SMCI Stock Recent News
SMCI LATEST HEADLINES
Market Reaction: Super Micro Computer, Inc. stock initially spiked on February 25 but dropped as institutional investors reacted negatively to the 10-K filing. Valuation Analysis: Based on projected 2026 earnings, the SMCI fair value was estimated at $92.5 per share in my opinion, but growth concerns could impact this valuation. Regulatory Risks: New U.S. export controls may limit Super Micro's ability to sell advanced computing products, creating a competitive disadvantage.
With slowing growth concerns, material weaknesses in financial controls and expensive valuation, it is prudent for investors to sell SMCI stock for now.
The AI server maker is struggling to maintain momentum after persistent reports about its accounting practices.
Super Micro Computer (SMCI 12.23%) has been through a difficult few months that started with questions about its financial reporting and peaked with a potential Nasdaq delisting. This resulted in the stock plummeting more than 67% from September through mid-November.
SAN JOSE, Calif.--(BUSINESS WIRE)--Super Micro Computer, Inc. (Nasdaq:SMCI) (“SMCI” or the “Company”), a Total IT Solution Provider for AI, Cloud, Storage and 5G/Edge, today announced that on February 25, 2025 it received a notification letter from Nasdaq indicating that it now complies with Nasdaq Listing Rule 5250(c)(1) which requires timely filing of reports with the U.S. Securities and Exchange Commission and the matter is now closed. Prior to its filing on February 25, 2025, the Company ha.
Super Micro Computer, Inc. has finally filed its long overdue FY24 10K and F1H25 10Qs at the 11th hour on February 25 to dodge Nasdaq delisting risks and ensuing liquidity implications. This is welcomed news, as evidenced in the stock's post-filing upsurge, as it lifts a key risk overhang that's been limiting visibility of SMCI's fundamental outlook and valuation prospects. Yet the adverse opinion extended by BDO on SMCI's ICFR audit suggests the underlying accounting woes that started its monthslong debacle is far from over.
Super Micro: Inflection May Be On The Cards (Rating Upgrade)
As investors have followed the development of artificial intelligence and the companies making this technology possible, Super Micro Computer Inc. NASDAQ: SMCI emerged as one of the hottest trending stocks of early 2025. The company has faced significant challenges in recent months, including a broad decline in share price throughout most of 2024, allegations of accounting fraud, and the threat of being delisted due to financial reporting issues.
Shares of Super Micro Computer (SMCI 19.58%) are soaring on Wednesday. The company's stock gained 19.2% by 10:45 a.m.
Super Micro Computer Inc (NASDAQ:SMCI) shares surged 21% to $55 after the server maker filed much delayed annual and September-quarter accounts. The annual report for the fiscal year to June 2024 as well as quarterly earnings for the past two quarters were filed last night.