Super Micro Computer (NASDAQ:SMCI) Shares Down 3% – Here’s What Happened

Super Micro Computer, Inc. (NASDAQ:SMCI) shares traded down 3% on Monday . The stock traded as low as $31.24 and last traded at $31.37. 18,307,584 shares were traded during mid-day trading, a decline of 60% from the average session volume of 46,185,773 shares. The stock had previously closed at $32.33.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on SMCI. Northland Securities set a $63.00 price objective on Super Micro Computer in a research note on Wednesday, November 5th. Wall Street Zen downgraded shares of Super Micro Computer from a “hold” rating to a “sell” rating in a research report on Saturday, November 15th. Sanford C. Bernstein lowered their price objective on shares of Super Micro Computer from $46.00 to $42.00 and set a “market perform” rating on the stock in a report on Wednesday, November 5th. Mizuho reduced their price objective on shares of Super Micro Computer from $50.00 to $45.00 and set a “neutral” rating for the company in a report on Wednesday, November 5th. Finally, KGI Securities upgraded shares of Super Micro Computer from a “neutral” rating to an “outperform” rating and set a $60.00 target price on the stock in a report on Wednesday, November 5th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $48.38.

Super Micro Computer Trading Down 3.0%

The firm’s 50 day moving average is $42.92 and its 200 day moving average is $45.44. The company has a debt-to-equity ratio of 0.72, a current ratio of 5.39 and a quick ratio of 2.95. The company has a market cap of $18.73 billion, a PE ratio of 25.10, a PEG ratio of 0.66 and a beta of 1.53.

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

Institutional Investors Weigh In On Super Micro Computer

Several hedge funds have recently added to or reduced their stakes in SMCI. Anfield Capital Management LLC purchased a new stake in shares of Super Micro Computer during the second quarter valued at $25,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of Super Micro Computer during the 2nd quarter valued at $25,000. Armstrong Advisory Group Inc. purchased a new position in Super Micro Computer in the third quarter worth about $29,000. Hazlett Burt & Watson Inc. grew its position in Super Micro Computer by 68.6% during the third quarter. Hazlett Burt & Watson Inc. now owns 661 shares of the company’s stock valued at $31,000 after buying an additional 269 shares during the period. Finally, TD Private Client Wealth LLC grew its position in Super Micro Computer by 46.0% during the second quarter. TD Private Client Wealth LLC now owns 800 shares of the company’s stock valued at $39,000 after buying an additional 252 shares during the period. 84.06% of the stock is owned by institutional investors.

About Super Micro Computer

Super Micro Computer, Inc, together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.