Super Micro Computer, Inc. (NASDAQ:SMCI) Stock Has Consensus Price Target of $43.08 According to Analysts

Shares of Super Micro Computer, Inc. (NASDAQ:SMCI) have received a consensus recommendation of “Hold” from the nineteen analysts that are presently covering the firm, MarketBeat reports. Three analysts have rated the stock with a sell recommendation, twelve have assigned a hold recommendation and four have given a buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $41.29.

Several equities analysts have recently issued reports on SMCI shares. The Goldman Sachs Group reiterated a “sell” rating and set a $34.00 price objective (up from $30.00) on shares of Super Micro Computer in a research report on Wednesday, August 12th. Wedbush raised their target price on Super Micro Computer from $34.00 to $40.00 and gave the company a “neutral” rating in a research report on Wednesday, August 12th. Northland Securities set a $36.00 target price on Super Micro Computer in a research note on Wednesday, July 22nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Super Micro Computer in a research note on Monday, September 21st. Finally, Oppenheimer upgraded Super Micro Computer to an “outperform” rating in a research report on Wednesday, November 4th.

Insider Activity

In related news, CEO Charles Liang sold 100,000 shares of the company’s stock in a transaction dated Wednesday, October 7th. The shares were sold at an average price of $45.02, for a total value of $4,502,000.00. Following the completion of the sale, the chief executive officer owned 337,506 shares of the company’s stock, valued at $15,194,520.12. This represents a 22.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Chiu-Chu Liang sold 100,000 shares of the stock in a transaction dated Wednesday, October 7th. The shares were sold at an average price of $45.02, for a total transaction of $4,502,000.00. Following the completion of the transaction, the director owned 337,506 shares of the company’s stock, valued at $15,194,520.12. This represents a 22.86% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 400,000 shares of company stock valued at $16,442,000. Company insiders own 16.10% of the company’s stock.

Hedge Funds Weigh In On Super Micro Computer

Several large investors have recently bought and sold shares of SMCI. Assenagon Asset Management S.A. lifted its stake in shares of Super Micro Computer by 1,770.4% in the 2nd quarter. Assenagon Asset Management S.A. now owns 2,174,863 shares of the company’s stock worth $63,789,000 after acquiring an additional 2,058,588 shares during the period. Ardmore Road Asset Management LP acquired a new position in shares of Super Micro Computer during the first quarter valued at approximately $11,954,000. Public Sector Pension Investment Board increased its stake in shares of Super Micro Computer by 513.0% during the third quarter. Public Sector Pension Investment Board now owns 618,712 shares of the company’s stock valued at $24,210,000 after acquiring an additional 517,783 shares during the period. Diversify Wealth Management LLC acquired a new position in shares of Super Micro Computer during the first quarter valued at approximately $7,455,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Super Micro Computer during the second quarter valued at approximately $8,412,000. Institutional investors and hedge funds own 84.06% of the company’s stock.

Super Micro Computer Stock Up 9.5%

Super Micro Computer stock opened at $30.43 on Friday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.66 and a current ratio of 3.02. Super Micro Computer has a one year low of $19.48 and a one year high of $51.40. The company has a 50-day simple moving average of $36.96 and a 200-day simple moving average of $32.61. The firm has a market capitalization of $20.06 billion, a P/E ratio of 6.49, a P/E/G ratio of 0.31 and a beta of 2.17.

Super Micro Computer (NASDAQ:SMCI) last issued its quarterly earnings data on Tuesday, November 3rd. The company reported $1.81 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.53. The firm had revenue of $19.95 billion for the quarter, compared to the consensus estimate of $16.29 billion. Super Micro Computer had a net margin of 6.77% and a return on equity of 38.97%. Super Micro Computer’s quarterly revenue was up 297.5% compared to the same quarter last year. During the same period last year, the firm posted $0.35 EPS. As a group, equities analysts expect that Super Micro Computer will post 5.90 earnings per share for the current year.

Top Super Micro Computer Stories

These are some of the SMCI stories that stood out recently:

• Positive Sentiment: Super Micro said its H15 server portfolio, powered by AMD’s 6th Gen EPYC processors, is now shipping. The systems target cloud, high-performance computing and AI workloads, and the company highlighted benchmark records and improvements including up to 33% more cores and twice the PCIe bandwidth. Commercial shipments could help it capture continued AI infrastructure demand. Article: Supermicro Now Shipping Next-Generation Servers Powered by 6th Gen AMD EPYC CPUs
• Positive Sentiment: CoreWeave’s stronger results and improved outlook provided a lift to sentiment around Super Micro, which supplies AI-server infrastructure to the cloud-computing company. Article: Super Micro stock jumps as AMD server shipments and CoreWeave lift shares
• Negative Sentiment: Reports of regulatory scrutiny over whether Super Micro servers containing Nvidia chips were rented to China’s Moonshot AI raise potential export-control and compliance risks. Article: Super Micro Unveils H15 Servers as Export Scrutiny Draws Focus

About Super Micro Computer

Super Micro Computer, Inc. designs and sells server and storage systems, networking equipment, and related software and services. Its offerings include systems for data centers, cloud computing, enterprise applications, high-performance computing, artificial intelligence, and edge computing. The company emphasizes application-optimized solutions, including integrated rack-scale systems that combine computing, storage, networking, and management tools. It also provides system configuration, deployment, and support services.