Rosenblatt keeps Buy on Super Micro with $57 price target
Rosenblatt maintained its Buy rating on Super Micro Computer with a $57 target after the company pre-announced quarterly revenue of $18.5B to $19.5B.
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what happened
Rosenblatt analysts kept their Buy rating on Super Micro Computer shares and set a $57 price target, according to TradingView, which cites Benzinga data. The target implies a 75.5% upside from the October 20 close of $32.47.
The note follows a pre-announcement of first-quarter fiscal 2027 revenue in the $18.5 billion to $19.5 billion range, roughly 280% higher year over year. The analysts see strong demand for AI platforms, and a more favorable customer and product mix is helping gross margins. Nine customers now generate over $1 billion in annual revenue each.
why it matters
For markets, this signals continued demand for AI infrastructure servers, which matters for hardware makers and related chip companies. Super Micro shares often react sharply to such revisions, so investors will watch the full quarterly report closely.
market impact
Super Micro and the AI server sector: strong revenue and high demand support interest in the stock
tags
instruments
sources
- Rosenblatt maintains Buy rating on Zoom Communications, $130 price target — TradingView, 21 October 2026 at 11:49 UTC
- Rosenblatt maintains Buy rating on Super Micro Computer, $57 price target — TradingView, 21 October 2026 at 11:46 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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