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SMCI

$ SMCI Target $ 65.0 Technical and Fundamental AnalysisAfter-hours price : Current: $ 29.50 Technical Analysis • Key Levels: Crossing and holding above $28 on a weekly close could act as a launchpad for targets of $35 and $42. The bullish trajectory depends on maintaining this support level. Future Price Targets • If BDO, SMCI's new auditor, resolves accounting issues without regulatory challenges, the company could aim for a long-term price target of $65. This would rely on continued growth in AI-driven hardware markets and restored investor confidence Fundamental Analysis • Revenue and Earnings Growth: SMCI's revenue grew significantly in recent quarters, driven by demand in AI and data center markets. Forward EPS growth projections for the next two years are 41.3% • Valuation Metrics: SMCI's forward P/E ratio of 5.43 and a PEG ratio of 0.15 highlight a strong value-growth balance • Margins: Over the last ten quarters, SMCI has shown gross margins averaging around 15.97%, with operating margins of 9.72% and net profit margins of 8.88%. These metrics indicate stable profitability but room for improvement in operational efficiency . Summary SMCI's technical breakout above $28 could unlock medium-term targets of $35 and $42, with the potential for $65 long-term if its operational and accounting challenges are addressed. Monitoring its new auditor’s progress and market developments in AI hardware will be crucial. *Disclaimer: This article is for informational purposes only and does not constitute financial advice.*
NASDAQ:SMCILong
by RNB98
2
SMCI Long Setup (4H Timeframe) 🚀 SMCI Long Setup (4H Timeframe) 🚀 🔍 Trading Plan This setup aligns with Elliott Wave theory, showing potential for Wave 5 development supported by the demand zone and Fibonacci retracement/extension levels. --- 📉 Trade Details - Entry: ~$34.93 - Price is near a demand zone, aligning with the 0.5 Fibonacci retracement level of Wave (4). This suggests potential upward momentum as Wave 5 begins to form. - Stop-Loss : $30.24 - Placed below the demand zone and 0.618 Fibonacci retracement of Wave (4) to protect against invalidation of the setup. - Take Profit Targets: 1. Target 1: **$42.37** - Corresponds to the 0.618 Fibonacci extension of the projected Wave 5. 2. Target 2 : $47.53 - Matches the 1.0 Fibonacci extension of Wave 5, indicating full potential completion of this wave. 3. Target 3 : $55.90 - A higher price level within a supply zone, representing an extended Wave 5 target. 📊 Wave 5 Development The price action suggests that Wave 5 has strong potential for development. Elliott Wave theory predicts that Wave 5 is the final impulse wave in the trend, which could align with broader bullish momentum and demand zone confluence. Wave 5 is projected to reach key Fibonacci extension levels, marking potential profit zones. 📊 Risk-Reward Ratio (RRR) T1: ~1:1.3 T2: ~1:2.3 T3: ~1:3.6 Trade smart and may the market favor your strategy! 🚀 **⚠️ Disclaimer** This analysis is for educational purposes only and does not constitute financial advice. Trading involves risk, and you should only trade with funds you can afford to lose. Always conduct your own analysis and consult a financial advisor. #Wave5 #DemandZone #ElliottWaveTheory #TradingPlan
NASDAQ:SMCILong
by MESHANL
$SMCI surged by 78% ! A comeback or final rally? Technically, NASDAQ:SMCI is overall moving in a bearish market, and it just be rejected by the resistance level of downtrend line and the high price of previous gap down candle with high volume. In this case, the price may continue to go bearish if it could not break above the resistance level. From the aspect of fundamental analysis, there is also a high possibility for NASDAQ:SMCI to go bearish due to the two reasons below. Evident 1: SMCI’s drop was driven by financial fraud, with its auditor, Ernst & Young, resigning. Additionally, NVIDIA is shifting its orders away from SMCI. And the price had a short-term callback since the company only recently found a new auditor, BDO, and submitted a compliance plan to Nasdaq. It’s worth mentioning that NASDAQ:SMCI has experienced a similar situation before. Back in 2019, SMCI faced multiple delisting warnings from Nasdaq for failing to submit its 10-K report and other financial documents on time. Ultimately, SMCI was delisted for not meeting reporting requirements and moved to the over-the-counter market to continue trading. After improving its internal controls and financial reporting, SMCI was able to rejoin the exchange in 2020. Evident 2: NASDAQ:SMCI doesn’t have any monopolistic products and its offerings are highly replaceable. Several auditing firms have been gradually lowering their ratings and pricing since August, and SMCI has long been heavily dependent on NVIDIA's GPU chips. This dependence is evident, as about 70% of SMCI’s production costs rely on NVIDIA components. Now that NVIDIA is shifting its orders to other suppliers, even if SMCI has found a new auditor and successfully submits a strong Q3 report, its future will largely depend on whether NVIDIA decides to return its orders. Therefore, the recent surge over the past few days could be due to NASDAQ:SMCI creating a breathing space for itself, namely by submitting a compliance plan to Nasdaq. Regardless of whether it can meet the requirements, submitting the plan serves as a temporary measure to buy time. This move has sparked market enthusiasm, but that enthusiasm is likely to fade. If NVIDIA does not shift its orders back and if SMCI ultimately fails to submit compliant financial reports as outlined in its plan, the recent rise in stock price may turn out to be a short-lived rally, or what could be called a final dance.
NASDAQ:SMCIShort
by xugina78
1
SMCI one of the most high value opportunity on the Stock MarketSMCI: Bridging Gaps, Powering Growth! Super Micro Computer Inc. (SMCI) has nailed two key market gaps at 22.85 and 38.14, proving its strength and resilience. These milestones aren’t just numbers—they’re launchpads for SMCI’s explosive growth in high-performance computing. With innovation driving demand, SMCI isn’t just playing the game—it’s redefining it. Stay ahead—SMCI is the stock to watch! Targets covered : 1. 23.85$ Per Share 2. 38.14$ Per Share 3. 49.49$ Per Share 4. 63.45$ Per Share 5. 85.03$ Per Share 6. 97.36$ Per Share The 1st and 2nd targets have been of extreme importance because they were very key gaps that we caused by Fundamental events connected with SMCI, which have already been covered, so we are moving in a strong motion towards our next stop at 49.49$ Per share, please join my group of which we follow up in depth this Stock and many more!!
NASDAQ:SMCILong
by DG55Capital
2
Super Micro Computer (SMCI): Could this be 2024’s comeback?Could we be witnessing one of the most remarkable comebacks of the year? NASDAQ:SMCI surged an incredible 123% in just eight trading days, turning our position back into profit—a scenario that seemed unlikely not long ago. This highlights how patience in trading often pays off. The key reclaim of the Point of Control (POC) at $26.59 is a pivotal development. It’s crucial that NASDAQ:SMCI remains above this level as the week ends, which could also mark a significant monthly close. On the technical side, NASDAQ:SMCI was oversold on the 3D timeframe for the first time since March 2020, which may partly explain the rapid recovery and increased buying pressure. Fundamentally, last week marked the stock’s best five-day stretch on record following the appointment of BDO as its new independent auditor. This move, combined with a submitted compliance plan to Nasdaq, aims to address the delayed filing of its annual 10-K and quarterly 10-Q forms—previously threatening delisting. If NASDAQ:SMCI successfully files these reports, investor confidence could soar, potentially driving the stock much higher. However, failure to meet these requirements could result in a sharp sell-off. While we could have added at the bottom, patience remains critical as the situation evolves. ✅
NASDAQ:SMCILong
by freeguy_by_wmc
SMCI AnalysisAt this stage, fundamentals take precedence when analyzing SMCI. While the chart reveals a clear Fibonacci retracement at the current price level (~$28), this also aligns with a strong resistance zone. Historically, such levels represent pivotal decision points for the market, and breaking through this level will require substantial momentum backed by positive fundamental developments about the company. Recently, we saw a price spike after SMCI announced the appointment of a new auditor (BDO USA) and confirmed that it had filed the necessary compliance reports to meet Nasdaq requirements. This was a major step for the company, signaling its commitment to rebuilding trust and stability. From this point onward, good news is the only way forward if SMCI aims to achieve a strong stock price recovery. The current price action reflects the significance of this area, with the stock potentially finding a base here. If upcoming news or developments favor the company, this resistance could be breached with strong bullish momentum. A breakthrough could trigger a rapid upward move, presenting a substantial opportunity to reach the $45 level—a key target that aligns with the next Fibonacci zone and historical price action. In conclusion, while technicals suggest this is a critical point, the fundamentals will ultimately dictate the direction. Investors should stay alert for further updates, as the upside potential towards $45 is significant if the company continues to deliver positive news.
NASDAQ:SMCILong
by Charts_M7M
Can a Tech Giant Rewrite Its Future While Racing Against Time?In a remarkable display of corporate resilience, Super Micro Computer stands at the intersection of crisis and opportunity, navigating regulatory challenges while simultaneously revolutionizing the AI infrastructure landscape. As the company addresses its Nasdaq compliance requirements through comprehensive reforms, including the strategic appointment of BDO USA as its new independent auditor, it hasn't missed a beat in its technological innovation trajectory - a feat that has left critics and supporters watching intently. The numbers tell a compelling story of growth amidst adversity: a staggering 110% revenue surge to $15 billion in FY2024, coupled with a nearly 90% increase in adjusted earnings. But, perhaps more impressive is Supermicro's technical leadership, maintaining an 18-24 month advantage over competitors in liquid-cooled AI rack technology and demonstrating the capability to deploy 100,000-GPU liquid-cooled AI data centers. This technical prowess, combined with strategic partnerships with industry giants like NVIDIA, positions Supermicro at the forefront of the AI infrastructure revolution. Looking ahead, Supermicro's journey represents more than just a corporate turnaround story - it's a masterclass in organizational agility and strategic focus. While many companies might have faltered under the weight of regulatory scrutiny, Supermicro has instead used this moment as a catalyst for transformation, strengthening its corporate governance while accelerating its innovation pipeline. With analyst projections indicating 40%+ earnings growth for FY2025 and revenue expected to surge over 70%, the company's trajectory suggests that sometimes, the most significant opportunities for growth emerge from the crucible of challenge.
NASDAQ:SMCILong
by signalmastermind
WYSWYGThis week, NVDA reports earnings, confirming a couple of things: 1) whether it can sustain its sales, 2) whether it can increase them, and 3) who is distributing its chips( NASDAQ:SMCI , NYSE:DELL ). Similarly, today it signed an agreement with Google to develop quantum computing chips, a revolutionary step in the field of technology. Technically speaking, we have a large symmetrical triangle(D) that has just invalidated any possibility of a drop. Right now, micro-patterns are forming(B,C), pushing the price up and down within a large descending flag(A). If the flag plays out, we could return to the resistance of the massive symmetrical triangle at $122 USD, which would then act as support. On the other hand, this flag could break, as there are several patterns that could quickly invalidate it. Therefore, I believe we’ll see movement in both directions on Wednesday, but ultimately trending higher and the symmetrical end price is $173
NASDAQ:NVDALong
by AllAboutMoney
8
Reversal Incoming CRM Sells Are PossibleWhat do you know about Gravestone Doji? The Gravestone Doji candlestick pattern can be interpreted as a bearish reversal when it occurs at the top of uptrends. The Gravestone Doji can help traders see where resistance to a pricing increase is located. It is typically used with other technical indicators to identify a possible uptrend. What Does a Gravestone Doji Look Like? The Gravestone Doji chart pattern is an inverted “T”-shaped candlestick created when the open, high, and closing prices are nearly equal. The most important part of the Gravestone Doji is the long higher shadow. Why Is the Long Upper Shadow Important? Technicians generally interpret the long upper shadow as meaning that the market is testing to find where supply and potential resistance are located. Bulls Rejected by Bears The construction of the gravestone doji pattern occurs when bulls press prices upward. However, an area of resistance is found at the high of the day, and selling pressure pushes prices back down to the opening price. Therefore, the bullish advance upward was rejected by the bears. Limitations of the Gravestone Doji Although the Gravestone Doji can indicate the coming of a bearish price change, traders should not rely on this indicator alone: True Gravestones are rare since open, high, and closing prices are seldom the same. Successful traders will typically wait until the following day to verify the possibility of a downtrend after a Gravestone. If the Gravestone appears after a pricing downtrend, it can indicate that a price increase may follow. A Gravestone accompanied by higher-than-usual volume is more reliable than one with low volume.
NYSE:CRMShort
by Catchingpips_
The Big Exit | How One Auditor Walked Away from Super MicroThe Governance Shortfall: Inside Super Micro’s Auditor Crisis On Wednesday, shares of the high performance server and storage solutions provider faced renewed selling pressure after the unexpected resignation of its audit firm, Ernst & Young LLP(EY) In July 2024, EY alerted the Audit Committee about several concerns related to governance, transparency, internal controls, and the risk of delayed filing of the company's annual report. In response, the Board formed an independent Special Committee to investigate these matters, engaging Cooley LLP and forensic accounting firm Secretariat Advisors, LLC. Although EY and the Board received preliminary updates on the investigation, the final conclusions have not yet been shared. The ongoing review raised doubts for EY regarding the company’s adherence to the COSO Framework principles for internal controls. EY questioned the company’s commitment to integrity, the independence of the Audit Committee, and the reliability of management’s and the Audit Committee's representations. In its resignation letter, EY expressed its inability to rely on these representations or be associated with the company's financial statements, citing legal and professional obligations. Despite the developments, Super Micro has indicated no expected changes to previously issued financial statements. The company plans to provide a Q1/FY2025 business update next week. However, it’s surprising that management didn’t include preliminary Q1 results in Wednesday's announcement, which could have mitigated the negative impact on its stock. Super Micro is nearing a Nasdaq deadline to either regain compliance with listing requirements or submit a plan. With the auditor’s unexpected departure, it may be difficult for the company to present a viable plan, raising the risk of a near-term delisting. This resignation comes at a critical time for Super Micro, as its rapid growth requires substantial working capital. Based on management’s projections, FY2025 cash needs could reach up to $3 billion, likely necessitating additional capital early next year. However, raising funds without audited financials could be challenging, potentially forcing Super Micro to relinquish market share to competitors like Dell Technologies or Hewlett Packard Enterprise. In my view, EY’s departure increases the likelihood of a prolonged accounting review, which could hinder Super Micro’s ability to secure funding for anticipated growth. Therefore, it is crucial for the company to report strong preliminary Q1/FY2025 results and present a positive outlook next week. Super Micro Computer’s troubles continue, as its auditor resigned due to concerns over management’s integrity and the Audit Committee's independence. This situation makes it unlikely for the company to achieve compliance with Nasdaq requirements soon, raising the potential for a near-term delisting. With a need to re-enter the capital markets in early 2025, audited financials remain essential. A failure to secure funding could result in significant market share loss to major competitors like Dell Technologies and Hewlett Packard Enterprise. Given these challenges, the increased risk of prolonged financial review, and a likely near-term delisting, I am reaffirming my "Sell" rating on Super Micro Computer's common shares.
NASDAQ:SMCIShort
by moonypto
2
SMCI is -85% a buy opportunity while accounting issues continue?Super Micro Computer Inc (SMCI) still haven't found a new Auditing Firm, after it was announced last week that Ernst & Young left them raising governance and management communication issues. Yesterday's Low represents almost a -85% drop from the March $122.50 All Time High (ATH). So is this level a bargain and a buy opportunity for long-term investors? Well while the company hasn't filed the necessary paperwork to meet the regulatory requirements to remain listed on the stock market and no auditor is hired to confirm and signs their reports, investor confidence will remain low (to say the least). It appears that SMCI has turned into the new short favorite for Hedge Funds and that's never ideal. Technically though, the stock hit yesterday its 1W MA200 (orange trend-line) for the first time in 4 years (since October 26 2020)! With that contact, the price initiated a strong multi-week rally that made a new High. This is a textbook buy for long-term investors. Of course it is all about risk and money management and since regulatory risks remain, the capital invested best to be less than usual. Another technical factor supporting a buy on these levels is the 1W RSI, which got oversold (<30.00) for the first time since the weeks of March 16 2020 (almost 31.50) and October 01 2018 (U.S. - China trade wars). Both these times, SMCI kick-started enormous rallies. The October 01 2018 bottom in particular is the starting date of the Fibonacci Channel Up on this chart, which encompasses SMCI's logarithmic growth these past years. As a result the company has only experienced 3 major long-term buy opportunities with the most recent 4 years ago. At the same time, yesterday's Low didn't only make contact with Fibonacci 1.0 of the Channel Up (i.e. the initial top until the price turned parabolic and broke-out) but also almost touched the 0.382 horizontal Fib level, starting all the way from October 2018. It is obvious that purely from a technical perspective such levels are as good as a buy can get. Proper risk management and an exit strategy are needed (in case of delisting) and long-term investors can be patient and take their time to target the $122.50 High again for enormous gains (could take even 1 year). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:SMCILong
by TradingShot
2
Jesus christ!This is the classic example of how a company can lose value when several factors come together. We have an analysis that mentions an issue within the board, an auditor who resigns arbitrarily, and a company that makes billions of dollars with a very good sales report, profit margin, etc. Technically speaking, the scenario is set for the company to potentially reach 60K. The company states that it found no traces of corruption within and is willing to do whatever is necessary to offer confidence to its investors. The only issue putting pressure on the stock price is the fact that they were unable to specify when they will present their 10-K form. This is why we are seeing this drop, which technical analysts are taking advantage of to create the perfect scenario for a major increase. So, yes, I think it is a must-get
NASDAQ:SMCILong
by AllAboutMoney
SMCI after the resignation of E&YSuper Micro Computer's stock has recently experienced significant volatility, particularly following the resignation of its chief accountant. This event has raised concerns among investors, contributing to a notable decline in the company's stock price. The resignation was part of a broader context of challenges faced by Super Micro, including a federal investigation that has been ongoing since September 2024, which has further pressured the stock. In the wake of the accountant's departure, Super Micro's shares fell sharply, reflecting investor anxiety over the company's governance and financial oversight. This decline is compounded by previous fluctuations in the stock, including a substantial drop of 28.6% earlier in September due to various market pressures and concerns about the company's performance and future prospecs. The combination of these factors has led to a cautious outlook among analysts and investors alike. Many are now closely monitoring the situation, particularly as Super Micro prepares to report its earnings soon. The market's reaction to these developments will likely influence the stock's trajectory in the coming weeks.
NASDAQ:SMCI
by j_arrieta
Super Micro Computer (SMCI): Strong Entry After Stock SplitSo far, we’re seeing a strong entry on NASDAQ:SMCI following the 1:10 stock split at the beginning of October. The stock has experienced a relief pump of about 20%, which is a solid move in the right direction. 🔥 Super Micro Computer announced on Monday that it’s currently shipping over 100,000 graphics processors per quarter. Additionally, the company introduced a new suite of liquid cooling products, which further fueled its shares, pushing them up 14% after weeks of slumping. If these gains hold, Super Micro is on track to add more than $3 billion to its market value. At this point, the first resistance level has been met, and we are closely monitoring how the stock reacts. If NASDAQ:SMCI can reclaim and stay above this level, it will likely move toward the next resistance area, offering more potential for upside. As always, we’re keeping a close eye on developments and will update you with any new moves.
NASDAQ:SMCILong
by freeguy_by_wmc
3
SMCI Is it a buy after -35% dip and the leave of their auditors?Super Micro Computer is oversold on all timeframes and is approaching that level even on 1W (RSI = 35.160, MACD = -7.190, ADX = 44.214). The reason for the -35% daily collapse is of course the resignation of their auditors, Ernst & Young, which have raised concerns over SMCI's governance since late July. News have even hit the market that there are fears of delisting. Now fundamentally, even though the street has seen its fair share of accounting frauds in the past, those make up only a tiny minority. Normally when such pessimistic news hit the market, long term investors should be viewing the dynamics objectively. Is it worth buying despite all the negatives? A quick answer can be given by just looking at the technicals. Any high cap stock that falls roughly -75% from its All Time High (ATH) is objectively a great long term investment opportunity. For SMCI in particularly it has almost lost -75% of its value in 8 months, with the company absorbing almost any negative news there could be out there. The price is right now at $33.00 with its 1W MA200 currently sitting at $22.95 (and rising), which is the long term support since April 20th 2020. Before that trendline, there is the HL 2 to consider that started on July 5th 2022. In the meantime, the 1W RSI is testing sideways the S1 Zone, a buy level that is holding since July 2015. It has to be said that the -75% decline is SMCI strongest within such period of time, with the most recent before it being during the U.S.-China trade wars (October 1st 2018 at -68.30%). That collapse recovered in 6 months as it reached its 0.786 Fibonacci level. If SMCI announces soon their new auditing firm and calm the market about their practices, there is a strong probability to see the price testing the current 0.786 Fib (TP = 90.00). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:SMCI
by InvestingScope
1
SMCI at a Critical Support: Will Buyers Return?In the daily time frame, SMCI is approaching a key support zone, highlighted in green. This area previously acted as strong resistance, with several attempts to break above it. Although the price hasn’t returned to this zone yet, I believe once it does, buyers could step in again. This level has proven significant before, and if the price revisits this support, it could present a potential buying opportunity. Keep an eye on this zone, as it may signal a shift in momentum if buyers come back. This version reflects that the price hasn’t yet revisited the support zone.
NASDAQ:SMCILong
by WaveRiders2
SMCI: Stock Split with Chart UpdateSMCI had a stock split, so I have to update this chart. Light Fundamental: It is a stock called SMCI (or Super Mico Computer). It is a US company that makes super powerful computers and servers. The world needs servers to help run things like big websites, apps, and AI. The stock price fell by half. So, it is selling at a discount for what it is really worth. So, it is a good chance to buy it. Technicals: Gartley-like pattern diagonal support engulfing bullish pattern with d3 volume and volume confirmation a-b-c completion at a 78.2% fib pullback Entry is above the weekly engulfing bullish candle at 475.44. Target is, tentatively, 1500. Note: preparing for either an election rally or a Christmas rally in stocks
NASDAQ:SMCILong
by Rocketman
Shorts Trapped Into Insider Selling | DELL I've been actively trading DELL with my private community members and I believe the company is gearing up for another positive run. Despite the news about Michael Dell selling more shares, which may have trapped some short-sellers, DELL is making strategic moves such as reducing costs, rejoining the S&P500, and aiming to capture market share from SMCI. With this in mind, I see two potential entry points: a. Enter the trade above $121.50, aiming for $127. b. Enter the trade once it breaks $127, targeting $138. Personally, I prefer the second option. DM me with any questions!
NYSE:DELLLong
by MysticMads
Super Micro Computer (SMCI): Time to buy in after a -70% drop!Since our first analysis a while ago, we've been inching closer and closer to our target area on $SMCI. Since then, we've seen a price drop of 40%, which is far from irrelevant, with the stock retracing nearly 70% from its peak. We're witnessing a clear and recurring pattern here—what we call the "staircase to hell." Each push to a level has been met with rejection, which is exactly why we see a buying opportunity forming. We are now making our first bid here as a market entry. This is intended to be a swing trade that we plan to carry into 2025, with a target of reaching previous highs again. Therefore, we're not worried about getting a "perfect" entry within 1-2% but instead setting a DCA bid a bit lower for an optimal position if NASDAQ:SMCI comes down further. Below the market entry, there's an important Fibonacci cluster that combines the 200% target of Wave C, the 78.6% retracement of Wave (2), and a target for Wave ((v)), all aligning well. With these multiple levels coinciding, there's a strong possibility we will see the price reach this zone. If so, we’ll place another bid to buy more shares. If NASDAQ:SMCI manages to flip the first resistance, we expect it to move up quickly. As we always say, patience is the key to successful swing trading—don’t let greed or fear cloud your decisions 🤝.
NASDAQ:SMCILong
by freeguy_by_wmc
10