Super Micro Computer (NASDAQ:SMCI) Stock Price Down 3.8% After Analyst Downgrade

Super Micro Computer, Inc. (NASDAQ:SMCI) shares traded down 3.8% 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 $31.41. 39,456,861 shares traded hands during mid-day trading, an increase of 12% from the average session volume of 35,340,621 shares. The stock had previously closed at $32.64.

Several other research firms also recently issued reports on SMCI. Needham & Company LLC lowered their price objective on Super Micro Computer from $60.00 to $51.00 and set a “buy” rating for the company in a research note on Wednesday, November 5th. Barclays reduced their target price 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. The Goldman Sachs Group set a $26.00 price target on shares of Super Micro Computer and gave the company a “sell” rating in a research note on Tuesday, January 13th. Rosenblatt Securities cut their price target on shares of Super Micro Computer from $60.00 to $55.00 and set a “buy” rating on the stock in a report on Wednesday, November 5th. Finally, KGI Securities upgraded Super Micro Computer from a “neutral” rating to an “outperform” rating and set a $60.00 price objective for the company in a report on Wednesday, November 5th. Eight investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $46.19.

Institutional Trading of Super Micro Computer

Several hedge funds have recently modified their holdings of SMCI. Anfield Capital Management LLC bought a new position in Super Micro Computer during the second quarter worth $25,000. Twin Peaks Wealth Advisors LLC bought a new stake in Super Micro Computer in the second quarter valued at $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. boosted its position in shares of Super Micro Computer by 68.6% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 661 shares of the company’s stock worth $31,000 after purchasing an additional 269 shares in the last quarter. Finally, Aventura Private Wealth LLC acquired a new stake in shares of Super Micro Computer in the 4th quarter valued at about $35,000. Institutional investors own 84.06% of the company’s stock.

Super Micro Computer Price Performance

The firm has a market capitalization of $18.75 billion, a P/E ratio of 25.13, a price-to-earnings-growth ratio of 0.68 and a beta of 1.54. The business has a 50-day moving average of $32.18 and a 200 day moving average of $42.91. The company has a current ratio of 5.39, a quick ratio of 2.95 and a debt-to-equity ratio of 0.72.

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

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.