents in s ...

Super Micro Computer NASDAQ: SMCI shares are imploding due to a knee-jerk reaction to weaker-than-expected margin news. However, the takeaways from the earnings report suggest that margin weakness is fleeting and that this dip is buyable. More to the point, the company's 10-for-1 forward stock split is a signal for investors to load up on this value-building AI machine. Super Micro Computer Today | --- | --- | |-----------------------|-------| | | | | | | | SMCI | | | Super Micro Computer | | | $520.52 | | ...

Jetta Productions Inc Investment Thesis Super Micro Computer, Inc. (NASDAQ:SMCI) released fiscal Q4 earnings that beat revenue expectations but fell short of EPS estimates. Shares are down 13% in post-market trading as of the time of this writing, mirroring a nervous market skeptical over the tech sector's ability to sustain the AI-fueled growth. In my view, as an unbiased investor who missed the initial rally, I believe now isn't the time to be nervous. The fundamentals that carried SMCI this far are still ...

Thomas Barwick At the start of the year, Super Micro Computer, Inc. (NASDAQ:SMCI) was the poster child of the AI craze, but the correction over the summer has taken the shares now down over 50% from their highs. This correction, and a solid fourth fiscal quarter, warrants an update on the shares here. While top line sales results are largely fine, but will see a growth slowdown during 2025, the issue is that of a very soft margin performance, which feels unexpected and is weighing on the shares here. Improv ...

Super Micro Computer's revenue estimates for its upcoming fiscal year blow away analysts' expectations. In today's video, I discuss recent updates impacting Nvidia (NVDA 3.78%) and Super Micro Computer (SMCI 1.33%). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of Aug. 6, 2024. The video was published on Aug. 6, 2024. ...