Super Micro Computer (NASDAQ:SMCI) Shares Down 2.5% – Here’s Why

Super Micro Computer, Inc. (NASDAQ:SMCI)’s share price was down 2.5% during mid-day trading on Tuesday . The company traded as low as $31.17 and last traded at $32.48. Approximately 21,479,013 shares were traded during trading, a decline of 55% from the average daily volume of 47,750,664 shares. The stock had previously closed at $33.32.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on SMCI shares. The Goldman Sachs Group set a $34.00 price objective on shares of Super Micro Computer and gave the company a “sell” rating in a research note on Wednesday, November 5th. KGI Securities upgraded Super Micro Computer from a “neutral” rating to an “outperform” rating and set a $60.00 price target on the stock in a research report on Wednesday, November 5th. Needham & Company LLC dropped their target price on shares of Super Micro Computer from $60.00 to $51.00 and set a “buy” rating on the stock in a report on Wednesday, November 5th. Barclays lowered their target price on Super Micro Computer from $45.00 to $43.00 and set an “equal weight” rating on the stock in a research report on Wednesday, November 5th. Finally, Argus set a $64.00 price objective on shares of Super Micro Computer in a research report on Thursday, November 6th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $48.38.

Super Micro Computer Stock Up 1.1%

The company has a debt-to-equity ratio of 0.74, a current ratio of 5.25 and a quick ratio of 3.25. The company has a fifty day moving average price of $46.27 and a 200 day moving average price of $46.06. The company has a market cap of $19.60 billion, a PE ratio of 19.78, a price-to-earnings-growth ratio of 1.30 and a beta of 1.50.

Super Micro Computer (NASDAQ:SMCI) last posted its quarterly earnings data on Tuesday, November 4th. The company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.11). The firm had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $6.48 billion. Super Micro Computer had a return on equity of 17.14% and a net margin of 4.77%.Super Micro Computer’s revenue for the quarter was down 15.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.73 earnings per share. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. FY 2026 guidance at EPS. As a group, analysts anticipate that Super Micro Computer, Inc. will post 1.86 EPS for the current year.

Insider Activity

In other Super Micro Computer news, CFO David E. Weigand sold 25,000 shares of the stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $45.14, for a total value of $1,128,500.00. Following the completion of the sale, the chief financial officer owned 100,188 shares in the company, valued at approximately $4,522,486.32. This trade represents a 19.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 16.30% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in shares of Super Micro Computer by 4.1% during the third quarter. Vanguard Group Inc. now owns 68,848,777 shares of the company’s stock valued at $3,300,610,000 after buying an additional 2,695,829 shares during the period. Geode Capital Management LLC lifted its holdings in Super Micro Computer by 2.7% in the second quarter. Geode Capital Management LLC now owns 13,752,581 shares of the company’s stock worth $671,316,000 after buying an additional 364,411 shares during the period. Disciplined Growth Investors Inc. MN boosted its position 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 valued at $476,905,000 after acquiring an additional 1,381,046 shares in the last quarter. Invesco Ltd. boosted its position in Super Micro Computer by 31.6% during the 2nd quarter. Invesco Ltd. now owns 8,639,784 shares of the company’s stock valued at $423,436,000 after acquiring an additional 2,073,978 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Super Micro Computer by 5.3% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 3,971,739 shares of the company’s stock worth $194,655,000 after acquiring an additional 200,109 shares during the period. 84.06% of the stock is owned by hedge funds and other 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.