Super Micro Computer (NASDAQ:SMCI) Stock Price Down 1.3% – Time to Sell?

Super Micro Computer, Inc. (NASDAQ:SMCI)’s share price traded down 1.3% on Thursday . The company traded as low as $31.47 and last traded at $32.24. 26,816,058 shares traded hands during mid-day trading, a decline of 18% from the average session volume of 32,795,145 shares. The stock had previously closed at $32.65.

Wall Street Analyst Weigh In

SMCI has been the subject of a number of research reports. The Goldman Sachs Group boosted their price target on Super Micro Computer from $26.00 to $27.00 and gave the company a “sell” rating in a research report on Wednesday, February 4th. Sanford C. Bernstein reduced their price objective on Super Micro Computer from $42.00 to $37.00 and set a “market perform” rating on the stock in a research note on Wednesday, February 4th. Needham & Company LLC decreased their target price on Super Micro Computer from $51.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, February 4th. Rosenblatt Securities reissued a “buy” rating and set a $55.00 target price on shares of Super Micro Computer in a research report on Monday, February 2nd. Finally, Barclays set a $38.00 price target on shares of Super Micro Computer and gave the company an “equal weight” rating in a report on Wednesday, February 4th. Five research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $43.43.

Super Micro Computer Stock Down 2.9%

The firm has a 50-day simple moving average of $31.08 and a 200 day simple moving average of $38.38. The company has a market capitalization of $18.75 billion, a PE ratio of 23.37, a price-to-earnings-growth ratio of 0.64 and a beta of 1.52. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.70 and a quick ratio of 1.01.

Super Micro Computer (NASDAQ:SMCI) last issued its earnings results on Tuesday, February 3rd. The company reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.20. The company had revenue of $12.68 billion during the quarter, compared to the consensus estimate of $10.34 billion. Super Micro Computer had a return on equity of 13.22% and a net margin of 3.11%.The company’s revenue was up 123.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.59 earnings per share. Super Micro Computer has set its Q3 2026 guidance at 0.600- EPS. On average, research analysts predict that Super Micro Computer, Inc. will post 1.86 EPS for the current fiscal year.

Institutional Investors Weigh In On Super Micro Computer

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SMCI. Vanguard Group Inc. grew its stake in Super Micro Computer by 4.1% in the third quarter. Vanguard Group Inc. now owns 68,848,777 shares of the company’s stock worth $3,300,610,000 after purchasing an additional 2,695,829 shares in the last quarter. Geode Capital Management LLC increased its holdings in Super Micro Computer by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 13,808,499 shares of the company’s stock valued at $402,627,000 after buying an additional 41,314 shares during the last quarter. Invesco Ltd. raised its stake in Super Micro Computer by 21.2% during the fourth quarter. Invesco Ltd. now owns 9,953,780 shares of the company’s stock valued at $291,347,000 after buying an additional 1,738,749 shares in the last quarter. Disciplined Growth Investors Inc. MN lifted its holdings in Super Micro Computer by 16.5% during the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 9,730,773 shares of the company’s stock worth $476,905,000 after buying an additional 1,381,046 shares during the last quarter. Finally, Norges Bank bought a new position in Super Micro Computer during the 4th quarter worth approximately $136,569,000. Hedge funds and other institutional investors own 84.06% of the company’s stock.

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.