La cadena de opciones muestra datos clave de las opciones de acciones de Super Micro Computer a varios precios de ejercicio y fechas de vencimiento. Los operadores utilizan esta información para analizar posibles operaciones y evaluar el sentimiento del mercado para Super Micro Computer..

Super Micro Computer (NASDAQ:SMCI) Bolsa, Cadena de Opciones

Super Micro Computer

Super Micro Computer Inc provides high-performance server technology services to cloud computing, data center, Big Data, high-performance computing, and "Internet of Things" embedded markets. Its solutions include server, storage, blade and workstations to full racks, networking devices, and server management software. The firm follows a modular architectural approach, which provides flexibility to deliver customized solutions. The Company operates in one operating segment that develops and provides high-performance server solutions based upon an innovative, modular and open-standard architecture. More than half of the firm's revenue is generated in the United States, with the rest coming from Europe, Asia, and other regions.

Technicals

Tech

Trading Ideas

AMZN

DELL

NVDA

SMCI

TSLA

Las acciones de Super Micro Computer (SMCI) caen un 65% desde su máximo. Descubre el análisis técnico y los riesgos del auge de la IA.

Super Micro Computer (SMCI) lucha contra la volatilidad de la inteligencia artificial

Long Ideas

News

Pre-Market Outlook

Markets

INDI

OUST

Explora las acciones más sobrevendidas en tecnología, con un RSI bajo 30. Descubre oportunidades de inversión en empresas infravaloradas.

3 acciones tecnológicas en las que te arrepentirás de no haber invertido este mes

Equities

AAPL

HNHPF

Las acciones de Nvidia y Super Micro Computer suben en pre-mercado tras comentarios de Foxconn sobre fuerte demanda de servidores de IA.

Las acciones de Nvidia (NVDA) y Super Micro Computer (SMCI) avanzan en el pre-mercado

Super Micro Computer, Inc. - Common Stock

Super Micro Computer Inc

With U.S. stock futures trading mixed this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Archer-Daniels-Midland Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADM#NYSE">ADM</a>) to report quarterly earnings at $1.25 per share on revenue of $21.35 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Archer-Daniels-Midland shares rose 0.8% to $55.75 in after-hours trading.</li>
<li>Analysts expect Yum! Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUM#NYSE">YUM</a>) will post quarterly earnings at $1.41 per share on revenue of $1.9 billion. The company will release earnings before the markets open. Yum! Brands shares fell 0.5% to $132.06 in after-hours trading.</li>
<li>Lattice Semiconductor Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSCC#NASDAQ">LSCC</a>) reported in-line earnings for its third quarter on Monday. The company reported quarterly earnings of 24 cents per share, which met the analyst consensus estimate. Quarterly revenue came in at $127.091 million, compared to the analyst consensus estimate of $127.092 million. Lattice Semiconductor said it sees fourth-quarter revenue in a range of $112 million to $122 million, versus the $132.03 million estimate. Lattice Semiconductor shares tumbled 17.7% to $42.70 in the after-hours trading session.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>After the markets close, Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) is projected to report quarterly earnings at 75 cents per share on revenue of $6.45 billion. Super Micro Computer shares fell 0.3% to $25.96 in the after-hours trading session.</li>
<li>Analysts expect Cummins Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMI#NYSE">CMI</a>) to report quarterly earnings at $4.80 per share on revenue of $8.29 billion before the opening bell. Cummins shares gained 1% to $329.00 in after-hours trading.</li>
</ul>
Check This Out:
<ul>
<li> <a href="https://www.benzinga.com/news/24/11/41713185/top-4-tech-and-telecom-stocks-that-may-collapse-this-month">Top 4 Tech And Telecom Stocks That May Collapse This Month</a></li>
</ul>
Photo courtesy: Shutterstock

Earnings

LSCC

Archer-Daniels-Midland, Yum! Brands And 3 Stocks To Watch Heading Into Tuesday

Super Micro Computer (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) is preparing to release its quarterly earnings on Tuesday, 2024-11-05. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Super Micro Computer to report an earnings per share (EPS) of $0.75.
Anticipation surrounds Super Micro Computer's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
<h3>Performance in Previous Earnings</h3>
During the last quarter, the company reported an EPS missed by $0.19, leading to a 20.14% drop in the share price on the subsequent day.
Here's a look at Super Micro Computer's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.810</td>
<td>0.584</td>
<td>0.493</td>
<td>0.320</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.625</td>
<td>0.665</td>
<td>0.559</td>
<td>0.343</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-20.0%</td>
<td>-14.000000000000002%</td>
<td>3.0%</td>
<td>-3.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1730754077_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Super Micro Computer were trading at $26.05 as of November 01. Over the last 52-week period, shares are up 2.33%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<h3>Analyst Observations about Super Micro Computer</h3>
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Super Micro Computer.
The consensus rating for Super Micro Computer is Neutral, based on 15 analyst ratings. With an average one-year price target of $590.6, there's a potential 2167.18% upside.
<h3>Comparing Ratings with Peers</h3>
In this analysis, we delve into the analyst ratings and average 1-year price targets of Pure Storage, Western Digital and NetApp, three key industry players, offering insights into their relative performance expectations and market positioning.
<ul>
<li>The consensus outlook from analysts is an Buy trajectory for Pure Storage, with an average 1-year price target of $67.14, indicating a potential 157.74% upside.</li>
<li>The consensus outlook from analysts is an Outperform trajectory for Western Digital, with an average 1-year price target of $91.0, indicating a potential 249.33% upside.</li>
<li>NetApp is maintaining an Neutral status according to analysts, with an average 1-year price target of $133.5, indicating a potential 412.48% upside.</li>
</ul>
<h3>Analysis Summary for Peers</h3>
Within the peer analysis summary, vital metrics for Pure Storage, Western Digital and NetApp are presented, shedding light on their respective standings within the industry and offering valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Super Micro Computer</td>
<td>Neutral</td>
<td>37.87%</td>
<td>$597.37M</td>
<td>6.68%</td>
</tr>
<tr>
<td>Pure Storage</td>
<td>Buy</td>
<td>10.91%</td>
<td>$540.08M</td>
<td>2.52%</td>
</tr>
<tr>
<td>Western Digital</td>
<td>Outperform</td>
<td>48.91%</td>
<td>$1.55B</td>
<td>4.28%</td>
</tr>
<tr>
<td>NetApp</td>
<td>Neutral</td>
<td>7.61%</td>
<td>$1.10B</td>
<td>23.90%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Super Micro Computer ranks highest in Revenue Growth among its peers. It is at the bottom in terms of Gross Profit. The company's Return on Equity is the lowest compared to its peers. Overall, Super Micro Computer is positioned in the middle when considering all metrics collectively.
<h3>All You Need to Know About Super Micro Computer</h3>
Super Micro Computer Inc provides high-performance server technology services to cloud computing, data center, Big Data, high-performance computing, and "Internet of Things" embedded markets. Its solutions include server, storage, blade and workstations to full racks, networking devices, and server management software. The firm follows a modular architectural approach, which provides flexibility to deliver customized solutions. The Company operates in one operating segment that develops and provides high-performance server solutions based upon an innovative, modular and open-standard architecture. More than half of the firm's revenue is generated in the United States, with the rest coming from Europe, Asia, and other regions.
<h3>Super Micro Computer: Financial Performance Dissected</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining Super Micro Computer's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 37.87% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.
Net Margin: Super Micro Computer's net margin is impressive, surpassing industry averages. With a net margin of 6.64%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Super Micro Computer's ROE stands out, surpassing industry averages. With an impressive ROE of 6.68%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Super Micro Computer's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 3.75% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Super Micro Computer's debt-to-equity ratio is below the industry average at 0.4, reflecting a lower dependency on debt financing and a more conservative financial approach.
<a href="https://www.benzinga.com/quote/SMCI/earnings">To track all earnings releases for Super Micro Computer visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Glimpse of Super Micro Computer's Earnings Potential

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>B. Riley Securities slashed The Estée Lauder Companies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EL#NYSE">EL</a>) price target from $95 to $70. B. Riley Securities analyst Anna Glaessgen maintained a Neutral rating. Estée Lauder shares closed at $66.58 on Friday. <a href="https://www.benzinga.com/quote/EL/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Morgan Stanley raised the price target for Mastercard Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>) from $540 to $544. Morgan Stanley analyst James Faucette maintained an Overweight rating. Mastercard shares closed at $508.08 on Friday. <a href="https://www.benzinga.com/quote/MA/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Deutsche Bank cut the price target for Wayfair Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>) from $69 to $46. Deutsche Bank analyst Lee Horowitz maintained a Buy rating. Wayfair shares closed at $40.15 on Friday. <a href="https://www.benzinga.com/quote/W/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>RBC Capital increased Reinsurance Group of America, Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RGA#NYSE">RGA</a>) price target from $235 to $245. RBC Capital analyst Scott Heleniak maintained an Outperform rating. Reinsurance Group shares settled at $215.10 on Friday. <a href="https://www.benzinga.com/quote/RGA/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barrington Research slashed Insight Enterprises, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NSIT#NASDAQ">NSIT</a>) price target from $225 to $205. Barrington Research analyst Vincent Colicchio maintained an Outperform rating. Insight Enterprises shares closed at $172.21 on Friday. <a href="https://www.benzinga.com/quote/NSIT/analyst-ratings">See how other analysts view this stock.</a></li>
<li>DA Davidson raised The Clorox Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLX#NYSE">CLX</a>) price target from $153 to $171. DA Davidson analyst Linda Bolton Weiser maintained a Neutral rating. Clorox shares closed at $163.11 on Friday. <a href="https://www.benzinga.com/quote/CLX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Craig-Hallum increased the price target for CVRx, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVRX#NASDAQ">CVRX</a>) from $15 to $20. Craig-Hallum analyst Alexander Nowak maintained a Buy rating. CVRx shares settled at $13.40 on Friday. <a href="https://www.benzinga.com/quote/CVRX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wedbush cut Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) price target from $62 to $32. Wedbush analyst Matt Bryson maintained a Neutral rating. Super Micro Computer shares closed at $26.05 on Friday. <a href="https://www.benzinga.com/quote/SMCI/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Roth MKM lowered the price target for Energy Fuels Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UUUU#NYSE">UUUU</a>) from $6 to $5.5. Roth MKM analyst Joe Reagor maintained a Neutral rating. Energy Fuels shares closed at $5.60 on Friday. <a href="https://www.benzinga.com/quote/UUUU/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>UBS boosted Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) price target from $170 to $200. UBS analyst Timothy Arcuri maintained a Buy rating. Broadcom shares closed at $168.92 on Friday. <a href="https://www.benzinga.com/quote/AVGO/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Read This Next: 
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<li><a href="https://www.benzinga.com/news/24/11/41713185/top-4-tech-and-telecom-stocks-that-may-collapse-this-month">Top 4 Tech And Telecom Stocks That May Collapse This Month</a></li>
</ul>

Price Target

Intraday Update

Analyst Ratings

AVGO

CVRX

NSIT

UUUU

Broadcom To Rally Around 18%? Here Are 10 Top Analyst Forecasts For Monday

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>SMCI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/08/24</td>
<td>$25.00</td>
<td>$45.5K</td>
<td>13.1K</td>
<td>18.1K</td>
</tr>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$135.00</td>
<td>$402.5K</td>
<td>39.4K</td>
<td>8.1K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/08/24</td>
<td>$250.00</td>
<td>$62.0K</td>
<td>3.1K</td>
<td>7.8K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$440.00</td>
<td>$30.5K</td>
<td>25.8K</td>
<td>4.0K</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$43.00</td>
<td>$41.2K</td>
<td>3.1K</td>
<td>420</td>
</tr>
<tr>
<td>SLAB</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$115.00</td>
<td>$31.4K</td>
<td>32</td>
<td>338</td>
</tr>
<tr>
<td>AVGO</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$184.00</td>
<td>$25.7K</td>
<td>129</td>
<td>335</td>
</tr>
<tr>
<td>WULF</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$5.00</td>
<td>$29.4K</td>
<td>14.2K</td>
<td>326</td>
</tr>
<tr>
<td>CLSK</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$10.00</td>
<td>$125.5K</td>
<td>184</td>
<td>314</td>
</tr>
<tr>
<td>AAPL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$230.00</td>
<td>$78.7K</td>
<td>19.5K</td>
<td>298</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we observe a put option sweep with bullish sentiment. It expires in 4 day(s) on November 8, 2024. Parties traded 200 contract(s) at a $25.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $45.5K, with a price of $228.0 per contract. There were 13167 open contracts at this strike prior to today, and today 18181 contract(s) were bought and sold. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a call option sweep with bearish sentiment. It expires in 11 day(s) on November 15, 2024. Parties traded 629 contract(s) at a $135.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $402.5K, with a price of $640.0 per contract. There were 39472 open contracts at this strike prior to today, and today 8123 contract(s) were bought and sold. 
• Regarding MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on November 8, 2024. Parties traded 100 contract(s) at a $250.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $62.0K, with a price of $620.0 per contract. There were 3184 open contracts at this strike prior to today, and today 7815 contract(s) were bought and sold. 
• Regarding MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we observe a call option trade with bullish sentiment. It expires in 46 day(s) on December 20, 2024. Parties traded 100 contract(s) at a $440.00 strike. The total cost received by the writing party (or parties) was $30.5K, with a price of $305.0 per contract. There were 25899 open contracts at this strike prior to today, and today 4005 contract(s) were bought and sold. 
• For PLTR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), we notice a call option trade that happens to be bearish, expiring in 74 day(s) on January 17, 2025. This event was a transfer of 100 contract(s) at a $43.00 strike. The total cost received by the writing party (or parties) was $41.2K, with a price of $412.0 per contract. There were 3121 open contracts at this strike prior to today, and today 420 contract(s) were bought and sold. 
• Regarding SLAB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLAB#NASDAQ">SLAB</a>), we observe a call option sweep with bullish sentiment. It expires in 11 day(s) on November 15, 2024. Parties traded 170 contract(s) at a $115.00 strike. This particular call needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $31.4K, with a price of $185.0 per contract. There were 32 open contracts at this strike prior to today, and today 338 contract(s) were bought and sold. 
• Regarding AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we observe a put option trade with bearish sentiment. It expires in 109 day(s) on February 21, 2025. Parties traded 11 contract(s) at a $184.00 strike. The total cost received by the writing party (or parties) was $25.7K, with a price of $2340.0 per contract. There were 129 open contracts at this strike prior to today, and today 335 contract(s) were bought and sold. 
• For WULF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WULF#NASDAQ">WULF</a>), we notice a call option sweep that happens to be bullish, expiring in 11 day(s) on November 15, 2024. This event was a transfer of 245 contract(s) at a $5.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $29.4K, with a price of $120.0 per contract. There were 14266 open contracts at this strike prior to today, and today 326 contract(s) were bought and sold. 
• Regarding CLSK (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>), we observe a call option sweep with bullish sentiment. It expires in 228 day(s) on June 20, 2025. Parties traded 310 contract(s) at a $10.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $125.5K, with a price of $405.0 per contract. There were 184 open contracts at this strike prior to today, and today 314 contract(s) were bought and sold. 
• Regarding AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we observe a put option sweep with bullish sentiment. It expires in 74 day(s) on January 17, 2025. Parties traded 60 contract(s) at a $230.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $78.7K, with a price of $1308.0 per contract. There were 19546 open contracts at this strike prior to today, and today 298 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

CLSK

MSFT

MSTR

PLTR

SLAB

WULF

10 Information Technology Stocks Whale Activity In Today's Session

Wedbush analyst Matt Bryson maintains Super Micro Computer (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) with a Neutral and lowers the price target from $62 to $32.

Wedbush Maintains Neutral on Super Micro Computer, Lowers Price Target to $32

Each trading day features hundreds of headlines and press releases on Benzinga Pro, a source for traders to see the latest news on the overall market <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent110424&amp;t=be2bearmibe3na1">and individual tickers.</a>
Here is a look at the most-searched stocks on Benzinga Pro for October 2024. Current prices and year-to-date performance are based on Nov. 1 and do not include dividends.
1. Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
<ul>
<li>Current Price: $248.98</li>
<li>52-Week Range: $138.80 to $273.54</li>
<li>Year-to-Date Return: +0.2%</li>
<li><a href="https://www.benzinga.com/top-stories/24/08/40119459/exclusive-top-20-most-searched-tickers-on-benzinga-pro-in-july-2024-where-do-tesla-nvidia-apple-crow">July</a>/<a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/24/09/40691773/exclusive-top-20-most-searched-tickers-on-benzinga-pro-in-august-2024-where-do-tesla-n">August</a>/<a href="https://www.benzinga.com/top-stories/24/10/41150827/exclusive-top-20-most-searched-tickers-on-benzinga-pro-in-september-2024-where-do-tesla-nvidia-apple">September </a>Ranking: 1st/3rd/3rd</li>
</ul>
2. NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)
<ul>
<li>Current Price: $135.37</li>
<li>52-Week Range: $44.90 to $144.42</li>
<li>Year-to-Date Return: +181.0%</li>
<li>July/August/September Ranking: 2nd/1st/1st</li>
</ul>
3. Trump Media &amp; Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>)
<ul>
<li>Current Price: $30.56</li>
<li>52-Week Range: $11.75 to $79.38</li>
<li>Year-to-Date Return: +75.7%</li>
<li>July/August/September Ranking: Not in Top 20/Not in Top 20/20th</li>
</ul>
4. SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)
<ul>
<li>Current Price: $571.04</li>
<li>52-Week Range: $426.56 to $586.12</li>
<li>Year-to-Date Return: +20.8%</li>
<li>July/August/September Ranking: 3rd/2nd/2nd</li>
</ul>
5. Super Micro Computer Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>)
<ul>
<li>Current Price: $26.05</li>
<li>52-Week Range: $24.92 to $122.90</li>
<li>Year-to-Date Return: -8.8%</li>
<li>July/August/September Ranking: 19th/4th/7th</li>
</ul>
6. Bright Minds Biosciences Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DRUG#NASDAQ">DRUG</a>)
<ul>
<li>Current Price: $48.18</li>
<li>52-Week Range: $0.93 to $79.02</li>
<li>Year-to-Date Return: +2,518.5%</li>
<li>July/August/September Ranking: Not in Top 20 in Any</li>
</ul>
7. Advanced Micro Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>)
<ul>
<li>Current Price: $141.86</li>
<li>52-Week Range: $110.22 to $227.30</li>
<li>Year-to-Date Return: +2.4%</li>
<li>July/August/September Ranking: 14th/8th/Not in Top 20</li>
</ul>
8. Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)
<ul>
<li>Current Price: $222.91</li>
<li>52-Week Range: $164.08 to $237.49</li>
<li>Year-to-Date Return: +20.1%</li>
<li>July/August/September Ranking: 7th/6th/4th</li>
</ul>
9. Tevogen Bio Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TVGN#NASDAQ">TVGN</a>)
<ul>
<li>Current Price: $2.37</li>
<li>52-Week Range: $0.26 to $21.09</li>
<li>Year-to-Date Return: -78.7%</li>
<li>July/August/September Ranking: Not in Top 20 in Any</li>
</ul>
10. Oklo Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKLO#NYSE">OKLO</a>)
<ul>
<li>Current Price: $21.67 </li>
<li>52-Week Range: $5.35 to $28.12 </li>
<li>Year-to-Date Return: +104.4% </li>
<li>July/August/September Ranking: Not in Top 20 in Any </li>
</ul>
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent110424">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Honorable Mentions:&nbsp;The following stocks were the 11th&nbsp;to 20th&nbsp;most-searched tickers on&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent090324&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>&nbsp;in October 2024.
11. Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)
12. Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>)
13. Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)
14. Palantir Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>)
15. Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)
16. MicroStrategy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>)
17. Genprex Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNPX#NASDAQ">GNPX</a>)
18. SoFi Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>)
19. Boeing Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>)
20. TeraWulf Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WULF#NASDAQ">WULF</a>)
Why It's Important: Tesla, regularly among the most searched tickers on the site, climbed the leaderboard to be the most-searched ticker on Benzinga Pro in October. The stock was third in the past two months, but ranked first in July. 
Nvidia ranked second in October, dropping from first place over the last two months. The technology giant briefly passed Apple and Microsoft to be the<a href="https://www.benzinga.com/markets/equities/24/10/41551461/nvidia-overtakes-apple-as-worlds-most-valuable-company-again"> most valuable company in the world.</a>
One of the biggest movers in October was Trump Media &amp; Technology Group, a media company co-founded by former President Donald Trump. The stock has surged in recent weeks ahead of Election Day. Trump's odds of winning the 2024 presidential election have <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41635149/2024-election-odds-on-polymarket-kalshi-show-trump-will-win-why-they-might-be-wrong">increased across prediction markets</a> and sports betting apps.
The stock has also been highlighted as a potential <a href="https://www.benzinga.com/general/politics/24/10/41630878/djt-short-squeeze-could-push-stock-to-60-if-trump-wins-but-analysis-says-loss-could-make-shares-">short-squeeze stock </a>with high short interest. A 2024 election win by Trump could see the stock shoot higher. Likewise, the stock could fall significantly if Trump loses the election.
Trump Media &amp; Technology Group will likely be among the most searched tickers on Benzinga Pro in November with Election Day happening on Nov. 5. The stock was the 20th most searched ticker in September and wasn't in the top 20 in August or July, ranking just outside the top 20.
The SPDR S&amp;P 500 ETF Trust falls to fourth place from second in the past two months, likely due more to the surge in interest in the stocks mentioned above and not less interest in the S&amp;P 500 market index. Although it should be noted that the Invesco QQQ Trust ETF, which tracks the Nasdaq 100 Index, fell from sixth place to 15th in October, potentially signaling less interest in ETFs and market indexes.
Other newcomers to the top 10 were Bright Minds Biosciences, Tevogen Bio and Oklo, who have each not previously been among the top 20 most-searched tickers in any given month. Tevogen shares have fallen significantly in 2024, while Bight Minds Sciences and Oklo are each up over 100% in 2024.
Advanced Micro Devices also returned to the top 10, ranking seventh, which comes after falling out of the top 20 in September. The stock has regularly gone back and forth between the top 10 and top 20 each month in 2024.
Dropping out of the top 10 along with Invesco QQQ were Wheeler Real Estate Investment Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WHLR#NASDAQ">WHLR</a>), Galmed Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLMD#NASDAQ">GLMD</a>), Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) and Intuitive Machines (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LUNR#NASDAQ">LUNR</a>). &nbsp;
Overall the month of October saw five of the same top 10 tickers from September and eight of the top 20 tickers from September.
Read Next: 
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<li><a href="https://www.benzinga.com/general/education/24/10/41665149/these-10-stocks-were-s-p-500s-top-performers-in-bidens-first-year-could-the-trend-continue-if-h">These 10 Stocks Were S&amp;P 500&#8217;s Top Performers In Biden&#8217;s First Year: Could Trend Continue If Harris Wins 2024 Election?</a></li>
</ul>

Exclusives

DRUG

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INTC

LUNR

OKLO

SOFI

TVGN

WHLR

EXCLUSIVE: Top 20 Most-Searched Tickers On Benzinga Pro In October 2024 — Where Do Tesla, Nvidia, Apple, DJT Stock Rank?

<ul>
<li>DJT</li>
<li>NVDA</li>
<li>VKTX</li>
<li>TSLA</li>
<li>SMCI</li>
<li>LOT</li>
<li>AMD</li>
<li>PLTR</li>
<li>META</li>
<li>AAPL</li>
</ul>
Data from <a href="https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment">https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment</a>
&nbsp;

VKTX

Top 10 Trending Stocks On WallStreetBets As Of November 4, 2024 (Via Swaggy Stocks)

These ten large-cap stocks were the worst performers in the last week. Are they in your portfolio?
<ol>
<li>Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) shares declined 44.89% following the <a href="https://www.benzinga.com//node/41646425" target="_blank" rel="noreferrer noopener">resignation of its independent auditor</a>, Ernst &amp; Young. Argus Research downgraded <a href="https://www.benzinga.com//node/41661361" target="_blank" rel="noreferrer noopener">the stock from Buy to Hold</a>.</li>
<li>Estee Lauder Cos (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EL#NYSE">EL</a>) stock dipped 23.69% after it reported first-quarter earnings, and several analysts lowered <a href="https://www.benzinga.com//node/41653721" target="_blank" rel="noreferrer noopener">the price forecast on the stock</a>.</li>
<li>Aptiv (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APTV#NYSE">APTV</a>) shares fell 18.67% following a <a href="https://www.benzinga.com//node/41657841" target="_blank" rel="noreferrer noopener">third-quarter revenue miss</a>.</li>
<li>SharkNinja (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SN#NYSE">SN</a>) shares tumbled 18.48% after it reported <a href="https://www.benzinga.com//node/41648658" target="_blank" rel="noreferrer noopener">third-quarter financial results</a>.</li>
<li>Check Point Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHKP#NASDAQ">CHKP</a>) dipped 17.70% last week after reporting worse-than-expected sales results, and analysts <a href="https://www.benzinga.com//node/41637268" target="_blank" rel="noreferrer noopener">revised the price forecast and rating</a>.</li>
<li>Koninklijke Philips (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHG#NYSE">PHG</a>) lost 16.36% after the company <a href="https://www.benzinga.com//node/41570381" target="_blank" rel="noreferrer noopener">reported a Q3 earnings miss</a> and revised annual outlook due to weak demand in China.</li>
<li>Monolithic Power Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MPWR#NASDAQ">MPWR</a>) shares fell 15.75% after the company <a href="https://www.benzinga.com//node/41635566" target="_blank" rel="noreferrer noopener">reported Q3 financial results</a>.</li>
<li>CDW (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDW#NASDAQ">CDW</a>) stock fell 13.19% last week. It reported weaker-than-expected <a href="https://www.benzinga.com//node/41630458" target="_blank" rel="noreferrer noopener">third-quarter earnings</a> amid weak hardware demand and customer delays.</li>
<li>Borr Drilling Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BORR#NYSE">BORR</a>) lost 13.19% on continued weakness following preliminary Q3 financial results. As of 31 December 2024, the company&#8217;s stock will also be voluntarily delisted from the Oslo Stock Exchange.</li>
<li>Li Auto Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>) stock decreased 12.96% after the company reported quarterly <a href="https://www.benzinga.com//node/41683552" target="_blank" rel="noreferrer noopener">results and October deliveries</a>.</li>
</ol>
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/large-cap/24/11/41702042/reddit-roblox-and-garmin-are-among-top-10-large-cap-gainers-last-week-oct-28-nov-1-are-the-others-" target="_blank" rel="noreferrer noopener">Reddit, Roblox And Garmin Are Among Top 10 Large Cap Gainers Last Week (Oct 28-Nov 1): Are The Others In Your Portfolio?</a></li>
</ul>
Photo via Shutterstock

Large Cap

Movers

APTV

BORR

CHKP

MPWR

Super Micro Computer, Li Auto And Estee Lauder Are Among Top 10 Large Cap Losers Last Week (Oct 28-Nov 1): Are The Others In Your Portfolio?

Benzinga examined the prospects for<a href="http://www.benzinga.com/trading-ideas"> many investors&#8217; favorite stocks</a> over the last week — here&#8217;s a look at some of our top stories.
Major U.S. indexes saw a volatile close to the week, with the S&amp;P 500 and Nasdaq each down over 1%, largely influenced by recent earnings impacts from tech heavyweights like Microsoft and Meta Platforms. The Dow also edged lower by 0.2%, reflecting broader market apprehension following an October close that ended a five-month run of gains.
The CBOE Volatility Index (VIX) spiked 34% in October—its third-highest increase for that month in an election year—indicating heightened market caution. 
Adding to this outlook, October's nonfarm payroll numbers reported only 12,000 new jobs, which has strengthened expectations for a Fed rate cut in the coming weeks. Markets largely predict <a href="https://www.benzinga.com/news/earnings/24/11/41696201/market-volatility-soars-ahead-of-elections-tech-earnings-mixed-strikes-and-hurricanes-knock-employm">another reduction by year-end.</a>
Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week&#8217;s most bullish and bearish posts that are worth another look.
<h3 class="wp-block-heading">The Bulls</h3>
&#8220;<a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41646462/michael-saylor-says-bitcoin-remedy-to-fix-unhealthy-balance-sheets-as-microstrategy-unveil">Michael Saylor Says Bitcoin Remedy To Fix Unhealthy Balance Sheets As MicroStrategy Unveils Massive $42B BTC Purchase Plan</a>,&#8221; by <a href="https://www.benzinga.com/author/aniket-verma">Aniket Verma</a>, reveals MicroStrategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) CEO Michael Saylor&#8216;s argument that Bitcoin can stabilize corporate finances, announcing a $42 billion initiative to expand its Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) holdings, which currently total 252,220 BTC, valued at $18.23 billion.
&#8220;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41596454/tesla-bull-says-elon-musk-led-ev-giant-is-no-longer-seen-as-an-auto-company-by-inve">Tesla Bull Says Elon Musk-Led EV Giant Is No Longer Seen As An Auto Company By Investors, Explains Why Its Stock Trades At A Hefty Premium To Legacy Rivals</a>,&#8221; by <a href="https://www.benzinga.com/author/anan-ashraf">Anan Ashraf</a>, shares insights from Gary Black of The Future Fund, who argues that Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) commands a premium valuation as investors increasingly view it as a tech company due to its growth in EVs and autonomous driving.
&#8220;<a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41633360/dogecoins-rally-has-just-begun-for-this-cycle-predicts-trader-who-foresees-parabolic-surge">Dogecoin&#8217;s Rally &#8216;Has Just Begun For This Cycle,&#8217; Predicts Trader Who Foresees Parabolic Surge In November</a>,&#8221; by <a href="https://www.benzinga.com/author/khyathi-dalal">Khyathi Dalal</a>, features a trader&#8217;s analysis that Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) could surge in November, fueled by patterns from prior post-halving cycles, with a breakout above 20 cents as a key target. 
&#8220;<a href="https://www.benzinga.com/general/politics/24/10/41630878/djt-short-squeeze-could-push-stock-to-60-if-trump-wins-but-analysis-says-loss-could-make-shares-">DJT Short Squeeze Could Push Stock To $60 If Trump Wins, But Analysis Says Loss Could Make Shares &#8216;Worthless&#8217;</a>,&#8221; by <a href="https://www.benzinga.com/author/chris-katje">Chris Katje</a>, explains that Trump Media &amp; Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) shares are poised for volatility amid Election Day, with S3 Partners noting that a Trump victory could trigger a short squeeze pushing prices to $60, while a loss might render shares worthless.
For additional bullish calls of the past week, check out the following:
<a href="https://www.benzinga.com/general/entertainment/24/10/41616337/google-bought-youtube-for-1-65b-and-now-it-prints-50b-in-revenue-just-in-1-year-sundar-pich">Google Bought YouTube For $1.65B And Now It Prints $50B In Revenue Just In 1 Year — Sundar Pichai Says Alphabet &#8216;Leaning Into The Living Room Experience&#8217;</a>
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41605605/gold-hits-record-highs-defies-market-gravity-why-the-precious-metal-is-decoupling-f">Gold Hits Record Highs, Defies Market Gravity: Why The Precious Metal Is Decoupling From Treasury Yields</a>
<a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41633360/dogecoins-rally-has-just-begun-for-this-cycle-predicts-trader-who-foresees-parabolic-surge">Dogecoin&#8217;s Rally &#8216;Has Just Begun For This Cycle,&#8217; Predicts Trader Who Foresees Parabolic Surge In November</a>
The Bears
&#8220;<a href="https://www.benzinga.com/government/24/10/41604100/trump-goes-after-taiwan-semiconductor-on-joe-rogan-podcast">Trump Goes After Taiwan Semiconductor On Joe Rogan Podcast</a>,&#8221; by <a href="https://www.benzinga.com/author/anusuya-lahiri-0">Anusuya Lahiri</a>, covers Donald Trump&#8216;s critique of Taiwan Semiconductor Manufacturing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) on the Joe Rogan podcast, accusing Taiwan of undermining U.S. chip production and promising tariffs if elected.
&#8220;<a href="https://www.benzinga.com/news/24/10/41616230/sundar-pichai-admits-doj-proposals-could-have-unintended-consequences-google-mapping-out-plan-b-in-c">Sundar Pichai Admits DOJ Proposals Could Have &#8216;Unintended Consequences&#8217; — Google Mapping Out Plan B In Case Apple Ends Search Deal</a>,&#8221; by <a href="https://www.benzinga.com/author/ananya-gairola">Ananya Gairola</a>, reports Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) CEO Sundar Pichai's concerns over DOJ antitrust proposals potentially destabilizing the tech industry, while hinting at contingency plans if Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) ends its search partnership.
&#8220;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41661361/super-micro-analyst-suspends-rating-over-governance-accounting-issues">Super Micro Analyst Suspends Rating Over Governance, Accounting Issues</a>,&#8221; by <a href="https://www.benzinga.com/author/anusuya-lahiri-0">Anusuya Lahiri</a>, details a Rosenblatt analyst&#8217;s decision to suspend his rating for Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) after Ernst &amp; Young resigned as its auditor due to governance and transparency issues.
For more bearish takes, be sure to see these posts:
<a href="https://www.benzinga.com/news/24/10/41619340/blackrocks-larry-fink-warns-against-overly-optimistic-fed-rate-cuts-cites-high-embedded-inflation-an">BlackRock&#8217;s Larry Fink Warns Against Overly Optimistic Fed Rate Cuts, Cites High &#8216;Embedded Inflation&#8217; And Predicts Only 1 Reduction This Year</a>
<a href="https://www.benzinga.com/news/24/10/41616573/ipod-co-creator-tony-fadell-dismisses-chatgpt-type-llms-saying-were-trying-to-make-science-fiction-h">iPod Co-Creator Tony Fadell Dismisses ChatGPT Type LLMs Saying &#8216;We&#8217;re Trying To Make Science Fiction Happen&#8217; — Bashes Silicon Valley&#8217;s Entitlement</a>
<a href="https://www.benzinga.com/markets/asia/24/10/41593032/starbucks-chinese-rival-luckin-coffee-plans-us-comeback-with-2-drinks-after-fraud-scandal-that-led-t">Starbucks&#8217; Chinese Rival Luckin Coffee Plans US Comeback With $2 Drinks After Fraud Scandal That Led To Its Nasdaq Delisting: Report</a>
Keep up with all the latest breaking news and trading ideas by following<a href="https://twitter.com/Benzinga"> Benzinga</a><a href="http://twitter.com/Benzinga"> on Twitter</a>.
Image created using artificial intelligence via Midjourney.

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

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$DOGE

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Benzinga Bulls And Bears: Tesla, Alphabet, Trump Media, Super Micro — Trader Predicts Dogecoin Rally Above 20 Cents In November

On October 28, 2024, Super Micro Computer, Inc. (the "Company") entered into a Third Amendment to Loan Agreement (the "Amendment"), by and among the Company and Cathay Bank, which amends the Loan Agreement, dated as of May 19, 2022 (as amended, the "Loan Agreement"). The Amendment, among other things, (a) extends the date by which the Company is required to deliver its (i) audited financial statements for its fiscal year ending June 30, 2024 under the Loan Agreement from October 28, 2024 to December 31, 2024 and (ii) balance sheet and income statement for its fiscal quarter ending September 30, 2024 under the Loan Agreement from November 29, 2024 to December 31, 2024 and (b) adds a covenant requiring that the Company maintain at least $150 million of unrestricted cash at all times.

Financing

On Oct 28, Super Micro Computer Entered Third Amendment To Loan Agreement With Cathay Bank; Amendment Requires Company To Maintain $150M Unrestricted Cash; Amendment Extends Deadline To Deliver FY Audited Financial Statements Under Loan Agreement To Dec 31

Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>), Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), Apple, Inc. and Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) are the top five trending tickers on Stocktwits Friday. Here's a look at what grabbed <a href="https://www.benzinga.com/news/earnings/24/11/41676503/apple-amazon-and-3-stocks-to-watch-heading-into-friday">retail investors' attention.</a>
AMZN Delivers: Amazon shares are surging Friday following a strong earnings release after Thursday's closing bell. The e-commerce giant saw <a href="https://www.benzinga.com/markets/equities/24/11/41681618/amazon-shares-surge-in-pre-market-as-q3-earnings-beat-expectations">North American sales grow </a>9% over last year, and International sales were up 12%. Amazon Web Services (AWS) reported $27.5 billion in sales, a 19% rise from the previous year.
DJT Stumbles: Trump Media &amp; Technology stock took a breather <a href="https://www.benzinga.com/markets/equities/24/11/41677355/trump-loses-1-9b-in-net-worth-as-djt-stock-tumbles-2nd-time-this-week">this week</a> after rallying more than 100% over the past month. The stock is highly responsive to news related to Donald Trump and has been volatile as the presidential candidates stay neck-and-neck in the final days of campaigning leading up to next week's election.
Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41690154/shock-october-jobs-report-leaves-fed-in-tight-spot-experts-say-interest-rate-cuts-a">Shock October Jobs Report Leaves Fed In &#8216;Tight Spot:&#8217; Experts Say Interest Rate Cuts Ahead</a>
INTC Bounces: Intel shares are making a comeback after the company reported better-than-expected revenue in the <a href="https://www.benzinga.com/news/24/11/41689889/whats-going-on-with-intel-shares-friday" target="_blank" rel="noopener">third quarter</a>. CEO Pat Gelsinger highlighted Intel's progress in cost reduction and efficiency improvements, though the stock remains down more than 50% year-to-date. 
AAPL Bites: Apple shares are down Friday following the company's third-quarter <a href="https://www.benzinga.com/news/24/11/41685157/apple-shares-dip-in-pre-market-trading-whats-going-on">earnings release</a> which included weak December sales guidance and confirmed a downturn in sales in China. Apple's stock has shed nearly 4% this week.&nbsp;
SMCI Drops: Super Micro stock is not-so-super following <a href="https://www.benzinga.com/trading-ideas/movers/24/10/41625460/super-micro-computer-stock-dives-as-auditor-resigns-whats-going-on">the resignation </a>of its accounting firm, Ernst &amp; Young, earlier this week. The firm said it was "unwilling to be associated" with SMCI's financial statements, which have been under scrutiny following a DOJ probe <a href="https://www.benzinga.com/news/24/09/41052423/super-micro-computer-stock-falls-on-report-of-doj-probe-what-to-know">into the company </a>and a short report from Hindenburg Research which alleged "accounting manipulations." SMCI shares are down more than 40% since Ernst &amp; Young resigned on Wednesday. 
AMZN, DJT, INTC, AAPL, SMCI Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Amazon shares are up 6.99% at $199.43, Trump Media &amp; Technology shares are down 8.91% at $32.19, Intel shares are up 7.53% at $23.16, Apple shares are down 1.73% at $222.00 and Super Micro shares are down 5.26% at $27.58 at the time of publication Friday.&nbsp;
Read Also:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/news/large-cap/24/11/41685913/jpmorgan-to-pay-investors-151-million-after-sec-flags-various-law-violations">JPMorgan To Pay Investors $151 Million After SEC Flags &#8216;Various Law Violations&#8217;</a></li>
</ul>
Image: Gerd Altmann from Pixabay

Friday's Top 5 Trending Stocks: What's The Scoop On Amazon, Trump Media, Intel?

<ul>
<li>AMZN</li>
<li>INTC</li>
<li>NVDA</li>
<li>AAPL</li>
<li>DJT</li>
<li>SMCI</li>
<li>LOT</li>
<li>AMD</li>
<li>MSFT</li>
<li>META</li>
</ul>
Data from <a href="https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment">https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment</a>
&nbsp;

Top 10 Trending Stocks On WallStreetBets As Of November 1, 2024 (Via Swaggy Stocks)

Super Micro Computer, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) <a href="https://www.benzinga.com/news/24/10/41646425/super-micro-computer-stock-plummets-over-4-in-thursday-pre-market-whats-going-on">stock continued to fall </a>on Thursday after Rosenblatt analyst Hans Mosesmann suspended his rating on the artificial intelligence server company, citing governance and accounting concerns following Ernst &amp; Young&#8217;s resignation as the company&#8217;s auditor.
Mosesmann noted that Ernst &amp; Young resigned as the company&#8217;s <a href="https://www.benzinga.com/news/24/10/41646425/super-micro-computer-stock-plummets-over-4-in-thursday-pre-market-whats-going-on" target="_blank" rel="noreferrer noopener">registered public accounting</a> firm on Oct. 24, due to concerns regarding governance, transparency, and completeness of communications from Super Micro to Ernst &amp; Young and matters regarding internal control of financial reporting.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/earnings/24/10/41653550/comcast-q3-earnings-olympics-power-nbcuniversal-gains-peacock-hits-36m-subscribers-explores-forming" rel="noreferrer noopener">Comcast Q3 Earnings: Olympics Power NBCUniversal Gains, Peacock Hits 36M Subscribers, Explores Forming New Company Of Cable Networks</a>
Super Micro is in the process of finding a new accounting firm and does not expect to restate any quarterly financials for fiscal 2024 or previous fiscal years.
In early September, Super Micro&#8217;s management postponed its 10K filing, stating they did not anticipate any <a href="https://www.benzinga.com/news/24/09/40926422/super-micro-poised-for-expansion-as-gross-margin-concerns-ease-internal-control-risks-priced-in-anal" target="_blank" rel="noreferrer noopener">material adjustments to</a> the fiscal quarter or fiscal year ending in June, a stance reiterated in their 8-K filing, the analyst noted Additionally, Super Micro appointed a Special Committee to review its internal controls.
Management disagreed with Ernst &amp; Young&#8217;s decision to resign before the review&#8217;s completion, suggesting the departure may align with staff reductions amid declining demand, potentially signaling a shift away from higher-risk projects.
Mosesmann anticipates further management updates during the first-quarter fiscal 2025 earnings call scheduled for Nov. 5. Given current uncertainties around Super Micro&#8217;s financials, the analyst suspended his rating, price target, and estimates until a clear outcome allows for a definitive recommendation.
Also on Thursday, Argus Research analyst Jim Kelleher also downgraded Super Micro from Buy to Hold.
In August, Hindenburg published <a target="_blank" href="https://www.benzinga.com/trading-ideas/short-ideas/24/08/40579899/super-micro-computer-stock-falls-on-short-report-hindenburg-says-company-has-accounting" rel="noreferrer noopener">a short report</a> accusing Super Micro of accounting manipulation, self-dealing with related parties, and evading sanctions.
The report draws on findings from litigation records, company documents, and interviews with former senior employees.
Price Action: SMCI stock is down 10.5% at $29.58 at last check Thursday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/10/41654520/roblox-q3-earnings-bookings-jump-34-user-base-hits-89-million-raises-annual-outlook" target="_blank" rel="noreferrer noopener">Roblox Q3 Earnings: Bookings Jump 34%, User Base Hits 89 Million, Raises Annual Outlook</a></li>
</ul>
Photo: Shutterstock

Analyst Color

Downgrades

Super Micro Analyst Suspends Rating Over Governance, Accounting Issues

<a href="https://medium.com/@mingchikuo/some-predictions-about-super-micro-from-a-geopolitical-perspective-e4ae5a117294" title="https://medium.com/@mingchikuo/some-predictions-about-super-micro-from-a-geopolitical-perspective-e4ae5a117294">https://medium.com/@mingchikuo/some-predictions-about-super-micro-from-a-geopolitical-perspective-e4ae5a117294</a>

Analyst Ming-Chi Kuo Says, Super Micro Faces Potential Risks Amid Auditor Resignation, Heightening Chances Of Trading Suspension Or Delisting; U.S. Government Likely To Block Chinese Acquisitions If Survival Challenges Arise, While Executive Shake-Up Or Corporate Consolidation Could Be On The Horizon

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>SMCI</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/08/24</td>
<td>$28.00</td>
<td>$26.2K</td>
<td>773</td>
<td>7.1K</td>
</tr>
<tr>
<td>ENPH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$100.00</td>
<td>$42.8K</td>
<td>2.4K</td>
<td>5.3K</td>
</tr>
<tr>
<td>MSFT</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>11/01/24</td>
<td>$415.00</td>
<td>$25.2K</td>
<td>5.8K</td>
<td>4.7K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>11/01/24</td>
<td>$245.00</td>
<td>$37.8K</td>
<td>1.6K</td>
<td>3.9K</td>
</tr>
<tr>
<td>AMD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$140.00</td>
<td>$87.3K</td>
<td>18.3K</td>
<td>3.5K</td>
</tr>
<tr>
<td>WOLF</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$15.00</td>
<td>$360.7K</td>
<td>9.8K</td>
<td>1.9K</td>
</tr>
<tr>
<td>GDDY</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$160.00</td>
<td>$30.8K</td>
<td>157</td>
<td>1.1K</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$18.00</td>
<td>$179.4K</td>
<td>410</td>
<td>1.0K</td>
</tr>
<tr>
<td>FSLR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$225.00</td>
<td>$29.8K</td>
<td>16.4K</td>
<td>935</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/01/24</td>
<td>$200.00</td>
<td>$28.1K</td>
<td>1.2K</td>
<td>654</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we notice a put option trade that happens to be bullish, expiring in 8 day(s) on November 8, 2024. This event was a transfer of 100 contract(s) at a $28.00 strike. The total cost received by the writing party (or parties) was $26.2K, with a price of $262.0 per contract. There were 773 open contracts at this strike prior to today, and today 7155 contract(s) were bought and sold. 
• Regarding ENPH (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>), we observe a call option sweep with bearish sentiment. It expires in 15 day(s) on November 15, 2024. Parties traded 343 contract(s) at a $100.00 strike. This particular call needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $42.8K, with a price of $125.0 per contract. There were 2430 open contracts at this strike prior to today, and today 5309 contract(s) were bought and sold. 
• For MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we notice a put option trade that happens to be neutral, expiring in 1 day(s) on November 1, 2024. This event was a transfer of 35 contract(s) at a $415.00 strike. The total cost received by the writing party (or parties) was $25.2K, with a price of $720.0 per contract. There were 5861 open contracts at this strike prior to today, and today 4742 contract(s) were bought and sold. 
• Regarding MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we observe a call option trade with neutral sentiment. It expires in 1 day(s) on November 1, 2024. Parties traded 40 contract(s) at a $245.00 strike. The total cost received by the writing party (or parties) was $37.8K, with a price of $945.0 per contract. There were 1697 open contracts at this strike prior to today, and today 3983 contract(s) were bought and sold. 
• For AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we notice a put option sweep that happens to be bearish, expiring in 15 day(s) on November 15, 2024. This event was a transfer of 257 contract(s) at a $140.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $87.3K, with a price of $340.0 per contract. There were 18364 open contracts at this strike prior to today, and today 3512 contract(s) were bought and sold. 
• Regarding WOLF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOLF#NYSE">WOLF</a>), we observe a call option sweep with bullish sentiment. It expires in 50 day(s) on December 20, 2024. Parties traded 1950 contract(s) at a $15.00 strike. This particular call needed to be split into 54 different trades to become filled. The total cost received by the writing party (or parties) was $360.7K, with a price of $185.0 per contract. There were 9876 open contracts at this strike prior to today, and today 1975 contract(s) were bought and sold. 
• Regarding GDDY (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDDY#NYSE">GDDY</a>), we observe a call option trade with bullish sentiment. It expires in 78 day(s) on January 17, 2025. Parties traded 24 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $30.8K, with a price of $1285.0 per contract. There were 157 open contracts at this strike prior to today, and today 1125 contract(s) were bought and sold. 
• Regarding MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we observe a call option sweep with bullish sentiment. It expires in 232 day(s) on June 20, 2025. Parties traded 370 contract(s) at a $18.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $179.4K, with a price of $485.0 per contract. There were 410 open contracts at this strike prior to today, and today 1016 contract(s) were bought and sold. 
• For FSLR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>), we notice a call option trade that happens to be bearish, expiring in 15 day(s) on November 15, 2024. This event was a transfer of 40 contract(s) at a $225.00 strike. The total cost received by the writing party (or parties) was $29.8K, with a price of $745.0 per contract. There were 16447 open contracts at this strike prior to today, and today 935 contract(s) were bought and sold. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a call option trade that happens to be bearish, expiring in 1 day(s) on November 1, 2024. This event was a transfer of 10 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $28.1K, with a price of $2810.0 per contract. There were 1209 open contracts at this strike prior to today, and today 654 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ENPH

FSLR

GDDY

MARA

WOLF

10 Information Technology Stocks With Whale Alerts In Today's Session

<h3>Gainers</h3>
<ul>
<li>Universal Security (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/UUU#AMEX">UUU</a>) shares moved upwards by 43.6% to $2.08 during Thursday's regular session. The company's market cap stands at $4.8 million. </li>
<li>Confluent (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CFLT#NASDAQ">CFLT</a>) stock rose 16.88% to $26.96. The company's market cap stands at $8.7 billion. As per the press release, Q3 earnings came out yesterday. </li>
<li>Twilio (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TWLO#NYSE">TWLO</a>) stock rose 15.31% to $81.38. The market value of their outstanding shares is at $13.0 billion. As per the press release, Q3 earnings came out yesterday. </li>
<li>CPS Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CPSH#NASDAQ">CPSH</a>) shares moved upwards by 15.17% to $1.67. The market value of their outstanding shares is at $24.2 million. As per the news, the Q3 earnings report came out yesterday. </li>
<li>Foxx Development Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXX#NASDAQ">FOXX</a>) shares increased by 15.06% to $8.86. The market value of their outstanding shares is at $64.5 million. </li>
<li>OneSpan (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OSPN#NASDAQ">OSPN</a>) shares moved upwards by 14.5% to $16.67. The market value of their outstanding shares is at $631.4 million. As per the press release, Q3 earnings came out yesterday. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Aurora Innovation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUR#NASDAQ">AUR</a>) stock decreased by 25.5% to $4.95 during Thursday's regular session. The company's market cap stands at $8.4 billion. As per the news, the Q3 earnings report came out yesterday. </li>
<li>Aware (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AWRE#NASDAQ">AWRE</a>) stock declined by 17.88% to $1.7. The company's market cap stands at $36.0 million. The company's, Q3 earnings came out yesterday. </li>
<li>Ostin Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OST#NASDAQ">OST</a>) stock fell 15.24% to $0.36. The company's market cap stands at $5.3 million. </li>
<li>Iveda Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IVDA#NASDAQ">IVDA</a>) shares declined by 14.68% to $1.57. The market value of their outstanding shares is at $3.5 million. </li>
<li>Super Micro Computer (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) shares declined by 13.64% to $28.56. The market value of their outstanding shares is at $16.7 billion. </li>
<li>LeddarTech Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LDTC#NASDAQ">LDTC</a>) stock declined by 12.46% to $0.23. The company's market cap stands at $6.8 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AWRE

CFLT

CPSH

FOXX

IVDA

LDTC

OSPN

TWLO

12 Information Technology Stocks Moving In Thursday's Intraday Session

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/584eee82ee7bf60001abdc0e/stephen-powers">Deutsche Bank analyst Stephen Powers</a> downgraded the rating for The Kraft Heinz Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KHC#NASDAQ">KHC</a>) from Buy to Hold and lowered the price target from $39 to $35. Kraft Heinz shares closed at $33.73 on Wednesday. <a href="https://www.benzinga.com/quote/KHC/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Morgan Stanley analyst Matthew Harrison downgraded Biogen Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIIB#NASDAQ">BIIB</a>) from Overweight to Equal-Weight and lowered the price target from $285 to $204. Biogen shares closed at $181.18 on Wednesday. <a href="https://www.benzinga.com/quote/BIIB/analyst-ratings">See how other analysts view this stock</a>.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/587e33185064ed0001730304/john-ivankoe">JP Morgan analyst John Ivankoe</a> downgraded the rating for Brinker International, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EAT#NYSE">EAT</a>) from Overweight to Neutral but raised the price target from $67 to $100. Brinker shares closed at $104.25 on Wednesday. <a href="https://www.benzinga.com/quote/EAT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Bernstein analyst Sara Russo downgraded Arm Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) from Market Perform to Underperform and maintained the price target of $100. ARM Holdings shares closed at $154.40 on Wednesday. <a href="https://www.benzinga.com/quote/ARM/analyst-ratings">See how other analysts view this stock</a>.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58d52968b85e930001416e52/jim-kelleher">Argus Research analyst Jim Kelleher</a> downgraded the rating for Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) from Buy to Hold. Super Micro Computer shares closed at $33.07 on Wednesday. <a href="https://www.benzinga.com/quote/SMCI/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying KHC stock? Here&#8217;s what analysts think: 
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In today's fast-paced and highly competitive business world, it is crucial for investors and industry followers to conduct comprehensive company evaluations. In this article, we will delve into an extensive industry comparison, evaluating Super Micro Computer (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) in relation to its major competitors in the Technology Hardware, Storage &amp; Peripherals industry. By closely examining key financial metrics, market standing, and growth prospects, our objective is to provide valuable insights and highlight company's performance in the industry.
<h3>Super Micro Computer Background</h3>
Super Micro Computer Inc provides high-performance server technology services to cloud computing, data center, Big Data, high-performance computing, and "Internet of Things" embedded markets. Its solutions include server, storage, blade and workstations to full racks, networking devices, and server management software. The firm follows a modular architectural approach, which provides flexibility to deliver customized solutions. The Company operates in one operating segment that develops and provides high-performance server solutions based upon an innovative, modular and open-standard architecture. More than half of the firm's revenue is generated in the United States, with the rest coming from Europe, Asia, and other regions.
<table>
<thead>
<tr>
<th>Company</th>
<th>P/E</th>
<th>P/B</th>
<th>P/S</th>
<th>ROE</th>
<th>EBITDA (in billions)</th>
<th>Gross Profit (in billions)</th>
<th>Revenue Growth</th>
</tr>
</thead>
<tbody>
<tr>
<td>Super Micro Computer Inc</td>
<td>16.46</td>
<td>3.54</td>
<td>1.33</td>
<td>6.68%</td>
<td>$0.4</td>
<td>$0.6</td>
<td>37.87%</td>
</tr>
<tr>
<td>Apple Inc</td>
<td>35.02</td>
<td>52.44</td>
<td>9.26</td>
<td>30.44%</td>
<td>$28.2</td>
<td>$39.68</td>
<td>4.87%</td>
</tr>
<tr>
<td>Hewlett Packard Enterprise Co</td>
<td>14.43</td>
<td>1.20</td>
<td>0.93</td>
<td>2.34%</td>
<td>$1.23</td>
<td>$2.44</td>
<td>10.11%</td>
</tr>
<tr>
<td>NetApp Inc</td>
<td>23.24</td>
<td>26.18</td>
<td>3.95</td>
<td>23.9%</td>
<td>$0.38</td>
<td>$1.1</td>
<td>7.61%</td>
</tr>
<tr>
<td>Western Digital Corp</td>
<td>73.65</td>
<td>1.99</td>
<td>1.56</td>
<td>4.28%</td>
<td>$0.34</td>
<td>$1.35</td>
<td>8.79%</td>
</tr>
<tr>
<td>Pure Storage Inc</td>
<td>123.65</td>
<td>12.04</td>
<td>6.20</td>
<td>2.52%</td>
<td>$0.08</td>
<td>$0.54</td>
<td>10.91%</td>
</tr>
<tr>
<td>Eastman Kodak Co</td>
<td>8.57</td>
<td>0.40</td>
<td>0.41</td>
<td>2.09%</td>
<td>$0.05</td>
<td>$0.06</td>
<td>-9.49%</td>
</tr>
<tr>
<td>Immersion Corp</td>
<td>4.83</td>
<td>1.21</td>
<td>1.72</td>
<td>13.41%</td>
<td>$0.03</td>
<td>$0.06</td>
<td>1323.8%</td>
</tr>
<tr>
<td>AstroNova Inc</td>
<td>15.92</td>
<td>1.10</td>
<td>0.68</td>
<td>-0.34%</td>
<td>$0.0</td>
<td>$0.01</td>
<td>14.12%</td>
</tr>
<tr>
<td>Average</td>
<td>37.41</td>
<td>12.07</td>
<td>3.09</td>
<td>9.83%</td>
<td>$3.79</td>
<td>$5.66</td>
<td>171.34%</td>
</tr>
</tbody>
</table>
<style>
 table {
 width: 100%;
 border-collapse: collapse;
 font-family: Arial, sans-serif;
 font-size: 14px;
 }

 th, td {
 padding: 8px;
 text-align: left;
 }

 th {
 background-color: #293a5a;
 color: #fff;
 text-align: left;
 }

 tr:nth-child(even) {
 background-color: #f2f4f8;
 }

 tr:hover {
 background-color: #e1e4ea;
 }

 td:nth-child(3), td:nth-child(5) {
 text-align: left;
 }

 .dividend-amount {
 font-weight: bold;
 color: #0d6efd;
 }

 .dividend-frequency {
 font-size: 12px;
 color: #6c757d;
 }
 </style>Upon analyzing Super Micro Computer, the following trends can be observed: 
<ul>
<li>
A Price to Earnings ratio of 16.46 significantly below the industry average by 0.44x suggests undervaluation. This can make the stock appealing for those seeking growth.
</li>
<li>
The current Price to Book ratio of 3.54, which is 0.29x the industry average, is substantially lower than the industry average, indicating potential undervaluation.
</li>
<li>
The Price to Sales ratio is 1.33, which is 0.43x the industry average. This suggests a possible undervaluation based on sales performance.
</li>
<li>
The company has a lower Return on Equity (ROE) of 6.68%, which is 3.15% below the industry average. This indicates potential inefficiency in utilizing equity to generate profits, which could be attributed to various factors.
</li>
<li>
The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of $400 Million is 0.11x below the industry average, suggesting potential lower profitability or financial challenges.
</li>
<li>
The gross profit of $600 Million is 0.11x below that of its industry, suggesting potential lower revenue after accounting for production costs.
</li>
<li>
The company is witnessing a substantial decline in revenue growth, with a rate of 37.87% compared to the industry average of 171.34%, which indicates a challenging sales environment.
</li>
</ul>
<h3>Debt To Equity Ratio</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730386862_0.png" alt="debt to equity" />
The debt-to-equity (D/E) ratio assesses the extent to which a company relies on borrowed funds compared to its equity.
Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.
By analyzing Super Micro Computer in relation to its top 4 peers based on the Debt-to-Equity ratio, the following insights can be derived:
<ul>
<li>
Super Micro Computer is in a relatively stronger financial position compared to its top 4 peers, as evidenced by its lower debt-to-equity ratio of 0.4.
</li>
<li>
This implies that the company relies less on debt financing and has a more favorable balance between debt and equity.
</li>
</ul>
<h3>Key Takeaways</h3>
For Super Micro Computer in the Technology Hardware, Storage &amp; Peripherals industry, the PE, PB, and PS ratios are all low compared to its peers, indicating potential undervaluation. However, the low ROE, EBITDA, gross profit, and revenue growth suggest weaker financial performance relative to industry competitors. This combination of low valuation multiples and weak operational metrics may warrant further investigation into Super Micro Computer's financial health and growth prospects within the sector.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

In-Depth Analysis: Super Micro Computer Versus Competitors In Technology Hardware, Storage &amp; Peripherals Industry

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Legal

Press Releases

SMCI Investors Have Opportunity to Lead Super Micro Computer, Inc. Securities Fraud Lawsuit with the Schall Law Firm

The Gross Law Firm Reminds Super Micro Computer, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of October 29, 2024 – SMCI

Supermicro Schedules Conference Call and Webcast for First Quarter Fiscal 2025 Business Update

Pomerantz Law Firm Announces the Filing of a Class Action Against Super Micro Computer, Inc. – SMCI

Ademi LLP Investigates Claims of Securities Fraud against Super Micro Computer, Inc.

SUPER MICRO ALERT: Bragar Eagel & Squire, P.C. is Investigating Super Micro Computer, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Tidal Financial Group Announces Reverse Stock Split for Defiance Daily Target 2X Long SMCI ETF (Ticker: SMCX)

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