Super Micro Computer Stock Up Over 15% in Past Month Despite Slight Pullback; EPS Growth Expected in Upcoming Earnings
• Super Micro Computer (SMCI) stock closed down 1.59% while broader markets were up • SMCI stock is up 15.67% over the past month, outpacing sector and S&P 500 • SMCI expected to post strong EPS and revenue growth in upcoming earnings report • Analysts have positive estimate revisions for SMCI recently, signaling confidence • SMCI trades at a premium valuation compared to industry averages