Super Micro Computer Inc (SMCI) is a STRONGBUY asset with an AI trading strategy potentially providing a 104.08% return over the period of 2022-11-25 to 2023-03-22, with an average return of 52.04% and a total of 2.0 positions taken. The AI strategy’s model has an overall accuracy of 0.75 when predicting an upward trend in the following 2 weeks. The analyst consensus price target is 578.100.8.
Super Micro Computer Inc. (SMCI) is a technology company headquartered in San Jose, California that develops and manufactures high-performance server and storage solutions based on an open, modular architecture. It is listed on the NASDAQ exchange under the symbol SMCI and has a market capitalization of $4.7 billion as of September 7th, 2023.
SMCI has achieved significant success in recent years due to its focus on creating innovative products that have been well-received by its customers. This has resulted in strong company performance, as evidenced by its revenue of $6.6 billion in the trailing twelve months and its profit margin of 8.7%. The company also has a price-earnings ratio of 8.1 and a price-to-book ratio of 2.932.
The share price of SMCI has been on an uptrend since the beginning of 2021, rising from a low of $34.11 to a high of $95.22. On September 7th, the stock was trading at $263.76, representing a 6-month return of 138%. Analysts have an average target price of $100.8 for the stock, implying a potential upside of 61.9%.
Overall, Super Micro Computer Inc. is an established player in the technology space with a solid track record of success and impressive financial performance. Its share price has been on an impressive uptrend since the beginning of 2021, and analysts expect it to continue this trend in the near future. With a current price of $263.76 and an average target price of $100.8, SMCI looks like a good investment for investors with an appetite for risk.
Symbol: SMCI
AssetType: Common Stock
Name: Super Micro Computer Inc
Description: Super Micro Computer, Inc. develops and manufactures high-performance server and storage solutions based on an open, modular architecture. The company is headquartered in San Jose, California.
CIK: 1375365
Exchange: NASDAQ
Currency: USD
Country: USA
Sector: TECHNOLOGY
Industry: ELECTRONIC COMPUTERS
Address: 980 ROCK AVENUE, SAN JOSE, CA, US
FiscalYearEnd: June
LatestQuarter: 2022-12-31
MarketCapitalization: 4746892000
EBITDA: 724281000
PERatio: 8.1
PEGRatio: 0.76
BookValue: 34.06
DividendPerShare: 0
DividendYield: 0
EPS: 10.93
RevenuePerShareTTM: 127.05
ProfitMargin: 0.087
OperatingMarginTTM: 0.104
ReturnOnAssetsTTM: 0.15
ReturnOnEquityTTM: 0.385
RevenueTTM: 6646275000
GrossProfitTTM: 800001000
DilutedEPSTTM: 10.93
QuarterlyEarningsGrowthYOY: 3.026
QuarterlyRevenueGrowthYOY: 0.538
AnalystTargetPrice: 100.8
TrailingPE: 8.1
ForwardPE: –
PriceToSalesRatioTTM: 0.709
PriceToBookRatio: 2.932
EVToRevenue: 0.798
EVToEBITDA: 8.34
Beta: 1.381
52WeekHigh: 95.22
52WeekLow: 34.11
50DayMovingAverage: 81.9
200DayMovingAverage: 64.24
SharesOutstanding: 53637000
DividendDate: None
ExDividendDate: None
| Date | Symbol | Prediction | Model Accuracy | Price Target | Analyst Target |
|---|---|---|---|---|---|
| 2023-09-07 | SMCI | STRONGBUY | 0.75 | 263.76 | 100.8 |
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