Although it recently received a major blow in the form of a catastrophic sell-off, many investors and traders wonder if this might be the perfect opportunity to stock up on some cheap Super Micro Computer Inc. (NASDAQ: SMCI) shares or 'buy the dip.' Indeed, SMCI stock has continued to dip as investors reacted to a scathing report by short seller Hindenburg Research and the technology company's announcement that it would have to delay the filing of its 10-K annual report, raising concerns regarding its long- ...

NEW YORK, Sept. 01, 2024 (GLOBE NEWSWIRE) -- NEW YORK, September 1, 2024 (GLOBE NEWSWIRE) – Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Super Micro Computer, Inc. (NASDAQ: SMCI) and certain of the Company's senior executives for potential violations of the federal securities laws. If you invested in Super Micro Computer, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/super-micro-computer-i ...

Core Viewpoint - Super Micro Computer (Supermicro) is set to initiate a 10-for-1 stock split on September 30, 2023, following a significant increase in stock value, raising questions about whether it is a good investment opportunity before the split [1][2]. Financial Performance - In the fiscal 2024 fourth quarter, Supermicro reported record revenue of $5.31 billion, a 143% increase year over year and a 38% increase quarter over quarter [7]. - Adjusted earnings per share (EPS) rose 78% to $6.25, although profit margins were impacted due to a shortage of specific server components, resulting in $800 million in sales being deferred to the next quarter [7][8]. Market Position and Growth Potential - Supermicro is experiencing growth in the AI server market, with projections indicating an increase in market share from 10% in 2023 to 17% by 2026, with some analysts forecasting as high as 23% for this year [9]. - Over the past five years, Supermicro's revenue has surged by 564%, and net income has increased by 1,240%, leading to a stock price increase of 2,750%, significantly outperforming the S&P 500's 89% gain during the same period [15]. Stock Split and Historical Context - This will be the first stock split in Supermicro's 17 years as a public company, and historical data suggests that companies that split their shares tend to deliver total returns of 25% in the year following the split, compared to 12% for the S&P 500 [4][3]. Recent Challenges - Supermicro faced scrutiny from a short report by Hindenburg Research, alleging accounting irregularities and other issues, but analysts from JPMorgan have noted that the report lacks substantial evidence and maintain a buy rating with a $950 price target [10][11]. Industry Outlook - The generative AI market is projected to contribute between $2.6 trillion and $4.4 trillion to the global economy over the next decade, indicating strong potential for continued growth in the sector [14].

This AI growth stock is running out of steam. Super Micro Computer (SMCI -2.48%), more commonly known as Supermicro, was one of the hottest artificial intelligence (AI) stocks this year. Its shares closed at a record high of $1,188.07 on March 13, representing a 2,760% gain over the previous two years, as its sales of dedicated AI servers skyrocketed. But as of this writing, Supermicro's stock trades at $424. Four issues caused that slide: concerns about its declining gross margins, troubling allegations fr ...

SAN FRANCISCO, Aug. 31, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Super Micro Computer, Inc. (NASDAQ: SMCI) investors who suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge who may assist the investigation to contact its attorneys. 1st Class Period: Aug. 10, 2021 – Aug. 26, 2024 2nd Class Period: Aug. 31, 2023 – Aug. 28, 2024 Lead Plaintiff Deadline for Both Actions : Oct. 29, 2024 Visit: www.hbsslaw.com/investor-fraud/smci Contact the Firm Now: SMCI@hb ...

Super Micro Computer (NASDAQ: SMCI) shares continue to record losses as investors react to the aftermath of the delay in filing its 10-K annual report. The delay in SMCI's 10-K filing has raised serious red flags among investors and analysts, leading to speculation regarding the technology firm's long-term prospects. Such delays are often viewed with suspicion in financial markets, as they can indicate underlying problems in a company's financial reporting or internal controls. For SMCI, this development ha ...

The AI stock suffered a brutal week of trading, and investors have some big questions about the business. Super Micro Computer (SMCI -2.48%) stock got hit hard over the last week of trading. The company's share price ended the period down 28.6% from last Friday's market close, according to data from S&P Global Market Intelligence. On Tuesday, Hindenburg Research published bearish coverage and alleged that Supermicro was a serial offender when it came to bad accounting practices. The short-seller also raised ...

A delayed 10-K filing adds to the drama surrounding this tech stock. Super Micro Computer (SMCI -2.48%) stock came under attack from short-sellers this week, with the computer server specialist being accused of several financial improprieties. The question for investors is: Should they be worried about the allegations and sell the stock, or is any dip in the share price a buying opportunity? The short report Short-selling is the process of an investor borrowing a stock from a current shareholder and then im ...

NEW YORK, Aug. 30, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of securities of Super Micro Computer, Inc. (NASDAQ: SMCI) between August 31, 2023 and August 28, 2024, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 28, 2024 in the securities class action first filed by the Fir ...

SAN DIEGO, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Today, DiCello Levitt LLP ("DiCello Levitt") filed a class action lawsuit in the U.S. District Court for the Northern District of California alleging violations of the federal securities laws by Super Micro Computer, Inc. (NASDAQ: SMCI) ("Super Micro" or the "Company") and certain of the Company's senior executives (collectively, "Defendants"). The action is brought on behalf of all persons or entities that purchased or otherwise acquired Super Micro common stock ...