Most people asking about the price target for SMCI stock want a single number to plan around. As someone who traded this name through some violent swings, I want to explain why I stopped trusting targets and what I use in their place, described mechanically. What a price target actually represents A price target for SMCI stock is an analyst estimate built on assumptions about AI demand, execution, and sentiment. For a high-beta name concentrated in one theme, those assumptions are fragile, an...