Stock Traders Purchase High Volume of Call Options on Super Micro Computer (NASDAQ:SMCI)

Super Micro Computer, Inc. (NASDAQ:SMCI) was the target of unusually large options trading activity on Wednesday. Stock traders bought 390,768 call options on the company. This is an increase of approximately 51% compared to the typical volume of 259,139 call options.

Key Super Micro Computer News

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

• Positive Sentiment: Blowout Q2 results — SMCI reported fiscal Q2 revenue of about $12.7B (up ~123% YoY) and non‑GAAP EPS $0.69, beating consensus on sales and EPS; markets reacted strongly to the surprise beat. BusinessWire: Q2 Results
• Positive Sentiment: Raised revenue guidance — management lifted FY2026 revenue guidance (to ~$40B) and issued Q3 revenue/EPS guidance above consensus, signaling continued AI/data‑center demand and supporting forward expectations. Reuters: Guidance Raise
• Positive Sentiment: Unusual bullish options flow — investors purchased ~390,768 SMCI call options (≈+51% vs. avg), indicating speculative/levered bullish positioning around the post‑earnings move.
• Positive Sentiment: Analyst support — several outlets and some brokerages reiterated buys or highlighted the beat and growth case post‑results, providing additional buy‑side validation. American Banking News: Rosenblatt Reiterates Buy
• Neutral Sentiment: Price target change — Needham lowered its price target from $51 to $40 but kept a “buy” rating, which tempers upside expectations even as the rating remains positive. The Fly: Needham PT Cut
• Neutral Sentiment: Extremely high volume — trading volume and post‑earnings moves are elevated, which can amplify volatility and create short‑term noise rather than reflect a durable trend.
• Negative Sentiment: Margin pressure — gross margin fell (to ~6.3% in the quarter) and management noted near‑term margin pressure; margin compression is the key risk to profitability despite revenue growth. Barron’s: Margins a Worry
• Negative Sentiment: Critical analysis/questions on sustainability — some analysts/commentators call the record beat a potential red flag and warn that the spike may be driven by concentrated, short‑cycle AI demand rather than sustainable margin expansion. Seeking Alpha: Critical Take

Super Micro Computer Price Performance

Super Micro Computer stock traded up $4.09 during mid-day trading on Wednesday, reaching $33.76. The company had a trading volume of 115,046,626 shares, compared to its average volume of 35,601,656. The stock’s 50-day simple moving average is $31.36 and its 200-day simple moving average is $41.39. The company has a market capitalization of $20.15 billion, a P/E ratio of 27.01, a P/E/G ratio of 0.61 and a beta of 1.53. The company has a debt-to-equity ratio of 0.72, a current ratio of 5.39 and a quick ratio of 2.95. Super Micro Computer has a 1 year low of $27.60 and a 1 year high of $66.44.

Super Micro Computer (NASDAQ:SMCI) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.20. Super Micro Computer had a return on equity of 12.70% and a net margin of 3.77%.The company had revenue of $12.68 billion for the quarter, compared to analysts’ expectations of $10.34 billion. During the same quarter in the prior year, the company earned $0.59 earnings per share. The firm’s revenue was up 123.4% on a year-over-year basis. Super Micro Computer has set its Q3 2026 guidance at 0.600- EPS. On average, equities analysts predict that Super Micro Computer will post 1.86 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently commented on SMCI. The Goldman Sachs Group set a $26.00 price objective on Super Micro Computer and gave the company a “sell” rating in a report on Tuesday, January 13th. JPMorgan Chase & Co. reduced their price objective on shares of Super Micro Computer from $43.00 to $40.00 and set a “neutral” rating for the company in a research report on Wednesday, November 5th. Sanford C. Bernstein cut their price target on shares of Super Micro Computer from $46.00 to $42.00 and set a “market perform” rating on the stock in a research note on Wednesday, November 5th. Barclays set a $38.00 price objective on shares of Super Micro Computer and gave the company an “equal weight” rating in a research note on Wednesday. Finally, Raymond James Financial cut their target price on Super Micro Computer from $53.00 to $50.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 5th. Eight research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $45.31.

Institutional Trading of Super Micro Computer

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in Super Micro Computer by 4.1% in the third quarter. Vanguard Group Inc. now owns 68,848,777 shares of the company’s stock valued at $3,300,610,000 after acquiring an additional 2,695,829 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Super Micro Computer by 2.7% during the 2nd quarter. Geode Capital Management LLC now owns 13,752,581 shares of the company’s stock worth $671,316,000 after buying an additional 364,411 shares during the period. Disciplined Growth Investors Inc. MN raised its stake in shares of Super Micro Computer by 16.5% during the second quarter. Disciplined Growth Investors Inc. MN now owns 9,730,773 shares of the company’s stock worth $476,905,000 after buying an additional 1,381,046 shares during the last quarter. Invesco Ltd. lifted its holdings in Super Micro Computer by 31.6% in the second quarter. Invesco Ltd. now owns 8,639,784 shares of the company’s stock valued at $423,436,000 after buying an additional 2,073,978 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in Super Micro Computer by 5.3% in the second quarter. Charles Schwab Investment Management Inc. now owns 3,971,739 shares of the company’s stock valued at $194,655,000 after acquiring an additional 200,109 shares during the last quarter. Institutional investors and hedge funds own 84.06% of the company’s stock.

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.