Profile
Sector:
TechnologyIndustry:
SemiconductorsCountry:
United StatesIPO:
24 May 2017Website:
http://www.smartm.comNext earnings report:
09 July 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 03 Jul 2024 20:58:13 GMTDividend
Analysts recommendations
Institutional Ownership
SGH Latest News
SMART Global's (SGH) third-quarter fiscal 2024 results are likely to reflect strength across Penguin solutions amid macro headwinds.
FREMONT, Calif.--(BUSINESS WIRE)-- #AI--Penguin announced expansion of OriginAI solution to include validated pre-defined AI architectures backed by cluster management software and services.
MILPITAS, Calif.--(BUSINESS WIRE)---- $SGH #IPS--SGH will host an Analyst Day July 16; 10 am - 12:30 pm ET; at the Nasdaq MarketSite in NYC. Advanced registration is required for the in-person event.
SMART Global (SGH) is currently considered oversold, suggesting that the intense selling pressure on the stock has been exhausted. With Wall Street analysts increasingly raising earnings estimates, there is a possibility of a turnaround for the stock in the near future.
Despite the lack of strong details, the 25% decrease in SMART Global's NASDAQ: SGH stock price presents a good opportunity to invest in this company. The high expectations for the Q2 report and the ongoing normalization of the end-market make the current weakness expected.
Smart Global, a company in the computing and memory industry, released a somewhat inconsistent report for the second quarter. Analyst Quinn Bolton from Needham raised the price target on the company's shares to $27 from $24.
SMART Global Holdings, Inc. (NASDAQ:SGH) will be hosting its Q2 2024 Earnings Conference Call on April 9, 2024 at 4:30 PM ET. The call will feature company representatives Suzanne Schmidt, Mark Adams, Ken Rizvi, and Jack Pacheco, as well as participants Quinn Bolton, Kevin Cassidy, and Denis Pyatchanin. The moderator for the call will be Kate. Thank you for joining us this afternoon.
SMART Global Holdings, Inc. (SGH) reported earnings of $0.27 per share for the quarter, surpassing the Zacks Consensus Estimate of $0.25 per share. This is lower than the earnings of $0.76 per share reported in the same quarter last year.
SMART Global Holdings' (SGH) second-quarter fiscal 2024 results are likely to reflect strength in LED Solutions.
The consensus price target hints at a 37.6% upside potential for SMART Global Holdings, Inc. (SGH). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
- 1(current)
- 2
What type of business is SMART Global Holdings?
SMART Global Holdings, Inc. designs and manufactures specialty solutions for the computing, memory, and LED markets in the United states, Brazil, China, Europe, and internationally. It operates through Memory Solutions, Intelligent Platforms Solutions, and LED Solutions segments. The company offers dynamic random access memory modules for desktops, notebooks, servers, and smartphones; embedded and removable flash memory products; and flash component products. It also provides supply chain services, including procurement, logistics, inventory management, temporary warehousing, programming, kitting, and packaging. In addition, the company offers Penguin Computing solutions to customers in financial services, energy, government, social media, and education end markets; Penguin Edge solutions to government, telecommunications, health care, smart city, network edge, and industrial applications; and hardware and software products, including solutions based on the Open Compute Project. Further, it provides servers, software, integrated turn-key clusters, enterprise-grade storage, and networking in hardware or cloud-based solutions through Penguin-On-Demand; Open Compute Tundra Extreme Scale products; turn-key storage solutions; and rackmount servers and GPU accelerated computing platforms. Additionally, the company's LED Solutions offers application-optimized LEDs for lighting, video screens, and specialty lighting applications under the CreeLED brand. It sells its products directly to original equipment manufacturers, enterprise, government and other end customers through direct sales force, e-commerce, customer service representatives, on-site field application engineers, independent sales representatives, distributors, integrators, and resellers. The company was formerly known as Saleen Holdings, Inc. and changed its name to SMART Global Holdings, Inc. in August 2014. SMART Global Holdings, Inc. was founded in 1988 and is headquartered in Newark, California.
What sector is SMART Global Holdings in?
SMART Global Holdings is in the Technology sector
What industry is SMART Global Holdings in?
SMART Global Holdings is in the Semiconductors industry
What country is SMART Global Holdings from?
SMART Global Holdings is headquartered in United States
When did SMART Global Holdings go public?
SMART Global Holdings initial public offering (IPO) was on 24 May 2017
What is SMART Global Holdings website?
https://www.smartm.com
Is SMART Global Holdings in the S&P 500?
No, SMART Global Holdings is not included in the S&P 500 index
Is SMART Global Holdings in the NASDAQ 100?
No, SMART Global Holdings is not included in the NASDAQ 100 index
Is SMART Global Holdings in the Dow Jones?
No, SMART Global Holdings is not included in the Dow Jones index
When does SMART Global Holdings report earnings?
The next expected earnings date for SMART Global Holdings is 09 July 2024