Super Micro Computer (NASDAQ:SMCI) Trading Down 1.1% – What’s Next?

Super Micro Computer, Inc. (NASDAQ:SMCIGet Free Report)’s share price was down 1.1% during trading on Thursday . The stock traded as low as $45.21 and last traded at $46.90. Approximately 32,513,992 shares changed hands during trading, a decline of 14% from the average daily volume of 37,922,633 shares. The stock had previously closed at $47.42.

More Super Micro Computer News

Here are the key news stories impacting Super Micro Computer this week:

Analyst Ratings Changes

Several equities analysts have recently commented on SMCI shares. The Goldman Sachs Group restated a “sell” rating on shares of Super Micro Computer in a report on Wednesday, May 6th. JPMorgan Chase & Co. boosted their price target on shares of Super Micro Computer from $28.00 to $32.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Wedbush lowered their price target on shares of Super Micro Computer from $42.00 to $34.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Citigroup restated a “neutral” rating and set a $31.00 price target (up from $25.00) on shares of Super Micro Computer in a report on Wednesday, May 6th. Finally, Mizuho upped their price objective on shares of Super Micro Computer from $36.00 to $44.00 and gave the stock a “neutral” rating in a report on Monday. Four research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $39.00.

View Our Latest Analysis on Super Micro Computer

Super Micro Computer Price Performance

The stock has a market capitalization of $28.21 billion, a P/E ratio of 24.81, a PEG ratio of 0.83 and a beta of 1.87. The stock’s fifty day moving average is $30.17 and its 200-day moving average is $31.00. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.66 and a quick ratio of 1.29.

Super Micro Computer (NASDAQ:SMCIGet Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.21. The firm had revenue of $10.24 billion during the quarter, compared to analysts’ expectations of $12.39 billion. Super Micro Computer had a net margin of 3.70% and a return on equity of 17.49%. Super Micro Computer’s revenue for the quarter was up 122.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.31 earnings per share. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. On average, equities analysts anticipate that Super Micro Computer, Inc. will post 2.12 earnings per share for the current year.

Institutional Investors Weigh In On Super Micro Computer

A number of large investors have recently bought and sold shares of the business. OVERSEA CHINESE BANKING Corp Ltd boosted its holdings in Super Micro Computer by 210.8% during the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 49,806 shares of the company’s stock valued at $1,498,000 after acquiring an additional 33,782 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Super Micro Computer by 54.7% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 107,789 shares of the company’s stock valued at $3,155,000 after acquiring an additional 38,098 shares during the period. Generali Asset Management SPA SGR boosted its holdings in Super Micro Computer by 235.2% during the fourth quarter. Generali Asset Management SPA SGR now owns 70,389 shares of the company’s stock valued at $2,060,000 after acquiring an additional 49,389 shares during the period. Peterson Wealth Management bought a new stake in Super Micro Computer during the third quarter valued at about $993,000. Finally, Strs Ohio boosted its holdings in Super Micro Computer by 41.9% during the fourth quarter. Strs Ohio now owns 237,299 shares of the company’s stock valued at $6,946,000 after acquiring an additional 70,021 shares during the period. 84.06% of the stock is currently owned by institutional investors.

Super Micro Computer Company Profile

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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.

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