Core Viewpoint - Super Micro Computer (SMCI) is currently facing scrutiny due to investigations into its financial statements, leading to preliminary results for Q1 fiscal 2025 being announced without full guidance from management [1][2]. Group 1: Financial Reporting and Investigations - SMCI received an exception from Nasdaq, allowing until February 25, 2025, to file its Annual Report on Form 10-K for the fiscal year ended June 30, 2024, and its Quarterly Report on Form 10-Q for the period ended September 30, 2024 [2]. - Analysts have lowered their EPS estimates for SMCI for the current and next fiscal years due to the lack of guidance and preliminary results [2]. Group 2: Stock Performance and Analyst Projections - Despite the pressure on shares in the second half of the year due to investigations, analysts maintain projections for over 60% topline growth, estimating revenue to reach $24 billion [3]. - The consensus EPS for fiscal 2025 has decreased by 7.3%, from $3.41 to $3.16, while the fiscal 2026 EPS consensus dropped by 6.3% to $3.84 [3]. Group 3: Growth Potential - The company still shows significant annual growth rates of 43% and 21.5% for the upcoming fiscal years, indicating that the growth narrative remains intact despite the stock's decline to under 1X sales and 10X earnings [4][5].

Super Micro Computer (NASDAQ: SMCI ) (NEOE: SMCI:CA ) is looking back on a painful year in 2024 which saw the share price first rise meteorically, but dropping like a rock after the company ran into filing issues with the Securities andI look for high-risk, high-reward situations, mainly in the technology markets. I am an early buyer of Bitcoin and my portfolio mainly focused on companies with asymmetric long-term upside. My top holdings include: Bitcoin, Tesla, Google, Amazon and Nvidia.Analyst’s Disclosur ...

With shares down an eye-watering 71% from an all-time high of $119 reached in March, Super Micro Computer (SMCI -5.22%) trades at a substantial discount from its peak. Shares are reeling after allegations related to the company's accounting practices and other challenges. Yet despite the bad press, Supermicro's business continues to boom amid soaring artificial intelligence (AI)-related demand. Will this be enough to save the stock? Let's dig deeper to see how the company might perform in 2025 and beyond. 2 ...

Group 1: Market Outlook - Investors are looking to capitalize on potential growth in stocks like Nvidia, Tesla, Super Micro Computer, and various Chinese stocks as 2024 approaches [1] - Despite a generally bullish outlook, concerns about a potential bubble or inflation persist, creating uncertainty for 2025 [1] Group 2: Company-Specific Insights - Moderna (NASDAQ: MRNA) has seen a significant decline of over 60% in 2024, but analysts remain optimistic about its recovery potential, forecasting a 54.73% upside in the next 12 months [22][23] - Royalty Pharma (NASDAQ: RPRX) is expected to experience a 74.40% rally in the next year, with an average price target of $44.00 [24][31] - Novo Nordisk (NYSE: NVO) has a moderate buy rating, with analysts predicting a 69.17% increase in stock price, despite a 14% decline year-to-date [12][20] - Advanced Micro Devices (NASDAQ: AMD) is projected to have a 44.26% upside potential, with an average price target of $182.18 [27][33] - Cellectar Biosciences Inc (NASDAQ: CLRB) stands out with a forecasted 2661.34% rally, indicating a 'moderate buy' consensus rating [9][21]

Core Viewpoint - Super Micro Computer's stock experienced a significant decline of 13.3% over the last week, influenced by Federal Reserve interest rate news and ongoing investigations related to Nvidia's GPUs [1][2][4]. Group 1: Federal Reserve Interest Rate Impact - The Federal Reserve cut the benchmark interest rate by 25 basis points to 4.25%, down from a high of 5.25% established in July 2023 [3]. - The Fed's revised outlook now anticipates only two rate cuts in 2025, down from the previously expected four, leading to increased sell-offs in growth-dependent stocks like Supermicro [4]. - Supermicro's share price fell as much as 16.3% during the week following the Fed's announcement, although it saw some recovery [4]. Group 2: Nvidia and Export Investigations - The U.S. Department of Commerce is investigating how Nvidia's advanced GPUs for AI applications ended up in China, amid rising tensions and export bans [5]. - Nvidia has requested major server companies, including Super Micro Computer, to investigate potential pass-through sales from Southeast Asia, which could pose risks for Supermicro [6]. - There are rumors that China may have accessed Nvidia's processors through Supermicro's servers, and the U.S. Department of Justice has opened a probe into Supermicro, potentially related to accounting irregularities or export ban breaches [10]. Group 3: Financial Reporting and Market Reactions - Supermicro plans to file its delayed 10-K report by February 25, with market reactions hinging on whether the report requires substantial restatements of previously filed financial results [7]. - A clean report could lead to a significant increase in share price, while substantial downward revisions could result in a sharp decline [7].

Super Micro Computer (SMCI -4.64%) has been one of the hottest stocks to own during the past month. Since plummeting to $18 a month ago, the stock has rallied in a big way -- almost doubling in value, closing at over $33 on Dec.17. Investor sentiment has done a complete reversal as concerns have seemingly evaporated about the company's auditor resigning (it has since found a new one), as well as around the state of its financials after it delayed filing it's annual report. As a result, the bulls are back.Sh ...

The last several months have been rough for investors in Super Micro Computer, but better days could be on the horizon.The developments surrounding Super Micro Computer (SMCI -4.64%) have become some of the most fascinating chapters in the broader artificial intelligence (AI) story.At its peak, shares of Supermicro were up over 300% earlier this year. However, beginning in August, shares entered a prolonged sell-off of epic proportions.Over the last few months, it's been a series of falling dominoes for Sup ...

Stock Price Movement - The share price of Super Micro Computer (SMCI) plunged 15 02% in pre-market trading on December 16, dropping to $30 98 from $36 45 at the previous close [1] - Despite the recent drop, SMCI remains up 27% year-to-date in 2024 [1] Nasdaq-100 Index Removal - SMCI is being removed from the Nasdaq-100 Index, effective December 23, 2024, as part of the annual index reconstitution [2] - The removal could reduce the company's visibility, institutional interest, and stock momentum, potentially making it less appealing to new investors [2] - This move may also lead to lower liquidity and increased volatility, as stocks in major indices typically enjoy higher trading volumes [2] Financial and Governance Challenges - SMCI faced a challenging 2024 due to accounting concerns and questions about the firm's financial health [2] - The company delayed filing its financials, initially facing the threat of being delisted from the Nasdaq exchange [3] - Ernst & Young raised concerns about Supermicro's governance and financial reporting controls in July, prompting the board to form a special committee [3] Recovery Efforts - SMCI is exploring ways to strengthen its finances by raising new capital, potentially through selling more shares and bonds, with the assistance of investment bank Evercore [3] - The company has yet to publish the required accounts but has until late February 2025 to do so or risk being kicked out of Nasdaq [3] - SMCI is shaking up its internal leadership, appointing Kenneth Cheung as the new Chief Accounting Officer and planning to fill roles such as General Counsel, Chief Compliance Officer, and CFO [3] Uncertainty Remains - Despite positive developments, a high degree of uncertainty remains as these measures have yet to bear fruit [4]

Is Supermicro stock set to plummet 37% below its current price? One high-profile investment firm thinks so.Super Micro Computer (SMCI -3.90%) stock lost ground over the last week of trading. The server company's share price ended the period down 17% from last week's market close, according to data from S&P Global Market Intelligence.Supermicro stock fell this week following bearish coverage from analysts at JPMorgan. Despite assurances that the stock is on track to avoid being delisted, investors also conti ...

Core Insights - The stock of Super Micro Computer (SMCI) experienced significant volatility in 2024, initially rising due to the AI rally before facing a sharp decline following allegations of accounting malpractice [1][2][3]. Group 1: Stock Performance - SMCI shares rose from $28.55 at the beginning of the year to a high of $118.81 in mid-March, marking a 316.14% increase [1][2]. - By August 26, the stock price had fallen to $54.76, and after the release of a report by Hindenburg Research, it dropped further to a range of $38.65 to $49.12 [2][3]. - Following the resignation of the company's auditor, Ernst & Young, the stock plummeted to $18.01 [3]. - As of the latest update, SMCI shares recovered to $40.54, but experienced an 8.20% crash on December 10, with premarket trading showing prices as low as $38.99, totaling an 11.70% decrease [4][6]. Group 2: Regulatory and Management Changes - The NASDAQ granted Super Micro an extension until February 25, 2025, to file its delayed reports, which was anticipated after the company proposed a compliance plan [6]. - The appointment of Kenneth Cheung as the new chief accounting officer and plans to fill other key positions were viewed positively by the market [7]. Group 3: Market Dynamics - The potential reconstitution of the NASDAQ-100 index on December 13 may have contributed to the stock's decline, with speculation that SMCI could be replaced by companies like Palantir or MicroStrategy [8]. - Investors who purchased shares during the dip may be taking profits, as the stock has increased by 125.09% from its lowest point in mid-November [8].