Supermicro® Schedules Conference Call and Webcast for Fourth Quarter and Fiscal 2016 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- S&P 500, Nasdaq futures tick up as tech steadies, Micron earnings eyed
- Brent extends losses on expectations of smoother crude flows via Hormuz
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Needham & Company Cuts Price Target on Super Micro Computer (SMCI) Ahead of 4Q and Announced Buyback
July 19, 2016 7:09 AM EDTNeedham & Company maintained a Buy rating on Super Micro Computer (NASDAQ: SMCI), and cut the price target to $25.00 (from $31.00), following the company's negative 4Q preannounced. SMCI expects revenue of $520-524M, compared to previous guidance for $580-640M. The company now expects NG EPS of $0.15-0.17 vs. guidance for $0.46-0.58. SMCI also... More
DA Davidson Downgrades Super Micro Computer (SMCI) to Neutral
July 19, 2016 6:54 AM EDTDA Davidson downgraded Super Micro Computer (NASDAQ: SMCI) from Buy to Neutral with a price target of $19.00 (from $35.00).
For an analyst ratings summary and ratings history on Super Micro Computer click here. For more ratings news on Super Micro Computer click here.
Shares of Super Micro Computer closed at $26.34 yesterday.
... MoreUPDATE: Stifel Downgrades Super Micro Computer (SMCI) to Hold
July 19, 2016 6:53 AM EDT(Updated - July 19, 2016 7:42 AM EDT)
Stifel downgraded Super Micro Computer (NASDAQ: SMCI) from Buy to Hold and removed its price target (prior $35.00). The change follows the company's negative preannouncement.
"While we previously maintained our belief that the fundamental story had not materially changed after prior negative pre-announcements from Supermicro, given the significant 14% revenue shortfall (i.e. difference of $88 million between $522 million mid point of revised guidance vs. $610 million... More
