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Is Super Micro Computer (NASDAQ:SMCI) Stock a Buy After Recent Short-Seller Allegations?

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Summary
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77% Informative

Super Micro Computer ( SMCI ) has faced significant short-selling pressure following a bearish report alleging misconduct in the company’s operations.

The report accuses the AI -focused company of accounting manipulation, among other claims.

The unconfirmed allegations introduce a level of speculation that complicates the assessment of their seriousness.

Super Micro Computer's stock has sold off by around 35% following the Hindenburg Research report.

Shares now trade at a much more attractive valuation, with a forward P/E of 11.5x compared to the levels above 45x seen in March .

Despite this, the current consensus remains bullish with a “ Moderate Buy ” rating and an average price target of $ 978.50 .