Super Micro Down 60% Since Joining S&P 500, Barclays Drops Bull Stance On 'Customer Erosion And Weak AI Server Margins'
Super Micro Down 60% Since Joining S&P 500, Barclays Drops Bull Stance On 'Customer Erosion And Weak AI Server Margins'
Hardware producer Super Micro Computer Inc. (NASDAQ:SMCI) has seen its stock plummet 60% since joining the S&P 500.
硬件生产商Super Micro Computer Inc.(纳斯达克:SMCI)自加入标普500指数以来,股价暴跌60%。
The company's woes deepened after a recent downgrade from Barclays. Super Micro, which makes servers and motherboards, now faces mounting concerns around margins, internal controls, and competitive positioning in the rapidly growing AI sector.
该公司在巴克莱最新降级之后陷入困境。Super Micro是一家制造服务器和主板的公司,现在面临着与利润率、内部控制和在快速增长的人工智能行业中的竞争地位相关的问题。
Last month, short-seller Hindenburg Research accused Super Micro of "accounting manipulation," causing the stock to drop as much as 26%. Since then, it hasn't recovered much.
上个月,空头机构Hindenburg Research指控Super Micro存在"会计操纵",导致股价下跌了26%。此后股价没有回复多少。
Super Micro's market cap went from $35 billion to, at last check Thursday, $24 billion.
Super Micro的市值从350亿美元下降到上周四的240亿美元。
Read Also: Super Micro Computer Stock Falls On Short Report: Hindenburg Says Company Has 'Accounting, Governance And Compliance Issues'
阅读更多:Super Micro Computer股价因卖空报告下跌:Hindenburg称该公司存在"会计、治理和合规问题"
Barclays added to the pressure, downgrading the stock from Overweight to Equal Weight Wednesday, cutting the price target from $693 to $438. The downgrade was driven by concerns over "weak AI server margins", "customer erosion", and uncertainty over future orders tied to Nvidia Corp's (NASDAQ:NVDA) GB200 system.
巴克莱加大了压力,在上周三将股票评级从超重调降为等权,并将股价目标从693美元下调至438美元。调降原因是对"弱AI服务器利润率"、"客户流失"以及与Nvidia Corp(纳斯达克:NVDA)的GB200系统有关的未来订单的不确定性感到担忧。
Analyst George Wang said the company's "weaker competitive positioning in GB200 era" and "a lack of transparency with investors has been one of the pushbacks for the SMCI story."
分析师George Wang表示,公司在GB200时代的"竞争地位较弱","与投资者缺乏透明度是SMCI故事的障碍之一"。
Super Micro's delaying the filing of its 10-K report has further amplified these concerns, raising questions about Super Micro's governance and internal controls. Although the company has shown strong year-over-year revenue growth, investors are cautious due to these underlying risks.
Super Micro延迟提交10-k报告进一步放大了这些担忧,引发了对Super Micro治理和内部控制的质疑。尽管该公司显示了强劲的年度营业收入增长,但投资者对这些潜在风险持谨慎态度。
While there's still a bullish case for long-term AI growth, the current risk/reward profile for the company appears balanced.
虽然对人工智能长期增长仍持看好态度,但公司当前的风险/回报比看起来是平衡的。
With the stock continuing to struggle post-S&P 500 inclusion, Super Micro faces significant hurdles in regaining investor trust.
随着股价继续在纳斯达克500指数纳入后困难重重,超微电脑在恢复投资者信任方面面临重大障碍。
- SMCI CEO Addresses Short Report, Delayed Filing In Letter To Customers And Partners
- 超微电脑CEO在致客户和合作伙伴的信函中就盈利报告缺失、延期提交进行表态。
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图片:shutterstock