Where Will Super Micro Computer Stock Be in 1 Year?

By Parkev Tatevosian, CFA – Feb 6, 2024 at 10:45AM

NASDAQ: SMCI

Super Micro Computer

Market Cap

$50B

Today's Change

(-2.96%) -$25.89

Current Price

$847.38

Price as of May 23, 2024, 4:00 p.m. ET

Demand from companies looking to implement artificial intelligence is fueling growth for Super Micro Computer.

Fool.com contributor Parkev Tatevosian forecasts where Super Micro Computer (SMCI -2.96%) stock could be using financial statement analysis.

*Stock prices used were the afternoon prices of Feb. 3, 2024. The video was published on Feb. 4, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Super Micro Computer. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.