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Super Micro Faces Cautious Analyst View Amid Shifting Customer Demand And Declining Margins
SMCISuper Micro Computer(SMCI) Benzinga·2025-05-01 02:43

Super Micro Computer SMCI stock declined Wednesday after the company lowered its preliminary guidance on Tuesday.Wall Street analysts slashed their price targets on the stock. JP Morgan analyst Samik Chatterjee maintained a Neutral rating on the stock on Tuesday.Also Read: Supermicro Taps Intel Chips To Power Real-Time AI At The Edge, Eyes Growth In IoT And HealthcareThe company now expects to report third-quarter revenue of 4.5billionto4.5 billion to 4.6 billion, down from prior guidance of 5billionto5 billion to 6 billion. ...