Key Takeaways Super Micro Computer will split its stock 10-for-1 stock split after the closing bell on Monday.Each existing share of the company will be converted into 10 new shares at a tenth of the closing price.

On Sept. 25, a group of 16 analysts had an average one-year price target on Supermicro stock of $729.19. That represents around 60% upside from the stock's closing price on Sept. 25, which was a day before a Wall Street Journa l article helped fuel a 12% drop.

Super Micro shares begin trading Tuesday on a split-adjusted basis. The stock’s drop between the announcement date and effective date could be the steepest in more than two years.