Published February 28, 2025

12:25 PM EST

Bloomberg / Getty Images

Key Takeaways

  • Supermicro shares are on pace to fall substantially this week, reversing some of the stock’s recent momentum.
  • The company filed belated financial disclosures with the SEC this week, beating a deadline that could have meant delisting from the Nasdaq.
  • The stock is still up about 40% so far in 2025—but is worth around half what it was a year ago.

Shares of Super Micro Computer (SMCI) are on pace to end the week lower even after the company avoided delisting on Tuesday.

The server maker’s stock surged leading up to and after a business update on Feb. 11 that culminated earlier this week with the filing of belated financial disclosures with the SEC. Supermicro said it was back in compliance with Nasdaq requirements and said “the matter is now closed.”

That has not, however, ended the stock’s volatile run. Recently trading around $43, it closed Wednesday above $50 a share. The stock has lost about a quarter of its value this week and is lower for a second day in a row—while still nearly 40% higher so far in 2025. Zooming further out, the company is worth about half what it was a year ago.

At the company’s second-quarter update, CEO Charles Liang said Supermicro’s revenue could grow 60% in 2026 to $40 billion, driven by demand for its data center infrastructure solutions.

Supermicro shares were recently down about 1% intraday Friday, after falling as much as 9% earlier in the session.