Super Micro Computer (NASDAQ:SMCI – Free Report) had its target price increased by Northland Securities from $59.00 to $67.00 in a report issued on Friday morning, Marketbeat Ratings reports.
Several other research analysts have also weighed in on the stock. Barclays boosted their price objective on shares of Super Micro Computer from $29.00 to $45.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 7th. Bank of America began coverage on shares of Super Micro Computer in a research report on Wednesday, July 9th. They issued an “underperform” rating and a $35.00 price objective on the stock. Needham & Company LLC increased their price objective on shares of Super Micro Computer from $39.00 to $60.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. Wedbush reissued a “neutral” rating and issued a $30.00 price objective on shares of Super Micro Computer in a research report on Monday, August 4th. Finally, Wall Street Zen raised shares of Super Micro Computer from a “sell” rating to a “hold” rating in a research report on Saturday, October 18th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Super Micro Computer has an average rating of “Hold” and an average price target of $47.57.
Check Out Our Latest Stock Analysis on Super Micro Computer
Super Micro Computer Stock Up 0.8%
Super Micro Computer (NASDAQ:SMCI – Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.03). The firm had revenue of $5.76 billion for the quarter, compared to analyst estimates of $5.88 billion. Super Micro Computer had a return on equity of 17.14% and a net margin of 4.77%.The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $6.25 earnings per share. Super Micro Computer has set its Q1 2026 guidance at 0.400-0.520 EPS. FY 2026 guidance at EPS. Sell-side analysts anticipate that Super Micro Computer will post 1.86 earnings per share for the current year.
Insider Transactions at Super Micro Computer
In related news, SVP George Kao sold 40,000 shares of the firm’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $43.88, for a total transaction of $1,755,200.00. Following the transaction, the senior vice president directly owned 21,820 shares of the company’s stock, valued at approximately $957,461.60. This trade represents a 64.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO David E. Weigand sold 25,000 shares of the firm’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $45.14, for a total transaction of $1,128,500.00. Following the transaction, the chief financial officer directly owned 100,188 shares in the company, valued at approximately $4,522,486.32. This represents a 19.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 90,000 shares of company stock worth $3,890,950. 16.30% of the stock is owned by insiders.
Hedge Funds Weigh In On Super Micro Computer
Hedge funds have recently bought and sold shares of the business. Anfield Capital Management LLC bought a new position in Super Micro Computer in the 2nd quarter valued at about $25,000. Twin Peaks Wealth Advisors LLC bought a new position in Super Micro Computer in the 2nd quarter valued at about $25,000. Eastern Bank bought a new position in Super Micro Computer in the 1st quarter valued at about $29,000. Armstrong Advisory Group Inc. bought a new position in Super Micro Computer in the 3rd quarter valued at about $29,000. Finally, Beaird Harris Wealth Management LLC bought a new position in Super Micro Computer in the 1st quarter valued at about $34,000. 84.06% of the stock is owned by institutional investors.
Super Micro Computer Company Profile
Super Micro Computer, Inc, together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.
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