#2 - Super Micro Computer (NASDAQ:SMCI)
Super Micro Computer Inc. (NASDAQ: SMCI) builds high-performance AI server solutions—critical infrastructure as companies race to meet AI’s power demands. With proven products and ongoing R&D, SMCI is positioned to adapt and lead in a fast-evolving space.
SMCI stock has been volatile in the last nine months. The company was embroiled in allegations of wrongful accounting practices that threatened its NASDAQ listing. But Super Micro has put those issues behind it. The stock is up 17% after it proved to investors that it had met NASDAQ requirements—and much of that lift came from large institutions.
One concern weighing on technology stocks is that the AI bubble may be leaking air. But analysts remain bullish, with 18 of them assigning a consensus price target of $53.
About Super Micro Computer
Super Micro Computer, Inc, together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.
More about Super Micro Computer- Current Price
- $29.82
- Consensus Rating
- Hold
- Ratings Breakdown
- 6 Buy Ratings, 10 Hold Ratings, 2 Sell Ratings.
- Consensus Price Target
- $53.00 (77.7% Upside)
