Super Micro Computer (SMCI) has been announced to join the S&P 500, replacing Whirlpool, effective March 18, leading to a significant surge in its stock price to $1,009.63 in premarket trading. The announcement has triggered a flurry of activity among investors, with the stock hitting an all-time high of $1,086 and experiencing a 15% increase. This move has drawn comparisons to Tesla's previous inclusion in the S&P 500, sparking debates about the potential for similar growth. Additionally, aggressive call buying has been observed, with interest in strikes ranging from $1,100 to $1,500. Goldman Sachs initiated coverage of Super Micro with a neutral rating and a price target of $941, despite the stock's recent performance surpassing this target and a 1,000% surge since the start of 2023. Investing.com suggested a 'fair value' price of $552.48 for SMCI, implying a -39% downside. The company's inclusion in the index and its significant price surge reflect the growing demand for its AI servers, which have contributed to a more than 200% increase in its stock since the start of 2024.
$MSTR vs $SMCI today both up +$200 on stock
$HIVE is positioned and riding this super Ai cycle with our NVIDA GPU chips and Super Micro servers with operations in downtown Stockholm, Sweden and Montreal, Canada https://t.co/V64KhutlMQ
$HIVE has been busy redeploying their Nvidia GPU chips to build out their Ai strategy which has been evolving and growing revenue every month since our beta test last year. https://t.co/4OJIhFsnSz
1 down, 2 to go. $smci https://t.co/VfV3uEDQNV
Extremely aggressive call buying in $SMCI today focused on $1,100 all the way through $1,500. We can see interest building at those higher strikes. https://t.co/HOcitp6AJW
$SMCI Apart from all other strikes seeing volume.. $1600c weekly exp & Mar15 exp seeing volume - this is insane!! Not sure if that goes ITM but just saying
Oh look at that... a new high for $SMCI Guess we will not hear "my bad" for those calling it a bubble,blow-off top at 400, 500, 600, 700, 800, 900, 1000 and now prob. today again
$SMCI hit $1086 all time high!! $NVDA also all time high. This will probably be the biggest regret of 2024. https://t.co/w28XYaknJc
Super Micro pops 15% after S&P 500 selection https://t.co/LLl1IfMXo4
$SMCI shorts covering
Imagine not trading $smci over the next two weeks (either direction). Volume and price swings will be phenomenal https://t.co/yBLqmU9J0E
$SMCI BUSTS LOOSE +15% TO SURPASS $1,000
S&P 500 going to pay a very high price for $SMCI, similar to how $TSLA was pumped ahead of inclusion and now stands lower a few years later. While adding $TSLA couldn't be avoided, adding $SMCI seems like an unforced error
Ahead of SMCI's inclusion in the S&P 500, the (previously) small co became one of the most popular options bets in the entire market, surpassing TSLA at one point https://t.co/cBIUTikeRH
$HIVE uses their servers for their Nvidia chips for Ai boom Super Micro Computer shares traded sharply higher after announcement the AI server maker will join the S&P 500. The company's stock has gained over 200% since the start of 2024 due to surging demand for its AI servers, https://t.co/NQFvMvRpr2
Goldman starts coverage of Super Micro Computer with a neutral rating and $941 price target; bank views shares of the server maker as fairly valued after 1,000% surge since the beginning of 2023. PT is now below SMCI's price after latest weekend meltup
Goldman starts coverage of Super Micro Computer coverage starts with a neutral rating and $941 price target; bank views shares of the server maker as fairly valued after 1,000% surge since the beginning of 2023. PT is now below SMCI's price after latest weekend meltup
Super Micro shares jump as AI-bet gears up for S&P 500 entry https://t.co/BRCCR6SFvg https://t.co/t8WdAFKR2f
β οΈSUPER MICRO TO BE ADDED TO S&P 500; IS THERE MORE UPSIDE LEFT? https://t.co/uWMljTGJqD π $SMCI https://t.co/EntS3XQDMk
$SMCI all time high in play this week after the announcement of joining the S&P500 after hours Friday. $NVDA there as well. Shoutout to TJ for being our eyes to get us the news promptly while most people were closing up shop for the weekend! https://t.co/zKDmAg3yYg
$SMCI (+15.0% pre) Super Micro shares jump as AI-bet gears up for S&P 500 entry - Reuters https://t.co/j0XvDKCgQE
$SMCI +15% about to go ham when the options market opens up
$SMCI +14% about to go ham when the options market opens up
$SMCI +11.50% at $1,009.63 premarket SUPER MICRO COMPUTER TO REPLACE WHIRLPOOL IN S&P 500 AT OPEN ON 3/18
$SMCI brokeout from the triangle on Friday and pre-market it's already halfway in the opportunity. This stock moves wild.π€― Don't mind the chart, I am away from the desk. https://t.co/hOUpfDs62A
Gonna be hilarious watching them try to stuff $SMCI into $SPY $SPX in two weeks. There arenβt enough shares an available to avoid another parabolic move to access shares. Shoulda announced a split a week ago.
$SMCI is becoming the new $TSLA stock?
$SMCI Hit almost 1,100 in Robinhood early trading. Omg.
$SMCI looks like itβs gonna hit 1200 tonight in the Robinhood 24 hr market
How high will $SMCI trade tomorrow?
π¨ SUPER MICRO INVESTING PRO 'FAIR VALUE' PRICE IS $552.48 , IMPLYING -39% DOWNSIDE DO YOU AGREE OR DISAGREE? $SMCI https://t.co/SbclzDqDof
$SMCI So Iβm looking at some recent notable names added to the S&P500 index like $JBL $UBER $LULU $ABNB $PANW and their near term performance thereafter. All of them are trading higher than the day they were added and some significantly higher. Whatβs your point Heisenberg?!β¦
Put buyers on $SMCI https://t.co/guw5dOCO0A
For the $SMCI watchers β hereβs what happened to $TSLA after it was announced it was joining the $SPX. https://t.co/jaX5UAb8fH
S&P index committee decided to add SMCI to the S&P 500. So, let me ask you: If you were running an actively managed fund like the S&P 500 clearly is, would you be adding SMCI here? https://t.co/U1oekIubNH