Supermicro Stock Surges on Hopes of an AI-Fueled Comeback | Global News Avenue

Supercomputer (SMCI) Stocks soared Wednesday, the second day the company offered Strong sales outlook for 2026 Based on the expected demand for AI servers, and expressed the desire to submit their delayed regulatory documents in a timely manner to avoid standing out.

The server maker lowered its 2025 revenue estimate to between $23.5 billion and $25 billion on Tuesday, but as revenues grew by more than 60% in 2026 to $40 billion in 2026, as demand for infrastructure grows To support AI.

JPMorgan analysts say the prospects for 2026 “has brought a surprising surprise to people, although they added that it is too early to underwrite such a “radical” goal. Analysts maintained a “underweight” rating on the stock, but raised its target from $23 to $35.

Wedbush analysts said they were “hesitant to model as aggressively as management forecasts”, suggesting they expect fiscal 2026 to grow 44% year-on-year in fiscal 2026, meaning revenue of $34.77 billion. Wedbush raises its SuperMicro stock price target from $24 to $40 while maintaining a “neutral” rating.

Supermicro also said it expects to submit its delayed financial report from fiscal year 2024 Nasdaq The deadline for February 25 is to avoid being crossed. JPMorgan attributes the improvement of its target target to Supermicro will meet the deadline’s “increased beliefs”, while Wedbush said the company’s report “should reduce uncertainty ”.

The company’s crime report raises concerns about the company Accounting practices. Supermicro has formed an independent special committee, which said in December Company investigation“The integrity of Supermicro’s senior management has not aroused any substantial concerns.”

Supermicro shares jumped to $40.98 intraday on Wednesday, although they lost more than half of their value in the past year even with Wednesday’s earnings.