Super Micro Computer, Inc. Share Price Target ‘$1,024.58’, now 47.3% Upside Potential

Broker Ratings
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Super Micro Computer, Inc. with ticker code (SMCI) have now 13 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $1,500.00 and $325.00 calculating the average target share price we see $1,024.58. (at the time of writing). Given that the stocks previous close was at $695.61 and the analysts are correct then we can expect a percentage increase in value of 47.3%. The 50 day MA is $839.44 and the 200 day moving average is $650.09. The company has a market cap of 41.70B. The stock price is currently at: $712.19 USD

The potential market cap would be $61,425,831,742 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 39.68, revenue per share of $218.52 and a 11.91% return on assets.

Super Micro Computer, Inc. is a global technology company. The Company provides Silicon Valley-based accelerated compute platforms that are application-optimized server and storage systems for various markets, including enterprise data centers, cloud computing, artificial intelligence, fifth generation (5G) and edge computing. The Company’s solutions include artificial intelligence (AI) and high-performance computing (HPC), enterprise applications and data analytics, data management, cloud and virtualization, 5G, edge computing and Internet of things (IoT), and hyperscale infrastructure. The Company also provides global support and services to help customers install, upgrade, and maintain their computing infrastructure. The Company offers an array of products which include servers and storage, building blocks, IoT and embedded, networking, and workstations and gaming products. The Company operates in United States, Asia and Europe.

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