Supermicro stock is surging today thanks to bullish coverage from an analyst. Lynx Equity recently published bullish coverage on the stock, and the firm thinks that new hardware from Nvidia will lift the server specialist's performance.

Super Micro Computer stock was rising ahead of the opening bell, putting the server maker on course to build on Friday’s double-digit gains. Its shares, which trade under the ticker SMCI, have climbed 15% to $ $38.

Super Micro Computer, Inc. (NASDAQ:SMCI – Get Free Report)’s share price traded up 4.8% during mid-day trading on Friday . The company traded as high as $31.52 and last traded at $31.48. 10,200,266 shares changed hands during trading,

Super Micro Computer (NASDAQ: SMCI) stock posted big gains in Friday's trading. The server specialist's share price closed out the day's trading up 10.9% amid gains of 1.2% for the S&P 500 index and 1.

Super Micro Computer Inc. stock was rising modestly early Friday, attempting to bounce back after five days of losses. The surprising thing about the shares, however, has been the lack of volatility that characterized them in 2024.

Super Micro's stock has nearly doubled since bottoming out in mid-November. The company is transitioning to a new auditor and has only reported preliminary numbers for its most recent quarter. The business fell well short of its forecast in Q1,