Citi Is the Latest Bank to Sour On Super Micro Computer Stock

Valuation Reset: SMCI trades at a forward P/E of approximately 8x, well below historical norms for a high-growth AI infrastructure provider. That compressed multiple reflects how significantly the market has repriced the stock amid governance concerns.Revenue Scale: Q2 FY2026 revenue reached $12.68 billion, growing 123.36% year over year, with full-year FY2026 guidance of at least $40 billion. That trajectory, if sustained, supports a materially higher valuation floor over time.AI Infrastructure Demand: SMC ...