Super Micro price target raised to $70 from $50 at Loop Capital

Loop Capital raised the firm’s price target on Super Micro (SMCI) to $70 from $50 and keeps a Buy rating on the shares. The stock in premarket trading is up 23% to $55.91 following last night’s results. The company announced yesterday that is has become SEC filing current, the analyst tells investors in a research note. The firm believes Super Micro can “immediately” become “at the least” a $60 – $80 stock as 15- to 20-times price-to-earnings is a “reasonable valuation matrix” to think about given the company’s recent 2025 and 2026 guidance. Super Micro’s 2025 revenue growth outlook of 40% and 2026 revenue growth guidance of at least 70% with 12% gross margin gets you at least to 15- to 20-times, contends Loop. The firm believes “increasingly bullish investors” have been waiting for Super Micro to clear the filing hurdle ahead of building core positions.