Micro’s supercom computer epic was one of the most expected and interesting stories in the stock market in 2024. While Super Micro Stock (Nasdaq: SMCI) was a greater winner in the first half of the year, things took a severe turn for worse in half The last of the year.
After the short -long Hindenburg Research collection now He issued a severe report With the support of the extensive accounting practice in the semiconductor company on August 27, the SMCI shares began to install. Additional developments, especially delay in submitting major reports and the resignation of the company’s editor, Ernst & Young (EY), puts more pressure on SMCI shares.
At one time, it seemed as if the work would be deleted from the Nasdak Stock Exchange. In November, the price of superior small stocks fell to the lowest point – only $ 18.01.
Since then, the Super Micro shares price has risen to $ 50.93. The gains of the year (YTD) acquire 66.65 %, and the lion’s share of those revenues -56.56 %, precisely, occurred in the last 30 days.
Super Micro was not submitting the documents necessary to avoid deletion. The company’s latest results were relatively disappointing. Let’s take a closer look at the cause of the rise of SMCI shares, despite all these factors.
Super Micro marches for shares on long -term expectations and commitment to compliance
After the market was closed on February 11, Super Micro contract Q2 2025 profit call. In anticipation of the report, the SMCI share price decreased from $ 42.65 a day 38.61 dollars. As 9.47 % decreased, the result – it misses double, with both revenues and profits per share (EPS) below, did not cause additional losses.
On the contrary – given the price procedure between the separation report and the posting time, we can see an increase of 31.90 % in the price. So, what happened?
The markets seem to focus on the company’s long-term revenue instructions-which expected revenue of $ 40 billion in the fiscal year 2026 due to the prosperity of artificial intelligence (AI). To take off, the administration indicated this estimate as “conservative” in the call – and the markets seem to be consistent with feelings.
Second, the profit call also included a long -awaited update regarding compliance problems for Super Micro Computer. While the company It can request an 180 -day extension From Nasdak, I stated that she would provide the necessary documents by the original deadline on February 25 – in a move without a long way to remove some luggage from the Hindenburg’s August report.
In addition, technician analysts recently noticed that Super Micro has separated from the style of the bullish science – if it is legitimate, it may indicate a step coming to levels closer to the $ 65 sign.
Distinctive image via Shutterstock
