QQQ   431.77 (+0.16%)
AAPL   169.38 (-1.92%)
MSFT   416.03 (+0.58%)
META   502.05 (+0.36%)
GOOGL   154.65 (-0.14%)
AMZN   183.75 (+0.07%)
TSLA   156.93 (-2.82%)
NVDA   872.21 (+1.42%)
AMD   163.28 (+1.85%)
NIO   3.81 (-2.06%)
BABA   69.89 (-1.03%)
T   16.05 (-1.17%)
F   12.16 (-0.57%)
MU   121.30 (-0.06%)
GE   155.76 (+1.34%)
CGC   6.88 (-1.43%)
DIS   114.11 (+1.03%)
AMC   2.72 (+10.12%)
PFE   25.84 (-0.27%)
PYPL   63.96 (+0.71%)
XOM   118.78 (-0.75%)
QQQ   431.77 (+0.16%)
AAPL   169.38 (-1.92%)
MSFT   416.03 (+0.58%)
META   502.05 (+0.36%)
GOOGL   154.65 (-0.14%)
AMZN   183.75 (+0.07%)
TSLA   156.93 (-2.82%)
NVDA   872.21 (+1.42%)
AMD   163.28 (+1.85%)
NIO   3.81 (-2.06%)
BABA   69.89 (-1.03%)
T   16.05 (-1.17%)
F   12.16 (-0.57%)
MU   121.30 (-0.06%)
GE   155.76 (+1.34%)
CGC   6.88 (-1.43%)
DIS   114.11 (+1.03%)
AMC   2.72 (+10.12%)
PFE   25.84 (-0.27%)
PYPL   63.96 (+0.71%)
XOM   118.78 (-0.75%)
QQQ   431.77 (+0.16%)
AAPL   169.38 (-1.92%)
MSFT   416.03 (+0.58%)
META   502.05 (+0.36%)
GOOGL   154.65 (-0.14%)
AMZN   183.75 (+0.07%)
TSLA   156.93 (-2.82%)
NVDA   872.21 (+1.42%)
AMD   163.28 (+1.85%)
NIO   3.81 (-2.06%)
BABA   69.89 (-1.03%)
T   16.05 (-1.17%)
F   12.16 (-0.57%)
MU   121.30 (-0.06%)
GE   155.76 (+1.34%)
CGC   6.88 (-1.43%)
DIS   114.11 (+1.03%)
AMC   2.72 (+10.12%)
PFE   25.84 (-0.27%)
PYPL   63.96 (+0.71%)
XOM   118.78 (-0.75%)
QQQ   431.77 (+0.16%)
AAPL   169.38 (-1.92%)
MSFT   416.03 (+0.58%)
META   502.05 (+0.36%)
GOOGL   154.65 (-0.14%)
AMZN   183.75 (+0.07%)
TSLA   156.93 (-2.82%)
NVDA   872.21 (+1.42%)
AMD   163.28 (+1.85%)
NIO   3.81 (-2.06%)
BABA   69.89 (-1.03%)
T   16.05 (-1.17%)
F   12.16 (-0.57%)
MU   121.30 (-0.06%)
GE   155.76 (+1.34%)
CGC   6.88 (-1.43%)
DIS   114.11 (+1.03%)
AMC   2.72 (+10.12%)
PFE   25.84 (-0.27%)
PYPL   63.96 (+0.71%)
XOM   118.78 (-0.75%)
NASDAQ:SGH

SMART Global (SGH) Stock Price, News & Analysis

$19.31
+0.44 (+2.33%)
(As of 12:45 PM ET)
Today's Range
$18.50
$19.34
50-Day Range
$18.87
$26.90
52-Week Range
$12.66
$29.99
Volume
527,887 shs
Average Volume
1.11 million shs
Market Capitalization
$1.01 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$30.70

SMART Global MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
62.7% Upside
$30.70 Price Target
Short Interest
Bearish
7.63% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.80mentions of SMART Global in the last 14 days
Based on 40 Articles This Week
Insider Trading
Acquiring Shares
$187,900 Bought Last Quarter
Proj. Earnings Growth
128.13%
From $0.64 to $1.46 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.18 out of 5 stars

Computer And Technology Sector

279th out of 591 stocks

Semiconductors & Related Devices Industry

40th out of 90 stocks

SGH stock logo

About SMART Global Stock (NASDAQ:SGH)

SMART Global Holdings, Inc., a memory-focused company, engages in the designing and development of enterprise solutions in the United States, China, Europe, and internationally. It operates through Memory Solutions, Intelligent Platform Solutions, and LED Solutions segments. The company offers dynamic random access memory modules, solid-state and flash storage, and other advanced memory solutions for networking and telecom, data analytics, artificial intelligence and machine learning applications; and supply chain services including procurement, logistics, inventory management, temporary warehousing, programming, kitting, and packaging services. It also provides Penguin Computing that focus on technical computing for core and cloud environments through HPC and AI solutions; and Penguin Edge, an edge computing solution for embedded and wireless applications including high-performance products for government, health care, industrial, and telecommunications applications. In addition, the company offers Stratus, which provides simplified, protected, and autonomous fault tolerant computing solutions in the data center and at the Edge through hardware and software services; and leading-edge solutions to education, energy, financial services, government, hyperscale, and manufacturing markets. Further, it provides LED-based products comprising blue and green LED chips based on gallium nitride, and related materials under Cree LED brand; and surface mount devices under the Cree LED XLamp and J Series brand. The company 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. SMART Global Holdings, Inc. was founded in 1988 and is headquartered in Milpitas, California.

SGH Stock Price History

SGH Stock News Headlines

SMART Global Gets 25% Discount: Analysts Lift Targets
Weak details or not, the 25% price implosion in SMART Global NASDAQ: SGH share price is an opportune time to buy into this stock. The expectations were high going into the Q2 report, and end-market normalization is still in play, so weakness is not surprising.
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
SMART Global Gets 25% Discount: Analysts Lift Targets
SMART Global is a deeply undervalued stock that has been well-positioned for a decades-long upgrade cycle of AI-driven industrial and enterprise applications.
Insiders Buying SMART Global Holdings And 2 Other Stocks
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
SMART Global (NASDAQ:SGH) Shares Gap Down to $25.92
SMART Global Q2 Earnings: Not Worth Chasing Higher
Q2 2024 SMART Global Holdings Inc. Earnings Call
See More Headlines
Receive SGH Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for SMART Global and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
1/09/2024
Today
4/16/2024
Next Earnings (Estimated)
7/04/2024
Fiscal Year End
8/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:SGH
Previous Symbol
NASDAQ:SGH
Employees
3,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$30.70
High Stock Price Target
$35.00
Low Stock Price Target
$27.00
Potential Upside/Downside
+63.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-187,530,000.00
Pretax Margin
-3.25%

Debt

Sales & Book Value

Annual Sales
$1.44 billion
Cash Flow
$3.68 per share
Book Value
$4.58 per share

Miscellaneous

Free Float
51,094,000
Market Cap
$983.76 million
Optionable
Optionable
Beta
1.74
Beginner's Guide to Pot Stock Investing Cover

Click the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise.

Get This Free Report

Key Executives


SGH Stock Analysis - Frequently Asked Questions

Should I buy or sell SMART Global stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SMART Global in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SGH shares.
View SGH analyst ratings
or view top-rated stocks.

What is SMART Global's stock price target for 2024?

3 equities research analysts have issued 1-year target prices for SMART Global's shares. Their SGH share price targets range from $27.00 to $35.00. On average, they predict the company's share price to reach $30.70 in the next twelve months. This suggests a possible upside of 62.7% from the stock's current price.
View analysts price targets for SGH
or view top-rated stocks among Wall Street analysts.

How have SGH shares performed in 2024?

SMART Global's stock was trading at $18.93 at the beginning of the year. Since then, SGH shares have decreased by 0.3% and is now trading at $18.87.
View the best growth stocks for 2024 here
.

Are investors shorting SMART Global?

SMART Global saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 3,990,000 shares, an increase of 40.5% from the March 15th total of 2,840,000 shares. Based on an average trading volume of 1,020,000 shares, the days-to-cover ratio is currently 3.9 days.
View SMART Global's Short Interest
.

When is SMART Global's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 4th 2024.
View our SGH earnings forecast
.

How were SMART Global's earnings last quarter?

SMART Global Holdings, Inc. (NASDAQ:SGH) issued its quarterly earnings data on Tuesday, January, 9th. The company reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.08. The business had revenue of $274.25 million for the quarter, compared to analyst estimates of $275 million. SMART Global had a positive trailing twelve-month return on equity of 11.82% and a negative net margin of 15.79%. SMART Global's quarterly revenue was down 30.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.60 earnings per share.

When did SMART Global's stock split?

SMART Global shares split before market open on Wednesday, February 2nd 2022. The 2-1 split was announced on Wednesday, February 2nd 2022. The newly issued shares were issued to shareholders after the closing bell on Wednesday, February 2nd 2022. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What guidance has SMART Global issued on next quarter's earnings?

SMART Global updated its third quarter 2024 earnings guidance on Tuesday, April, 9th. The company provided earnings per share guidance of 0.150-0.450 for the period, compared to the consensus EPS estimate of 0.280. The company issued revenue guidance of $275.0 million-$325.0 million, compared to the consensus revenue estimate of $307.9 million.

What is Iain MacKenzie's approval rating as SMART Global's CEO?

11 employees have rated SMART Global Chief Executive Officer Iain MacKenzie on Glassdoor.com. Iain MacKenzie has an approval rating of 93% among the company's employees. This puts Iain MacKenzie in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of SMART Global own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SMART Global investors own include Micron Technology (MU), Alibaba Group (BABA), NVIDIA (NVDA), Intel (INTC), Verizon Communications (VZ), Applied Materials (AMAT), Block (SQ), Lam Research (LRCX), Advanced Micro Devices (AMD) and AbbVie (ABBV).

When did SMART Global IPO?

SMART Global (SGH) raised $74 million in an IPO on Wednesday, May 24th 2017. The company issued 5,300,000 shares at a price of $13.00-$15.00 per share. Barclays, Deutsche Bank Securities, Jefferies and Stifel acted as the underwriters for the IPO and Needham & Company and Roth Capital Partners were co-managers.

Who are SMART Global's major shareholders?

SMART Global's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.07%) and GAMMA Investing LLC (0.00%). Insiders that own company stock include Ajay Shah, Claude Demby, Jack A Pacheco, Jack A Pacheco, Joseph Gates Clark, Ken Rizvi, Lake (Offshore) Aiv Gp Silver, Mark Adams, Mukesh Patel, Penny Herscher, Sandeep Nayyar and Thierry Pellegrino.
View institutional ownership trends
.

How do I buy shares of SMART Global?

Shares of SGH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SGH) was last updated on 4/16/2024 by MarketBeat.com Staff

From Our Partners