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Wall Street Divided on Super Micro Stock After 20% Post-Earnings Drop
Wall Street Divided on Super Micro Stock After 20% Post-Earnings Drop
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BTCCSquare news:
Super Micro Computer (SMCI) shares plunged nearly 20% on August 6 following disappointing earnings, triggering a sharp divide among analysts. The median price target of $50 suggests modest 8% upside from current levels, but forecasts range from Loop Capital's bullish $70 target (52% upside) to Goldman Sachs' bearish $24 valuation (48% downside).
The divergence stems from competing views on the AI server market. Optimists highlight SMCI's first-mover advantage in GPU-optimized systems and anticipated Blackwell chip tailwinds. Skeptics warn of margin compression as hyperscalers diversify suppliers. Rosenblatt Securities previously noted the company's architectural flexibility in deploying cutting-edge silicon.
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