Super Micro Computer (NASDAQ:SMCI) Trading Down 1.7% – What’s Next?

Shares of Super Micro Computer, Inc. (NASDAQ:SMCI) traded down 1.7% during mid-day trading on Monday . The company traded as low as $30.55 and last traded at $31.83. 28,629,531 shares were traded during trading, a decline of 14% from the average session volume of 33,206,289 shares. The stock had previously closed at $32.39.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on SMCI. Barclays set a $38.00 price objective on Super Micro Computer and gave the stock an “equal weight” rating in a research report on Wednesday, February 4th. Northland Securities set a $63.00 target price on Super Micro Computer in a research note on Wednesday, November 5th. Wall Street Zen raised shares of Super Micro Computer from a “sell” rating to a “hold” rating in a research note on Sunday, February 15th. KGI Securities raised shares of Super Micro Computer from a “neutral” rating to an “outperform” rating and set a $60.00 price objective on the stock in a research report on Wednesday, November 5th. Finally, Citigroup reduced their target price on shares of Super Micro Computer from $48.00 to $39.00 and set a “neutral” rating for the company in a report on Tuesday, January 20th. Five analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $43.43.

Super Micro Computer Stock Up 6.4%

The company has a current ratio of 1.70, a quick ratio of 1.01 and a debt-to-equity ratio of 0.67. The firm’s 50 day moving average price is $30.98 and its two-hundred day moving average price is $38.57. The company has a market capitalization of $19.56 billion, a price-to-earnings ratio of 24.37, a price-to-earnings-growth ratio of 0.63 and a beta of 1.52.

Super Micro Computer (NASDAQ:SMCI) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.20. The business had revenue of $12.68 billion during the quarter, compared to analysts’ expectations of $10.34 billion. Super Micro Computer had a return on equity of 13.22% and a net margin of 3.11%.Super Micro Computer’s quarterly revenue was up 123.4% on a year-over-year basis. During the same quarter last year, the company posted $0.59 earnings per share. Super Micro Computer has set its Q3 2026 guidance at 0.600- EPS. Sell-side analysts anticipate that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Super Micro Computer

Several large investors have recently modified their holdings of SMCI. Norges Bank acquired a new stake in Super Micro Computer during the fourth quarter worth approximately $136,569,000. Clear Street LLC bought a new position in shares of Super Micro Computer during the second quarter worth approximately $158,724,000. Clear Street Group Inc. bought a new position in shares of Super Micro Computer during the third quarter worth approximately $147,631,000. Marshall Wace LLP lifted its holdings in Super Micro Computer by 596.4% during the 2nd 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. boosted its stake in Super Micro Computer by 4.1% in the 3rd 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 during the period. 84.06% of the stock is owned by institutional investors.

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.