Super Micro Computer (NASDAQ:SMCI) Trading Down 1.4% – Should You Sell?

Super Micro Computer, Inc. (NASDAQ:SMCI)’s stock price fell 1.4% on Tuesday . The company traded as low as $29.64 and last traded at $29.65. 21,202,640 shares traded hands during mid-day trading, a decline of 53% from the average session volume of 45,176,504 shares. The stock had previously closed at $30.08.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on SMCI. Barclays cut their price target on Super Micro Computer from $45.00 to $43.00 and set an “equal weight” rating for the company in a research note on Wednesday, November 5th. KGI Securities upgraded shares of Super Micro Computer from a “neutral” rating to an “outperform” rating and set a $60.00 target price for the company in a research report on Wednesday, November 5th. Mizuho lowered their price target on shares of Super Micro Computer from $50.00 to $45.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 5th. Wall Street Zen cut shares of Super Micro Computer from a “hold” rating to a “sell” rating in a research note on Saturday, November 15th. Finally, Sanford C. Bernstein reduced their price objective on shares of Super Micro Computer from $46.00 to $42.00 and set a “market perform” rating for the company in a research note on Wednesday, November 5th. Eight analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Super Micro Computer currently has an average rating of “Hold” and an average target price of $48.38.

Super Micro Computer Trading Down 1.4%

The stock has a 50 day moving average of $37.61 and a 200 day moving average of $44.54. 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 firm has a market cap of $17.70 billion, a P/E ratio of 23.72, a PEG ratio of 0.63 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 (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 return on equity of 12.70% and a net margin of 3.77%.Super Micro Computer’s revenue for the quarter was down 15.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.73 earnings per share. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. As a group, equities research analysts predict that Super Micro Computer, Inc. will post 1.86 EPS for the current year.

Institutional Investors Weigh In On Super Micro Computer

A number of hedge funds have recently made changes to their positions in SMCI. Anfield Capital Management LLC bought a new position in shares of Super Micro Computer during the 2nd quarter valued at $25,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of Super Micro Computer during the second quarter valued at about $25,000. Armstrong Advisory Group Inc. bought a new position in shares of Super Micro Computer during the third quarter valued at about $29,000. Hazlett Burt & Watson Inc. increased its holdings in shares of Super Micro Computer by 68.6% in the third quarter. Hazlett Burt & Watson Inc. now owns 661 shares of the company’s stock worth $31,000 after buying an additional 269 shares during the period. Finally, Beaird Harris Wealth Management LLC bought a new stake in shares of Super Micro Computer in the 1st quarter valued at about $34,000. 84.06% of the stock is currently owned by institutional investors.

About Super Micro Computer

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.