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With expectations for revenue growth from $7.1 billion in fiscal 2023 all the way to possibly $40 billion, they have set a stock price target of $1,150. The stock price closed at $1,023.29 on ...
August 7, 2024 at 12:14 PM. Super Micro Computer (NASDAQ: SMCI) was having a rough day today after the artificial intelligence (AI) server maker reported another strong quarter of sales growth ...
The fine print. Supermicro announced in a regulatory filing that its board of directors had approved a 10-for-1 forward stock split. This will be "effected through an amendment to the company's ...
One such company that has experienced its share of hype is Super Micro Computer (NASDAQ: SMCI). Shares of the AI darling are up 234% over the last year, and 218% just in 2024. While Supermicro has ...
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It's also important to consider that the AI market is forecast to grow to more than $1 trillion by the end of the decade, up from about $200 billion today. This implies we're still in the early ...
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Supermicro stock is currently trading at 4.3 times sales. That's lower than the U.S. technology sector's average of 7.8, suggesting the stock is undervalued. A big reason Supermicro's price-to ...