Super Micro Computer (NASDAQ:SMCI) Shares Up 5.8% – Still a Buy?

Shares of Super Micro Computer, Inc. (NASDAQ:SMCI) shot up 5.8% on Wednesday . The company traded as high as $32.31 and last traded at $32.3250. 5,268,505 shares traded hands during trading, a decline of 85% from the average session volume of 36,288,926 shares. The stock had previously closed at $30.56.

Key Headlines Impacting Super Micro Computer

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

• Positive Sentiment: SMCI is outperforming other AI server stocks, reinforcing investor appetite for the company’s AI infrastructure story. Article Title
• Positive Sentiment: Analysts and investors are still focused on Super Micro’s growth in AI servers, liquid cooling, and total data center solutions. Article Title
• Neutral Sentiment: Mizuho lifted its price target to $36 but kept a Neutral rating, signaling limited near-term conviction despite better demand trends. Article Title
• Negative Sentiment: Ongoing securities class action headlines and approaching deadlines continue to weigh on sentiment and add legal risk. Article Title

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. JPMorgan Chase & Co. raised their price objective on shares of Super Micro Computer from $28.00 to $32.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Citigroup reaffirmed a “neutral” rating and issued a $31.00 price objective (up from $25.00) on shares of Super Micro Computer in a research note on Wednesday, May 6th. CJS Securities raised shares of Super Micro Computer from a “market underperform” rating to a “market perform” rating in a research note on Wednesday, May 6th. Northland Securities raised their price objective on shares of Super Micro Computer from $22.00 to $34.00 in a research note on Wednesday, May 6th. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $45.00 price objective on shares of Super Micro Computer in a research note on Wednesday, May 6th. Four analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $38.43.

Super Micro Computer Stock Performance

The company has a market cap of $20.06 billion, a PE ratio of 17.54, a PEG ratio of 0.51 and a beta of 1.69. The company has a quick ratio of 1.29, a current ratio of 2.66 and a debt-to-equity ratio of 0.88. The company has a 50-day moving average of $27.75 and a 200-day moving average of $31.21.

Super Micro Computer (NASDAQ:SMCI) last announced its earnings results on Tuesday, May 5th. The company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.21. Super Micro Computer had a return on equity of 17.49% and a net margin of 3.70%.The company had revenue of $10.24 billion for the quarter, compared to analysts’ expectations of $12.39 billion. During the same quarter in the previous year, the firm earned $0.31 earnings per share. Super Micro Computer’s quarterly 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. As a group, analysts anticipate that Super Micro Computer, Inc. will post 2.12 earnings per share for the current year.

Institutional Investors Weigh In On Super Micro Computer

A number of hedge funds have recently made changes to their positions in SMCI. Flagship Harbor Advisors LLC bought a new stake in shares of Super Micro Computer during the 4th quarter worth $25,000. Elyxium Wealth LLC bought a new stake in shares of Super Micro Computer during the 4th quarter worth $26,000. Arax Advisory Partners bought a new stake in shares of Super Micro Computer during the 4th quarter worth $28,000. SHP Wealth Management bought a new stake in shares of Super Micro Computer during the 4th quarter worth $29,000. Finally, Concord Wealth Partners raised its stake in shares of Super Micro Computer by 2,564.1% during the 4th quarter. Concord Wealth Partners now owns 1,039 shares of the company’s stock worth $30,000 after purchasing an additional 1,000 shares during the period. 84.06% of the stock is currently 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.