Why These 15 Large Tech Stocks Are Skyrocketing So Far in 2025

Page 7 of 14

8. Super Micro Computer Inc (NASDAQ:SMCI)

Number of Hedge Fund Holders In Q3 2024: 33

Super Micro Computer Inc (NASDAQ:SMCI) is a cloud computing and data center company.

The stock is up significantly so far this year as it confirmed that it would file its overdue SEC reports (10-K and 10-Q) by the February 25 deadline. This would avoid Nasdaq delisting and clear up the bearish sentiment about the company’s books allegedly being cooked.

An independent review has already cleared the company of accounting misconduct allegations from Hindenburg Research.

In addition, Super Micro Computer’s revenue for Q2 fiscal year 2025 (which ended December 31, 2024) is expected to be between $5.6 billion and $5.7 billion. This shows a 54% year-over-year growth.

However, it lowered its full fiscal year 2025 revenue guidance from $26-30 billion down to $23.5-25 billion.

The consensus price target of $60.2 implies 51.71% upside.

SMCI stock is up 30.18% year-to-date.

Page 7 of 14