Super Micro Computer (NASDAQ:SMCI) Trading Down 2.9% – What’s Next?

Super Micro Computer, Inc. (NASDAQ:SMCI)’s stock price was down 2.9% during trading on Friday . The stock traded as low as $31.12 and last traded at $31.31. Approximately 20,952,030 shares traded hands during mid-day trading, a decline of 36% from the average daily volume of 32,526,695 shares. The stock had previously closed at $32.24.

Analysts Set New Price Targets

SMCI has been the topic of several analyst reports. Zacks Research upgraded shares of Super Micro Computer from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Barclays set a $38.00 target price on Super Micro Computer and gave the stock an “equal weight” rating in a research note on Wednesday, February 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Super Micro Computer in a research note on Monday, December 29th. Mizuho set a $33.00 price target on Super Micro Computer in a report on Wednesday, February 4th. Finally, Argus set a $64.00 price objective on Super Micro Computer in a research report on Thursday, November 6th. Five analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $43.43.

Super Micro Computer Trading Down 2.9%

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 firm has a market cap of $18.75 billion, a price-to-earnings ratio of 23.37, a PEG ratio of 0.64 and a beta of 1.52. The business has a fifty day simple moving average of $31.06 and a 200-day simple moving average of $38.48.

Super Micro Computer (NASDAQ:SMCI) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.20. Super Micro Computer had a return on equity of 13.22% and a net margin of 3.11%.The company had revenue of $12.68 billion for the quarter, compared to analysts’ expectations of $10.34 billion. During the same period in the previous year, the business posted $0.59 earnings per share. The business’s quarterly revenue 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, equities analysts forecast 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

Large investors have recently modified their holdings of the business. Hsbc Holdings PLC grew its stake in shares of Super Micro Computer by 13.7% in the fourth quarter. Hsbc Holdings PLC now owns 1,134,891 shares of the company’s stock worth $33,203,000 after purchasing an additional 137,180 shares during the last quarter. SHP Wealth Management bought a new position in Super Micro Computer during the 4th quarter worth $29,000. Caitong International Asset Management Co. Ltd lifted its holdings in Super Micro Computer by 55,558.3% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 33,395 shares of the company’s stock worth $977,000 after buying an additional 33,335 shares during the period. Sankala Group LLC acquired a new position in Super Micro Computer during the 4th quarter worth about $136,000. Finally, Tempo Wealth LLC bought a new stake in shares of Super Micro Computer in the 4th quarter valued at about $322,000. Institutional investors own 84.06% of the company’s stock.

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.