Super Micro Computer (NASDAQ:SMCI) Given New $32.00 Price Target at Rosenblatt Securities

Super Micro Computer (NASDAQ:SMCIGet Free Report) had its price objective reduced by equities researchers at Rosenblatt Securities from $50.00 to $32.00 in a research note issued on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Rosenblatt Securities’ target price indicates a potential upside of 34.41% from the company’s current price.

SMCI has been the topic of a number of other reports. Mizuho set a $33.00 price target on shares of Super Micro Computer in a research note on Wednesday, February 4th. Bank of America dropped their target price on shares of Super Micro Computer from $34.00 to $24.00 and set an “underperform” rating for the company in a report on Tuesday. Citigroup decreased their price target on Super Micro Computer from $39.00 to $25.00 and set a “neutral” rating on the stock in a research note on Tuesday. Zacks Research upgraded Super Micro Computer from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Finally, CJS Securities reaffirmed a “market underperform” rating on shares of Super Micro Computer in a research note on Friday, March 20th. Four analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $37.07.

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Super Micro Computer Trading Up 7.1%

Shares of NASDAQ SMCI traded up $1.58 during mid-day trading on Wednesday, reaching $23.81. 32,162,522 shares of the company’s stock were exchanged, compared to its average volume of 36,717,828. The company’s 50-day moving average is $30.82 and its 200-day moving average is $37.17. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.01 and a current ratio of 1.70. The firm has a market capitalization of $14.26 billion, a price-to-earnings ratio of 17.77, a PEG ratio of 0.42 and a beta of 1.52. Super Micro Computer has a 52-week low of $19.48 and a 52-week high of $62.36.

Super Micro Computer (NASDAQ:SMCIGet Free Report) last issued its quarterly earnings data 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 net margin of 3.11% and a return on equity of 13.22%. The firm had revenue of $12.68 billion for the quarter, compared to analyst estimates of $10.34 billion. During the same period in the previous year, the firm earned $0.59 EPS. Super Micro Computer’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. Analysts expect that Super Micro Computer will post 1.86 EPS for the current fiscal year.

Hedge Funds Weigh In On Super Micro Computer

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SMCI. World Investment Advisors boosted its stake in shares of Super Micro Computer by 217.2% in the 4th quarter. World Investment Advisors now owns 22,699 shares of the company’s stock valued at $664,000 after buying an additional 15,543 shares during the period. Hsbc Holdings PLC increased its stake in shares of Super Micro Computer by 13.7% during the fourth quarter. Hsbc Holdings PLC now owns 1,134,891 shares of the company’s stock worth $33,203,000 after buying an additional 137,180 shares during the period. SHP Wealth Management acquired a new stake in Super Micro Computer in the fourth quarter valued at approximately $29,000. Caitong International Asset Management Co. Ltd raised its holdings in Super Micro Computer by 55,558.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 33,395 shares of the company’s stock valued at $977,000 after acquiring an additional 33,335 shares in the last quarter. Finally, Sankala Group LLC purchased a new position in Super Micro Computer in the fourth quarter worth approximately $136,000. Hedge funds and other institutional investors own 84.06% of the company’s stock.

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About Super Micro Computer

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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.

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