Why Super Micro Computer Stock Is Plummeting This Week

Super Micro Computer (NASDAQ: SMCI) stock has seen big sell-offs this week. The company's share price was down 10.3% from last week's market close heading into the start of trading this Friday. Across the same period, the S&P 500 was up 1.4%.After the market closed on Tuesday, Supermicro published preliminary results for the third quarter of its 2025 fiscal year -- which ended March 31. The company issued substantial downward performance revisions, and investors sold out of the stock in response.Supermicro is scheduled to report its fiscal Q3 results after the market closes on May 6, but the company updated investors on what to expect earlier this week. It now expects revenue to come in between $4.5 billion and $4.6 billion. Previously, the company had guided for sales to be between $5 billion and $6 billion in the period. Management also now expects non-GAAP (adjusted) earnings per share for the period to be between $0.29 and $0.31 -- down from its previous guidance for earnings per share between $0.46 and $0.62. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool