Super Micro Computer (NASDAQ:SMCI) Stock Price Down 2.4% – Here’s Why

Shares of Super Micro Computer, Inc. (NASDAQ:SMCI) traded down 2.4% during mid-day trading on Wednesday . The company traded as low as $31.78 and last traded at $32.00. 25,182,956 shares changed hands during trading, a decline of 32% from the average session volume of 36,991,418 shares. The stock had previously closed at $32.79.

Key Super Micro Computer News

Here are the key news stories impacting Super Micro Computer this week:

• Positive Sentiment: Super Micro expanded its leadership team, naming Matthew Thauberger as Chief Revenue Officer and Vik Malyala as Chief Business Officer, moves that could help strengthen sales execution as the company pushes deeper into AI infrastructure demand. Supermicro Appoints Matthew Thauberger as Chief Revenue Officer
• Positive Sentiment: The company also reiterated its participation in upcoming investor conferences, which may give management a chance to reinforce its AI-server demand outlook and margin recovery narrative. Supermicro Announces Participation in Upcoming Investor Events
• Positive Sentiment: Analyst commentary around Super Micro’s Q1 earnings call highlighted strong year-over-year growth, improving gross margins, and continued demand for AI infrastructure, even though revenue fell short of Wall Street’s expectations. 5 Must-Read Analyst Questions From Super Micro’s Q1 Earnings Call
• Neutral Sentiment: Super Micro was linked to a non-binding MoU with NANO Nuclear to explore powering future AI data centers with on-site nuclear energy, a longer-term strategic idea that is interesting but not yet a concrete revenue driver. NANO Nuclear (NNE) Teams Up With Super Micro to Power AI Data Centers With On-Site Reactors
• Negative Sentiment: Several law firms announced or updated securities class-action claims against Super Micro, with deadlines approaching in late May, adding legal overhang and keeping investor attention on alleged disclosure issues. Hagens Berman Files New Securities Class Action Against Super Micro Computer (SMCI)
• Negative Sentiment: Another investor alert urged shareholders with losses to join a class action, reinforcing the legal risks that may be pressuring sentiment in SMCI shares. Super Micro Computer, Inc. (SMCI) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Citigroup reaffirmed a “neutral” rating and set a $31.00 price target (up from $25.00) on shares of Super Micro Computer in a research report on Wednesday, May 6th. Bank of America cut their target price on Super Micro Computer from $34.00 to $24.00 and set an “underperform” rating on the stock in a research report on Tuesday, March 24th. CJS Securities raised Super Micro Computer from a “market underperform” rating to a “market perform” rating in a research report on Wednesday, May 6th. Rosenblatt Securities upped their target price on Super Micro Computer from $32.00 to $40.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Finally, Sanford C. Bernstein cut their target price on Super Micro Computer from $42.00 to $37.00 and set a “market perform” rating on the stock in a research report on Wednesday, February 4th. Four equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $38.43.

Super Micro Computer Stock Performance

The company has a debt-to-equity ratio of 0.88, a current ratio of 2.66 and a quick ratio of 1.29. The company has a market capitalization of $18.67 billion, a PE ratio of 16.42, a price-to-earnings-growth ratio of 0.53 and a beta of 1.69. The firm’s fifty day simple moving average is $27.82 and its 200 day simple moving average is $31.66.

Super Micro Computer (NASDAQ:SMCI) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.84 EPS for the quarter, beating the consensus estimate of $0.63 by $0.21. Super Micro Computer had a net margin of 3.70% and a return on equity of 17.49%. The company had revenue of $10.24 billion for the quarter, compared to analyst estimates of $12.39 billion. During the same period in the prior year, the company earned $0.31 earnings per share. The firm’s revenue was up 122.7% on a year-over-year basis. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. On average, research analysts predict that Super Micro Computer, Inc. will post 2.12 EPS for the current year.

Institutional Investors Weigh In On Super Micro Computer

Several hedge funds have recently added to or reduced their stakes in the business. Delta Global Management LP purchased a new stake in Super Micro Computer in the first quarter valued at $2,086,000. Lombard Odier Asset Management Switzerland SA boosted its holdings in Super Micro Computer by 11.0% in the first quarter. Lombard Odier Asset Management Switzerland SA now owns 63,718 shares of the company’s stock valued at $1,451,000 after purchasing an additional 6,300 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in Super Micro Computer by 367.9% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 92,745 shares of the company’s stock valued at $2,112,000 after purchasing an additional 72,922 shares during the last quarter. Renaissance Technologies LLC purchased a new stake in Super Micro Computer in the first quarter valued at $1,353,000. Finally, Sei Investments Co. boosted its holdings in Super Micro Computer by 134.8% in the first quarter. Sei Investments Co. now owns 144,238 shares of the company’s stock valued at $3,284,000 after purchasing an additional 82,820 shares during the last quarter. 84.06% of the stock is owned by hedge funds and other institutional investors.

About Super Micro Computer

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.