Super Micro Stock Slips. Why the SMCI Winning Streak Could Be in Danger
Super Micro Computer Inc. stock was edging lower on Thursday, putting the server maker on course to snap its winning streak.
Super Micro Computer stock has been climbing ever since the server maker issued a strong fiscal second quarter business update.
Shares, which trade under the ticker SMCI, slipped 2% to $59.02 in premarket trading. Futures tracking the S&P 500 were down 0.2%.
It looked like investors were taking a breather, or locking in profit after a stellar recent rally. Super Micro shares have been surging ever since the server maker issued a fiscal second-quarter update last week, with its longer-term revenue guidance coming in well above analysts’ expectations.
The surge helped SMCI pass Palantir Technologies to become the S&P 500’s best performer of 2025 on Tuesday, with the stock now up 98% this year.
But lingering accounting questions mean there’s still some uncertainty: the company is still yet to file accounts for the year ended June 30. Super Micro said in last week’s update that it expects to do so before next Tuesday—the deadline the Nasdaq has set it to avoid a delisting.
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