Reported 25 days ago
Super Micro Computer, Inc. (SMCI) is set to report its first-quarter fiscal 2025 results on November 5. The company expects revenue between $6 billion and $7 billion, with consensus estimates indicating significant year-over-year growth. While SMCI's strong history of meeting earnings expectations is noted, its current earnings outlook suggests caution, as the Earnings ESP is slightly negative. However, the company is well-positioned in the burgeoning AI market, particularly in AI server solutions, and has recently expanded its manufacturing capabilities. Given strong fundamentals and a low valuation, analysts recommend buying SMCI stock now.
Source: YAHOO