summary
The shares of Super Micro Computer (Super Micro Computer) sold off after reaching $1,000 per share, but fundamental analysis showed that this sell-off was unreasonable.
Demand for SMCI's products is expected to remain strong due to major technology companies investing heavily in artificial intelligence infrastructure.
SMCI's guidance forecast for the next quarter and the full fiscal year shows that the company's revenue growth and profitability will expand significantly.
The discounted cash flow (DCF) analysis compiled by Xiaobian shows that SMCI's stock is undervalued by more than 70%.
introductory
This year, ultra-microcomputer stocks once surpassed $1,000 per share, but this price became a strong resistance level, and the stock price failed to maintain this psychological price. The past rise in stock prices stemmed from various factors such as strong industry growth, SMCI's outstanding performance in the industry, and strategic cooperation with leading semiconductor companies. However, although these bullish factors were further strengthened in the third quarter of FY2024, the stock price fell further after the release of the latest earnings report due to investor uncertainty about the sustainability of AI-driven growth. Investors began to make a profit settlement, and the stock was under further selling pressure.
However, as an investor who only relies on fundamentals, I tend to ignore non-fundamental factors in stock price fluctuations. Through analysis, Xiaobian found that the stock still has a big advantage, and the updated valuation analysis shows that the stock is still...

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