1 Wall Street Team Thinks Super Micro Computer Stock Is Going to $438. Is It Time to Sell?
TISITeam(TISI) The Motley Fool·2024-09-07 01:44

Both known and previously unknown risks have investors and analysts backing away from what was once an artificial intelligence (AI) stock darling.Concerns about Super Micro Computer (SMCI -6.42%) have been mounting among investors. Falling profit margins, concerns about accounting procedures, and the delay in Supermicro filing its 10-K annual report all hit the stock in recent weeks.Now, Barclays analysts George Wang and Tim Long are warning investors to step back from the stock as recent issues play out. T ...