Barclays Cuts Super Micro Computer (NASDAQ:SMCI) Price Target to $43.00

Super Micro Computer (NASDAQ:SMCI) had its price target cut by Barclays from $45.00 to $43.00 in a research report sent to investors on Wednesday morning, Marketbeat reports. They currently have an equal weight rating on the stock.

A number of other brokerages have also recently weighed in on SMCI. KGI Securities raised shares of Super Micro Computer from a “neutral” rating to an “outperform” rating and set a $60.00 price target on the stock in a research report on Wednesday. Sanford C. Bernstein decreased their target price on Super Micro Computer from $46.00 to $42.00 and set a “market perform” rating for the company in a research note on Wednesday. Wall Street Zen raised Super Micro Computer from a “sell” rating to a “hold” rating in a research report on Saturday, October 18th. Mizuho decreased their price objective on Super Micro Computer from $50.00 to $45.00 and set a “neutral” rating for the company in a research report on Wednesday. Finally, Northland Securities raised their target price on shares of Super Micro Computer from $59.00 to $67.00 in a report on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $48.38.

Super Micro Computer Trading Down 1.4%

SMCI opened at $39.76 on Wednesday. The firm has a 50 day simple moving average of $48.29 and a 200 day simple moving average of $45.85. The company has a market cap of $23.63 billion, a price-to-earnings ratio of 23.95, a price-to-earnings-growth ratio of 1.30 and a beta of 1.50. Super Micro Computer has a fifty-two week low of $17.25 and a fifty-two week high of $66.44. The company has a debt-to-equity ratio of 0.74, a current ratio of 5.25 and a quick ratio of 3.25.

Super Micro Computer (NASDAQ:SMCI) last released its earnings results on Tuesday, November 4th. The company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.11). The company had revenue of $5.02 billion during the quarter, compared to analyst estimates of $6.48 billion. Super Micro Computer had a net margin of 4.77% and a return on equity of 17.14%. The company’s quarterly revenue was down 15.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.73 EPS. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. FY 2026 guidance at EPS. On average, sell-side analysts anticipate that Super Micro Computer will post 1.86 earnings per share for the current year.

Insider Buying and Selling at Super Micro Computer

In other news, CFO David E. Weigand sold 25,000 shares of the business’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $45.14, for a total transaction of $1,128,500.00. Following the transaction, the chief financial officer directly owned 100,188 shares in the company, valued at $4,522,486.32. The trade was a 19.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP George Kao sold 40,000 shares of the company’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $43.88, for a total transaction of $1,755,200.00. Following the completion of the sale, the senior vice president directly owned 21,820 shares in the company, valued at approximately $957,461.60. The trade was a 64.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 90,000 shares of company stock worth $3,890,950 over the last ninety days. Insiders own 16.30% of the company’s stock.

Hedge Funds Weigh In On Super Micro Computer

A number of institutional investors have recently bought and sold shares of the business. Allspring Global Investments Holdings LLC boosted its stake in shares of Super Micro Computer by 1.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 24,367 shares of the company’s stock worth $854,000 after acquiring an additional 302 shares during the period. Teacher Retirement System of Texas acquired a new stake in Super Micro Computer during the 1st quarter valued at $2,638,000. Mutual Advisors LLC bought a new position in Super Micro Computer during the first quarter worth $201,000. OneDigital Investment Advisors LLC acquired a new position in shares of Super Micro Computer in the first quarter valued at $241,000. Finally, Concurrent Investment Advisors LLC raised its position in shares of Super Micro Computer by 47.0% in the first quarter. Concurrent Investment Advisors LLC now owns 32,818 shares of the company’s stock valued at $1,124,000 after purchasing an additional 10,489 shares during the period. Institutional investors and hedge funds own 84.06% of the company’s stock.

Super Micro Computer Company Profile

Super Micro Computer, Inc, together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.