SMCI Drops After NDX Removal: Can It Recover?

SMCI drops 8% after its removal from NDX. ------------------ Can it recover or head down under $30? What's your target price for SMCI?

avatarJRM1021
2024-12-18
$SUPER MICRO COMPUTER INC(SMCI)$  Dell was previously delisted from the Stock Market back in 2013. Not concerned with SMCI removed from NASDAQ, it doesn't mean gameover. Based off the previous month's short interest VS the current month's, we can conclude that the stock does have a more bearish sentiment in the market. With that in mind, the short ratio is only 0.81% So I'm picking up more stocks and waiting for the next earnings date, which should be somwhere around 27th Jan 2025. I've performed a DCF (Discounted Cash Flow) Analysis, based on my analysis the intrinsic value of the stock is $55.40 per share. With prices currently around the 30-35 range and me being a long investor of the stock, I personally will be b
avatarMickey082024
2024-11-06

SMCI In The Blink Disappear From Nasdaq

$SUPER MICRO COMPUTER INC(SMCI)$ SMCI Earnings Miss Super Micro Computer (SMCI) recently reported its fiscal fourth-quarter earnings, and unfortunately, it missed analysts' expectations. Here are some key details: Earnings Per Share (EPS): SMCI reported non-GAAP EPS of $6.25, which missed the Zacks Consensus Estimate by 22.2%. Revenue: The company's revenue surged 143% year-over-year to $5.31 billion, slightly surpassing analysts' expectations. Stock Performance: Following the earnings report, SMCI's stock fell over 10% in after-hours trading. The stock is currently trading at $26.34, significantly below its 200-day simple moving average of $71.97. For company that already heavy pressure with fake accounting and now the earnings miss, SMCI is in d
SMCI In The Blink Disappear From Nasdaq
avatarMickey082024
2024-12-04
$SUPER MICRO COMPUTER INC(SMCI)$ has seen a significant surge, with its stock rising by over 30% recently due to strong demand for AI servers. The company's solid financial performance, especially the rise in sales from AI-related hardware, is driving investor optimism. However, there are some regulatory concerns, including an investigation into its business practices, which could impact the stock's stability. Despite these concerns, analysts remain largely positive, with some projecting a price target of up to $66 over the next year. Whether SMCI can return to the $50 mark this week depends on various factors, including market sentiment, AI-related growth, and any updates on the regulatory issues. Given the current
avatarHMH
2024-10-31

SMCI - Trading Ideas for Speculators and Current Shareholders

$SUPER MICRO COMPUTER INC(SMCI)$ shares dropped over 33% on October 30, 2024, closing at $33.07 following the resignation of Ernst & Young LLP as the company’s auditor. This development follows previous warnings from short-sellers that raised concerns about SMCI’s financial transparency and governance practices. The auditor's resignation has compounded market anxieties, with heavy trading volume indicating a sell-off driven by uncertainty over potential financial risks and the market's declining confidence in SMCI’s internal controls. Financial and Market Position SMCI’s fundamentals, particularly a trailing PE ratio of 16 and forward PE ratio of 8, suggest it is trading at a significant discount relative to recent growth expectations. The com
SMCI - Trading Ideas for Speculators and Current Shareholders
avatarky0123
2024-11-26
$SUPER MICRO COMPUTER INC(SMCI)$   $Yieldmax Smci Option Income Strategy Etf(SMCY)$  Supermicro, a leader in server technology, is showing promising signs of recovery and are looking brighter , much to the benefit of its investors. Recently, the company hired BDO, the fifth-largest public accounting firm, to serve as an independent auditor. This partnership bolsters Supermicro’s credibility and significantly improves the company’s ability to file its annual 10-K report promptly. Such an action would also reduce the likelihood of Supermicro being delisted from the Nasdaq, a concern that has been looming over the company. Supermicro’s ability to resolve accounting is
avatarMrzorro
2024-11-30
Options Market Statistics: SMCI Shares Tumble Nearly 7% on Black Friday; Options Pop $SUPER MICRO COMPUTER INC(SMCI)$   experienced a significant drop of nearly 7% on Black Friday, marking another volatile trading session for the server manufacturer. The most actively traded put options were those with a $30 strike price, set to expire on November 29. The total trading volume for these contracts reached 31,360, while the open interest stood at 36,231. As it strives to avoid delisting from the Nasdaq due to delayed financial filings, its stock has become a favored target for day traders. The company's shares have exhibited extreme fluctuations, joining an exclusive group of stocks that have alternated betwee
avatarBarcode
2024-12-04
$SUPER MICRO COMPUTER INC(SMCI)$   I traded this before the split and knew the range between 777 and 888 but now I can't even keep up with it's range. The old toot Cramer calls it Bipolar. Hit resistance. Look for a flag.   It needs to hold $40.69.  
avatarSpiders
2024-11-20

SMCI Stock Rally: A Cautious Perspective on Temporary Gains

The SMCI stock price saw an uptick on Monday and Tuesday, attributed to the announcement of a compliance plan and the appointment of a new auditor. While this news may have temporarily boosted investor sentiment, I personally don't see it as a compelling reason to buy the stock just yet. Here's why: Impact on Fundamentals: These developments, while positive in terms of governance and regulatory compliance, do not directly address the company's core financial performance or operational challenges. For me, any investment decision must be grounded in substantial improvements in earnings, revenue growth, or market positioning, none of which appear to have changed based on this news. Market Overreaction: Stock markets often react strongly to news that has limited long-term impact. In this case,
SMCI Stock Rally: A Cautious Perspective on Temporary Gains
SMCI announced that Nasdaq has accepted its compliance plan and extended its filing deadline to 25 February 2025. SMCI added that it should be able to comply with the extended deadline.  SMCI's share rose more than 9% in the morning. I would suggest to take profit on any gains today. The extension given was anticipated and should have been priced into the share price.  Any incremental gain in SMCI's share price should come from  1. Confirmation of non-reinstatement of financial reports (minor gain in share price). 2. Audited reports by BDO do not vary much from unaudited reports (minor gain in share prrice). 3. Future projection of revenue and gross margins (major gain/loss in share price). Ceteris paribus, for SMCI to regain its pre-PWC resignation share
avatarZefactoTrader
2024-11-01
$SUPER MICRO COMPUTER INC(SMCI)$   Investing in Super Micro Computer, Inc. (SMCI) has become increasingly risky following the recent resignation of its auditor, Ernst & Young (EY). This situation raises several concerns for potential and current investors. ### Key Concerns 1. **Auditor Resignation**: EY resigned after expressing significant concerns about Super Micro's internal controls and governance. They stated they could no longer rely on management's representations and were unwilling to be associated with the company's financial statements [[2]](https://www.cnbc.com/2024/10/30/super-micro-auditor-resigns-after-raising-concerns-months-earlier.html). This is a serious red flag for investors, as it suggests potential issues with t
avatarBullaroo
2024-10-30

SMCI’s Plunge – Why It’s Not Worth Bottom-Fishing

In light of recent events, SMCI’s ( $SUPER MICRO COMPUTER INC(SMCI)$ ) challenges run far deeper than the current price dip, and, in my view, reflect a pattern of unreliable management practices that should signal caution for any investor. The resignation of Ernst & Young as SMCI’s auditor is a red flag. Auditor resignations—especially in a financially complex, highly regulated sector like technology—are rarely a trivial issue. This news, coupled with prior reports from short-sellers on SMCI’s financial vulnerabilities, points to serious operational and regulatory deficiencies that, unfortunately, have been downplayed by the company’s management. Management Disarray and Regulatory Disregard: SMCI has shown a pattern of financial and operationa
SMCI’s Plunge – Why It’s Not Worth Bottom-Fishing
avatarTerra Incognita
2024-12-03
I opened $SMCI 20250103 65.0 CALL$  ,SMCI: collect 1.15% premium from these covered call with strike at $65 which is 55% higher than current market rate.  Contract will expire in 32 days on 3rd Jan. SMCI soared 28% on Mon 2nd Dec on news that the special independent committee finds no evidence of fraud. For this I remained doubtful. Anyway, capitalise on the surge to sell fresh covered calls on the remained uncommitted stocks holding at various interval to capture the higher premium. 
avatarGuavaxf30
2024-12-04
$SUPER MICRO COMPUTER INC(SMCI)$  has been extremely volatile. The announcement of no-wrong doing by their internal investigators may not mean much as these were conducted by an employed director. But if the newly appointed External Auditors come up with the same assurance, SMCI will possibly rocket ip again. I see a very similar pattern to MSCR. Any good news will trigger a seismic movement. But you have to have a strong heart to play these kind of stocks. Very high risk, super high rewards.
avatarPinkspider
2024-12-02
SUPER MICRO $SMCI ANNOUNCES COMPLETION OF REVIEW BY INDEPENDENT SPECIAL COMMITTEE “Among its findings, the independent Special Committee determined that the resignation of the Company’s former registered public accounting firm, Ernst & Young LLP (“EY”) and the conclusions EY stated in its resignation letter were not supported by the facts examined in the Review, the Special Committee’s interim findings reported to EY on October 2, 2024, or the Special Committee’s final findings.”
avatarAthena Spenser
2024-12-02
$SUPER MICRO COMPUTER INC(SMCI)$ Technically, it has turned around vigorously from the $17 on the daily timeframe with our first target of $43 fast approaching. However, the weekly and monthly timeframes must also turn around, given how quickly the stock has taken off, it will be interesting to observe these patterns take shape and what targets they will lend in the future if and when this happens. For the moment, we expect SMCI to look for $68 within 60 to 90 days.
avatarbluekiwiseed
2024-11-08
$SUPER MICRO COMPUTER INC(SMCI)$  FAITH SMCI's problems are actually not serious but is politicised. Perceptions, not the reality of the flawed inner workings of SMCI, shape the decline of its stock price and potential delisting. The notions of family pateonage that SMCI is alleged to do are things that are the norm, not the exception, of MNCs and many IPO companies. The cause of its decline is not due to its fundamentals, which are strong, but the market sentiment regarding the reputation and credibility of the E&Y Big Four auditor. In fact, the auditor did not even reveal any evidence of accounting fraud, but his reputation and decision to leave the firm for whatever reasons was critical in galvanising market sentiment against SMCI
avatarTiger V
2024-10-09

SMCI Surges with Record-Breaking Growth in AI Solutions

Overview of Overall Markets The global technology and AI sector are seeing unprecedented growth, with companies like Super Micro Computer, Inc. $SUPER MICRO COMPUTER INC(SMCI)$   leading the charge. SMCI’s record-breaking revenue, driven by its AI SuperClusters, highlights the increasing demand for high-performance computing solutions. With a 143% year-on-year revenue increase in Q4 2024, surpassing $5.3 billion, SMCI's rapid rise has caught the attention of investors looking to capitalize on the booming AI sector. The broader market is being influenced by advances in artificial intelligence, and hyperscalers are increasingly seeking innovative server and storage solutions. AI and Server Solutions Lead
SMCI Surges with Record-Breaking Growth in AI Solutions
avatarMadluvyz
2024-12-03
$SUPER MICRO COMPUTER INC(SMCI)$    Been pocketing weekly premiums on this stock since start of the month. The bulls seem to prove their worth during this run up. So I am on the ride till it breaks. 🐮 @madluvyz - Specialist in using TA to sell options and swing trade.
avatarBG68
2024-12-17
$SUPER MICRO COMPUTER INC(SMCI)$  definitely going up up up
avatarSandyboy
2024-12-03
$SUPER MICRO COMPUTER INC(SMCI)$  From a low near 17, the stock has jumped to 43+ and also 30% in a day. While the concerns are seemingly behind, we still have to wait for the filings to know the condition of the company. But going by reports the revenue and profit should be meeting expectations. I would say there is more upside and 50 will be reached I due course 
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