Smart Global Stock Sinks 45% After Revenue Miss. These Analysts Still Say Buy.
The company posts fiscal fourth-quarter net sales $316.7 million, well below analysts' estimates of $375 million.
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The company posts fiscal fourth-quarter net sales $316.7 million, well below analysts' estimates of $375 million.
SMART Global (NASDAQ:SGH – Get Free Report)‘s stock had its “buy” rating restated by investment analysts at Needham & Company LLC in a report issued on Friday, Benzinga reports. They currently have a $22.00 target price on the stock. Needham & Company LLC’s price objective suggests a potential upside of 66.92% from the stock’s current […]
Smart Global badly missed expectations with its latest quarter's results and its outlook.
Smart Global badly missed expectations with its latest quarter's results and its outlook.
SMART Global (NASDAQ:SGH – Get Free Report) updated its first quarter 2024 earnings guidance on Thursday. The company provided EPS guidance of 0-$0.30 for the period, compared to the consensus EPS estimate of $0.40. The company issued revenue guidance of $250.00 million-$300.00 million, compared to the consensus revenue estimate of $383.44 million. SMART Global also […]