Super Micro Computer (NASDAQ:SMCI) Trading Down 4% – Here’s Why

Super Micro Computer, Inc. (NASDAQ:SMCI) shares were down 4% during mid-day trading on Thursday . The company traded as low as $37.37 and last traded at $37.38. 26,206,848 shares traded hands during trading, a decline of 41% from the average session volume of 44,714,246 shares. The stock had previously closed at $38.93.

More Super Micro Computer News

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

• Positive Sentiment: Wall Street’s earnings outlook for SMCI has become more bullish over the past month, with analysts raising estimates as investor interest returns to the AI-server maker. The company’s latest report also showed a strong EPS beat and 93.2% year-over-year revenue growth, although revenue came in below consensus. Wall Street Is Getting Much More Bullish on Supermicro
• Positive Sentiment: Super Micro largely avoided the sharper declines affecting Hewlett Packard Enterprise and Dell as a two-day rally in AI-server stocks unwound. The lack of company-specific negative disclosure suggests the recent weakness is primarily sector- and sentiment-driven. AI Server Stocks Slide as Two-Day Run Unwinds
• Neutral Sentiment: Recent coverage highlights extreme volatility in SMCI. The YieldMax SMCI Option Income Strategy ETF (SMCY) is generating a very high distribution through synthetic covered-call strategies, but much of the payout is return of capital and its single-stock exposure carries elevated risk. This reflects investor demand for income from SMCI’s swings rather than a direct fundamental catalyst for the company. This Super Micro ETF Is Paying a Massive Yield but There Is a Big Catch
• Negative Sentiment: CEO Charles Liang and director Chiu-Chu Liang each sold 100,000 shares at $37.19 under pre-arranged Rule 10b5-1 plans. The planned nature of the transactions reduces their signaling impact, but the combined insider selling may still weigh on sentiment. Insider Selling: Super Micro Computer CEO Sells Stock
• Negative Sentiment: Investors remain concerned that recent margin gains could normalize, while competitive pressure, cash-flow needs and heavy short interest create downside risks despite strong AI demand. Super Micro Computer Presents at Citi’s 2026 Global TMT Conference

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on SMCI. Northland Securities set a $36.00 target price on shares of Super Micro Computer in a research report on Wednesday, July 22nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Super Micro Computer in a research report on Wednesday, June 24th. Rosenblatt Securities raised their price objective on Super Micro Computer from $45.00 to $51.00 and gave the company a “buy” rating in a research note on Wednesday, August 12th. Wolfe Research assumed coverage on Super Micro Computer in a research note on Thursday, June 11th. They issued a “peer perform” rating for the company. Finally, Bank of America restated an “underperform” rating on shares of Super Micro Computer in a research report on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $42.13.

Super Micro Computer Trading Down 4.0%

The stock has a market cap of $24.56 billion, a price-to-earnings ratio of 11.68, a P/E/G ratio of 0.76 and a beta of 2.00. The business has a 50-day simple moving average of $32.31 and a two-hundred day simple moving average of $31.42. The company has a debt-to-equity ratio of 0.65, a current ratio of 3.87 and a quick ratio of 2.07.

Super Micro Computer (NASDAQ:SMCI) last announced its quarterly earnings results on Tuesday, August 11th. The company reported $1.70 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.78. The business had revenue of $11.12 billion for the quarter, compared to analyst estimates of $11.60 billion. Super Micro Computer had a net margin of 5.71% and a return on equity of 27.83%. Super Micro Computer’s quarterly revenue was up 93.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.31 EPS. Super Micro Computer has set its Q1 2027 guidance at 1.010-1.100 EPS. Equities analysts forecast that Super Micro Computer, Inc. will post 4.04 EPS for the current fiscal year.

Insider Buying and Selling

In other Super Micro Computer news, Director Chiu-Chu Liang sold 100,000 shares of the stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $37.19, for a total transaction of $3,719,000.00. Following the completion of the transaction, the director directly owned 537,506 shares of the company’s stock, valued at approximately $19,989,848.14. This represents a 15.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Liang sold 100,000 shares of Super Micro Computer stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $37.19, for a total value of $3,719,000.00. Following the completion of the transaction, the chief executive officer owned 537,506 shares of the company’s stock, valued at approximately $19,989,848.14. This trade represents a 15.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 16.10% of the company’s stock.

Hedge Funds Weigh In On Super Micro Computer

Large investors have recently modified their holdings of the company. MCF Advisors LLC raised its stake in shares of Super Micro Computer by 22.8% during the second quarter. MCF Advisors LLC now owns 3,667 shares of the company’s stock valued at $108,000 after acquiring an additional 680 shares in the last quarter. National Pension Service grew its holdings in Super Micro Computer by 191.7% during the 2nd quarter. National Pension Service now owns 99,868 shares of the company’s stock worth $2,929,000 after acquiring an additional 65,632 shares in the last quarter. NewEdge Advisors LLC increased its position in Super Micro Computer by 183.5% during the 2nd quarter. NewEdge Advisors LLC now owns 158,321 shares of the company’s stock valued at $4,644,000 after purchasing an additional 102,474 shares during the period. Baird Financial Group Inc. purchased a new stake in shares of Super Micro Computer in the 2nd quarter worth approximately $292,000. Finally, Allworth Financial LP increased its holdings in shares of Super Micro Computer by 11.3% in the 2nd quarter. Allworth Financial LP now owns 37,880 shares of the company’s stock valued at $1,111,000 after acquiring an additional 3,858 shares during the period. 84.06% of the stock is owned by hedge funds and other institutional investors.

About Super Micro Computer

Super Micro Computer, Inc, doing business as Supermicro, develops and sells application-optimized server and storage systems. Its product portfolio includes servers, workstations, storage platforms, networking equipment, motherboards, chassis, power supplies and related software and support services.

The company also provides high-performance computing and data center infrastructure, including systems designed for artificial intelligence, machine learning, cloud computing, enterprise applications, telecommunications and edge computing.