10 Firms Crushing the Market

6. Super Micro Computer, Inc. (NASDAQ:SMCI)

Super Micro Computer surged by 16.02 percent on Tuesday to end at $38.89 apiece after investment firm Raymond James Financial Inc. gave the company a bullish outlook and a higher price target.

On Monday, Raymond James said it initiated coverage of Super Micro Computer, Inc. (NASDAQ:SMCI) and gave the latter an “outperform” rating with a price target of $41, an upside of 5.42 percent from the company’s latest closing price.

According to the investment firm, Super Micro Computer, Inc. (NASDAQ:SMCI) carved out a solid spot in the AI race, with a 9 percent market share in a $145-billion market.

In the third quarter ending March 31, 2025, Super Micro Computer, Inc. (NASDAQ:SMCI) recorded a 73-percent drop in net income at $108 million versus $402 million in the same period last year.

Net sales, however, increased by 19 percent to $4.599 billion from $3.850 billion year-on-year.