Super Micro Computer (NASDAQ:SMCI) Shares Cross Below 200-Day Moving Average – Here’s What Happened

Posted by Brian Himes on Nov 5th, 2026

Super Micro Computer, Inc. (NASDAQ:SMCI – Get Free Report)’s share price passed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $32.69 and traded as low as $30.27. Super Micro Computer shares last traded at $30.44, with a volume of 40,708,231 shares trading hands.

Key Stories Impacting Super Micro Computer

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

Positive Sentiment: Fiscal Q1 revenue reached $19.95 billion, up nearly 298% year over year, while adjusted EPS of $1.81 topped analyst expectations. The company also issued stronger guidance, lifting its fiscal 2027 revenue outlook to $72 billion–$82 billion, driven by robust AI-server demand. SMCI Q1 earnings beat and outlook raised
Positive Sentiment: Some analysts raised their price targets following the report: Raymond James lifted its target to $65, and Rosenblatt reiterated a Buy rating with a $57 target. Raymond James price-target increase
Neutral Sentiment: Bank of America raised its target modestly, from $38 to $39, but kept an Underperform rating—highlighting that strong sales growth has not resolved concerns about profitability. Bank of America target and margin concerns
Negative Sentiment: Margins remain a central worry: gross margin was 12.7%, down from 17.5% in the prior quarter. Investors are also weighing reports of cash use as inventory and receivables expanded, despite the sales surge. Sales growth, margin and cash-flow concerns
Negative Sentiment: Customer concentration adds risk: one customer reportedly accounted for 44% of quarterly revenue. Separately, election-related fears of limits on data-center construction weighed on AI server stocks. Customer concentration report Data-center construction concerns

Analyst Ratings Changes

A number of research analysts have recently commented on SMCI shares. Oppenheimer raised shares of Super Micro Computer to an “outperform” rating in a report on Wednesday. Northland Securities set a $36.00 price target on shares of Super Micro Computer in a report on Wednesday, July 22nd. The Goldman Sachs Group reaffirmed a “sell” rating and set a $34.00 price target (up from $30.00) on shares of Super Micro Computer in a report on Wednesday, August 12th. Zacks Research cut shares of Super Micro Computer from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 12th. Finally, Stifel Nicolaus set a $42.00 price objective on shares of Super Micro Computer in a research note on Wednesday, August 12th. Five investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Super Micro Computer has a consensus rating of “Hold” and an average target price of $45.60.

Check Out Our Latest Report on Super Micro Computer

Super Micro Computer Trading Down 5.7%

The business has a fifty day simple moving average of $37.84 and a 200-day simple moving average of $32.70. The company has a debt-to-equity ratio of 0.65, a quick ratio of 2.07 and a current ratio of 3.87. The firm has a market cap of $19.45 billion, a price-to-earnings ratio of 6.31, a PEG ratio of 0.49 and a beta of 2.17.

Super Micro Computer (NASDAQ:SMCI – Get Free Report) last posted its earnings results on Tuesday, November 3rd. The company reported $1.81 EPS for the quarter, beating the consensus estimate of $1.23 by $0.58. The firm had revenue of $19.95 billion during the quarter, compared to the consensus estimate of $17.53 billion. Super Micro Computer had a return on equity of 43.17% and a net margin of 6.77%. The business’s quarterly revenue was up 297.5% on a year-over-year basis. During the same period last year, the company earned $0.35 earnings per share. As a group, equities analysts forecast that Super Micro Computer, Inc. will post 4.17 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Super Micro Computer news, CEO Charles Liang sold 100,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 7th. The shares were sold at an average price of $45.02, for a total value of $4,502,000.00. Following the completion of the transaction, the chief executive officer directly owned 337,506 shares in the company, valued at approximately $15,194,520.12. This represents a 22.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Chiu-Chu Liang sold 100,000 shares of the firm’s stock in a transaction on Wednesday, October 7th. The shares were sold at an average price of $45.02, for a total transaction of $4,502,000.00. Following the transaction, the director directly owned 337,506 shares of the company’s stock, valued at $15,194,520.12. The trade was a 22.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 400,000 shares of company stock worth $16,442,000 over the last three months. Insiders own 16.10% of the company’s stock.

Institutional Investors Weigh In On Super Micro Computer

A number of institutional investors have recently made changes to their positions in SMCI. SLT Holdings LLC boosted its holdings in Super Micro Computer by 3.0% in the third quarter. SLT Holdings LLC now owns 10,400 shares of the company’s stock valued at $427,000 after acquiring an additional 300 shares during the last quarter. World Equity Group Inc. raised its holdings in Super Micro Computer by 3.8% during the 1st quarter. World Equity Group Inc. now owns 9,877 shares of the company’s stock worth $225,000 after purchasing an additional 362 shares during the last quarter. Quest 10 Wealth Builders Inc. raised its holdings in Super Micro Computer by 235.2% during the 3rd quarter. Quest 10 Wealth Builders Inc. now owns 600 shares of the company’s stock worth $25,000 after purchasing an additional 421 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in Super Micro Computer by 0.5% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 117,205 shares of the company’s stock worth $2,669,000 after purchasing an additional 564 shares during the last quarter. Finally, MCF Advisors LLC lifted its position in shares of Super Micro Computer by 22.8% in the 2nd quarter. MCF Advisors LLC now owns 3,667 shares of the company’s stock worth $108,000 after purchasing an additional 680 shares during the period. Institutional investors own 84.06% of the company’s stock.

Super Micro Computer Company Profile

(Get Free Report)

Super Micro Computer, Inc develops and sells high-performance server and storage systems for data centers, cloud computing, enterprise IT, telecommunications, and other demanding computing environments. The company offers application-optimized servers, workstations, blade and rack systems, storage solutions, networking products, and related infrastructure.

Supermicro also provides systems designed for artificial intelligence, machine learning, accelerated computing, and other workloads that use graphics processing units and specialized processors.