What is the short-term price target for SMCY set by analysts?

The short-term price target for SMCY (Super Micro Computer Inc.) set by analysts is as follows: 1. **Analyst Average**: The average of analysts' short-term price targets over the next 12 months is $41.06, with a high estimate of $70.00 and a low estimate of $15.00. This suggests that analysts see potential for the stock to reach higher levels in the near term. 2. **JP Morgan Price Target**: JP Morgan has increased its price target for SMCY from $35.00 to $46.00, representing a 31.43% increase. This indicates that JP Morgan sees potential for the stock to reach a higher price in the short term. 3. **MarketBeat Forecast**: SMCY's average target is $39.00, with a range from $32.00 to $59.00. This suggests that analysts are generally optimistic about the stock's short-term performance. In conclusion, the short-term price target for SMCY set by analysts is approximately $41.06, with a range from $15.00 to $70.00. However, it's important to note that these targets are based on analysts' opinions and should not be considered as definitive predictions of future performance.