Super Micro Computer (NASDAQ:SMCI) Trading Down 3.7% – Here’s What Happened

Super Micro Computer, Inc. (NASDAQ:SMCI)’s stock price fell 3.7% during mid-day trading on Wednesday . The company traded as low as $30.33 and last traded at $30.35. 24,139,816 shares were traded during trading, a decline of 22% from the average session volume of 30,920,131 shares. The stock had previously closed at $31.51.

Wall Street Analysts Forecast Growth

SMCI has been the subject of a number of research analyst reports. Citigroup cut their price target on shares of Super Micro Computer from $48.00 to $39.00 and set a “neutral” rating for the company in a report on Tuesday, January 20th. The Goldman Sachs Group lifted their price objective on shares of Super Micro Computer from $26.00 to $27.00 and gave the stock a “sell” rating in a research note on Wednesday, February 4th. Rosenblatt Securities reiterated a “buy” rating and issued a $55.00 target price on shares of Super Micro Computer in a report on Monday, February 2nd. Barclays set a $38.00 target price on shares of Super Micro Computer and gave the company an “equal weight” rating in a research note on Wednesday, February 4th. Finally, Needham & Company LLC decreased their price target on shares of Super Micro Computer from $51.00 to $40.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Five investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $43.43.

Super Micro Computer Price Performance

The company has a market cap of $18.18 billion, a PE ratio of 22.65, a price-to-earnings-growth ratio of 0.63 and a beta of 1.52. The stock has a fifty day moving average price of $31.29 and a 200-day moving average price of $37.72. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.70 and a quick ratio of 1.01.

Super Micro Computer (NASDAQ:SMCI) last issued its earnings results on Tuesday, February 3rd. The company reported $0.69 EPS for the quarter, topping the consensus estimate 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 business had revenue of $12.68 billion during the quarter, compared to analysts’ expectations of $10.34 billion. During the same quarter last year, the firm posted $0.59 earnings per share. Super Micro Computer’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, equities analysts expect that Super Micro Computer, Inc. will post 1.86 earnings per share for the current year.

Hedge Funds Weigh In On Super Micro Computer

Several institutional investors and hedge funds have recently bought and sold shares of SMCI. Tokio Marine Asset Management Co. Ltd. boosted its holdings in shares of Super Micro Computer by 1.4% during the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 19,374 shares of the company’s stock worth $929,000 after purchasing an additional 266 shares during the period. Hazlett Burt & Watson Inc. increased its stake in Super Micro Computer by 68.6% in the 3rd 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. Fairscale Capital LLC increased its stake in Super Micro Computer by 12.5% in the 3rd quarter. Fairscale Capital LLC now owns 2,693 shares of the company’s stock valued at $129,000 after buying an additional 300 shares during the period. MassMutual Private Wealth & Trust FSB lifted its position in Super Micro Computer by 14.2% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 2,459 shares of the company’s stock worth $118,000 after buying an additional 305 shares in the last quarter. Finally, WealthPlan Investment Management LLC lifted its position in Super Micro Computer by 4.6% in the 3rd quarter. WealthPlan Investment Management LLC now owns 6,891 shares of the company’s stock worth $330,000 after buying an additional 305 shares in the last quarter. 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.