Super Micro Computer (NASDAQ:SMCI) shares had a rollercoaster ride on Wednesday, soaring as much as 13% during the session before paring gains

Super Micro’s stock is surging following a robust revenue outlook for next fiscal year. But analysts worry about stiffer competition in the market, among other issues.

Supermicro has taken steps to put everything back on track, though, and this week, as it reported its latest unaudited financial figures, even said the growth trajectory for this fiscal year "remains promising." Is Supermicro stock finally out of the woods? Let's find out.