Super Micro Computer, Inc. (SMCI) has seen its market capitalization soar to $27 billion after a 62% increase in just 10 days, with shares up 10.5% in US after-hours trading. The company's earnings report, released after hours, revealed an earnings beat by $0.54 and higher-than-expected revenues. SMCI's Q3 EPS and revenue projections were raised above consensus, with revenues expected to be between $3.7 billion to $4.1 billion. Furthermore, the FY24 revenue guidance was significantly increased to $14.3-$14.7 billion, indicating a 35%-40% rise from the earlier $10-$11 billion forecast. This has been linked to robust demand in the AI sector, signaling a positive trend for similar companies such as Nvidia (NVDA) and AMD. Despite the company's PE being 44, market sentiment remains bullish, with approximately 68% of institutional holders having bought shares as of December 31. While some suggest taking profits and reducing exposure, SMCI's stock achieved new all-time highs in after-hours trading, breaking past $518.
$AMD $NVDA $SMCI pretty much semi’s taking a hit after hours Healthy to see some pullback for better opportunities
$SMCI peak to trough since this morning in premarket: -13%. This is the very definition of blow off tops. Where it loses most if not all the gains in a massive volume day. The stock has done extremely well. Not taking that away. But we also have to be realistic in saying this…
$SMCI hanging in there. Impressive stuff. $BA trying to give us another good trade.
$smci drop at open https://t.co/ROFr329Gng
Move over Nvidia: Super Micro Computer is the top-returning AI stock over the past year https://t.co/BNWwP9MxrK
$SMCI buyer of 550 Jan. 2026 $500 calls at $200, $11M
$AMD is on its knees begging for $SMCI to stay in the green.
Super Micro shares pop after earnings beat, rosy revenue forecast https://t.co/MjllfNc00T
$SMCI going for gap fill unless we close above $519 on 4hr this can head back to $537, $545, $550 (key) for $565
Supermicro shares jump after revenue forecast raise re-ignites AI rally https://t.co/Gbyf4djZso https://t.co/dY88RAScMJ
Supermicro $SMCI price target raised to $625 from $450 at Northland
$SMCI is up another 11% after reporting another record quarter Is being long semis the most obvious trade of the year? “If semis ran like crazy with crypto, isn’t AI a bigger deal to the world?” https://t.co/Zljpscom45
Susquehanna raises $SMCI target price from $162 to $250
Shares of Super Micro Computer $SMCI are up over 12% pre-market after solid Q2 results, but analyst ratings are mixed. From an upside of 39%, to a downside of -67%, which Wall Street Analyst do you agree with?! #stocks #stockmarket https://t.co/77Gan9YUEU https://t.co/8MDpP1Qo99
$SMCI $560 in pre market. This move is crazy. Now up almost 100% since the positive pre announcement.
Super Micro’s Nvidia-Style Results Raise Hopes of More AI-Fueled Tech Stock Gains https://t.co/6kM7J7VLDy
⚠️ SUPERMICRO SHARES JUMP AFTER REVENUE FORECAST RAISE RE-IGNITES AI RALLY (Reuters) Super Micro Computer shares rose nearly 11% before the bell on Tuesday after the artificial intelligence server maker delivered blowout quarterly results and raised its full-year revenue… https://t.co/RAS7ky7qLr
$SMCI = S M see ya! 🚀 https://t.co/eElZpbeF7v
Some big orders last few days $qqq $tsla $smci $nvda https://t.co/ycZHeOxvk9
Super Micro’s stock pops on monster earnings and revenue outlook https://t.co/6yQ6SaYIpt
Super Micro Computer shares rose 10.5% in US after-hours trading after the AI server maker raised its outlook for its fiscal 2024 to US$14.3 billion to $14.7 billion from prior guidance of $10-$11 billion as it wins new clients even as “our current end customers continue to…
$SMCI Latest #13F data shows ~68% of institutional holders are bullish ones, who bought shares as of 12/31.👇🏼 Joseph DiMenna's Zweig-Dimenna is a new buyer who initiated a new position in Q4. $SMCI's rising price correlates to the rise of institutional holders very closely. See… https://t.co/g21xpmPHEj https://t.co/FlpxYxcgJQ
$SMCI Latest #13F data shows ~68% of institutional holders are bullish ones, who bought shares as of 12/31.👇🏼 Joseph DiMenna's Zweig-Dimenna is a new buyer who initiated a new position in Q4. $SMCI's rising price correlate to the rise of institutional holders very closely. See… https://t.co/aX6tZ09DOa https://t.co/FlpxYxcgJQ
$SMCI years of demand due to AI https://t.co/XDdndOW1HX
$SMCI $450 hit already for 2024 PT, almost getting to $570👇 Similar thing happened last Jan 2023 - We hit levels within a month https://t.co/AEoCFmTtpI
$SMCI can we go back and buy it at $79 a year ago https://t.co/OaA7rGAoVC
⚠️ SUPER MICRO SURGES AS SALES PROJECTION FUELS AI RALLY Full Story → https://t.co/n3dyJXPq4b
$smci Cleared $496 with authority and $nvda cleared $628.50 https://t.co/FVvTuzkF0i
$SMCI FY increased by 35%-40% thats insane from $10-11Bn https://t.co/TRnxPVseuB
“people have been saying AI is a bubble and while it’s true that there’s a lot of hype rn, look at super micro’s recent quarter. they were guiding to $10B of sales end of last year now it’s looking more like $14B. and they’re basically a proxy for nvidia demand, so things are ok” https://t.co/LTjaQopkLk
$SMCI Q3 expected $3.7bn to $4.1Bn revenue Fiscal Year ending June '24 - expected revenue 14.3Bn to $14.7Bn
Super Micro’s monster earnings forecast sends stock soaring yet again https://t.co/gfc30xJxSg
$SMCI $NVDA $AMD not a place to buy but to take profits and reduce exposure.. Wait for better entry price in coming weeks/months. #Chasing here can cost you Big $
Shared this in service 4 min ago. Monster Went 30 points higher wow $smci https://t.co/QcIDQre16E
$SMCI raises guidance for FY24, sees FY24 revs of $14.3-$14.7 bln vs. $11.34 bln FactSet Consensus, up from prior guidance of $10-$11 bln
Super Micro Computer beats by $0.54, beats on revs; guides Q3 EPS above consensus, revs above consensus; raises FY24 revs guidance above consensus $SMCI
$SMCI flying AHs $518+ new ATHs https://t.co/kTNmJsDrIK https://t.co/dFFyDhxqxP
Crazy beat + guidance $SMCI https://t.co/UeeDZqMGpA
$SMCI gap and fade? Reset of recent run up will be healthy for potential better risk/reward buy
$SMCI - a $27b makt cap co. that's gone up 62% in 10 calendar days. Suffice to say, no position.
$SMCI earnings after hrs. Already had a HUGE move last week on prelim results. Implied move today -\+ 9.3% or so. What say u happens after hrs? If I had to use my GIG indicator (Guts, Intuition, Guessing) I would say just +5%.
After ER tonight $SMCI could go as high as 700 of as low as 300 with the 1/18 gap. No one is safe. Max excitement! $nq $qqq $nvda https://t.co/9k4Hhq6r0C
$SMCI They are buying some of the 720 calls. Shit why not at this point lol.
$SMCI getting dumped. Where is the ER fomo? $nvda $amd
$SMCI bears need to realize the PE is 44, not 84
$SMCI What’s scary about this little AI name is the market cap is “only” at 26B. All the other major AI names in AVGO, AMD, NVDA are all trading at dbl digit P/S ratios but SMCI is at only 3.5. Earnings in after hrs today. I was looking for a 10% correction, gave us 5% last…