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SUPER MICRO COMPUTER INCSUPER MICRO COMPUTER INCSUPER MICRO COMPUTER INC

SUPER MICRO COMPUTER INC

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SMC2 trade ideas

Price Prediction for $SMCI: Potential Rebound Amid Market TrendsOverview: Super Micro Computer, Inc. ( NASDAQ:SMCI ), a leading player in the high-performance computing sector, has faced some volatility in recent months. However, a combination of key factors—ranging from the rise of AI, an ongoing cryptocurrency boom, and broader market trends—suggest that NASDAQ:SMCI is well-positioned to rebound and potentially reach new highs. 1. AI Growth and Its Impact on High-Performance Computing: The AI revolution, particularly the rise of generative AI and machine learning, is significantly driving demand for powerful computing infrastructure. NASDAQ:SMCI specializes in high-performance servers, data centers, and enterprise solutions that cater to the increasing needs of AI-heavy workloads. The growth in AI adoption by both tech giants and startups is pushing the demand for advanced computing systems that NASDAQ:SMCI provides. As AI-related applications scale, the need for more efficient and powerful hardware solutions will likely translate into increased revenue for $SMCI. 2. Cryptocurrency and Blockchain Trends: Cryptocurrency has surged to all-time highs, with Bitcoin, Ethereum, and other digital assets seeing significant increases in value. This trend often leads to higher demand for mining equipment, which NASDAQ:SMCI manufactures. Even though crypto mining isn't as profitable as it once was due to energy costs and regulatory concerns, the overall demand for blockchain infrastructure and server solutions remains robust. As the broader blockchain ecosystem matures and institutions invest further into decentralized finance (DeFi) and Web3 technologies, NASDAQ:SMCI stands to benefit from the need for more scalable, secure, and energy-efficient server solutions. 3. Market Trends and Valuation: Despite some short-term volatility, the broader tech market is showing signs of resilience. Companies in the semiconductor and data center sectors, especially those tied to next-gen computing like NASDAQ:SMCI , have benefitted from robust earnings reports and demand for cloud services, AI applications, and high-performance computing. The current market correction may present a buying opportunity, as NASDAQ:SMCI ’s core business fundamentals remain strong. 4. Supply Chain Improvements and Operational Efficiency: NASDAQ:SMCI has made strides in improving its supply chain and operational efficiency. With the global chip shortage easing and its diversification into various high-margin markets, the company is well-positioned to capitalize on growing demand in AI and blockchain sectors. This, combined with a more favorable operating environment, could lead to improved profitability and a stronger share price. Conclusion: Given the alignment of NASDAQ:SMCI ’s product offerings with key growth areas in AI and cryptocurrency, the stock has strong upside potential. The company is positioned to benefit from the rising demand for high-performance computing, both in the AI and blockchain sectors, which should drive earnings growth. As the broader tech market stabilizes and investor sentiment improves, NASDAQ:SMCI could see a substantial rebound in share price. Price Target: $75.00 + over the next 12 months, contingent on continued market growth in AI and cryptocurrency, as well as stable operational performance.
NASDAQ:SMCILong
by Premium-Flippa
17
SMCI is -85% a buy opportunity while accounting issues continue?Super Micro Computer Inc (SMCI) still haven't found a new Auditing Firm, after it was announced last week that Ernst & Young left them raising governance and management communication issues. Yesterday's Low represents almost a -85% drop from the March $122.50 All Time High (ATH). So is this level a bargain and a buy opportunity for long-term investors? Well while the company hasn't filed the necessary paperwork to meet the regulatory requirements to remain listed on the stock market and no auditor is hired to confirm and signs their reports, investor confidence will remain low (to say the least). It appears that SMCI has turned into the new short favorite for Hedge Funds and that's never ideal. Technically though, the stock hit yesterday its 1W MA200 (orange trend-line) for the first time in 4 years (since October 26 2020)! With that contact, the price initiated a strong multi-week rally that made a new High. This is a textbook buy for long-term investors. Of course it is all about risk and money management and since regulatory risks remain, the capital invested best to be less than usual. Another technical factor supporting a buy on these levels is the 1W RSI, which got oversold (<30.00) for the first time since the weeks of March 16 2020 (almost 31.50) and October 01 2018 (U.S. - China trade wars). Both these times, SMCI kick-started enormous rallies. The October 01 2018 bottom in particular is the starting date of the Fibonacci Channel Up on this chart, which encompasses SMCI's logarithmic growth these past years. As a result the company has only experienced 3 major long-term buy opportunities with the most recent 4 years ago. At the same time, yesterday's Low didn't only make contact with Fibonacci 1.0 of the Channel Up (i.e. the initial top until the price turned parabolic and broke-out) but also almost touched the 0.382 horizontal Fib level, starting all the way from October 2018. It is obvious that purely from a technical perspective such levels are as good as a buy can get. Proper risk management and an exit strategy are needed (in case of delisting) and long-term investors can be patient and take their time to target the $122.50 High again for enormous gains (could take even 1 year). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:SMCILong
by TradingShot
2
Nov 6: SMCI bottomed and will rally to ATHSMCI has bottomed here after undercutting the previous congestion zone and reversed quickly up with a capitulation candle on the daily after an exhaustion gap. The last leg was a fast and truncated Y leg (0.618 of W) in the WXY correction, and has erased all RSI divergences. The drop may seem deep but is only under 0.318 of the whole rally from 2018. Sentiment-wise, the drop has done its job to reset sentiments as everyone is hating on it. Bad news always come out at or near the bottom.
NASDAQ:SMCILong
by TraderBwater
10
SMCI Update - Closed Tesla but SMCI is a Trade I think we are now ready to start trading smci avery day, to the long side only, you do not want to die prematurely. This is for day trader and super agile traders. You are on your on, remember, no one to blame but you. Having said this. The street is aware that SMCI has super products, they are really ahead, overall a better system that takes less time to produce and configure, is is 60% cheaper to operate because the liquid cooling does save electricity, and they are up and running in half the time a Dell would be. So just like when Tesla was being crucified, remember Tesla at $100 or NVDA at close to nothing just two month ago. Well. This is very similar with SMCI. Now I do calculate the float and the movement of shares. I think there must be some 55% short the stock. This is an outrage, so crowded, that it is primed for an explosion and when it does it will exceed $124, and go to $186.66 the new value based on the new 13.7% marines Up form 8% Again do verify, trust no one and research. I love this ticker, because I bought it very cheap. Obvios. to the rest that did not do this, I think you will be ok, with a bounce higher than before.
NASDAQ:SMCILong
by imcnf5c4ff
1
SMCI Battered Stock SyndromeI've seen this stock in the news a lot about some accounting irregularities (which have apparently existed for a long time with this company). Last time these allegations surfaced was August 2020 (stock is up 1000% since then). Anyway, wisemen on the daily, momentum divergences and harmonics look bullish here, so I'll take a small pre-earnings gamble on some otm december calls. Probably due for a relief rally right now and a strong earnings report after the close today could help close the gap around $50.
NASDAQ:SMCILong
by Intuit
1
Super Micro Computer (SMCI): Strong Entry After Stock SplitSo far, we’re seeing a strong entry on NASDAQ:SMCI following the 1:10 stock split at the beginning of October. The stock has experienced a relief pump of about 20%, which is a solid move in the right direction. 🔥 Super Micro Computer announced on Monday that it’s currently shipping over 100,000 graphics processors per quarter. Additionally, the company introduced a new suite of liquid cooling products, which further fueled its shares, pushing them up 14% after weeks of slumping. If these gains hold, Super Micro is on track to add more than $3 billion to its market value. At this point, the first resistance level has been met, and we are closely monitoring how the stock reacts. If NASDAQ:SMCI can reclaim and stay above this level, it will likely move toward the next resistance area, offering more potential for upside. As always, we’re keeping a close eye on developments and will update you with any new moves.
NASDAQ:SMCILong
by freeguy_by_wmc
3
Jesus christ!This is the classic example of how a company can lose value when several factors come together. We have an analysis that mentions an issue within the board, an auditor who resigns arbitrarily, and a company that makes billions of dollars with a very good sales report, profit margin, etc. Technically speaking, the scenario is set for the company to potentially reach 60K. The company states that it found no traces of corruption within and is willing to do whatever is necessary to offer confidence to its investors. The only issue putting pressure on the stock price is the fact that they were unable to specify when they will present their 10-K form. This is why we are seeing this drop, which technical analysts are taking advantage of to create the perfect scenario for a major increase. So, yes, I think it is a must-get
NASDAQ:SMCILong
by AllAboutMoney
SMCI Never worst and less liquid. Smci live topic continues - the allegations rebuttal - Hindenburg sounds more insidious that a drunk husband, quarreling with his drunk wife of 50 years. Here is the rebuttal. The allegations have no legs and made Smci the gift of the century Super Micro Computer, Inc. (SMCI): Export Controls • Even U.S. defense companies can inadvertently have products end up in restricted countries. SMCI must comply with U.S. export control regulations, but the Hindenburg report lacks specific evidence of violations. Accounting Manipulation • Past SEC charges found SMCI understated expenses, but the current report lacks detailed evidence of new manipulation. Undisclosed Relationships with Suppliers • SMCI has relationships with related parties (e.g., CEO’s brothers’ companies), which could raise governance concerns but are not necessarily illegal. Disclosing these details could be sensitive due to industry competition. Business Model and Competitor Dynamics • As an assembler, SMCI relies on confidential relationships with suppliers. Competitors like Dell and HP would benefit from any disclosed information, making secrecy crucial. Market and Competitive Context • SMCI’s growth depends on innovation and meeting demand for AI and cloud solutions. Historical issues and current practices raise red flags, but the context of complex supply chains and competitive dynamics is important to consider. These points highlight the complexities and potential motivations behind the allegations against SMCI, while also considering the broader industry context. THERE IS NOTHING HERE, THAT MAKES ANY OF IT ILLEGAL. Then there is the issue of liquidity. Id delisted from the nasdaq the sahres become less liquid, but never less liquid that today and yesterday. Thus, as long as the sales keep on happening I DON'T CARE like that song I DON'T CARE, I love it, I don't Care. This is a lotto ticket gentlemen, with great odds. You risk what you will. I love it, and I don't care.... we will next week what kind of pop we get, I contend it should be huge, liquidity or not I Don't Care. Will ad more, but I am expecting a beat of at least 7% with respect to last quater and a net revenue of 9% The rest the fact that DELL and HP are likely pressing duttons to call E&Y to tell them how dare you we will not use you if you enable SMCI (this is the movie I am playing in my haad, I never herd that conversations, or did ? I must be trippin._
NASDAQ:SMCILong
by imcnf5c4ff
8
SMCIIt seems you are referring to a strong investment opportunity in the stock SMCI in the American market, with a potential rise ranging from 40% to 70%. The technical analysis you mentioned, such as the downward channel and the clear divergence on the MACD indicator, can suggest a possible trend reversal."The decision now depends on whether you are an investor or a trader. I see that the $24.5 level is excellent for investors as it aligns with the 200-day moving average on weakly frame, targeting a 100% profit At least with a 20% stop loss. However, if you are a trader, we might wait for a price action signal around $33, aiming for $44."
NASDAQ:SMCILong
by IbrahimTarek
The Big Exit | How One Auditor Walked Away from Super MicroThe Governance Shortfall: Inside Super Micro’s Auditor Crisis On Wednesday, shares of the high performance server and storage solutions provider faced renewed selling pressure after the unexpected resignation of its audit firm, Ernst & Young LLP(EY) In July 2024, EY alerted the Audit Committee about several concerns related to governance, transparency, internal controls, and the risk of delayed filing of the company's annual report. In response, the Board formed an independent Special Committee to investigate these matters, engaging Cooley LLP and forensic accounting firm Secretariat Advisors, LLC. Although EY and the Board received preliminary updates on the investigation, the final conclusions have not yet been shared. The ongoing review raised doubts for EY regarding the company’s adherence to the COSO Framework principles for internal controls. EY questioned the company’s commitment to integrity, the independence of the Audit Committee, and the reliability of management’s and the Audit Committee's representations. In its resignation letter, EY expressed its inability to rely on these representations or be associated with the company's financial statements, citing legal and professional obligations. Despite the developments, Super Micro has indicated no expected changes to previously issued financial statements. The company plans to provide a Q1/FY2025 business update next week. However, it’s surprising that management didn’t include preliminary Q1 results in Wednesday's announcement, which could have mitigated the negative impact on its stock. Super Micro is nearing a Nasdaq deadline to either regain compliance with listing requirements or submit a plan. With the auditor’s unexpected departure, it may be difficult for the company to present a viable plan, raising the risk of a near-term delisting. This resignation comes at a critical time for Super Micro, as its rapid growth requires substantial working capital. Based on management’s projections, FY2025 cash needs could reach up to $3 billion, likely necessitating additional capital early next year. However, raising funds without audited financials could be challenging, potentially forcing Super Micro to relinquish market share to competitors like Dell Technologies or Hewlett Packard Enterprise. In my view, EY’s departure increases the likelihood of a prolonged accounting review, which could hinder Super Micro’s ability to secure funding for anticipated growth. Therefore, it is crucial for the company to report strong preliminary Q1/FY2025 results and present a positive outlook next week. Super Micro Computer’s troubles continue, as its auditor resigned due to concerns over management’s integrity and the Audit Committee's independence. This situation makes it unlikely for the company to achieve compliance with Nasdaq requirements soon, raising the potential for a near-term delisting. With a need to re-enter the capital markets in early 2025, audited financials remain essential. A failure to secure funding could result in significant market share loss to major competitors like Dell Technologies and Hewlett Packard Enterprise. Given these challenges, the increased risk of prolonged financial review, and a likely near-term delisting, I am reaffirming my "Sell" rating on Super Micro Computer's common shares.
NASDAQ:SMCIShort
by moonypto
2
SMCI *Huge Update*I know my charts are not pretty and I look pretty stupid a lot of the times. BUT. I noticed something very strange with the time cycle charting tool. I was measuring the tops and bottoms to find out that the bottoming process on SMCI is scheduled to happen just before NVDA earnings. Meaning... if SMCI follows the cycle we will see a huge dump before the 22nd-23rd of May. Then, after all retail investors are shaken out and people fear the recession/earnings, it will rocket up to make one more all time high run :) High chance of being wrong but I love to share my ideas with you all! Let me know what you see and lets talk about it.
NASDAQ:SMCIShort
by LeapTrades
33
SMCI after the resignation of E&YSuper Micro Computer's stock has recently experienced significant volatility, particularly following the resignation of its chief accountant. This event has raised concerns among investors, contributing to a notable decline in the company's stock price. The resignation was part of a broader context of challenges faced by Super Micro, including a federal investigation that has been ongoing since September 2024, which has further pressured the stock. In the wake of the accountant's departure, Super Micro's shares fell sharply, reflecting investor anxiety over the company's governance and financial oversight. This decline is compounded by previous fluctuations in the stock, including a substantial drop of 28.6% earlier in September due to various market pressures and concerns about the company's performance and future prospecs. The combination of these factors has led to a cautious outlook among analysts and investors alike. Many are now closely monitoring the situation, particularly as Super Micro prepares to report its earnings soon. The market's reaction to these developments will likely influence the stock's trajectory in the coming weeks.
NASDAQ:SMCI
by j_arrieta
Analyzing SMCI's Potential RecoveryCapitulation and Recovery: Capitulation: A period of intense selling pressure that often marks the bottom of a downtrend. Post-Capitulation Recovery: After a capitulation event, the stock may experience a relief rally as short-sellers cover their positions and long-term investors start accumulating. Factors Affecting SMCI's Recovery: Fundamental Factors: Earnings Reports: Strong earnings reports can boost investor confidence and drive the stock price higher. Revenue Growth: Continued revenue growth, especially in the AI and data center segments, is crucial. Technological Innovations: SMCI's ability to innovate and introduce new products can influence investor sentiment. Market Sentiment: Overall market conditions, especially the tech sector, can impact SMCI's performance. Cautions and Considerations: Market Volatility: The stock market is inherently volatile, and SMCI is no exception. Price fluctuations can be significant, especially in the short term. Risk Management: Always use stop-loss orders to limit potential losses.
NASDAQ:SMCILong
by ParabolicP
Oh no.........gone are the 4 baggers !!!!Latest news here :https://finance.yahoo.com/news/chinas-oct-factory-activity-returns-014907489.html It is scary that the management overstate its revenue and profitability to fool the shareholders..... To think that it is included in the S&P500 index would mean it has passed certain tests, but who knows......what goes up fast, came down just as fast ............ What to do if you are holding this stock ? Personally, I would have lost faith in the management and getting another auditor would not solve the problem. How about replacing the CEO? This can happen but it would takes time to turn around........ I think the chances of it falling through the support at 26.68 is high and panicky retail investors would rush to offload ........ Please DYODD
NASDAQ:SMCI
by dchua1969