Super Micro Computer (NASDAQ:SMCI) Trading Down 1.6% – Here’s What Happened

Shares of Super Micro Computer, Inc. (NASDAQ:SMCI) were down 1.6% on Thursday . The stock traded as low as $26.70 and last traded at $27.22. 42,247,104 shares were traded during trading, a decline of 4% from the average session volume of 43,967,172 shares. The stock had previously closed at $27.65.

More Super Micro Computer News

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

• Neutral Sentiment: Super Micro said two Taiwan employees were detained and two others were released on bail after prosecutors questioned workers in an investigation into alleged illegal AI server exports containing Nvidia chips. Reuters article
• Negative Sentiment: Investors remain unconvinced by Super Micro’s reassurance letter, with markets focused on the Taiwan probe and the possibility of broader fallout from the alleged Nvidia chip smuggling case. Barron’s article
• Negative Sentiment: Reports that Taiwanese prosecutors detained company employees after raids on local offices helped explain the recent selloff in SMCI shares. Yahoo Finance article
• Neutral Sentiment: Additional coverage highlighted SMCI as a volatile AI infrastructure stock, but did not add a new company-specific catalyst beyond the Taiwan investigation and broader AI trade rotation. 247WallSt article

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Mizuho lifted their target price on Super Micro Computer from $36.00 to $44.00 and gave the company a “neutral” rating in a research report on Monday, June 1st. Rosenblatt Securities upped their price target on Super Micro Computer from $32.00 to $40.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Northland Securities raised their price target on shares of Super Micro Computer from $22.00 to $34.00 in a research note on Wednesday, May 6th. The Goldman Sachs Group reiterated a “sell” rating on shares of Super Micro Computer in a report on Wednesday, May 6th. Finally, Raymond James Financial cut their price objective on shares of Super Micro Computer from $45.00 to $39.00 in a research report on Friday, June 12th. Four investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $38.57.

Super Micro Computer Stock Down 1.6%

The firm has a fifty day moving average of $33.71 and a 200-day moving average of $30.90. The company has a quick ratio of 1.29, a current ratio of 2.66 and a debt-to-equity ratio of 0.88. The firm has a market cap of $16.37 billion, a P/E ratio of 14.40, a price-to-earnings-growth ratio of 0.48 and a beta of 1.95.

Super Micro Computer (NASDAQ:SMCI) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.21. Super Micro Computer had a return on equity of 17.49% and a net margin of 3.70%.The firm had revenue of $10.24 billion during the quarter, compared to the consensus estimate of $12.39 billion. During the same period last year, the company earned $0.31 earnings per share. The business’s revenue was up 122.7% compared to the same quarter last year. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. On average, equities research analysts anticipate that Super Micro Computer, Inc. will post 2.13 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Flagship Harbor Advisors LLC bought a new stake in shares of Super Micro Computer in the 4th quarter valued at about $25,000. Elyxium Wealth LLC bought a new position in Super Micro Computer during the fourth quarter worth about $26,000. Arax Advisory Partners bought a new position in Super Micro Computer during the fourth quarter worth about $28,000. SHP Wealth Management acquired a new position in Super Micro Computer during the fourth quarter worth approximately $29,000. Finally, Concord Wealth Partners raised its stake in Super Micro Computer by 2,564.1% in the fourth quarter. Concord Wealth Partners now owns 1,039 shares of the company’s stock valued at $30,000 after buying an additional 1,000 shares during the period. 84.06% of the stock is currently owned by institutional investors and hedge funds.

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.