SMART Global Holdings Reports Third Quarter Fiscal 2021 Financial Results

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SMART Global Holdings (SGH) PT Raised to $75 at Needham & Company

July 7, 2021 6:59 AM EDT

Needham & Company analyst Rajvindra Gill raised the price target on SMART Global Holdings (NASDAQ: SGH) to $75.00 (from $65.00) while maintaining a Buy rating.

The analyst commented, "SMART Global came in with a strong beat-and-raise quarter, exceeding previous sales and margin guidance... More

SMART Global Holdings (SGH) PT Raised to $66 at Stifel

July 7, 2021 6:20 AM EDT

Stifel analyst Brian Chin raised the price target on SMART Global Holdings (NASDAQ: SGH) to $66.00 (from $62.50) while maintaining a Buy rating following Q3 results.

The analyst noted:

We expect a strong stock reaction with F3Q results and the F4Q(Aug)... More

SMART Global Holdings, Inc. (SGH) Tops Q3 EPS by 30c, Offers Q4 Guidance

July 6, 2021 4:15 PM EDT

SMART Global Holdings, Inc. (NASDAQ: SGH) reported Q3 EPS of $1.39, $0.30 better than the analyst estimate of $1.09. Revenue for the quarter came in at $437.7 million versus the consensus estimate of $415.57 million.

GUIDANCE:

SMART Global Holdings, Inc. sees Q4 2021 EPS of $1.45-$1.75,... More