Super Micro Computer (NASDAQ:SMCI) Shares Down 1.6% – Here’s What Happened

Super Micro Computer, Inc. (NASDAQ:SMCI) traded down 1.6% on Thursday . The stock traded as low as $29.10 and last traded at $29.37. 25,145,441 shares were traded during mid-day trading, a decline of 45% from the average session volume of 45,906,000 shares. The stock had previously closed at $29.84.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on SMCI shares. Northland Securities set a $63.00 price objective on Super Micro Computer in a report on Wednesday, November 5th. Raymond James Financial dropped their price target on Super Micro Computer from $53.00 to $50.00 and set an “outperform” rating for the company in a research report on Wednesday, November 5th. Wall Street Zen lowered shares of Super Micro Computer from a “hold” rating to a “sell” rating in a research report on Saturday, November 15th. Wedbush lowered their price objective on shares of Super Micro Computer from $48.00 to $42.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 5th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Super Micro Computer in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $48.38.

Super Micro Computer Trading Down 1.6%

The business has a 50-day moving average of $41.41 and a 200 day moving average of $45.20. The stock has a market cap of $17.53 billion, a PE ratio of 23.50, a PEG ratio of 0.64 and a beta of 1.52. The company has a debt-to-equity ratio of 0.72, a quick ratio of 2.95 and a current ratio of 5.39.

Super Micro Computer (NASDAQ:SMCI) last released its earnings results on Tuesday, November 4th. The company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.11). The firm had revenue of $5.02 billion during 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%. Super Micro Computer’s revenue for the quarter was down 15.5% on a year-over-year basis. During the same quarter last year, the company posted $0.73 earnings per share. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. Equities research analysts predict that Super Micro Computer, Inc. will post 1.86 EPS for the current fiscal year.

Institutional Trading of Super Micro Computer

Hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of Super Micro Computer by 2.7% during the second quarter. Vanguard Group Inc. now owns 66,152,948 shares of the company’s stock worth $3,242,156,000 after purchasing an additional 1,745,179 shares during the last quarter. Park Avenue Securities LLC acquired a new stake in Super Micro Computer during the second quarter valued at approximately $310,000. Norges Bank bought a new position in Super Micro Computer during the 2nd quarter worth approximately $150,395,000. Bank Hapoalim BM acquired a new position in shares of Super Micro Computer in the 2nd quarter worth approximately $748,000. Finally, Fiduciary Planning LLC bought a new stake in shares of Super Micro Computer during the 2nd quarter valued at about $255,000. 84.06% of the stock is owned by hedge funds and other 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.