Super Micro Lifts 2027 Revenue Guidance, Calms AI Trade Fears
Schaeffers·
- Super Micro Computer Inc shares rose 11.1% to $36.07 after issuing a preliminary 2027 revenue forecast driven by robust AI demand.
- The upbeat guidance prompted Rosenblatt to raise its price target to $57 and lifted hardware peers such as Western Digital and Dell Technologies.
- The stock rebounded from an oversold RSI of 30, with support at the 200-day moving average bringing its 2026 gains to over 24.7%.
