Super Micro Computer shares fell despite beating Q4 EPS estimates and reporting higher revenue, as StockNews downgraded to "sell".

Shares of Super Micro Computer (NASDAQ: SMCI) fell on Monday, despite beating Q4 EPS estimates by $0.65 and reporting revenue of $3.66B, vs. analyst estimates of $2.80B. StockNews downgraded it to a "sell," while others have "buy" ratings. Super Micro is expected to report Q3 EPS of $5.68 and revenues of $3.9B on April 30. Its shares have surged 804% in a year, driven by its leading position in AI market.