NEW YORK, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Super Micro Computer, Inc. (NASDAQ: SMCI) and certain of the Company's senior executives for potential violations of the federal securities laws. If you invested in Super Micro Computer, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/super-micro-computer-inc. Investors have until October 29, 2024 to as ...

NEW YORK, Sept. 19, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Super Micro Computer, Inc. (NASDAQ: SMCI). Shareholders who purchased shares of SMCI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/super-micro-computer-inc-loss-submission-form/?id=103518&from=4 CLASS PERI ...

Two Wall Street analysts think Super Micro Computer's stock could nearly triple in value. Nvidia has led the S&P 500 (^GSPC -0.29%) higher this year amid frenetic interest in artificial intelligence (AI). The stock has surged 136% since January, and Wall Street analysts forecast median upside of 30% from the current share price of $115. But betting on a single AI stock is a bad strategy. Consultancy PwC estimates AI will add more than $15 trillion to the global economy by 2030, and numerous companies will b ...

The most recent trading session ended with Super Micro Computer (SMCI) standing at $436.88, reflecting a -0.57% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily loss of 0.29%. Elsewhere, the Dow lost 0.25%, while the tech-heavy Nasdaq lost 0.31%. Coming into today, shares of the server technology company had lost 28.08% in the past month. In that same time, the Computer and Technology sector lost 1.17%, while the S&P 500 gained 1.57%. The investment commun ...

Key Takeaways Analysts at Needham started coverage of Super Micro Computer with a "buy" rating and a bullish price target. The server maker has the potential to double its manufacturing capacity of liquid cooling rack systems in the long term, Needham analysts said. Super Micro's stock has drawn skepticism in recent weeks from other analysts, including those at JP Morgan, though the share remains up substantially year-to-date. Super Micro Computer (SMCI) shares are trading for less than half of their 2024 h ...

Stocks were choppy in the lead-up to today's Federal Reserve policy announcement. While the main indexes made a confident move higher after the central bank cut rates by a half-percentage point, a late-day burst of selling pressure sent them into the red at the close. Ahead of this afternoon's rate-cut decision, data from the Census Bureau showed housing starts increased 9.6% in August from the month prior, to a seasonally adjusted annual rate of 1.356 million. Building permits, which are a better indicator ...

Needham analyst Quinn Bolton initiated coverage on Super Micro Computer Inc SMCI with a Buy rating and a price target of $600. Bolton noted Super Micro as a "show me" story on its margin recovery, justifying its multiple being at a slight premium to its hardware rivals. The analyst noted that the stock price reflects most of the risk associated with the Board's review of internal controls. Also Read: NVIDIA, Micron, SMCI Stocks Are Down Monday: What's Going On? Bolton noted Super Micro as a significant bene ...

NEW YORK, Sept. 18, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Super Micro Computer, Inc. (NASDAQ: SMCI). Shareholders who purchased shares of SMCI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/super-micro-computer-inc-loss-submission-form/?id=103200&from=3 CLASS ...

Super Micro Computer (SMCI) has given investors a wild ride so far in 2024. Indeed, shares had more than quadrupled for the year to date back in March, but have since whittled this gain to just 60%. Still, this return is outperforms the broader S&P 500 and one analyst thinks there's more upside in store for the artificial intelligence (AI) server, software and infrastructure company in the near future. Specifically, financial services firm Needham initiated coverage on SMCI with a Buy rating and $600 price ...

NEW YORK, Sept. 17, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Super Micro Computer, Inc. (NASDAQ: SMCI) between August 31, 2023 and August 28, 2024, both dates inclusive (the "Class Period), of the October 28, 2024 lead plaintiff deadline in the securities class action first filed by the firm. So what: If you purchased Super Micro Computer securities during the Class Period you may be entitled to compensation without payment of any out o ...