Super Micro Computer (NASDAQ: SMCI ) is still dropping, and is five times cheaper than its March 2024 peak. The company is still generating exponential revenue growth and increasing EPS. However, the stock price suggests that concerns about SMCI's accounting inaccuracy overshadowComing from an IT background, I have dived into the U.S. stock market seven years ago by managing portfolio of my family. Starting managing real money has been challenging for the first time, but long hours of mastering fundamental ...

Super Micro Computer (NASDAQ: SMCI ) (NEOE: SMCI:CA ), a leading liquid-cooled server technology company, has seen its shares fall in recent weeks as uncertainty has arisen over the company's ability to remain listed on the Nasdaq due to, amongWright's Research employs a disciplined, long-term approach rooted in contrarian thinking and unorthodox strategies. Our insights are grounded in fundamental analysis and the principles of value investing, allowing us to uncover overlooked opportunities and challenge ...

The AI server maker faces a series of existential challenges.Super Micro Computer (SMCI -5.26%), also known as Supermicro, was one of the market's hottest AI stocks. The shares of the maker of high-end servers set a record high of $118.81 on March 13, representing a 5,080% gain over the previous four years.At the time, Supermicro seemed to have a bright future. Its revenue jumped 46% in 2022 and 37% in 2023, and analysts were anticipating 110% growth in 2024. That breakneck pace was driven by its soaring sh ...

There could be even more pain ahead for Supermicro shareholders.Management at Super Micro Computer (SMCI -12.01%) gave investors a much-anticipated business update last week that did not appease investor concerns. And the company faces yet another major hurdle this week.Concerns about an upcoming deadline as well as fears of lost business opportunities have the stock sliding today. As of 10:40 a.m. ET, Supermicro shares were starting off the week down by 11.1%. That brings the monthly drop in the stock to a ...

UKRAINE - 2023/10/12: In this photo illustration, Supermicro (Super Micro Computer Inc.) logo is ... [+] seen on a smartphone screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesSuper Micro Computer stock (NASDAQ: SMCI) has declined by about 49% over the past month and remains down by over 80% from highs seen earlier this year. Now the data center solutions company, which sells server systems, server management software, and installat ...

Following the last several months of challenges, management must act fast to win back investors.What is going on at Super Micro Computer (SMCI -3.77%)?Shares of the once high-flying artificial intelligence (AI) server company have collapsed after a growing scandal has enveloped the business.This timeline shows how the story has unfolded:Aug. 27: In a short-seller report, Hindenburg Research accuses the company of accounting manipulation, self-dealing, sanctions evasion, and channel stuffing. The stock plung ...

The bad news continues to pile up for Supermicro.Shares of Super Micro Computer (SMCI -3.77%) were once again tumbling after the company provided investors with an update on its fiscal first-quarter results, as well as its current audit and filing process. Supermicro was a huge winner early in the year, with its stock quadrupling within the first three months of 2024. However, its shares are now solidly in negative territory year to date after this latest dip.Let's take a closer look at Supermicro's latest ...

I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.Analyst’s Disclosure: I/we have a beneficial long position in the shares of NVDA either through stock ownership, options, or other derivatives. I wrote this article myse ...

Demand for Supermicro's products has taken off with the artificial intelligence boom.Super Micro Computer (SMCI -3.77%) started the year off as a star of the artificial intelligence (AI) market. The equipment maker has been around for more than 30 years, selling servers and rack scale solutions, but it truly saw earnings take off with the AI boom. In recent quarters, Supermicro has reported triple-digit increases in revenue and soaring demand for its products. The company works hand-in-hand with Nvidia and ...

Interested investors should be keeping an eye on the stock.With shares down by 78% from an all-time high reached in March, Super Micro Computer (SMCI -3.77%) might be one of the first dominoes to fall as the artificial intelligence (AI) hype cycle reaches a possible conclusion. But so far, this crash has little to do with company fundamentals and seems more related to allegedly shady accounting practices and possible wrongdoing.Let's explore three factors to watch before considering a position in this embat ...