Supermicro Stock Jumps to Lead S&P 500 Gainers Friday as JPMorgan Boosts Rating | Global News Avenue

Supercomputer (SMCI) Stocks soar to lead S&P 500 On Friday, JPMorgan analysts raised their ratings and target targets for server maker stocks.

Analysts raised its rating from “underweight” to “neutral” and raised its target from $35 to $45, saying the company was following “challenges raised by cycling in the past.” Meet the listed key deadlinesand can see growth based on NVIDIA’s strong demand for servers (NVDA) Blackwell chips.

“Supermicro is “benefiting from the cusp of ramps in Blackwell-based server transport, demand for these services is significantly higher than previous generations,” analysts wrote in a note Friday. ”

Stocks in recent trading have risen nearly 9% to $42.44, bringing more than half of the value from the past 12 months and bringing earnings at the beginning of the year to nearly 40%.

Inventory of server manufacturers has been fluctuating over the past year Accounting manipulation This led to the resignation of the company’s auditor in August last year. It’s narrow Avoid possible A belated financial disclosure was filed with the Securities and Exchange Commission last month.

Analysts at JPMorgan warn that the company may still face some headwinds, including an increasing landscape of competitive AI servers, which lead to “positive prices” and put pressure on its gross margins. The prospect of higher costs and higher interest expenses can also present challenges when companies raise more capital.