How to Buy Super Micro Computer Stock
Super Micro Computer Inc
Super Micro Computer, Inc. , together with its subsidiaries, develops and manufactures high-performance server and storage solutions based on modular and open architecture.
Super Micro Computer stock last closed at $47.80, up 2.86% from the previous day, and has increased 54.76% in one year. It has overperformed other stocks in the Computer Hardware industry by 0.03 percentage points. Super Micro Computer stock is currently +110.95% from its 52-week low of $22.66, and -61.11% from its 52-week high of $122.90.
There are currently 585.57M shares of SMCI outstanding. The market value of SMCI is $27.99B. In the past 24 hours, 34.93M SMCI shares were traded.
How to Buy Super Micro Computer Stock
Not sure how to invest in Super Micro Computer stock? Here's how.
- Decide where to buy Super Micro Computer stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you decide where to buy Super Micro Computer stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Pick your method of payment and add your info.
- Evaluate Super Micro Computer stock: The Super Micro Computer ticker symbol is SMCI. Is Super Micro Computer stock a good investment? Should you buy shares of SMCI? How do SMCI's underlying business fundamentals look? Do top analysts think Super Micro Computer is a good buy? Why has SMCI's stock price moved recently? (Hint: Our stock research tools can help you figure out if SMCI is a good stock to buy).
- Execute your SMCI purchase: Decide if you will purchase SMCI shares at the current market price or use a limit order to buy SMCI shares at a specific price.
- Track your investment in SMCI: Create a watchlist to important notifications about your new investment in Super Micro Computer stock.
Step 1: Decide where to buy Super Micro Computer stock
You need a brokerage account to access the NASDAQ market and buy SMCI shares.
Our favorite brokerage: eToro
We believe that eToro is the best place to buy stocks. Here's why:
- You can invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to global financial markets: From Technology to Healthcare, New York to Hong Kong — you can fill your portfolio with stocks from the globe's leading exchanges.
- Social investing: eToro offers a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by signing up for an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal information so you can buy SMCI today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to open a new brokerage account.
- Submit your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have finished signing up on the best stock trading app, you need to deposit funds:
Watch the walkthrough below for more details depositing funds into your investment account.
Step 4: Evaluate Super Micro Computer stock
Once you have figured out the best place to buy Super Micro Computer stock, it's very important to evaluate their stock before you invest, so you can wrap your head around the risk and opportunity.
Super Micro Computer shares at a glance
Fundamentals of SMCI
WallStreetZen was built to help everyday investors do more accurate fundamental analysis.
You can see all of the due diligence checks on SMCI's stock page.
Is SMCI stock undervalued?
You can use many financial metrics, analyses, models, and charts to gauge SMCI's true value.
Using relative valuations metrics:
- SMCI could be undervalued based on its P/E ratio of 24.86x, relative to Computer Hardware industry P/E ratio of 36.03x
- SMCI may be undervalued based on its P/B ratio of 5.49x, relative to Computer Hardware industry P/B ratio of 13.95x
- SMCI may be overvalued based on its PEG ratio of 1.13x
You can do more valuation analysis on SMCI's stock here.
SMCI Financial Summary
Pros:
- There are more short-term assets than short-term liabilities on the SMCI balance sheet.
- SMCI has cash burn of 1971968000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the SMCI balance sheet.
- Total SMCI debt is lower than 5 years ago, relative to shareholder equity.
Cons:
- SMCI has a relatively high debt to equity ratio of 0.74.
- SMCI profit margin of X% has stayed the same in the past year.
- SMCI has $2.12B in cash and short term investments. This is not enough to cover its annual cash burn of $1.97B.
Is SMCI stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 12 Equities analysts who give recommendations on SMCI, the consensus analyst rating on Super Micro Computer is a Hold
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Most Recent SMCI Analyst Forecasts
Shreya Gheewala, an analyst from CFRA downgrades SMCI to a hold rating and lowers their SMCI price target from $72.90 to $45.40, on Aug 28, 2024.
Aaron Rakers, a top 1% analyst from Wells Fargo maintains SMCI with a hold rating and lowers their SMCI price target from $65.00 to $37.50, on Aug 28, 2024.
Wells Fargo's Aaron Rakers lowered their price target on Super Micro Computer (NASDAQ: SMCI) by 42.3% from $650 to $375 on 2024/08/28. The analyst maintained their Hold rating on the stock.
Contextualizing their price target move, Rakers noted that the price of Super Micro Computer stock is under significant pressure after it was announced that the company will not file its Form 10-K Annual Report for FY 2024 report on time.
The analyst added that the announcement came after Hindenburg Research published a short report highlighting accounting issues at Super Micro Computer.
Rakers detailed that their price target cut reflects uncertainty caused by the Hindenburg Research report and concern over revenue recognition, "particularly given Super Micro's history."
Michael Ng, a top 7% analyst from Goldman Sachs maintains SMCI with a hold rating and lowers their SMCI price target from $77.50 to $67.50, on Aug 8, 2024.
Ruplu Bhattacharya, a bottom 18% analyst from Bank of America downgrades SMCI to a hold rating and lowers their SMCI price target from $109.00 to $70.00, on Aug 7, 2024.
Hans Mosesmann, a top 1% analyst from Rosenblatt maintains SMCI with a strong buy rating and maintains their SMCI price target from $130.00 to $130.00, on Aug 7, 2024.
You can dig deeper into what analysts are saying on the Super Micro Computer stock forecast page.
Metrics for Advanced SMCI Traders
SMCI Earnings
Last year, SMCI earnings were $1.05B. Over the past 5 year, SMCI's earnings have grown by 66.34% per year. This was faster than the Computer Hardware industry average of 39.21%.
Last year, SMCI revenue was $11.82B. During the past five year, SMCI's revenue has increased by 26.65% per year. This was faster than the Computer Hardware industry average of 12.23%.
Find out more about SMCI's earnings and revenue performance here.
Are SMCI insiders buying or selling the stock?
Over the past year, executives and large shareholders at SMCI have sold more shares than they have bought.
Don W. Clegg, SVP Worldwide Sales of SMCI, was the latest SMCI insider to sell. They sold $26,455.52 worth of SMCI shares on Aug 10, 2024.
Research more about who owns SMCI stock here.
Does SMCI stock generate passive income?
No, Super Micro Computer doesn't provide an income stream by paying out dividends.
SMCI Social Trading Data
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Execute your SMCI purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular price, place a limit order.
Click the Open Trade button and eToro will place your order.
If you require more info about investing in stocks on eToro, click the helpful video below:
Step 6: Track your investment in SMCI
Now that you own some shares in SMCI, you'll want to keep up with your company.
Create a watchlist to track your SMCI stock.
SMCI Feed
How to Buy Stock in Super Micro Computer
To reiterate, here are the 6 steps to buy stock in Super Micro Computer:
- Decide where to buy Super Micro Computer stock
- Create your brokerage account
- Deposit money your brokerage account
- Evaluate Super Micro Computer stock
- Execute your SMCI purchase
- Track your investment in SMCI
If you need a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep track of your investment in Super Micro Computer, click below.
More Articles You May Like
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.