Investors in Super Micro Computer, or Supermicro (SMCI), may have noticed that shares are trading lower today. No need to panic.

On Sept. 25, a group of 16 analysts had an average one-year price target on Supermicro stock of $729.19. That represents around 60% upside from the stock's closing price on Sept. 25, which was a day before a Wall Street Journa l article helped fuel a 12% drop.

Super Micro Computer Inc.’s legal issues may have gotten more complicated, adding another cloud of uncertainty over the once-hot server-maker’s stock. On Thursday, the Wall Street Journal reported that the Justice Department is probing Super Micro and that the investigation is at an early stage,

Super Micro Computer’s once-highflying stock is set to split next week after taking a beating over regulatory concerns and disappointing financial results. Super Micro said on Aug. 6 that its board of directors had authorized a 10-for-1 split of its common stock,

Super Micro Computer (SMCI) jumped out of the gate in 2024 and rallied hard in the first few months. Indeed, the stock was up more than 300% for the year to date back in mid-March but it has since pared these gains to about 46% amid a series of fundamental woes.

Super Micro Computer Inc (NASDAQ: SMCI) has been a big disappointment for its shareholders in 2024. The past six months have been an endless streak of bad news for this artificial intelligence company that was once being touted as a better pick than Nvidia.

Super Micro Computer (SMCI) shares have dropped 70% from their highs. Find out why I think the DoJ investigation is impacting investor sentiment.