Super Micro Computer (NASDAQ:SMCI) Stock Price Down 5.3% – Here’s What Happened

Super Micro Computer, Inc. (NASDAQ:SMCI)’s share price traded down 5.3% on Monday . The company traded as low as $30.57 and last traded at $30.71. 21,344,083 shares traded hands during mid-day trading, a decline of 37% from the average session volume of 34,098,863 shares. The stock had previously closed at $32.42.

Analysts Set New Price Targets

A number of research firms have recently commented on SMCI. Barclays set a $38.00 price target on shares of Super Micro Computer and gave the stock an “equal weight” rating in a report on Wednesday, February 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Super Micro Computer in a research report on Monday, December 29th. Citigroup lowered their price target on Super Micro Computer from $48.00 to $39.00 and set a “neutral” rating for the company in a report on Tuesday, January 20th. Zacks Research raised Super Micro Computer from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Finally, The Goldman Sachs Group lifted their target price on Super Micro Computer from $26.00 to $27.00 and gave the company a “sell” rating in a research report on Wednesday, February 4th. Five investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $43.43.

Super Micro Computer Trading Down 5.3%

The company has a debt-to-equity ratio of 0.67, a current ratio of 1.70 and a quick ratio of 1.01. The stock’s fifty day simple moving average is $30.84 and its 200-day simple moving average is $39.25. The firm has a market cap of $18.39 billion, a PE ratio of 22.92, a PEG ratio of 0.63 and a beta of 1.53.

Super Micro Computer (NASDAQ:SMCI) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.20. Super Micro Computer had a return on equity of 13.22% and a net margin of 3.11%.The company had revenue of $12.68 billion during the quarter, compared to analysts’ expectations of $10.34 billion. During the same quarter in the previous year, the firm posted $0.59 EPS. The firm’s revenue was up 123.4% compared to the same quarter last year. Super Micro Computer has set its Q3 2026 guidance at 0.600- EPS. On average, sell-side analysts forecast that Super Micro Computer, Inc. will post 1.86 earnings per share for the current year.

Institutional Trading of Super Micro Computer

A number of hedge funds have recently modified their holdings of SMCI. Anfield Capital Management LLC acquired a new position in Super Micro Computer in the second quarter valued at approximately $25,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Super Micro Computer during the 2nd quarter valued at about $25,000. Flagship Harbor Advisors LLC acquired a new position in Super Micro Computer in the 4th quarter worth about $25,000. Elyxium Wealth LLC purchased a new position in Super Micro Computer during the fourth quarter worth approximately $26,000. Finally, Arax Advisory Partners purchased a new stake in shares of Super Micro Computer in the fourth quarter valued at approximately $28,000. Hedge funds and other institutional investors own 84.06% of the company’s stock.

Super Micro Computer Company Profile

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.