Super Micro Computer (NASDAQ:SMCI) Stock Price Up 2.1% – Still a Buy?

Super Micro Computer, Inc. (NASDAQ:SMCI) was up 2.1% on Monday . The company traded as high as $30.96 and last traded at $29.71. Approximately 26,458,770 shares traded hands during mid-day trading, a decline of 17% from the average daily volume of 31,702,328 shares. The stock had previously closed at $29.11.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on SMCI. The Goldman Sachs Group set a $26.00 price target on Super Micro Computer and gave the stock a “sell” rating in a report on Tuesday, January 13th. KGI Securities raised Super Micro Computer from a “neutral” rating to an “outperform” rating and set a $60.00 target price for the company in a research report on Wednesday, November 5th. Barclays cut their price target on shares of Super Micro Computer from $45.00 to $43.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 5th. Needham & Company LLC decreased their price objective on shares of Super Micro Computer from $60.00 to $51.00 and set a “buy” rating for the company in a report on Wednesday, November 5th. Finally, Mizuho set a $31.00 price objective on shares of Super Micro Computer and gave the stock a “neutral” rating in a research report on Friday, January 9th. Eight research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $46.19.

Super Micro Computer Trading Up 2.1%

The firm has a 50-day simple moving average of $31.49 and a 200-day simple moving average of $41.71. 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 stock has a market cap of $17.74 billion, a PE ratio of 23.77, a P/E/G ratio of 0.60 and a beta of 1.53.

Super Micro Computer (NASDAQ:SMCI) last posted its earnings results on Tuesday, November 4th. The company reported $0.35 earnings per share for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.11). Super Micro Computer had a net margin of 3.77% and a return on equity of 12.70%. The company had revenue of $5.02 billion for the quarter, compared to analysts’ expectations of $6.48 billion. During the same period in the previous year, the firm earned $0.73 EPS. The firm’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. Equities analysts forecast that Super Micro Computer, Inc. will post 1.86 earnings per share for the current year.

Institutional Trading of Super Micro Computer

Institutional investors and hedge funds have recently bought and sold shares of the company. Blue Trust Inc. grew its position in shares of Super Micro Computer by 16.1% during the 2nd quarter. Blue Trust Inc. now owns 1,557 shares of the company’s stock valued at $76,000 after purchasing an additional 216 shares in the last quarter. Securian Asset Management Inc. boosted its stake in Super Micro Computer by 0.9% during the second quarter. Securian Asset Management Inc. now owns 26,834 shares of the company’s stock valued at $1,315,000 after buying an additional 246 shares during the period. Wealthcare Advisory Partners LLC boosted its stake in Super Micro Computer by 1.2% during the second quarter. Wealthcare Advisory Partners LLC now owns 21,798 shares of the company’s stock valued at $1,068,000 after buying an additional 248 shares during the period. Tokio Marine Asset Management Co. Ltd. grew its position in Super Micro Computer by 1.4% during the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 19,374 shares of the company’s stock worth $929,000 after buying an additional 266 shares in the last quarter. Finally, Hazlett Burt & Watson Inc. increased its stake in Super Micro Computer by 68.6% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 661 shares of the company’s stock worth $31,000 after acquiring an additional 269 shares during the last quarter. 84.06% of the stock is currently owned by hedge funds and other institutional investors.

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.