--- title: "Weekly Recap | Super Micro Computer -0.43%, Cisco deal fuels rebound" type: "News" locale: "en" url: "https://longbridge.com/en/news/297394927.md" description: "Super Micro Computer (SMCI) fell 0.43% this week to close at $37.08, while the S&P 500 rose 0.49%, leaving the stock about 0.92 percentage points behind the benchmark. The week was marked by sharp swings: Monday opened lower and touched a weekly low of $34.09 before closing at $35.17; Tuesday rebounded strongly on Cisco partnership news to close at $38.46; Wednesday pulled back to $37.39; Thursday hit a weekly high of $39.47 before settling at $38." datetime: "2026-08-29T07:39:45.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/297394927.md) - [en](https://longbridge.com/en/news/297394927.md) - [zh-HK](https://longbridge.com/zh-HK/news/297394927.md) generator: "portal-rs" --- # Weekly Recap | Super Micro Computer -0.43%, Cisco deal fuels rebound ## The Week Super Micro Computer (SMCI) fell 0.43% this week to close at $37.08, while the S&P 500 rose 0.49%, leaving the stock about 0.92 percentage points behind the benchmark. The week was marked by sharp swings: Monday opened lower and touched a weekly low of $34.09 before closing at $35.17; Tuesday rebounded strongly on Cisco partnership news to close at $38.46; Wednesday pulled back to $37.39; Thursday hit a weekly high of $39.47 before settling at $38.46; and Friday fell again to end at $37.08. Weekly amplitude reached 14.74%, with average daily volume of about 38.5m shares, roughly 18% below the recent median. ## Key Events The week’s news was dominated by two themes. On Monday, SMCI slid alongside the broader semiconductor complex amid rate concerns, while Taiwanese prosecutors indicted nine people over alleged illegal AI server exports to China. Reports attributed part of the decline to a Q4 revenue miss, and the post-earnings rally showed signs of unwinding. On Tuesday the narrative shifted as Cisco announced a Secure AI Factory expansion in partnership with Supermicro and Nvidia, sending SMCI up more than 7% intraday before it closed over 4% higher. The stock extended gains on Wednesday, at one point up 9%. Later in the week attention turned to Nvidia’s earnings; SMCI rose 2% on Thursday but fell again on Friday, underperforming peers. ## Analyst Ratings As of 20 August 2026, 19 analysts cover Super Micro Computer: 3 rate it buy, 2 overweight, 11 hold, 1 underweight and 2 sell. The consensus rating is hold, with a consensus target price of $42.375, about 14.28% above the current price. The target range is extremely wide, from $15 to $60, reflecting significant disagreement. Within the hardware, storage and peripherals industry, SMCI ranks 9th out of 31 peers in analyst rating. ## The Week Ahead The coming week brings a dense macro calendar: the Dallas Fed manufacturing activity index on 31 August, the S&P Global manufacturing PMI final and ISM manufacturing PMI on 1 September, and ADP private payrolls on 2 September. For SMCI, the key thread from this week is the tension between the Cisco partnership’s follow-through and the lingering export-investigation overhang. With Nvidia’s earnings now out of the way, sentiment in AI infrastructure names may continue to oscillate around demand signals. ## In Short SMCI spent the week oscillating between a Cisco-driven rebound and pullbacks tied to the export probe and a Q4 revenue miss, ultimately closing slightly lower. The analyst picture is neutral, with a consensus target above spot but a wide $15 to $60 range pointing to deep division. On valuation, the stock trades at around 10.9x earnings and 2.3x book, relatively moderate. What matters next is whether the Cisco collaboration converts into orders and revenue, and how the export investigation actually affects the supply chain. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [SMCI.US](https://longbridge.com/en/quote/SMCI.US.md) ## Related News & Research - [Super Micro Computer (NASDAQ:SMCI) Price Target Raised to $43.00](https://longbridge.com/en/news/301041471.md) - [Super Micro stock climbs as earnings soar past expectations](https://longbridge.com/en/news/295578854.md) - [Seagate vs. Western Digital vs. Toshiba: The AI Storage War Is Getting Serious](https://longbridge.com/en/news/301054654.md) - [Billionaire Philippe Laffont’s $1.2 Billion Constellation Bet Gets a Google AI Boost](https://longbridge.com/en/news/301054188.md) - [Is Oracle Stock a Good Buy While It's Trading Below $150?](https://longbridge.com/en/news/300960808.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**