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Posted by
Two Blokes May 3 -
Filed in
Stock
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1 view
Super Micro's stock dropped 12% after reporting preliminary Q2 sales of $4.5-4.6 billion, below the $5-6 billion target, yet sales grew 18% YoY. Despite a profit downgrade and margin pressure, Super Micro remains profitable and is valued attractively at a 9.1x profit multiple, similar to Dell and HP Enterprise. The server and storage market is projected to grow significantly, driven by AI deployment, providing long-term tailwinds for Super Micro's sales and profitability.
