The fair price of SMCI at $38 is reasonable for the early price of 2025.
Others are greedy when I'm fearful, and others are fearful when I'm greedy! SMCI's office buildings in Silicon Valley have increased from one building to more than a dozen, with explosive growth in employees and production capacity. The SMCI office buildings added on both sides of Highway 880 in Silicon Valley are being watched by all. Fixed assets have been consistently rising, the company's performance has doubled, and the stock has fallen to the price in December 2022. It is indeed a good time to buy. Currently, the P/E ratio is 10 times. Even if there are some financial errors, they will not exceed a 20% margin of error. And the stock price has already dropped by 50%. As long as you have the patience to hold, the market will eventually reflect the true value of the company's performance. A valuation of $38 is reasonable.
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