Super Micro Computer, Inc. Share Price Target ‘$753.05’, now -7.8% Downside Potential

Broker Ratings
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Super Micro Computer, Inc. with ticker code (SMCI) have now 12 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $1,300.00 and $250.00 calculating the mean target share price we have $753.05. (at the time of writing). Now with the previous closing price of $816.54 this now indicates there is a potential downside of -7.8%. The day 50 moving average is $517.01 and the 200 day MA is $325.51. The total market capitalization for the company now stands at 48.44B. The current stock price for Microsoft Corporation is currently $866.12 USD

The potential market cap would be $44,678,115,528 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 67.56, revenue per share of $173.37 and a 12.82% 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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