Super Micro Computer (SMCI) Stock Price

Financial Performance

Super Micro Computer's financial performance has shown a substantial increase in revenue, with a growth of 150.4% YoY and an increase of 37.9% from the previous quarter. The gross profit was $596.3M, which is slightly down by -0.2% from the last quarter, suggesting a marginal decrease in profitability. However, the operating income also decreased by -9.2%, indicating potential challenges in managing operational costs or lower-than-expected sales volume.

Stock Price and Technical Indicators

The stock price is currently trading at $29.43 which shows a significant drop of -93.8% YoY and -19.3% over the past month indicating bearish market sentiment for Super Micro Computer's stock among investors recently.

The RSI value stands at 37.58, suggesting that the stock is nearing oversold territory which might indicate an upcoming reversal if other factors are supportive as well.

The stock's current price is significantly below its 200-day moving average ($57.52), another bearish signal for investors.

Alternative Data Signals

In terms of alternative data signals, website traffic trends show an increase of +5.4% MoM but have fallen by -7.2% YoY; this could suggest varying levels of online interest in the company over time.

The number of job openings has decreased both MoM (-4..8%) and YoY (-21..1%), potentially showing some contraction or consolidation within the company.

Around 61% employees report having a positive business outlook even though it has dropped slightly by -1..6%, indicating overall employee confidence despite some recent challenges.

Social media followers have increased significantly on Twitter and Instagram over the last 90 days which could be a positive signal for brand awareness and customer engagement.

Conclusion

In conclusion, despite strong revenue growth, Super Micro Computer's stock performance has been bearish due to significant price drop and negative investor sentiment. However, some alternative data signals such as social media following indicate potential for future growth.

Note: This AI Stock Analysis is based on data as of January 27. Our members can refresh and get access to an up-to-date AI stock analysis.

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Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of Super Micro Computer (SMCI), currently trading at $56.07, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.