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.
硬件生產商Super Micro Computer Inc.(納斯達克:SMCI)自加入標普500指數以來,股價暴跌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.
該公司在巴克萊最新降級之後陷入困境。Super Micro是一家制造服務器和主板的公司,現在面臨着與利潤率、內部控制和在快速增長的人工智能行業中的競爭地位相關的問題。
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.
上個月,空頭機構Hindenburg Research指控Super Micro存在"會計操縱",導致股價下跌了26%。此後股價沒有回覆多少。
Super Micro's market cap went from $35 billion to, at last check Thursday, $24 billion.
Super Micro的市值從350億美元下降到上週四的240億美元。
Read Also: Super Micro Computer Stock Falls On Short Report: Hindenburg Says Company Has 'Accounting, Governance And Compliance Issues'
閱讀更多:Super Micro Computer股價因賣空報告下跌:Hindenburg稱該公司存在"會計、治理和合規問題"
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.
巴克萊加大了壓力,在上週三將股票評級從超重調降爲等權,並將股價目標從693美元下調至438美元。調降原因是對"弱AI服務器利潤率"、"客戶流失"以及與Nvidia Corp(納斯達克:NVDA)的GB200系統有關的未來訂單的不確定性感到擔憂。
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."
分析師George Wang表示,公司在GB200時代的"競爭地位較弱","與投資者缺乏透明度是SMCI故事的障礙之一"。
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延遲提交10-k報告進一步放大了這些擔憂,引發了對Super Micro治理和內部控制的質疑。儘管該公司顯示了強勁的年度營業收入增長,但投資者對這些潛在風險持謹慎態度。
While there's still a bullish case for long-term AI growth, the current risk/reward profile for the company appears balanced.
雖然對人工智能長期增長仍持看好態度,但公司當前的風險/回報比看起來是平衡的。
With the stock continuing to struggle post-S&P 500 inclusion, Super Micro faces significant hurdles in regaining investor trust.
隨着股價繼續在納斯達克500指數納入後困難重重,超微電腦在恢復投資者信任方面面臨重大障礙。
- SMCI CEO Addresses Short Report, Delayed Filing In Letter To Customers And Partners
- 超微電腦CEO在致客戶和合作夥伴的信函中就盈利報告缺失、延期提交進行表態。
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