CFRA upgraded Super Micro Computer from Hold to Buy and set a new price target of $48.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/11/2025 | $48.00 | Hold → Buy | CFRA |
| 11/6/2024 | $50.00 → $23.00 | Neutral → Underweight | JP Morgan |
| 10/31/2024 | Buy → Hold | Argus | |
| 9/18/2024 | $600.00 | Buy | Needham |
| 9/17/2024 | $450.00 | Neutral | Mizuho |
| 9/6/2024 | $950.00 → $500.00 | Overweight → Neutral | JP Morgan |
| 9/4/2024 | $693.00 → $438.00 | Overweight → Equal Weight | Barclays |
| 8/7/2024 | $1090.00 → $700.00 | Buy → Neutral | BofA Securities |
Super Micro Computer, Inc. (NASDAQ:SMCI) ("Supermicro" or the "Company"), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, today announced preliminary financial information for its second quarter of fiscal year 2025 ended December 31, 2024. Preliminary Second Quarter Fiscal Year 2025 Highlights The Company expects to report the following financial information for the quarter ended December 31, 2024: Net sales in the range of $5.6 billion to $5.7 billion, reflecting 54% year-over-year growth at the midpoint GAAP and non-GAAP gross margin in the range of 11.8% to 11.9% GAAP diluted net income per common share in the range of $0.50 to $0.52, flat year-over-year
Super Micro Computer, Inc. (SMCI), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, today announced that it will provide a second quarter fiscal 2025 business update on Tuesday, February 11, 2025, at 5:00 p.m. ET / 2:00 p.m. PT. The webcast will be available at https://ir.supermicro.com. A replay of the webcast will be available shortly after the call at the same website and will remain accessible for one year. Cautionary Statement Regarding Forward-Looking Statements Statements contained in this press release that are not historical in fact may be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Secur
KUALA LUMPUR, Malaysia, Jan. 27, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ:VCIG) ("VCI Global"), through its AI subsidiary, AI Computing Center Malaysia Sdn. Bhd. ("AICC" or the "Company") proudly announces a major AI asset acquisition through Super Micro Computer, Inc. (NASDAQ:SMCI) ("Supermicro"). This strategic investment entails the procurement of state-of-the-art 64 Supermicro servers equipped with 512 NVIDIA H200 Tensor Core Graphics Processing Units ("NVIDIA H200 GPUs"), for the launch of its AI cloud business. AICC's investment of over US$25 million marks a significant milestone in its journey to becoming a leading AI infrastructure provider. This investment is expected
4 - Super Micro Computer, Inc. (0001375365) (Issuer)
Special Committee, supported by outside counsel Cooley LLP and forensic accounting firm Secretariat Advisors, LLC, finds no evidence of misconduct on the part of management or the Board of Directors and that the Audit Committee acted independently No restatement of reported financials expected Board adopts recommendations of the Special Committee and appoints new Chief Accounting Officer, approves the transition to a new CFO and authorizes additional executive hires, along with other measures to strengthen the Company Super Micro Computer, Inc. (NASDAQ:SMCI) (the "Company"), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, today announced that the independent Special
Super Micro Computer, Inc. (NASDAQ:SMCI), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, announced today that the Audit Committee of its Board of Directors has engaged BDO USA, P.C. ("BDO") as its independent auditor, effective immediately. BDO is a member firm of BDO International, one of the world's top five accounting firms network with over 115,000 professionals across its global network and a recognized leader in audit and assurance. "We are pleased to welcome BDO as Supermicro's independent auditor," said Charles Liang, President and CEO of Supermicro. "BDO is a highly respected accounting firm with global capabilities. This is an important next step to bring our
Super Micro Computer, Inc. (NASDAQ:SMCI), a Total IT Solution Provider for AI, Cloud, Storage and 5G/Edge, announces the appointment of Susie Giordano to the board of directors. "The Board of Directors and I are excited that Susie Giordano has joined Supermicro as a Director," said Charles Liang, chairman of Supermicro's Board of Directors. "Susie has decades of extensive executive management experience leading both internal and external functions for several large technology companies and we look forward to her contributions to our future growth." Ms. Giordano has over 25 years of experience advising executive management and board directors on a wide range of topics, including strategy
CFRA upgraded Super Micro Computer from Hold to Buy and set a new price target of $48.00
JP Morgan downgraded Super Micro Computer from Neutral to Underweight and set a new price target of $23.00 from $50.00 previously
Argus downgraded Super Micro Computer from Buy to Hold
NT 10-Q - Super Micro Computer, Inc. (0001375365) (Filer)
8-K - Super Micro Computer, Inc. (0001375365) (Filer)
8-K - Super Micro Computer, Inc. (0001375365) (Filer)
Super Micro Computer, Inc (NASDAQ:SMCI) ("Supermicro" or the "Company") today announced the pricing of $700.0 million aggregate principal amount of newly issued 2.25% Convertible Senior Notes due 2028 (the "New Convertible Notes") pursuant to privately negotiated agreements (the "Subscription"). The Company also announced the amended pricing terms of its existing $1.725 billion aggregate principal amount of Convertible Senior Notes due 2029 (the "Existing Notes") pursuant to privately negotiated agreements with certain holders of the Existing Notes to amend certain terms of, and obtain waivers with respect to, (together, the "Amendments") the Existing Notes (as so amended, the "Amended Conv
Super Micro Computer, Inc. (NASDAQ:SMCI) ("Supermicro" or the "Company") today announced that it has entered into privately negotiated agreements with certain holders of its existing 0.00% Convertible Senior Notes due 2029 (the "Existing Notes") (i) to purchase (the "Subscription") $700.0 million aggregate principal amount of newly issued 2.25% Convertible Senior Notes due 2028 (the "New Convertible Notes") and (ii) to amend certain terms of, and obtain waivers with respect to, (together, the "Amendments") the Existing Notes (as so amended, the "Amended Convertible Notes"). The Amendments are expected to be effective, and the Subscription is expected to close, on or about February 20, 2025,
Super Micro Computer, Inc. (NASDAQ:SMCI) ("Supermicro" or the "Company"), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, today announced preliminary financial information for its second quarter of fiscal year 2025 ended December 31, 2024. Preliminary Second Quarter Fiscal Year 2025 Highlights The Company expects to report the following financial information for the quarter ended December 31, 2024: Net sales in the range of $5.6 billion to $5.7 billion, reflecting 54% year-over-year growth at the midpoint GAAP and non-GAAP gross margin in the range of 11.8% to 11.9% GAAP diluted net income per common share in the range of $0.50 to $0.52, flat year-over-year
4 - Super Micro Computer, Inc. (0001375365) (Issuer)
4 - Super Micro Computer, Inc. (0001375365) (Issuer)
4 - Super Micro Computer, Inc. (0001375365) (Issuer)
SC 13G - Super Micro Computer, Inc. (0001375365) (Subject)
SC 13G/A - Super Micro Computer, Inc. (0001375365) (Subject)
SC 13G/A - Super Micro Computer, Inc. (0001375365) (Subject)