Super Micro Computer Stock Plummets 7.89% Despite 82nd Ranking in Trading Volume

On April 3, 2025, Super Micro Computer, Inc. (SMCI) experienced a significant decline, with its stock price dropping by 7.89%. The trading volume for the day was 14.46 billion, placing it at the 82nd position in the overall market rankings.

In the fiscal year 2024, SMCI reported an impressive 110% year-over-year revenue growth. Additionally, the company's GAAP net income surged by 80% compared to the previous year. This strong financial performance reflects the company's robust growth trajectory over the past few years.

In October 2024, Super Micro Computer completed a 10-for-1 stock split, which is expected to make the stock more accessible to a broader range of investors. This move is part of the company's strategy to enhance liquidity and attract more investors.

Analysts on Wall Street have a mixed outlook on SMCI, with a consensus rating of Hold. This rating is based on four Buy, four Hold, and two Sell recommendations over the past three months. The average price target for SMCI is $49, suggesting a potential upside of 39.64%.