SMART Global Holdings, Inc. (SGH)
| Market Cap | 966.97M |
| Revenue (ttm) | 1.11B |
| Net Income (ttm) | -198.84M |
| Shares Out | 52.30M |
| EPS (ttm) | -3.84 |
| PE Ratio | n/a |
| Forward PE | 11.60 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,303,001 |
| Open | 17.60 |
| Previous Close | 17.76 |
| Day's Range | 17.48 - 18.56 |
| 52-Week Range | 12.66 - 29.99 |
| Beta | 1.73 |
| Analysts | Strong Buy |
| Price Target | 30.07 (+62.63%) |
| Earnings Date | Apr 9, 2024 |
About 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... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for SGH stock is "Strong Buy." The 12-month stock price forecast is $30.07, which is an increase of 62.63% from the latest price.
News
SMART Modular Technologies Introduces New Family of CXL Add-in Cards for Memory Expansion in High Performance Servers
NEWARK, Calif.--(BUSINESS WIRE)---- $SGH #AI--SMART Modular Technologies announces its new family of Add-In Cards which implements the CXL standard and also supports industry standard DDR5 DIMMs.
Smart Global Stock Drops After Sales Miss. One Bull Called the Bottom.
Computing and memory firm Smart Global posted a mixed second-quarter report. Needham analyst Quinn Bolton increased his price target on shares to $27 from $24.
SGH Reports Second Quarter Fiscal 2024 Financial Results
MILPITAS, Calif.--(BUSINESS WIRE)---- $SGH #AI--SMART Global Holdings (SGH) today reported financial results for Q2 FY2024 with revenue of $285 million; Pete Manca to lead IPS; webcast at 4:30pm ET.
SMART Modular Technologies Introduces Zefr ZDIMM Memory Modules with Ultra-High Reliability for Demanding Compute Applications
NEWARK, Calif.--(BUSINESS WIRE)---- $SGH #DDR4--SMART Modular announces its ultra-high reliability memory solution, Zefr ZDIMM memory modules, which are ideally suited for large memory applications.
SGH Announces Second Quarter Fiscal 2024 Financial Conference Call
MILPITAS, Calif.--(BUSINESS WIRE)---- $SGH #IR--SGH announced it will host its quarterly financial webcast and conf call for Q2FY2024 earnings after market close on Tues, April 9 at 4:30 p.m. ET.
Cree LED and Current Lighting Enter into License Agreement
DURHAM, N.C.--(BUSINESS WIRE)---- $SGH #CreeLED--Cree LED and Current Lighting announced that they entered into a patent license agreement regarding Current's patents related to KSF/PFS red phosphor.
SGH Reports First Quarter Fiscal 2024 Financial Results
MILPITAS, Calif.--(BUSINESS WIRE)---- $SGH #IR--SMART Global Holdings (SGH) today reported financial results for Q1FY2024, and will host a conf call & webcast at 4:30 p.m. ET to discuss Q1 results.
20 favorite small-cap stocks for 2024 among Wall Street analysts
The 2023 stock-market rally has been led by the “Magnificent Seven” companies, which have driven an accelerating upward trend for the large-cap benchmark S&P 500. Shares of smaller and medium-sized co...
SGH Announces First Quarter Fiscal 2024 Financial Conference Call
MILPITAS, Calif.--(BUSINESS WIRE)---- $SGH #IR--SGH today announced that it will host its quarterly financial webcast and conf call for Q1FY2024 earnings on Tues, Jan 9 at 1:30 p.m. PT/4:30 p.m. ET.
SGH Completes Sale of Majority Stake of SMART Brazil
MILPITAS, Calif.--(BUSINESS WIRE)---- $SGH #IR--SGH announced that through its wholly-owned subsidiary SMART Modular, completed its previously announced sale of 81% of “SMART Brazil” to Lexar Europe.
Stratus Showcases Proven Edge Computing Platforms at Automation Fair 2023
MAYNARD, Mass.--(BUSINESS WIRE)--Stratus Technologies, an SGH (Nasdaq: SGH) company and a global leader in simplified, protected, and autonomous Edge Computing platforms, today announced its participa...
Stratus Unveils Evolutionary Fault Tolerance with ztC Endurance Family of Intelligent, Predictive Computing Platforms
MAYNARD, Mass.--(BUSINESS WIRE)--Stratus Technologies, Inc. (“Stratus”), an SGH (Nasdaq: SGH) company and a global leader in simple, protected, and autonomous Edge Computing platforms, today announced...
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.
SGH Reports Fourth Quarter and Full Year Fiscal 2023 Financial Results
MILPITAS, Calif.--(BUSINESS WIRE)---- $SGH #IR--SMART Global Holdings, Inc. (SGH) today reported financial results for Q4 and full year fiscal 2023; net sales of $1.44B, up 3.3% vs fiscal year 2022.
SGH Releases 2022 Environmental, Social and Governance Report
MILPITAS, Calif.--(BUSINESS WIRE)---- $SGH #ESG--SGH today released the SGH 2022 ESG Report, the third annual record of SGH's progress toward its environmental, social, and governance (ESG) goals.
SGH Announces Fourth Quarter Fiscal 2023 Financial Conference Call
MILPITAS, Calif.--(BUSINESS WIRE)---- $SGH #SGH--SGH announced that it will host its quarterly financial webcast and call for Q4FY2023 earnings after market close on Thurs, Oct 12, 2023 at 4:30 pm ET.
SGH Appoints Mary G. Puma as Independent Member of Board of Directors
MILPITAS, Calif.--(BUSINESS WIRE)---- $SGH #BoD--SGH (SMART Global Holdings) today announced the appointment of Mary G. Puma, most recently president and CEO of Axcelis, to SGH's board of directors.
Cree LED Announces Fourth Gen XLamp XP-G Product Family
DURHAM, N.C.--(BUSINESS WIRE)---- $SGH #CreeLED--Cree LED today unveiled the 4th gen of its industry-leading XLamp XP-G product family featuring the latest advancements in high-power LED technology.
SMART Modular Technologies' Data Center SSDs Designated as OCP Inspired™ by the Open Compute Project
NEW TAIPEI CITY, Taiwan--(BUSINESS WIRE)---- $SGH #AdvancedMemory--SMART Modular announces that Open Compute Project (OCP) has accepted SMART's DC4800 data center solid state drives (SSDs) as an OCP I...
Laurello to Lead SGH's IPS Business
MILPITAS, Calif.--(BUSINESS WIRE)---- $SGH #AI--SGH today announced an expanded role for Dave Laurello who will now lead SGH's IPS business, which includes both Penguin Solutions and Stratus.
SGH Reports Third Quarter Fiscal 2023 Financial Results
MILPITAS, Calif.--(BUSINESS WIRE)---- $SGH #AI--SMART Global Holdings (SGH) today reported financial results for third quarter FY2023 with strong operating results and record cash and equivalents.
Cree LED Moves into New Headquarters in Research Triangle Park
DURHAM, N.C.--(BUSINESS WIRE)---- $SGH #CreeLED--Cree LED announced today that it has officially moved into its new 85,866 sq. ft. headquarters at the Park Point campus in Research Triangle Park, NC.
SGH to Divest Majority Stake of SMART Modular Brazil
MILPITAS, Calif.--(BUSINESS WIRE)---- $SGH #SGH--SGH announced it has entered into an agreement to sell an 81% interest in SMART Modular Technologies do Brasil aka “SMART Brazil” to Lexar Europe B.V.
SGH Announces Third Quarter Fiscal 2023 Financial Conference Call
MILPITAS, Calif.--(BUSINESS WIRE)---- $SGH #SGH--SGH announced that it will host a quarterly financial webcast & conf call for Q3FY23 earnings after market close on June 29 at 1:30 pm PT/4:30 pm ET.
Cree LED Recognized with Three 2023 BrightStar Awards from LEDs Magazine
DURHAM, N.C.--(BUSINESS WIRE)---- $SGH #BrightStarAwards--Cree LED announced today that three of its latest product releases have been recognized with BrightStar Awards by LEDs Magazine.