Shares of Super Micro Computer, Inc. (NASDAQ:SMCI – Get Free Report) have earned an average recommendation of “Hold” from the eighteen analysts that are presently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have assigned a buy rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $38.5714.
A number of equities research analysts have commented on SMCI shares. Bank of America reduced their target price 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. Raymond James Financial lowered their price target on Super Micro Computer from $45.00 to $39.00 in a report on Friday, June 12th. Northland Securities raised their price objective on Super Micro Computer from $22.00 to $34.00 in a research report on Wednesday, May 6th. Rosenblatt Securities boosted their price objective on shares of Super Micro Computer from $32.00 to $40.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Finally, Barclays decreased their target price on shares of Super Micro Computer from $38.00 to $34.00 and set an “equal weight” rating on the stock in a research report on Wednesday, May 6th.
View Our Latest Stock Report on SMCI
Super Micro Computer Stock Performance
Super Micro Computer (NASDAQ:SMCI – Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.21. The firm had revenue of $10.24 billion for the quarter, compared to analysts’ expectations of $12.39 billion. Super Micro Computer had a return on equity of 17.49% and a net margin of 3.70%.The firm’s quarterly revenue was up 122.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.31 earnings per share. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. On average, analysts expect that Super Micro Computer will post 2.13 EPS for the current year.
Institutional Investors Weigh In On Super Micro Computer
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Redhawk Wealth Advisors Inc. acquired a new stake in Super Micro Computer in the 2nd quarter valued at approximately $253,000. Contravisory Investment Management Inc. acquired a new position in Super Micro Computer during the second quarter worth $49,000. World Equity Group Inc. lifted its stake in Super Micro Computer by 21.3% during the second quarter. World Equity Group Inc. now owns 11,977 shares of the company’s stock worth $351,000 after purchasing an additional 2,100 shares in the last quarter. Hennion & Walsh Asset Management Inc. boosted its position in shares of Super Micro Computer by 42.8% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 20,197 shares of the company’s stock worth $592,000 after buying an additional 6,052 shares during the period. Finally, Valeo Financial Advisors LLC boosted its position in shares of Super Micro Computer by 22.2% during the second quarter. Valeo Financial Advisors LLC now owns 22,777 shares of the company’s stock worth $668,000 after buying an additional 4,137 shares during the period. 84.06% of the stock is 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.
Featured Articles
- Five stocks we like better than Super Micro Computer
- PriceSmart Stock Eyes $220 as Chile Expansion Fuels Growth
- Dollar Tree’s Turnaround Is Starting to Take Root
- Why Levi’s Digital Strategy Is Paying Off in a Big Way
- Constellation Brands: Beer Growth and Buybacks Mask Stock’s Slump
Receive News & Ratings for Super Micro Computer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Super Micro Computer and related companies with MarketBeat.com's FREE daily email newsletter.
