Super Micro Computer: Uphill Struggle From Here

Feb. 07, 2023 10:00 AM ETSuper Micro Computer, Inc. (SMCI)14 Comments


  • Supermicro delivered an impressive double beat on revenue and earnings, igniting a resurgence of confidence after weathering a recent short-seller attack.
  • Despite that, SMCI has underperformed the S&P 500 since our previous caution, including plummeting 20% after a devastating short-seller report from Spruce Point.
  • With just two fiscal quarters remaining, the company guides for revenue growth of 25% to 44% for FY23, offering an unusually wide range in its outlook.
  • Despite a seemingly modest valuation, a growth slowdown for SMCI seems imminent, warranting caution for investors.
  • I do much more than just articles at Ultimate Growth Investing: Members get access to model portfolios, regular updates, a chat room, and more. Learn More »

Markets Face Worst Week Of Losses Since 2008 As Coronavirus Fears Spook Investors

Scott Heins

Super Micro Computer, Inc., or Supermicro (NASDAQ:SMCI), reported its FQ2'23 earnings release last week, corroborating a solid quarter when it announced its prelim release in mid-January.

However, SMIC has underperformed the S&P 500 (SPX) (

Supermicro FCF margins % and Adjusted EBIT margins % consensus estimates

Supermicro FCF margins % and Adjusted EBIT margins % consensus estimates (S&P Cap IQ)

SMCI price chart (weekly)

SMCI price chart (weekly) (TradingView)

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