Super Micro Computer, Inc. (NASDAQ:SMCI) Receives $42.13 Average PT from Analysts

Shares of Super Micro Computer, Inc. (NASDAQ:SMCI) have been assigned a consensus rating of “Hold” from the eighteen ratings firms that are presently covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $42.1333.

SMCI has been the topic of a number of recent research reports. Northland Securities set a $36.00 target price on Super Micro Computer in a research report on Wednesday, July 22nd. Zacks Research raised Super Micro Computer from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 20th. Rosenblatt Securities raised their price target on Super Micro Computer from $45.00 to $51.00 and gave the company a “buy” rating in a research note on Wednesday, August 12th. JPMorgan Chase & Co. boosted their price target on Super Micro Computer from $28.00 to $32.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Finally, 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 note on Wednesday, August 12th.

Hedge Funds Weigh In On Super Micro Computer

A number of institutional investors have recently added to or reduced their stakes in SMCI. California State Teachers Retirement System lifted its stake in Super Micro Computer by 2,984.2% in the second quarter. California State Teachers Retirement System now owns 25,071,724 shares of the company’s stock valued at $735,354,000 after acquiring an additional 24,258,827 shares during the last quarter. Norges Bank bought a new position in shares of Super Micro Computer in the 4th quarter valued at about $136,569,000. Assenagon Asset Management S.A. increased its stake in shares of Super Micro Computer by 1,770.4% during the 2nd quarter. Assenagon Asset Management S.A. now owns 2,174,863 shares of the company’s stock worth $63,789,000 after purchasing an additional 2,058,588 shares during the last quarter. Invesco Ltd. increased its stake in shares of Super Micro Computer by 21.2% during the 4th quarter. Invesco Ltd. now owns 9,953,780 shares of the company’s stock worth $291,347,000 after purchasing an additional 1,738,749 shares during the last quarter. Finally, Amundi raised its holdings in shares of Super Micro Computer by 188.8% in the 4th quarter. Amundi now owns 2,421,891 shares of the company’s stock valued at $70,889,000 after purchasing an additional 1,583,229 shares during the period. 84.06% of the stock is currently owned by institutional investors and hedge funds.

Super Micro Computer Stock Down 3.6%

Super Micro Computer stock opened at $37.08 on Monday. The company has a market cap of $22.30 billion, a P/E ratio of 11.59, a price-to-earnings-growth ratio of 0.84 and a beta of 1.95. Super Micro Computer has a 1-year low of $19.48 and a 1-year high of $58.78. The company has a fifty day simple moving average of $31.14 and a 200 day simple moving average of $31.03. The company has a current ratio of 3.87, a quick ratio of 2.07 and a debt-to-equity ratio of 0.65.

Super Micro Computer (NASDAQ:SMCI) last issued its quarterly earnings results on Tuesday, August 11th. The company reported $1.70 EPS for the quarter, topping the consensus estimate of $0.92 by $0.78. Super Micro Computer had a net margin of 5.71% and a return on equity of 27.83%. The firm had revenue of $11.12 billion for the quarter, compared to analysts’ expectations of $11.60 billion. During the same period in the previous year, the firm posted $0.31 EPS. The company’s revenue for the quarter was up 93.2% on a year-over-year basis. Super Micro Computer has set its Q1 2027 guidance at 1.010-1.100 EPS. Research analysts anticipate that Super Micro Computer will post 4.04 earnings per share for the current fiscal year.

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.