Super Micro Computer (NASDAQ:SMCI) Trading Down 2.2% – What’s Next?

Super Micro Computer, Inc. (NASDAQ:SMCIGet Free Report)’s stock price was down 2.2% during mid-day trading on Tuesday . The company traded as low as $31.24 and last traded at $32.79. Approximately 34,971,635 shares were traded during trading, a decline of 6% from the average daily volume of 37,139,207 shares. The stock had previously closed at $33.52.

Key Stories Impacting Super Micro Computer

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

  • Positive Sentiment: Super Micro announced the appointment of Matthew Thauberger as Chief Revenue Officer, a move that could help strengthen global sales execution across direct, channel, hyperscale, and strategic AI/infrastructure accounts. Supermicro Appoints Matthew Thauberger as Chief Revenue Officer
  • Positive Sentiment: Recent analyst updates have leaned constructive, with Northland Securities raising multiple earnings estimates for Super Micro and other coverage pointing to a positive outlook tied to AI-server demand and growth in data center infrastructure. MarketBeat SMCI estimates coverage
  • Positive Sentiment: Market commentary also says the shares are benefiting from post-earnings optimism and short-covering, as investors react to continued AI-server demand and upbeat guidance. QuiverQuant SMCI move explanation

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on SMCI shares. Raymond James Financial reiterated an “outperform” rating and issued a $45.00 price target on shares of Super Micro Computer in a research note on Wednesday, May 6th. Barclays dropped their price objective on Super Micro Computer from $38.00 to $34.00 and set an “equal weight” rating for the company in a report on Wednesday, May 6th. Citigroup reiterated a “neutral” rating and set a $31.00 target price (up from $25.00) on shares of Super Micro Computer in a research report on Wednesday, May 6th. Wall Street Zen raised Super Micro Computer from a “sell” rating to a “hold” rating in a report on Sunday, February 15th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Super Micro Computer in a research note on Friday, March 27th. Four equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $38.43.

Get Our Latest Research Report on Super Micro Computer

Super Micro Computer Stock Performance

The firm has a market cap of $19.86 billion, a price-to-earnings ratio of 17.48, a P/E/G ratio of 0.53 and a beta of 1.69. The stock has a 50 day moving average of $27.82 and a 200 day moving average of $31.66. 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 posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.21. The business had revenue of $10.24 billion during the quarter, compared to the consensus estimate of $12.39 billion. Super Micro Computer had a return on equity of 17.49% and a net margin of 3.70%.Super Micro Computer’s revenue for the quarter was up 122.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.31 earnings per share. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. As a group, analysts anticipate that Super Micro Computer, Inc. will post 2.12 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of SMCI. Advisors Asset Management Inc. bought a new position in Super Micro Computer in the first quarter valued at about $39,000. EverSource Wealth Advisors LLC grew its position in Super Micro Computer by 42.4% in the second quarter. EverSource Wealth Advisors LLC now owns 3,479 shares of the company’s stock valued at $171,000 after acquiring an additional 1,036 shares during the last quarter. Baird Financial Group Inc. grew its position in Super Micro Computer by 54.9% in the second quarter. Baird Financial Group Inc. now owns 18,955 shares of the company’s stock valued at $929,000 after acquiring an additional 6,718 shares during the last quarter. Flow Traders U.S. LLC bought a new position in Super Micro Computer in the second quarter valued at about $277,000. Finally, Daiwa Securities Group Inc. grew its position in Super Micro Computer by 3.4% in the second quarter. Daiwa Securities Group Inc. now owns 85,647 shares of the company’s stock valued at $4,198,000 after acquiring an additional 2,799 shares during the last quarter. Institutional investors own 84.06% of the company’s stock.

About Super Micro Computer

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Super Micro Computer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Super Micro Computer and related companies with MarketBeat.com's FREE daily email newsletter.