Company/Stock Description = SMCI is an AI server leader.
Current Price = $801.61
Number of Earnings Beats in the past 4 Quarters = All Four
One Year Return = 182.00%
Five Year Return = 4,172.97%
Industry Health and Future = Along with Dell dominates the AI server market which is still in its infancy.
Trailing PE Ratio = 44.63
Forward PE Ratio = 22.17
Great Business Feature = Juggernaut style growth in the business and stock price due to their servers in general and AI servers in particular.
Verdict and Price Target = SMCI (like LCRX) has been beaten down recently quite a bit. This short term weakness is a great time to open a potion or to dollar cost average if already in. In fact, setting a $1500 price target on this one for the long term.
This stock recently announced a 10 for 1 stock split and the price is now around $500.