Mizuho Reiterates Neutral Rating on Super Micro Computer (SMCI), 'remains well positioned'

Mizuho analyst Vijay Rakesh reiterated a Neutral rating and $50.00 price target on Super Micro Computer (NASDAQ: SMCI).

The analyst commented: "SMCI completed its 10-K/10-Q filings and regained compliance at NASDAQ. We would note: 1) SMCI avoids delisting but still needs some work on internal controls, 2) C2025/26E outlook positive with NVDA (Outperform, $175PT) liquid cooling NVL72+ racks, and 3) liquid cooling ramping to 30% over NTM with Blackwell deployments. Reinstate at Neutral, adjust Ests/PT to $50. We believe overall SMCI remains well positioned with priority allocation for Enterprise/sovereign NVL72+ racks in C25E, though reflected in current valuations, but also a more competitive landscape with peers DELL, Wistron."

For an analyst ratings summary and ratings history on Super Micro Computer click here. For more ratings news on Super Micro Computer click here.

Shares of Super Micro Computer closed at $42.95 yesterday.

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