Super Micro leverages AI-driven growth with partnerships, innovative data-center hardware, and robust financials, targeting $40B revenue by FY2026. Read more about SMCI stock here.

Despite the recent rally, Super Micro’s stock is still down more than 50% from its 52-week high, and nearly 63% off its record peak of $118.81 set in March 2024.

Super Micro (SMCI) is the "consensus AI leader," Rakesh said, while Dell Technologies Inc. (DELL) is in second place. But Rakesh said investors should buy Dell's stock, and not Super Micro's.

Super Micro Computer tumbled after weak Q3 results, but strong AI trends and solid profitability point to upside. Find out why SMCI stock is a strong buy.

Analysts led by Simon Leopold initiated coverage on Super Micro with an Outperform rating and $41 target price. Shares were up 6.5% to $35.70 in early trading, outpacing the S&P 500’s 0.3% gain.