$SUPER MICRO COMPUTER INC(SMCI)$
SMCI's Stellar Surge: A Trader's Goldmine
Kia ora Tiger traders. $SMCI hit $923 – that was the crucial red line to watch. It needs $923 for the move up!
$SMCI is performing strongly with a current price of $916.00, up by 1.85%. The latest earnings estimate shows revenue at $5.29B and EPS at 8.099, indicating significant growth. Analyst recommendations show a 53% buy rating, with the stock historically showing an average upside of 10.74%.
Let's leverage these insights to make informed trading decisions and aim for success!
Happy trading ahead Cheers, BC 🍀
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Super Micro Computer Inc. (SMCI) Stock Analysis
1. Business Overview:Super Micro Computer Inc. is a leading provider of high-performance, high-efficiency server and storage solutions. The company designs, develops, and manufactures application-optimized server solutions based on a modular and open architecture. Super Micro Computer Inc. operates in the technology industry and is expected to benefit from the increasing demand for data storage and processing solutions.
2. Earnings Analysis:
Latest Earnings Estimate: The latest earnings estimate shows revenue at $5.29 billion and EPS at 8.099. This indicates significant growth potential for the company.
Earnings Forecast: The earnings forecast for Super Micro Computer Inc. suggests positive growth in the coming years. For the fiscal year 2024, the forecasted EPS is $23.86, with a forecasted gross income of $14.93 billion and a forecasted EBIT of $1.63 billion. The forecasted EPS for the fiscal year 2025 is $33.96, with a forecasted gross income of $24.07 billion and a forecasted EBIT of $2.57 billion. The forecasted EPS for the fiscal year 2026 is $41.83, with a forecasted gross income of $28.89 billion and a forecasted EBIT of $3.27 billion.
3. Trend Analysis:
Support and Resistance Price: As of July 8, 2024, the support price for SMCI is $867.0 (USD), and the resistance price is $902.0 (USD).
Stock Price: As of July 10, 2024, the stock price for SMCI is $914.51 (USD).
4. Analyst Recommendations:
Analyst Target Price: Analysts have provided target price estimates for SMCI. The mean target estimate is $1023.42 (USD), with a low estimate of $285.0 (USD) and a high estimate of $1500.0 (USD).
Analyst Recommendation: Analyst recommendations for SMCI show a 53% buy rating, indicating positive sentiment towards the stock. It is important to note that past performance does not guarantee future results.
5. Capital Flow Analysis:
Capital Flow Data (5 Day): The capital flow data for the past 5 days shows fluctuations in the capital flow. On July 1, there was a net inflow of 9899.76 thousand units (K). On July 2, there was a net outflow of 42882.48 thousand units (K). On July 3, there was a net inflow of 2392.66 thousand units (K). On July 5, there was a net outflow of 12266.42 thousand units (K). On July 8, there was a significant net inflow of 179182.89 thousand units (K).
Capital Flow Data (1 Day): On a daily basis, there have been both inflows and outflows of capital. The big inflow was 96.07 million (M), the median inflow was 77.71 million (M), and the small inflow was 954.36 million (M). The big outflow was 65.21 million (M), the median outflow was 74.16 million (M), and the small outflow was 936.00 million (M).
Please note that the above analysis is for informational purposes only and should not be considered as investment advice. It is important to conduct thorough research and analysis before making any investment decisions. The stock market is subject to inherent risks and fluctuations in stock prices. Investors should exercise caution and make independent judgments based on their own assessment of the market and individual stocks.