Super Micro Computer (NASDAQ:SMCI) Trading Down 3.5% – What’s Next?

Shares of Super Micro Computer, Inc. (NASDAQ:SMCI) dropped 3.5% during trading on Tuesday . The stock traded as low as $25.41 and last traded at $26.25. Approximately 38,489,758 shares were traded during mid-day trading, a decline of 12% from the average session volume of 43,792,676 shares. The stock had previously closed at $27.19.

Analysts Set New Price Targets

A number of research firms have commented on SMCI. Northland Securities lifted their price objective on shares of Super Micro Computer from $22.00 to $34.00 in a research note on Wednesday, May 6th. Barclays dropped their target price on Super Micro Computer from $38.00 to $34.00 and set an “equal weight” rating on the stock in a report on Wednesday, May 6th. Raymond James Financial decreased their price target on Super Micro Computer from $45.00 to $39.00 in a report on Friday, June 12th. Citigroup reiterated a “neutral” rating and issued a $31.00 price objective (up from $25.00) on shares of Super Micro Computer in a research report on Wednesday, May 6th. Finally, The Goldman Sachs Group restated a “sell” rating on shares of Super Micro Computer in a research report on Wednesday, May 6th. Four equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $38.57.

Super Micro Computer Trading Down 3.5%

The company has a market cap of $15.79 billion, a price-to-earnings ratio of 13.89, a P/E/G ratio of 0.34 and a beta of 1.94. The business has a fifty day simple moving average of $33.65 and a 200 day simple moving average of $30.81. The company has a quick ratio of 1.29, a current ratio of 2.66 and a debt-to-equity ratio of 0.88.

Super Micro Computer (NASDAQ:SMCI) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.63 by $0.21. The business had revenue of $10.24 billion for the quarter, compared to analyst estimates of $12.39 billion. Super Micro Computer had a return on equity of 17.49% and a net margin of 3.70%.The company’s quarterly revenue was up 122.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.31 EPS. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. On average, equities analysts anticipate that Super Micro Computer, Inc. will post 2.13 EPS for the current fiscal year.

Institutional Investors Weigh In On Super Micro Computer

A number of large investors have recently added to or reduced their stakes in the business. Flagship Harbor Advisors LLC acquired a new position in Super Micro Computer during the fourth quarter worth about $25,000. Elyxium Wealth LLC purchased a new position in Super Micro Computer during the fourth quarter worth $26,000. Arax Advisory Partners acquired a new position in shares of Super Micro Computer in the fourth quarter worth $28,000. SHP Wealth Management purchased a new stake in shares of Super Micro Computer in the fourth quarter valued at $29,000. Finally, Concord Wealth Partners lifted its position in shares of Super Micro Computer by 2,564.1% in the fourth quarter. Concord Wealth Partners now owns 1,039 shares of the company’s stock valued at $30,000 after acquiring an additional 1,000 shares in the last quarter. 84.06% of the stock is owned by institutional investors and hedge funds.

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.