<< rosenblatt | ALL News

Super Micro Computer Stock Is ‘Still Undervalued,’ Says Rosenblatt. Here’s Why

Super Micro Computer Stock Is ‘Still Undervalued,’ Says Rosenblatt. Here’s Why
Analyst Bio:

Super Micro Computer (SMCI) stock is “still undervalued,” according to Rosenblatt analyst Sajal Dogra, who reiterated a Buy rating and a $51 price target. The price target implies 45.5% upside from $35.09. Dogra sees room for further gains as earnings estimates have risen 30% over the past three months. He also believes the stock’s earlier drop to $25, driven by financing concerns, was excessive given the company’s strong AI server demand.

‍

Link to full article