
Shares of artificial intelligence (AI) server stock Super Micro Computer (NASDAQ: SMCI) went on a wild ride in 2025. The stock was up as much as 99% through late July, but ultimately closed down 4% on the year. Now, in 2026, two Wall Street analysts have poured gas on the fire, setting pessimistic price targets on Super Micro.
Trading near $33 per share at the Jan. 16 close, SMCI is down 46% from its 52-week high. Having fallen so significantly, could SMCI shares see a big recovery, or should investors take recent price targets as a stern warning?