Super Micro Computer (NASDAQ:SMCI) Stock Price Down 8.1% – What’s Next?

Super Micro Computer, Inc. (NASDAQ:SMCIGet Free Report)’s share price traded down 8.1% during trading on Monday . The company traded as low as $27.75 and last traded at $28.15. Approximately 89,976,127 shares changed hands during trading, an increase of 106% from the average session volume of 43,715,730 shares. The stock had previously closed at $30.63.

Analyst Upgrades and Downgrades

SMCI has been the topic of several research analyst reports. The Goldman Sachs Group reaffirmed a “sell” rating on shares of Super Micro Computer in a research note on Wednesday, May 6th. Northland Securities increased their target price on shares of Super Micro Computer from $22.00 to $34.00 in a report on Wednesday, May 6th. CJS Securities raised shares of Super Micro Computer from a “market underperform” rating to a “market perform” rating in a report on Wednesday, May 6th. Argus reiterated a “hold” rating on shares of Super Micro Computer in a research report on Friday, March 20th. Finally, Citigroup reissued a “neutral” rating and issued a $31.00 price objective (up from $25.00) on shares of Super Micro Computer in a research note on Wednesday, May 6th. Four equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $38.57.

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Super Micro Computer Price Performance

The company has a 50 day moving average price of $33.72 and a 200-day moving average price of $31.03. The company has a market cap of $16.93 billion, a price-to-earnings ratio of 14.89, a P/E/G ratio of 0.51 and a beta of 1.86. The company has a quick ratio of 1.29, a current ratio of 2.66 and a debt-to-equity ratio of 0.88.

Super Micro Computer (NASDAQ:SMCIGet Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate 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%. The company’s revenue was up 122.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.31 EPS. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. As a group, equities research analysts predict that Super Micro Computer, Inc. will post 2.13 EPS for the current fiscal year.

Institutional Investors Weigh In On Super Micro Computer

Several institutional investors and hedge funds have recently made changes to their positions in SMCI. Pacer Advisors Inc. raised its position in shares of Super Micro Computer by 1.7% during the first quarter. Pacer Advisors Inc. now owns 101,611 shares of the company’s stock worth $2,314,000 after acquiring an additional 1,719 shares during the last quarter. Militia Capital Management LLC bought a new stake in Super Micro Computer in the first quarter valued at approximately $488,000. NewEdge Advisors LLC increased its position in Super Micro Computer by 6.3% during the 1st quarter. NewEdge Advisors LLC now owns 55,847 shares of the company’s stock valued at $1,272,000 after purchasing an additional 3,308 shares during the period. Edgestream Partners L.P. acquired a new stake in Super Micro Computer during the 1st quarter valued at approximately $1,866,000. Finally, Janus Henderson Group PLC raised its holdings in Super Micro Computer by 7.7% during the 1st quarter. Janus Henderson Group PLC now owns 51,584 shares of the company’s stock worth $1,175,000 after purchasing an additional 3,683 shares during the last quarter. Institutional investors and hedge funds own 84.06% of the company’s stock.

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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