Super Micro Computer (NASDAQ:SMCI) Stock Price Up 10.4% – Should You Buy?

Shares of Super Micro Computer, Inc. (NASDAQ:SMCI) rose 10.4% on Thursday . The company traded as high as $30.91 and last traded at $30.66. Approximately 67,722,672 shares were traded during mid-day trading, an increase of 60% from the average daily volume of 42,393,703 shares. The stock had previously closed at $27.78.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Citigroup reiterated a “neutral” rating and issued a $31.00 target price (up from $25.00) on shares of Super Micro Computer in a report on Wednesday, May 6th. Wolfe Research assumed coverage on Super Micro Computer in a research note on Thursday, June 11th. They issued a “peer perform” rating on the stock. Needham & Company LLC reissued a “buy” rating and set a $40.00 price objective on shares of Super Micro Computer in a research report on Wednesday, May 6th. The Goldman Sachs Group restated a “sell” rating on shares of Super Micro Computer in a research note on Wednesday, May 6th. Finally, Bank of America dropped their price target 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. Four equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Super Micro Computer currently has a consensus rating of “Hold” and an average price target of $38.57.

Super Micro Computer Stock Performance

The firm’s fifty day moving average price is $32.72 and its 200-day moving average price is $31.13. The company has a current ratio of 2.66, a quick ratio of 1.29 and a debt-to-equity ratio of 0.88. The company has a market cap of $18.44 billion, a P/E ratio of 16.22, a P/E/G ratio of 0.49 and a beta of 1.87.

Super Micro Computer (NASDAQ:SMCI) last released its earnings results on Tuesday, May 5th. The company reported $0.84 earnings per share 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 business had revenue of $10.24 billion during the quarter, compared to analysts’ expectations of $12.39 billion. During the same quarter last 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. As a group, research analysts forecast that Super Micro Computer, Inc. will post 2.11 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of SMCI. Flagship Harbor Advisors LLC acquired a new stake in Super Micro Computer during the fourth quarter worth $25,000. Elyxium Wealth LLC bought a new position in shares of Super Micro Computer during the 4th quarter worth about $26,000. Arax Advisory Partners bought a new position in shares of Super Micro Computer during the 4th quarter worth about $28,000. SHP Wealth Management acquired a new stake in shares of Super Micro Computer during the 4th quarter valued at about $29,000. Finally, Concord Wealth Partners boosted its position 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 valued at $30,000 after acquiring an additional 1,000 shares in the last quarter. 84.06% of the stock is currently owned by institutional investors and hedge funds.

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.