Citi Remains a Hold on Super Micro Computer (SMCI)

Super Micro Computer Inc. (NASDAQ:SMCI) is one of the best growth stocks under $50 to buy now. On September 4, Citi analyst Asiya Merchant maintained a Hold rating on Super Micro Computer Inc. (NASDAQ:SMCI) and set a price target of $48.00.

Super Micro (SMCI) Rallies 6.9% on US $92-Billion AI Investment

Super Micro Computer Inc. (NASDAQ:SMCI) reported its fiscal Q4 2025 earnings on August 5, announcing net sales of $5.8 billion compared to $4.6 billion in fiscal Q3 2025 and $5.4 billion in fiscal Q4 2024.

Net income for the quarter reached $195 million compared to $109 million in the previous quarter, while cash flow provided by operations was $864 million.

Super Micro Computer Inc. (NASDAQ:SMCI) distributes and manufactures information technology solutions and other computer products. The company’s products include GPU and coprocessors, twin solutions, MicroCloud, MP servers, AMD solutions, power supplies, SuperServer, motherboards, storage, and more.

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.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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