Susquehanna Lifts Super Micro Target to $18

Susquehanna kept its Sell rating on Super Micro Computer while KeyBanc and Bernstein reiterated Buy ratings on Oracle.

Updated on Nov. 10, 2026 in Stock Picks

Susquehanna Lifts Super Micro Target to $18

On Tuesday, November 10, Susquehanna's Mehdi Hosseini maintained a Negative rating on Super Micro Computer and raised its 12-month price target from $15 to $18. Separately, KeyBanc and Bernstein reiterated Buy ratings on Oracle with price targets of $300 and $325.

Why it matters

The divergent calls highlight how analysts are weighing valuation against recent momentum in two closely watched AI-linked hardware and cloud names. Investors tracking these stocks now face a spread of targets that differ sharply from current trading levels.

Susquehanna's $18 SMCI target sits 37.62% below the $28.60 latest close, while the Wall Street average target is $42.58. Oracle is down 38.79% year-to-date after falling about 52% from its early June highs to $119.79.

The players

Mehdi Hosseini

Mehdi Hosseini is a semiconductor and hardware analyst at Susquehanna who covers Super Micro Computer.

Jackson Adler

Jackson Adler is an equity research analyst at KeyBanc Capital Markets who covers Oracle.

Mark Moerdler

Mark Moerdler is a senior equity analyst at Bernstein who covers large-cap software and cloud companies.

Super Micro Computer

Super Micro Computer is a California-based server and storage hardware maker that has faced an accounting scandal in its recent history.

Oracle

Oracle is a major enterprise software and cloud infrastructure company headquartered in Austin, Texas.

The details

Susquehanna's Hosseini cited the firm's valuation as the basis for keeping SMCI at a negative rating, and estimated earnings after the September quarter can be higher. KeyBanc's Jackson Adler and Bernstein's Mark Moerdler both reiterated Buy ratings on Oracle, though Adler conceded the midterm elections could have an adverse impact.

Early June 2026: Oracle stock reached its 2026 highs before declining.
Early November 2026: Super Micro reported strong earnings for the September quarter.
Tuesday, November 10, 2026: Wall Street revised ratings and price targets on SMCI and ORCL.

Market Dynamics

The split between Susquehanna's negative SMCI call and the Buy ratings on Oracle reflects an ongoing divide among analysts over whether AI infrastructure stocks have already priced in their growth. Institutional analysts still expect SMCI to rally 48.89% and ORCL to rise 102.44% over the next 12 months.

Investors holding SMCI or ORCL face a wide range of published targets, which may shape how they weigh rebalancing decisions. Personal portfolios exposed to AI hardware and cloud stocks could see different outcomes depending on which analyst view proves closer to actual results.

The takeaway

Analyst price targets are estimates rather than forecasts of certainty, and the wide gap between ratings on the same sector shows the value of comparing multiple views before acting. Readers should weigh valuation assumptions alongside the targets themselves.