Super Micro to $40? Loop Capital Sees 19% Upside but Risks Loom
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Supermicro price target raised to $40 from $35 at Loop Capital
Loop Capital raised the firm’s price target on Supermicro (SMCI) to $40 from $35 and keeps a Buy rating on the shares. The firm sees
Loop Capital lifts SMCI target, 'remains an important company'
Investing.com -- Loop Capital Markets raised its price target on Super Micro Computer (NASDAQ: SMCI) to $40 from $35 per share in a note Thursday, reiterating its Buy rating on the stock. "SMCI remains an important company in an important space with both special situation catalysts," Loop Capital stated in its research note.
Loop Capital Maintains Buy Rating on Super Micro, Citing Nvidia Collaboration
Key Super Micro customer CoreWeave wants to increase the quantity of data centers from 30 in 2024 to 60 in 2025. Analyst Ananda Baruah called this a major ramp-up that would stimulate demand for liquid cooling on Hopper-based systems and GB200/300.
Super Micro receives Buy rating on Nvidia Blackwell ramp: Loop
Despite Super Micro Computer's (NASDAQ:SMCI) volatile 2024, Loop Capital reiterated its Buy rating on the stock due in part to Nvidia's (NASDAQ:NVDA) Blackwell ramp. Super Micro develops storage and server solutions,
Loop Capital lifts Super Micro stock target to $40, maintains Buy
Despite the positive projection, Loop Capital also noted that Super Micro might face some challenges in the first half of the calendar year 2025. The situation is expected to stabilize around May or June,
Is Super Micro Computer (SMCI) Poised for a $40 Breakout?
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Super Micro Computer: Why This Hot Stock Could Hit $1,500
Loop Capital's positive note on the AI stock echoes ... respectively. "Although SMCI has had huge gains in the past year, the company is primed for multiple years of strong top-line growth ...
SMCI Stock Falls Despite Price Target Boost to $40
Earnings season is here, but strong results may not have much impact on the stock market this time ...