Investment analysts at Susquehanna increased Super Micro Computer's stock price target from $162 to $250 after the company reported earnings exceeding expectations.

Susquehanna has raised its price target for Super Micro Computer (SMCI) to $250.00 from $162.00 after inflation. The investment analysts reported a target price suggesting a possible downside of 51.75%. The brokerage currently has a negative rating on the company's stock. Super Micro Computer's fiscal Q2 results show record revenue, a significant increase over the same period last year, with earnings exceeding estimates by 13.39%.

January 29, 2024
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