Super Micro Computer (NASDAQ:SMCI) Stock Price Down 8.1% – Should You Sell?

Super Micro Computer, Inc. (NASDAQ:SMCI) shares traded down 8.1% on Monday . The stock traded as low as $27.75 and last traded at $28.15. 89,976,127 shares were traded during trading, an increase of 106% from the average daily volume of 43,715,730 shares. The stock had previously closed at $30.63.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Northland Securities boosted their target price on shares of Super Micro Computer from $22.00 to $34.00 in a report on Wednesday, May 6th. CJS Securities upgraded Super Micro Computer from a “market underperform” rating to a “market perform” rating in a report on Wednesday, May 6th. Argus reissued a “hold” rating on shares of Super Micro Computer in a research note on Friday, March 20th. Citigroup restated a “neutral” rating and set a $31.00 target price (up from $25.00) on shares of Super Micro Computer in a research report on Wednesday, May 6th. Finally, Wolfe Research started coverage on Super Micro Computer in a research note on Thursday, June 11th. They set a “peer perform” rating for the company. 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 stock. According to MarketBeat, Super Micro Computer currently has a consensus rating of “Hold” and an average price target of $38.57.

Super Micro Computer Stock Down 8.1%

The stock has a market cap of $16.93 billion, a price-to-earnings ratio of 14.89, a price-to-earnings-growth ratio of 0.51 and a beta of 1.86. The firm’s fifty day moving average price is $33.72 and its two-hundred day moving average price is $31.03. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.66 and a quick ratio of 1.29.

Super Micro Computer (NASDAQ:SMCI) last issued its earnings results on Tuesday, May 5th. The company reported $0.84 EPS 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 business had revenue of $10.24 billion during the quarter, compared to analyst estimates of $12.39 billion. During the same period in the previous year, the company posted $0.31 EPS. The firm’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. Sell-side analysts forecast that Super Micro Computer, Inc. will post 2.13 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Super Micro Computer

Institutional investors have recently modified their holdings of the company. OVERSEA CHINESE BANKING Corp Ltd grew its holdings in shares of Super Micro Computer by 210.8% during the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 49,806 shares of the company’s stock valued at $1,498,000 after buying an additional 33,782 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in Super Micro Computer by 54.7% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 107,789 shares of the company’s stock valued at $3,155,000 after acquiring an additional 38,098 shares in the last quarter. Generali Asset Management SPA SGR boosted its stake in Super Micro Computer by 235.2% during the 4th quarter. Generali Asset Management SPA SGR now owns 70,389 shares of the company’s stock valued at $2,060,000 after purchasing an additional 49,389 shares during the last quarter. Peterson Wealth Management bought a new stake in Super Micro Computer during the 3rd quarter worth approximately $993,000. Finally, Strs Ohio increased its holdings in Super Micro Computer by 41.9% during the 4th quarter. Strs Ohio now owns 237,299 shares of the company’s stock worth $6,946,000 after purchasing an additional 70,021 shares in the last quarter. 84.06% of the stock is owned by institutional investors and hedge funds.

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.