Super Micro Computer: Nothing in the calendar!

No news, no events: The Super Micro Computer share has nothing to offer

The Super Micro Computer share (NASDAQ:SMCI) has been unable to ignite any euphoria among investors in recent months. Since the beginning of the year, the share has lost more than 15 percent. The reasons for this are manifold, but above all it is the lack of news and events that is weighing on the share price.

No new products, no new markets

Super Micro Computer is a manufacturer of server and storage systems. The company's products are used by data centers, cloud providers, and other businesses. In recent years, however, Super Micro Computer has not been able to generate any major new products or open up new markets. This has led to a stagnation of sales and profits.

Competition is fierce

The competition in the server and storage market is fierce. Super Micro Computer is competing with major players such as Dell, HPE, and Lenovo. These companies have much larger resources and can offer their products at lower prices. This makes it difficult for Super Micro Computer to stand out from the crowd.

The share price is overvalued

Analysts believe that the Super Micro Computer share is overvalued. The company's P/E ratio is currently around 20, which is higher than the average P/E ratio of the industry. This means that investors are paying a premium for the Super Micro Computer share.

Outlook

The outlook for the Super Micro Computer share is not very positive. The company is facing strong competition and has not been able to generate any major new products in recent years. This is likely to continue to weigh on the share price in the coming months.