Super Micro Stock: Bullish Signals Amidst Bearish Fears

Super Micro Computers stock plummeted after disappointing Q1 results, with revenue drop and EPS fall of 53%. The company blamed a single customer delaying orders, leading to a 49% drop in share price. However, analysts predict a rebound, forecasting EPS to jump to 52 cents next quarter and full-year estimates to $2.06 by June 2026. The stocks forward P/E multiple of 17.2 is in line with its five-year average. Unusual call option activity on December 24th suggests a potential stock pop, but it could also be short sellers hedging. Despite the sell-off, some investors see the long-term AI demand outlook as solid.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.