Analysts set SMCI stock price target after earnings

For several months in 2024, the server company Super Micro Computer (NASDAQ): SMCI) was the absolute star of the stock market as it, between January and March, managed a rise from about $285 to above $1,000. 588.82 Div yield 226.59 Low 52-wk low Supermicro's performance since has, however, been less than stellar as the company's shares entered a months-long period of stagnation that has, with the release of the latest earnings report, ended with an extended session crash for SMCI. Indeed, while the technolo ...