2024-04-26 09:30:00 ET
Summary
- In this article, I consider the upside potential for SMCI stock.
- My analysis suggests that with continuing growth, SMCI could reach a fair value of $830-1,119 exiting this year.
- Conditions are also favorable for further growth over the next few years.
- Overall, I maintain a strong buy rating for SMCI stock.
Super Micro Computer, Inc. ( SMCI ) stock has had a bit of a wild ride this year, with shares up more than 150% in 2024. Given the stock’s great performance, it is worthwhile to revisit whether SMCI still has the potential to generate excess returns for investors going forward, or if it is too late to jump in now....
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For further details see:
Super Micro Computer: Is There Upside Left?