Super Micro Computer Stock Price Forecast 2024, 2025, 2026-2030: Is SMCI Undervalued?
Find here the most accurate SMCI price prediction for 2024, 2025, 2026, 2027, 2028, 2029 and 2030.
You will also find everything you need to know about Super Micro Computer stock to guide your investment decisions.
Is Super Micro Computer Stock Traded Publicly?
Yes, SMCI is a publicly traded company. Founded in 1993 by Charles Liang, Super Micro Computer Inc., is an American information technology company.
Super Micro Computer stock trades on the NASDAQ exchange under the ticker symbol ‘SMCI’.
The ipo was 8 March 2007 when it raised $64 million, selling 8 million shares at $8 per share.
In about 17 years post-ipo, the SMCI stock price per share is $508.76 and market capitalization has swollen to $30billion.
PEOPLE ALSO READ: Lockheed Martin Stock Price Prediction 2024-2030: Is LMT a Buy?
What’s the SMCI Stock Value Target?
Analysts with 12-month price forecasts for SMCI stock have an average target of 953.42, with a low estimate of 325 and a high estimate of 1,500.
The average target forecasts upside of 87.40% from current stock price of 508.76. Analysts further estimated that the value of SMCI stock will grow by 10.50% and reach $ 562.16 per share by mid August, 2024.
The earnings and revenue growth are estimated to grow at 31.32% and 21.40% correspondingly; EPS is expected to grow by 26% yearly.
Why is SMCI Stock Dropping?
The value of Super Micro Computer dropped 13% on Tuesday after the company has declared its 4th quarter fiscal earnings that defied projected outlook.
Super Micro Computer said gross margin dropped from 17% to 11.2% in the past quarter and the shares fell 20% on Wednesday August 7 after the company reported on late 6 August its quarterly earnings that fell below expectation and then went further to announce a 10 -1 stock split.
This unexpected announcement may have triggered uncertainty and frustration among investors, creating market panic and contributing to the decline in SMCI’s stock price.
READ ALSO: Will the Stock Market Crash in 2024? Expert Prediction
Is SMCI Stock heading for a Split?
Yes. It’s likely going to happen. Stock splits are not a big deal; they make it suitable for prospective investors to begin afresh from new base. It helps existing investors to restructure portfolio or sell their stock holdings. It’s generally a win-win situation.
The 10-for-1 stock split that Super Micro unveiled Tuesday 6 August is set to take effect at the start of trading on October 1 2024.
Super Micro Computer Inc. said its board has finally approved a split and expecting trading to commence in October 1 on the basis of a 10-for-1adjustment.
According to J.P. Morgan analysts the split is likely to help in reducing volatility and also help to expand shareholder position.
Is SMCI Stock Undervalued?
The intrinsic value of SMCI stock per share today is estimated at $516.14. Compared to the current market price of $508.76, therefore Super Micro Computer is undervalued by 1%.
Super Micro Computer’s PE Ratio (TTM) for today is 25.54. The estimated P/E Ratio for S&P 500 Information Technology Sector is 38.12. This is a statistical indication that SMCI is undervalued.
SMCI’s valuation reports suggest that the market is undervaluing the company’s potential. The company’s PEG ratio of 0.76, which accounts for its growth rate, further highlights the undervalued nature of Super Micro Computer stock.
Is SMCI stock a good buy now?
Based on the Super Micro Computer stock forecast, it’s now a good time to buy SMCI because it’s trading at about 9.50% below our forecast, and it is undervalued.
The average analyst rating for SMCI stock from 13 stock analysts is a ‘buy’. This means that analysts believe SMCI is likely to outperform the market over the next twelve months.
SMCI has great growth potential which may be influenced by rising demand for AI. From the 13 recommendations deriving the current ABR, six are Strong Buy, representing 46.15% of all recommendations.
In 10 August 2024, SMCI received 8 buy ratings, 5 holdings, and 1 sell ratings from our team of 14 Analysts studying 10 growth stocks. Our analysts’ current sentiment is generally Bullish for SMCI.
How you can buy SMCI Stock: a simple 5-step approach
If you want to invest in SMCI stock, here’s what you need to do to buy the stock.
Sign up for a brokerage account on Public
This is called a trading account which an investor must open with a brokerage that transacts in SMCI stock. To do this requires your completion of online application form with your details such as your ID and address and then fund the account.
Add funds to your brokerage account
There are multiple ways to fund your Public account; from linking a bank account to making a deposit with a debit card or wire transfer. You need to deposit a sufficient amount of money in your brokerage account to facilitate your trading.
Choose how much you want to invest in SMCI stock
Navigate to the Explore page. Then, type SMCI into the search bar. When you see SMCI stock appears in the results, tap it to open up the purchase screen.
The decision to buy SMCI shares comes along with the amount of money you want to invest and the number of shares you want to buy.
Place an Order
Placing an order for SMCI required a selection of your preferred number/volume of stock with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
Manage your investments
You can find your newly purchased SMCI stock in your portfolio, alongside the rest of your stocks, ETFs, crypto, treasuries, and alternative assets. Track your investment to constantly evaluate its performance.
DON’T MISS OUT! Nikkei 225 Forecast for 2024, 2025-2028: Will Nikkei Bounce Back?
SMCI Stock Price Forecast 2024, 2025, 2026-2030
SMCI stock price today is $508.76. Moneystics Stock Forecast algorithm uses machine learning and in-depth learning technologies for Super Micro Computer stock prediction covering 7 years.
Our model uses historical SMCI stock price data, volume, financial statements, and market sentiment.
Year | Average SMCI Price | Year Open | Max. | Min. | Year Close | Total % Change |
2024 | 597.26 | 280.00 | 1188.08 | 251.07 | 914.52 | 226.61% |
2025 | 968.42 | 916.75 | 1163.05 | 470.11 | 1020.08 | 11.3% |
2026 | 1157.93 | 1025.19 | 1490.03 | 489.57 | 1290.66 | 25.90% |
2027 | 1355.84 | 1386.61 | 1582.36 | 497.14 | 1325.07 | -4.44% |
2028 | 1374.57 | 1330.10 | 1603.19 | 501.38 | 1419.04 | 6.69% |
2029 | 1461.62 | 1422.90 | 1686.03 | 558.29 | 1500.34 | 5.44% |
2030 | 1523.26 | 1439.06 | 1988.61 | 589.27 | 1607.45 | 11.70% |
Should you invest $2000 in SMCI stock today, where will you be in 2025?
From the table above, the average price of SMCI in 2025 is $968.42 per share. This means that in 2025 the SMCI stock will reach $968.42 per share as against the current price of $508.76.
This implies that your $2000 investment in SMCI stock today (purchasing only 3.9 unit of shares) is (3.9 x 968.42), which will appreciate to $3,776.84 by the end of 2025 with only 88.84% capital appreciation within the period.
Bottom Line
We are expecting SMCI stock splits in October. This means that the current long term price prediction of the stock may be altered in view of the post-splits realities.
But before then, we still hold that SMCI stock is a strong buy. The company’s PEG ratio of 0.76, which accounts for its growth rate, supports our conclusion that SMCI is undervalued.
Since SMCI has great growth potential by valuation metrics results, coupled with increasing revenue, influenced by rising demand for AI, the Super Micro Computer stock is a good buy at the moment.