Is Super Micro Computer Stock a Buy Right Now?

By Neil Rozenbaum – May 2, 2024 at 7:30AM

NASDAQ: SMCI

Super Micro Computer

Market Cap

$53B

Today's Change

(-5.04%) -$47.96

Current Price

$904.40

Price as of May 16, 2024, 4:00 p.m. ET

SMCI stock crashed 15% after reporting its latest earnings results.

In this video, I will go over Super Micro Computer's (SMCI -5.04%) third-quarter earnings, some comments from the call, and some from analysts.

*Stock prices used were from the trading day of May 1, 2024. The video was published on May 1, 2024.

Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.