Shares of Super Micro Computer (SMCI) are little changed in after-hours trading after the computer hardware manufacturer reported soft

Super Micro Computer Inc (NASDAQ: SMCI) has had a turbulent few months but it’s been rallying rather sharply into its earnings release scheduled for February 11 after the bell. The AI server company has seen its share price soar more than 50% since last Monday – but a CFRA analyst looks convinced that it could rip further up after today’s business

SMCI will report Q2 earnings, with EPS expected at 75 cents and revenues at $6.13B. Stock down 44.83% YoY, up 41.93% YTD. Analysts see 25% downside with a price target of $30.33.

The stock of Super Micro Computer (SMCI) is pulling back as the server maker prepares to report its latest financial results and provide

Super Micro Computer Inc (SMCI) reports a 54% year-on-year revenue increase, driven by AI demand, while facing challenges in margin and cash flow.