Super Micro Computer (NASDAQ:SMCI) Stock Price Down 3.5% – Here’s Why

Super Micro Computer, Inc. (NASDAQ:SMCI) was down 3.5% during trading on Tuesday . The company traded as low as $25.41 and last traded at $26.25. 38,489,758 shares traded hands during trading, a decline of 12% from the average daily volume of 43,792,676 shares. The stock had previously closed at $27.19.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. The Goldman Sachs Group restated a “sell” rating on shares of Super Micro Computer in a research note on Wednesday, May 6th. Rosenblatt Securities raised their price objective on Super Micro Computer from $32.00 to $40.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Northland Securities upped their price target on Super Micro Computer from $22.00 to $34.00 in a research report on Wednesday, May 6th. Wolfe Research initiated coverage on shares of Super Micro Computer in a research report on Thursday, June 11th. They set a “peer perform” rating on the stock. Finally, CJS Securities raised Super Micro Computer from a “market underperform” rating to a “market perform” rating in a research note on Wednesday, May 6th. Four analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $38.57.

Super Micro Computer Price Performance

The stock has a fifty day simple moving average of $33.60 and a 200-day simple moving average of $30.77. The company has a market capitalization of $17.17 billion, a PE ratio of 15.10, a P/E/G ratio of 0.33 and a beta of 1.94. The company has a current ratio of 2.66, a quick ratio of 1.29 and a debt-to-equity ratio of 0.88.

Super Micro Computer (NASDAQ:SMCI) last announced 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 firm posted $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. Equities analysts anticipate that Super Micro Computer, Inc. will post 2.13 earnings per share for the current year.

Institutional Trading of Super Micro Computer

Institutional investors have recently modified their holdings of the business. Geode Capital Management LLC grew its stake in Super Micro Computer by 0.3% in the 4th quarter. Geode Capital Management LLC now owns 13,808,499 shares of the company’s stock valued at $402,627,000 after acquiring an additional 41,314 shares during the last quarter. Invesco Ltd. lifted its stake in shares of Super Micro Computer by 21.2% during the fourth quarter. Invesco Ltd. now owns 9,953,780 shares of the company’s stock valued at $291,347,000 after buying an additional 1,738,749 shares during the period. Disciplined Growth Investors Inc. MN lifted its stake in shares of Super Micro Computer by 16.5% during the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 9,730,773 shares of the company’s stock worth $476,905,000 after purchasing an additional 1,381,046 shares during the period. Norges Bank purchased a new stake in shares of Super Micro Computer in the fourth quarter valued at $136,569,000. Finally, Dimensional Fund Advisors LP boosted its stake in Super Micro Computer by 2.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,082,780 shares of the company’s stock worth $92,872,000 after buying an additional 111,388 shares during the last quarter. 84.06% of the stock is currently owned by hedge funds and other 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.