Super Micro Computer (NASDAQ:SMCI) Trading Down 6.9% on Analyst Downgrade

Super Micro Computer, Inc. (NASDAQ:SMCI)’s share price was down 6.9% during mid-day trading on Tuesday after Citigroup lowered their price target on the stock from $48.00 to $39.00. Citigroup currently has a neutral rating on the stock. Super Micro Computer traded as low as $30.22 and last traded at $30.3750. Approximately 12,197,138 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 32,480,525 shares. The stock had previously closed at $32.64.

A number of other research analysts also recently commented on the company. Sanford C. Bernstein reduced their target price on Super Micro Computer from $46.00 to $42.00 and set a “market perform” rating on the stock in a report on Wednesday, November 5th. Northland Securities set a $63.00 price objective on Super Micro Computer in a research note on Wednesday, November 5th. Rosenblatt Securities decreased their price objective on shares of Super Micro Computer from $60.00 to $55.00 and set a “buy” rating for the company in a report on Wednesday, November 5th. Argus set a $64.00 target price on shares of Super Micro Computer in a report on Thursday, November 6th. Finally, Zacks Research raised shares of Super Micro Computer from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Eight analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Super Micro Computer currently has an average rating of “Hold” and a consensus price target of $46.19.

Institutional Investors Weigh In On Super Micro Computer

A number of hedge funds have recently made changes to their positions in SMCI. Blue Trust Inc. grew its holdings in Super Micro Computer by 16.1% in the 2nd quarter. Blue Trust Inc. now owns 1,557 shares of the company’s stock worth $76,000 after buying an additional 216 shares in the last quarter. Hartford Investment Management Co. grew its stake in shares of Super Micro Computer by 0.8% in the second quarter. Hartford Investment Management Co. now owns 30,976 shares of the company’s stock worth $1,518,000 after purchasing an additional 235 shares in the last quarter. Securian Asset Management Inc. grew its stake in shares of Super Micro Computer by 0.9% in the second quarter. Securian Asset Management Inc. now owns 26,834 shares of the company’s stock worth $1,315,000 after purchasing an additional 246 shares in the last quarter. Wealthcare Advisory Partners LLC increased its holdings in shares of 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 purchasing an additional 248 shares during the period. Finally, TD Private Client Wealth LLC raised its stake in shares of Super Micro Computer by 46.0% during the second quarter. TD Private Client Wealth LLC now owns 800 shares of the company’s stock valued at $39,000 after purchasing an additional 252 shares in the last quarter. Institutional investors own 84.06% of the company’s stock.

Super Micro Computer Trading Down 4.4%

The firm has a market capitalization of $18.64 billion, a P/E ratio of 24.94, a PEG ratio of 0.68 and a beta of 1.54. The business’s 50 day moving average is $32.18 and its two-hundred day moving average is $42.91. The company has a quick ratio of 2.95, a current ratio of 5.39 and a debt-to-equity ratio of 0.72.

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

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.