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WKN DE: A3CWWB / ISIN: AT0000A2SGH0
24.10.2024 11:00:00
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Where Will Super Micro Computer Stock Be in 3 Years?
Alongside Nvidia, few companies benefited as much from the AI hardware boom as Supermicro Computer (NASDAQ: SMCI), a company that also specializes in data center equipment. But unlike Nvidia, Supermicro's boom came to an abrupt end -- sending the shares down by a whopping 61% from their all-time high of $119 reached in March.Is the recent decline the beginning of the end for Supermicro, or is it a long-term buying opportunity? Let's dig deeper to see what the next three years could have in store for this beaten-down stock.Supermicro's stock began to collapse in April, the same month it reported fiscal third-quarter earnings. While the company's revenue jumped 200% year over year to $3.85 billion, investors were alarmed by its gross margins, which narrowed to 15.4% from 17.6% in the prior-year period.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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:be AG Inhaber-Akt | 0,20 | 0,00% |
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Super Micro Computer Inc | 30,13 | -6,66% |
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