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Super Micro Stock Gains Another 4% After Jumping 7% on A Bullish Call From JPMorgan

Super Micro shares gained another 3.6% in morning trading Tuesday after jumping 7.2% Monday on a bullish call from JPMorgan.Super Micro Computer Inc. was the best-performing stock in the S&P 500 Monda

Super Micro Stock Gains Another 4% After Jumping 7% on A Bullish Call From JPMorgan

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That makes it one of Wall Street’s more bullish firms on the stock, which has price targets ranging from $250 to $1,350 and a median target of $950.50, according to FactSet data.</p><p style=\"text-align: start;\">“Super Micro has disrupted the Server market with its balance of capabilities in relation to custom built solutions that provide better efficiency relative to branded companies as well as faster time to market for solutions relative to [original design manufacturer] companies,” the analysts wrote. And the AI server market that Super Micro leads is expected to swell to $283 billion in 2028 from $41 billion in 2023.2</p><p>JPMorgan. &#34;Super Micro - AI Revolution Through Rich Compute; Initiate at OW with PT of $1,150.&#34;</p><p> “We are forecasting +43% [compound annual growth rate] between FY23 and FY27, and the 2027 revenue forecast implies that Super Micro will have 10%-15% shares of the AI Server market, which we view as conservative given its early lead,” the analysts said. </p><p style=\"text-align: start;\">The stock trades at a steep valuation—it has risen more than 275% this year alone—which “leaves material room for volatility in the shares.” Still, JPMorgan believes the multiples are justified given how quickly the AI server market is growing.</p><p style=\"text-align: start;\">The firm also sees potential upside to earnings. Margins are expected to improve in the coming years as new enterprise customers, which lack the pricing power of the big cloud providers that are Super Micro’s primary customers now, increase their AI investments.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Super Micro Stock Gains Another 4% After Jumping 7% on A Bullish Call From JPMorgan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSuper Micro Stock Gains Another 4% After Jumping 7% on A Bullish Call From JPMorgan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-03-26 21:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Super Micro shares gained another 3.9% in morning trading Tuesday after jumping 7.2% Monday on a bullish call from JPMorgan.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/be14feea7257b1e665d406105e75f8a0\" tg-width=\"845\" tg-height=\"621\"/></p><p>Super Micro Computer Inc. was the best-performing stock in the S&amp;P 500 Monday after JPMorgan initiated coverage of the stock with an &#34;overweight&#34; rating, citing the company’s leading position in the fast-growing artificial intelligence (AI) computing market. </p><p style=\"text-align: start;\">JPMorgan analysts led by Samik Chatterjee assigned the computing hardware company a December 2024 stock price target of $1,150, implying 18% upside from Friday’s close. That makes it one of Wall Street’s more bullish firms on the stock, which has price targets ranging from $250 to $1,350 and a median target of $950.50, according to FactSet data.</p><p style=\"text-align: start;\">“Super Micro has disrupted the Server market with its balance of capabilities in relation to custom built solutions that provide better efficiency relative to branded companies as well as faster time to market for solutions relative to [original design manufacturer] companies,” the analysts wrote. And the AI server market that Super Micro leads is expected to swell to $283 billion in 2028 from $41 billion in 2023.2</p><p>JPMorgan. &#34;Super Micro - AI Revolution Through Rich Compute; Initiate at OW with PT of $1,150.&#34;</p><p> “We are forecasting +43% [compound annual growth rate] between FY23 and FY27, and the 2027 revenue forecast implies that Super Micro will have 10%-15% shares of the AI Server market, which we view as conservative given its early lead,” the analysts said. </p><p style=\"text-align: start;\">The stock trades at a steep valuation—it has risen more than 275% this year alone—which “leaves material room for volatility in the shares.” Still, JPMorgan believes the multiples are justified given how quickly the AI server market is growing.</p><p style=\"text-align: start;\">The firm also sees potential upside to earnings. Margins are expected to improve in the coming years as new enterprise customers, which lack the pricing power of the big cloud providers that are Super Micro’s primary customers now, increase their AI investments.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SMCI":"超微电脑"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146401600","content_text":"Super Micro shares gained another 3.9% in morning trading Tuesday after jumping 7.2% Monday on a bullish call from JPMorgan.Super Micro Computer Inc. was the best-performing stock in the S&P 500 Monday after JPMorgan initiated coverage of the stock with an \"overweight\" rating, citing the company’s leading position in the fast-growing artificial intelligence (AI) computing market. JPMorgan analysts led by Samik Chatterjee assigned the computing hardware company a December 2024 stock price target of $1,150, implying 18% upside from Friday’s close. That makes it one of Wall Street’s more bullish firms on the stock, which has price targets ranging from $250 to $1,350 and a median target of $950.50, according to FactSet data.“Super Micro has disrupted the Server market with its balance of capabilities in relation to custom built solutions that provide better efficiency relative to branded companies as well as faster time to market for solutions relative to [original design manufacturer] companies,” the analysts wrote. And the AI server market that Super Micro leads is expected to swell to $283 billion in 2028 from $41 billion in 2023.2JPMorgan. \"Super Micro - AI Revolution Through Rich Compute; Initiate at OW with PT of $1,150.\" “We are forecasting +43% [compound annual growth rate] between FY23 and FY27, and the 2027 revenue forecast implies that Super Micro will have 10%-15% shares of the AI Server market, which we view as conservative given its early lead,” the analysts said. The stock trades at a steep valuation—it has risen more than 275% this year alone—which “leaves material room for volatility in the shares.” Still, JPMorgan believes the multiples are justified given how quickly the AI server market is growing.The firm also sees potential upside to earnings. 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