Super Micro Computer (NASDAQ:SMCI) Stock Price Down 1.4% – Should You Sell?

Super Micro Computer, Inc. (NASDAQ:SMCI) shares were down 1.4% on Tuesday . The stock traded as low as $29.58 and last traded at $30.11. Approximately 20,271,857 shares traded hands during mid-day trading, a decline of 42% from the average daily volume of 35,058,137 shares. The stock had previously closed at $30.54.

Analyst Ratings Changes

A number of brokerages have recently issued reports on SMCI. JPMorgan Chase & Co. cut their price objective on shares of Super Micro Computer from $43.00 to $40.00 and set a “neutral” rating for the company in a research report on Wednesday, November 5th. Mizuho set a $33.00 price target on Super Micro Computer in a report on Wednesday, February 4th. Rosenblatt Securities restated a “buy” rating and issued a $55.00 price target on shares of Super Micro Computer in a research report on Monday, February 2nd. Wedbush lowered their price objective on Super Micro Computer from $48.00 to $42.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 5th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Super Micro Computer in a research note on Monday, December 29th. Six research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Super Micro Computer currently has an average rating of “Hold” and an average target price of $43.43.

Super Micro Computer Trading Down 1.4%

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 company has a market capitalization of $18.04 billion, a PE ratio of 23.14, a PEG ratio of 0.59 and a beta of 1.53. The stock has a fifty day moving average of $31.07 and a 200 day moving average of $39.92.

Super Micro Computer (NASDAQ:SMCI) last released 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 analysts’ expectations of $10.34 billion. During the same quarter last year, the business posted $0.59 earnings per share. The company’s revenue for the quarter was up 123.4% compared to the same quarter last year. Super Micro Computer has set its Q3 2026 guidance at 0.600- EPS. As a group, sell-side analysts predict that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Super Micro Computer

A number of hedge funds have recently made changes to their positions in SMCI. Norges Bank purchased a new position in Super Micro Computer during the 4th quarter valued at approximately $136,569,000. Clear Street LLC purchased a new position in shares of Super Micro Computer in the second quarter valued at $158,724,000. Clear Street Group Inc. bought a new stake in Super Micro Computer in the third quarter worth $147,631,000. Marshall Wace LLP increased its position in Super Micro Computer by 596.4% in the second quarter. Marshall Wace LLP now owns 3,437,714 shares of the company’s stock worth $168,482,000 after purchasing an additional 2,944,049 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in Super Micro Computer by 4.1% during the third quarter. Vanguard Group Inc. now owns 68,848,777 shares of the company’s stock valued at $3,300,610,000 after purchasing an additional 2,695,829 shares in the last quarter. 84.06% of the stock is currently owned by hedge funds and other institutional investors.

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.