Super Micro Computer (NASDAQ:SMCI) Trading Down 3.9% – Here’s Why

Super Micro Computer, Inc. (NASDAQ:SMCI)’s stock price traded down 3.9% on Wednesday . The stock traded as low as $31.64 and last traded at $32.04. 24,452,389 shares were traded during mid-day trading, a decline of 33% from the average session volume of 36,402,406 shares. The stock had previously closed at $33.33.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on SMCI shares. Northland Securities set a $63.00 price objective on shares of Super Micro Computer in a research report on Wednesday, November 5th. Wedbush cut their price target on shares of Super Micro Computer from $48.00 to $42.00 and set a “neutral” rating for the company in a research note on Wednesday, November 5th. Needham & Company LLC lowered their price objective on shares of Super Micro Computer from $51.00 to $40.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. KGI Securities raised shares of Super Micro Computer from a “neutral” rating to an “outperform” rating and set a $60.00 price objective for the company in a report on Wednesday, November 5th. Finally, The Goldman Sachs Group upped their target price on shares of Super Micro Computer from $26.00 to $27.00 and gave the stock a “sell” rating in a research report on Wednesday, February 4th. Seven equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $43.87.

Super Micro Computer Stock Performance

The business’s fifty day simple moving average is $31.36 and its 200-day simple moving average is $40.73. The firm has a market cap of $19.19 billion, a P/E ratio of 23.91, a price-to-earnings-growth ratio of 0.65 and a beta of 1.53. The company has a current ratio of 1.70, a quick ratio of 1.01 and a debt-to-equity ratio of 0.67.

Super Micro Computer (NASDAQ:SMCI) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported $0.69 EPS for the quarter, beating the consensus estimate of $0.49 by $0.20. The firm had revenue of $12.68 billion during the quarter, compared to the consensus estimate of $10.34 billion. Super Micro Computer had a net margin of 3.11% and a return on equity of 13.22%. The company’s quarterly revenue was up 123.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.59 earnings per share. Super Micro Computer has set its Q3 2026 guidance at 0.600- EPS. As a group, sell-side analysts expect that Super Micro Computer, Inc. will post 1.86 earnings per share for the current year.

Institutional Trading of Super Micro Computer

Several large investors have recently bought and sold shares of SMCI. Empowered Funds LLC raised its position in shares of Super Micro Computer by 13.5% in the 4th quarter. Empowered Funds LLC now owns 13,412 shares of the company’s stock worth $393,000 after acquiring an additional 1,597 shares in the last quarter. Illinois Municipal Retirement Fund bought a new position in Super Micro Computer in the fourth quarter worth $472,000. Deutsche Bank AG lifted its position in Super Micro Computer by 18.3% during the fourth quarter. Deutsche Bank AG now owns 1,738,665 shares of the company’s stock valued at $50,891,000 after buying an additional 268,919 shares during the period. Fox Run Management L.L.C. bought a new stake in shares of Super Micro Computer during the 4th quarter valued at $966,000. Finally, Hilton Head Capital Partners LLC purchased a new stake in shares of Super Micro Computer in the 4th quarter worth about $473,000. 84.06% of the stock is owned by institutional investors.

Super Micro Computer Company Profile

Super Micro Computer, Inc (Supermicro) is a technology company that designs, develops and manufactures high-performance server, storage and networking solutions for enterprise, cloud, data center, high performance computing (HPC) and edge computing customers. The company’s product portfolio includes rackmount and blade servers, storage subsystems, motherboards, chassis, power supplies and networking components, with an emphasis on high-density, energy-efficient configurations and platforms optimized for GPU-accelerated workloads and artificial intelligence applications.

Headquartered in San Jose, California, Supermicro combines in-house engineering with a global manufacturing and distribution footprint to deliver configurable, application-specific systems.