Super Micro Computer Inc (NASDAQ: SMCI) stock closed at $952.36 on 5/15/24 after a major increase of 15.8%. Moreover, this advance was accompanied by above average trading volume at 146% of normal. The stock has risen 16.2% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
SMCI’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Super Micro Computer has a current Value Trend Rating of A (Highest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Super Micro Computer has a neutral Appreciation Score of 54 but a very high Power Rating of 100, triggering the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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