Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top
Nasdaq hits 20k, adjustment looms: Who will stand out?
Views 4.1M Contents 173

SMCI will not be removed from the Nasdaq-100

1. Market Capitalization Still Within Range
SMCI’s current market capitalization of approximately $22.4 billion places it near the lower end of the Nasdaq-100, but it is still competitive compared to other companies in the index.
Nasdaq’s inclusion criteria often allow for buffer zones, meaning companies ranked in the top 125 by market cap (not strictly the top 100) may remain to avoid frequent turnover. SMCI’s market cap suggests it remains within this range.

2. Industry Representation
The Nasdaq-100 values representation across key growth industries.
SMCI is a major player in high-performance computing and AI hardware, sectors that are central to technological innovation.
Removing SMCI would reduce the representation of this vital industry in the index, which goes against Nasdaq’s strategy of highlighting the leaders in innovation.

3. Recent Price Dip Does Not Reflect Fundamentals
SMCI’s recent stock price decline is primarily driven by temporary market sentiment, not a deterioration in business fundamentals.
The company’s revenue and growth potential in AI and data center markets remain robust, indicating it still qualifies as a key growth company for the Nasdaq-100.

4. Sufficient Liquidity and Trading Volume
One of the Nasdaq-100’s criteria is active trading and liquidity, which SMCI meets comfortably.
SMCI remains a highly traded stock, ensuring its eligibility on this front.

5. No Precedent for Immediate Removal Due to Accounting Delays
While the financial reporting delay and auditor changes raised concerns, SMCI has not been found guilty of misconduct or fraud, and Nasdaq has granted the company an extension to file its reports.
Nasdaq historically does not remove companies for such delays as long as they remain compliant and address the issues within the extension period.

6. Historical Trends in Nasdaq-100 Removals
Companies are typically removed from the Nasdaq-100 when they experience severe market cap deterioration, sustained underperformance, or industry irrelevance.
SMCI does not meet any of these criteria. Its financials, market position, and relevance in high-growth markets suggest it is far from being disqualified.

Conclusion

SMCI’s removal from the Nasdaq-100 is unlikely. The company’s solid market cap, industry significance, liquidity, and manageable accounting challenges support its continued inclusion. The recent price dip creates a buying opportunity for investors confident in SMCI’s long-term growth story.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
10
3
1
1
+0
4
Translate
Report
13K Views
Comment
Sign in to post a comment