Brokerage Firm Rating Update on Super Micro Computer (SMCI)

Super Micro Computer (SMCI) : 2 brokerage houses believe that Super Micro Computer (SMCI) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 4 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Super Micro Computer (SMCI). Zacks Investment Research suggests a Strong Sell with a rank of 5.The median of all the 7 Wall Street Analysts endorse the stock as a Buy with a rating of 2.29.

Super Micro Computer (SMCI) : Currently there are 4 street experts covering Super Micro Computer (SMCI) stock. The most bullish and bearish price target for the stock is $32 and $19 respectively for the short term. The average price target of all the analysts comes to $24.63. The estimated standard deviation from the target is $5.5.


Company shares have received an average consensus rating of Hold for the current week Also, Brokerage firm Roth Capital downgrades its rating on Super Micro Computer (NASDAQ:SMCI). The shares have been rated Neutral. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on August 5, 2016.

Super Micro Computer (NASDAQ:SMCI): stock was range-bound between the intraday low of $21.88 and the intraday high of $22.25 after having opened at $22 on Wednesdays session. The stock finally closed in the red at $22, a loss of -0.09%. The stock remained in the red for the whole trading day. The total traded volume was 283,919 shares. The stock failed to cross $22.25 in Wednesdays trading. The stocks closing price on Thursday was $21.96.

Super Micro Computer, Inc. offers server technology. The Company develops and provides end-to-end green computing solutions to the data center, cloud computing, enterprise information technology information technology (IT), big data, high performance computing (HPC) and embedded markets. The Companys solutions range from server, storage, blade and workstations to full racks, networking devices, server management software and technology support and services. It sells its server systems and server subsystems and accessories through a combination of distributors, including value added resellers and system integrators, and other equipment manufacturers (OEMs), as well as through its direct sales force. As of June 30, 2015, the Company offered over 4,550 stock keeping units (SKUs), including SKUs for server and storage systems, serverboards, chassis, power supplies and other accessories. The Company develops and manufactures server solutions based upon a modular and open architecture.

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