Super Micro Computer (NASDAQ:SMCI) Stock Price Down 4.9% – Time to Sell?

Super Micro Computer, Inc. (NASDAQ:SMCI)’s share price traded down 4.9% on Wednesday . The company traded as low as $27.71 and last traded at $27.78. 52,799,912 shares traded hands during trading, an increase of 25% from the average session volume of 42,165,258 shares. The stock had previously closed at $29.22.

Analysts Set New Price Targets

Several research analysts recently commented on SMCI shares. Needham & Company LLC reiterated a “buy” rating and issued a $40.00 target price on shares of Super Micro Computer in a report on Wednesday, May 6th. Raymond James Financial dropped their target price on shares of Super Micro Computer from $45.00 to $39.00 in a report on Friday, June 12th. Wedbush dropped their target price on shares of Super Micro Computer from $42.00 to $34.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Northland Securities lifted their target price on shares of Super Micro Computer from $22.00 to $34.00 in a report on Wednesday, May 6th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Super Micro Computer from $28.00 to $32.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. Four investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $38.57.

Super Micro Computer Stock Down 4.9%

The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.29 and a current ratio of 2.66. The company has a market capitalization of $16.71 billion, a price-to-earnings ratio of 14.70, a price-to-earnings-growth ratio of 0.51 and a beta of 1.87. The firm’s 50-day simple moving average is $32.61 and its 200-day simple moving average is $31.17.

Super Micro Computer (NASDAQ:SMCI) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.21. The company had revenue of $10.24 billion for the quarter, compared to analyst estimates of $12.39 billion. Super Micro Computer had a net margin of 3.70% and a return on equity of 17.49%. The business’s quarterly revenue was up 122.7% on a year-over-year basis. During the same period last year, the business posted $0.31 EPS. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. Sell-side analysts forecast that Super Micro Computer, Inc. will post 2.11 earnings per share for the current year.

Institutional Trading of Super Micro Computer

Hedge funds and other institutional investors have recently bought and sold shares of the stock. OVERSEA CHINESE BANKING Corp Ltd grew its position in Super Micro Computer by 210.8% in the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 49,806 shares of the company’s stock worth $1,498,000 after purchasing an additional 33,782 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Super Micro Computer by 54.7% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 107,789 shares of the company’s stock valued at $3,155,000 after acquiring an additional 38,098 shares in the last quarter. Generali Asset Management SPA SGR boosted its position in shares of Super Micro Computer by 235.2% during the 4th quarter. Generali Asset Management SPA SGR now owns 70,389 shares of the company’s stock valued at $2,060,000 after acquiring an additional 49,389 shares in the last quarter. Peterson Wealth Management acquired a new stake in shares of Super Micro Computer during the 3rd quarter valued at about $993,000. Finally, Strs Ohio boosted its position in shares of Super Micro Computer by 41.9% during the 4th quarter. Strs Ohio now owns 237,299 shares of the company’s stock valued at $6,946,000 after acquiring an additional 70,021 shares in the last quarter. 84.06% of the stock is currently owned by institutional investors and hedge funds.

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.