Super Micro Computer, Inc. (NASDAQ:SMCI – Get Free Report)’s stock price rose 2.1% on Monday . The company traded as high as $32.16 and last traded at $31.98. Approximately 27,515,587 shares changed hands during mid-day trading, a decline of 15% from the average daily volume of 32,425,758 shares. The stock had previously closed at $31.31.
Wall Street Analyst Weigh In
A number of brokerages have recently commented on SMCI. Barclays set a $38.00 price objective on Super Micro Computer and gave the company an “equal weight” rating in a report on Wednesday, February 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Super Micro Computer in a research report on Monday, December 29th. Raymond James Financial lowered their price target on Super Micro Computer from $50.00 to $35.00 and set an “outperform” rating on the stock in a report on Wednesday, February 4th. Rosenblatt Securities reissued a “buy” rating and issued a $55.00 price target on shares of Super Micro Computer in a research report on Monday, February 2nd. Finally, Zacks Research upgraded shares of Super Micro Computer from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Five equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Super Micro Computer presently has an average rating of “Hold” and a consensus price target of $43.43.
Check Out Our Latest Analysis on SMCI
Super Micro Computer Stock Up 2.1%
Super Micro Computer (NASDAQ:SMCI – Get Free Report) last released its earnings results on Tuesday, February 3rd. The company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.49 by $0.20. The firm had revenue of $12.68 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter last year, the firm posted $0.59 EPS. Super Micro Computer has set its Q3 2026 guidance at 0.600- EPS. As a group, sell-side 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
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Anfield Capital Management LLC acquired a new stake in Super Micro Computer in the 2nd quarter worth $25,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of Super Micro Computer during the 2nd quarter worth about $25,000. Armstrong Advisory Group Inc. acquired a new position in shares of Super Micro Computer during the third quarter valued at about $29,000. Hazlett Burt & Watson Inc. lifted its stake in shares of Super Micro Computer by 68.6% in the third quarter. Hazlett Burt & Watson Inc. now owns 661 shares of the company’s stock valued at $31,000 after buying an additional 269 shares during the period. Finally, Flagship Harbor Advisors LLC bought a new stake in shares of Super Micro Computer in the fourth quarter valued at about $25,000. 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.
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