Bernstein Gives Market Perform Rating on Super Micro Computer (SMCI) Stock

Super Micro Computer, Inc. (NASDAQ:SMCI) is one of the Best Long Term Growth Stocks to Buy Now. On September 15, Bernstein analyst Mark Newman gave a “Market Perform” rating and a $46 price target on the company’s stock. As per the analyst, the company is the purest way to play AI servers in its coverage. That being said, a recent run of top and bottom-line misses as well as accounting issues kept the company on the sidelines.

Bernstein Gives Market Perform Rating on Super Micro Computer (SMCI) Stock

As one of the strong growth stories in the AI servers, Super Micro Computer, Inc. (NASDAQ:SMCI) delivered healthy growth over the recent quarters. However, the analyst remains concerned about the company’s ability to sustain its market share. Notably, Super Micro Computer, Inc. (NASDAQ:SMCI) made strong progress in FY 2025 by growing its AI solution leadership in Neoclouds, CSPs, Enterprises, and Sovereign entities, driving its 47% annual growth.

Super Micro Computer, Inc. (NASDAQ:SMCI) stated that, with help from its expanding global operations, which support in mitigating tariffs and regional costs, along with an increasing enterprise customer base, AI product innovations, and strong DCBBS-powered total solutions, it remains on track to grow more large-scale datacenter customers from four in FY 2025 to six to eight in FY 2026.

While we acknowledge the potential of SMCI to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SMCI and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.