Super Micro Computer stock gets new ‘Buy’ rating on strong AI demand
Photo: Finbold
Even though Super Micro Computer (NASDAQ: SMCI ) stock has been trapped in a choppy consolidation since March 2024, Sajal Dogra, a Wall Street analyst at Rosenblatt Securities , has reaffirmed a buy rating for this company following its strong first-quarter fiscal year 2027 pre-announcement. Dogra reiterated a ‘Buy’ rating for Super Micro Computer stock , according to a note sent to clients on October 21, 2026, Wednesday. The analyst, however, raised the firm’s 12-month price target for SMCI to $57 from $51, representing an 11.76% change.
Source: Finbold
