Super Micro Computer Inc (NASDAQ:SMCI) shares are lower by 5.5% over the trailing week. The company on Tuesday reported fourth-quarter financial results, issued strong guidance and authorized a 10-for-1 forward stock split.

What Happened?

Super Micro Computer reported its fourth-quarter financial results for fiscal year 2024. The company posted $5.31 billion in revenue, aligning with estimates, and earnings of $6.25 per share, which fell short of analyst expectations of $8.10 per share.

Fiscal 2024 revenue increased by 110% year-over-year, driven by strong demand for AI infrastructure. Gross margin was 11.2%, and the company ended the quarter with $1.67 billion in cash. The board approved a 10-for-1 stock split effective Oct. 1.

For the first quarter of fiscal 2025, Super Micro forecasts revenue between $6 billion and $7 billion, with earnings per share ranging from $6.69 to $8.27. Fiscal year 2025 revenue is projected to be between $26 billion and $30 billion.

Read Also: Super Micro Shows Margin Weakness Despite Strong AI Demand: Analyst

How To Buy SMCI Stock

By now you're likely curious about how to participate in the market for Super Micro Computer – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy 'fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, or Amazon.com, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.

In the the case of Super Micro Computer, which is trading at $506.24 as of publishing time, $100 would buy you 0.2 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to 'go short' a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

According to data from Benzinga Pro, SMCI has a 52-week high of $1,229.00 and a 52-week low of $226.59.