Super Micro Computer (NASDAQ:SMCI) Shares Down 1.6% – Should You Sell?

Super Micro Computer, Inc. (NASDAQ:SMCI) shares dropped 1.6% during trading on Thursday . The company traded as low as $29.10 and last traded at $29.37. Approximately 25,145,441 shares were traded during mid-day trading, a decline of 45% from the average daily volume of 45,906,000 shares. The stock had previously closed at $29.84.

Analyst Ratings Changes

SMCI has been the topic of several analyst reports. Rosenblatt Securities dropped their price objective on Super Micro Computer from $60.00 to $55.00 and set a “buy” rating on the stock in a report on Wednesday, November 5th. Wall Street Zen downgraded shares of Super Micro Computer from a “hold” rating to a “sell” rating in a research report on Saturday, November 15th. Northland Securities set a $63.00 price target on shares of Super Micro Computer in a research note on Wednesday, November 5th. 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 report on Wednesday, November 5th. Finally, Sanford C. Bernstein decreased their price objective on shares of Super Micro Computer from $46.00 to $42.00 and set a “market perform” rating for the company in a report on Wednesday, November 5th. Eight research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $48.38.

Super Micro Computer Trading Up 5.9%

The company has a quick ratio of 2.95, a current ratio of 5.39 and a debt-to-equity ratio of 0.72. The firm’s 50 day simple moving average is $40.40 and its two-hundred day simple moving average is $45.02. The stock has a market cap of $18.57 billion, a P/E ratio of 24.89, a price-to-earnings-growth ratio of 0.60 and a beta of 1.52.

Super Micro Computer (NASDAQ:SMCI) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.11). Super Micro Computer had a return on equity of 12.70% and a net margin of 3.77%.The business had revenue of $5.02 billion during the quarter, compared to the consensus estimate of $6.48 billion. During the same quarter in the previous year, the business posted $0.73 earnings per share. The company’s quarterly revenue was down 15.5% compared to the same quarter last year. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. As a group, equities research analysts predict that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Super Micro Computer

Institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in Super Micro Computer by 2.7% in the second quarter. Vanguard Group Inc. now owns 66,152,948 shares of the company’s stock worth $3,242,156,000 after buying an additional 1,745,179 shares during the last quarter. Park Avenue Securities LLC acquired a new stake in Super Micro Computer in the second quarter valued at approximately $310,000. Norges Bank bought a new stake in Super Micro Computer in the second quarter worth approximately $150,395,000. Bank Hapoalim BM acquired a new position in shares of Super Micro Computer during the 2nd quarter worth $748,000. Finally, Fiduciary Planning LLC acquired a new position in shares of Super Micro Computer during the 2nd quarter worth $255,000. 84.06% of the stock is owned by 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.