Super Micro Computer ( SMCI ) reported their March quarterly earnings on April 30 and inspired analysts to once again boost growth estimates for the provider of key datacenter infrastructure in the early innings of the AI boom. After SMCI delivered strong numbers and guidance, the Zacks Consensus EPS estimate for the current fiscal year (ends June) rose 6% from $22.15 to $23.51, representing 99% annual growth.
AI-related hype has sent Super Micro's shares parabolic. The company's fundamentals still look great.