Super Micro Computer shares are likely to remain in the spotlight this week after gaining more than 4% on Friday and ahead of a stock split that takes effect next week. Since setting their record high in early March,

Stock splits tend to generate a lot of buzz among investors, and Supermicro is no different. Furthermore, the company's robust performance over the past couple of years has fueled an eye-popping surge in the share price, as the stock has gained 433% since early last year (as of this writing).

A Loop Capital analyst adjusted their price target for Super Micro Computer Inc (NASDAQ:SMCI) stock on Monday, reducing it from $1,500 to $1,000, citing the AI server maker’s efforts to restore its gross margin (GM) and operating margin (OM) to

Loop Capital cut Super Micro Computer's (NASDAQ:SMCI) price target to $1,000 from $1,500, a nearly 33.33% reduction. The firm kept its Buy rating on the stock. Analyst Ananda Baruah noted that they reduced the price target as the company works to get its gross margin/operating margin back to 14%/10%,

Following a terrific start to the year, Super Micro Computer 's ( SMCI 4.59%) stock chart has undergone a stark reversal over the past six months. It has lost close to 60% of its value from its peak, and recent developments seem to have further dented investor confidence in the company.

Super Micro Computer (SMCI) stock price has suffered a harsh reversal in the past few months as concerns about artificial intelligence (AI) and its business have emerged. It retreated to a low of $457 on Monday,