Super Micro Computer (NASDAQ: SMCI), the embattled retailer of servers and liquid-cooled AI racks, surprised investors on two counts yesterday: it raised its outlook for the FY 2026 above the market’s expectations, and resolved to meet the Nasdaq exchange’s deadline for filing its long-delayed financial statements, thereby laying to rest any lingering doubts around a possible de-listing action. Yet, JP Morgan thinks it is still “too early” to go full-throttle bullish on the stock. To wit, JP Morgan analyst Samit Chatterjee has now hiked his price target for Super Micro Computer shares from $23 to $35, while maintaining an overall […]
