- Super Micro Computer (SMCI, Financial) remained the most shorted stock in the IT sector in April, reflecting ongoing market skepticism.
- Analysts suggest a potential 13.74% downside based on current price targets, contrasted by a 44.92% upside according to GuruFocus's GF Value estimate.
- SMCI's current brokerage recommendation stands at "Hold," as evaluated by 16 firms.
Super Micro Computer (SMCI) attracted significant attention as the most shorted stock in the information technology sector in April. This came even as its short interest saw a slight decrease from March's 22.84% to 21.15%. In stark contrast, industry giant Microsoft (MSFT) was the least shorted, with minimal short interest at just 0.69%.
Wall Street Analysts Forecast
A detailed analysis of one-year price targets from 14 analysts reveals an average target price for Super Micro Computer Inc (SMCI, Financial) at $39.94. The projections range from a low estimate of $15.00 to a high estimate of $73.00. This average price target suggests a potential downside of 13.74% from the current trading price of $46.30. For an in-depth view of these estimates, visit the Super Micro Computer Inc (SMCI) Forecast page.
The consensus from 16 brokerage firms categorizes Super Micro Computer Inc (SMCI, Financial) at an average brokerage recommendation of 2.8, which signals a "Hold" status. This rating is part of a scale where 1 indicates a Strong Buy and 5 suggests a Sell.
Evaluating SMCI's Growth Potential
Through the lens of GuruFocus estimates, the GF Value for Super Micro Computer Inc (SMCI, Financial) in one year is projected at $67.10. This indicates a promising upside potential of 44.92% from the current stock price of $46.30. The GF Value represents GuruFocus' calculated fair value of the stock, determined through historical multiples, past growth trajectories, and anticipated business performance. For more comprehensive data, visit the Super Micro Computer Inc (SMCI) Summary page.
