Reported 3 days ago
Super Micro Computer (SMCI) saw its stock fall by 1.41% to $30.05, significantly underperforming compared to the broader market losses. Over the past month, SMCI's stock has declined by 27.1%, in stark contrast to the Computer and Technology sector's 1.86% gain. Upcoming earnings predictions suggest substantial growth, with an estimated EPS of $0.75 and revenue of $5.8 billion, leading analysts to closely monitor any changes in estimates which could affect future stock performance. Currently, SMCI holds a Zacks Rank of #5, indicating a strong sell, reflecting investor caution amid its recent struggles.
Source: YAHOO