Supermicro (SMCI) shares dropped over 20% due to disappointing Q4 earnings blamed on tariffs. CEO confirms measures to reduce tariff impact. Stock down 25% from recent high. Q1 outlook predicts EPS between $0.40 and $0.52, revenue at $6.5 billion, lower than analyst expectations. Analysts caution against buying the dip.

Bank of America analyst reiterates “Underperform” rating on SMCI due to gross margin hits and inventory reserves. Customers waiting for Nvidia’s next-gen chips a concern. BofA sets $37 price target, indicating potential for 15% downside. Wall Street firms caution against post-earnings dip, consensus rating at “Hold.”

Wajeeh Khan does not hold positions in mentioned securities. Information provided for informational purposes only. Source: Barchart.com.

Read more at Yahoo Finance: As Super Micro Computer Stock Absolutely Plunges, Should You Buy the SMCI Dip?