"Super Micro peaked at $53.94 in October 2025 before declining sharply in March 2026. U.S. prosecutors charged SMCI's co-founder and two others with conspiracy to smuggle $2.5 billion worth of servers containing NVIDIA AI chips to China."
"Q2 FY2026 revenue more than doubled year-over-year, and the company held an order book of more than $13 billion in Blackwell Ultra orders as of Q1. Management guided full-year FY2026 revenue to at least $40 billion."
"If margins recover toward the target range and the $40 billion revenue guidance holds, the bull scenario of $44.47 becomes realistic. The analyst consensus target of $34.53 from 8 buy-rated analysts supports a meaningful re-rating."
Super Micro Computer's stock has declined sharply, down 28.05% year-to-date and 34.98% in the past month, currently priced at $21.06. Despite this, a model predicts a price target of $25.17, indicating a 19.53% upside. The stock's decline followed serious legal charges against its co-founder. However, the company reported strong Q2 FY2026 results, with revenue of $12.68 billion, exceeding estimates. Management projects full-year revenue of at least $40 billion, suggesting potential for recovery and growth in stock value.
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