Super Micro Computer Inc. (SMCI) Analyst Ratings and Price Targets
Analyst Matt Bryson maintained a Neutral rating on SMCI but raised the price target from $530 to $800. He noted strong revenue guidance and accelerating sales momentum, but also concerns about potential margin deterioration due to competition in the AI server market.
Analyst Ruplu Bhattacharya reiterated a Buy rating with a price target of $1,090. He believes the company will exceed consensus forecasts for the June quarter and is well-positioned to capitalize on growing demand for AI servers.
Analyst Michael Ng maintained a Neutral rating with a price target of $800. He acknowledged strong revenue and guidance but expressed concerns about potential margin pressure from AI server sales and competition.
Analyst Samik Chatterjee reiterated an Overweight rating with a price target of $1,150. He highlighted concerns about gross margin compression and potential capital raises to support growth, but remains optimistic about the company's long-term prospects.
Analyst opinions on SMCI are mixed, with some expressing concerns about margins and competition while others remain bullish on the company's growth potential.
SMCI shares were down 11.8% at $757.01 at last check Wednesday.
Investors can gain exposure to SMCI through ETFs such as Invesco S&P MidCap Momentum ETF (XMMO) and IShares U.S. Digital Infrastructure And Real Estate ETF (IDGT).