Super Micro Computer (NASDAQ:SMCI) Shares Up 5.9% – Should You Buy?

Super Micro Computer, Inc. (NASDAQ:SMCI) shares rose 5.9% during trading on Friday . The company traded as high as $31.24 and last traded at $31.11. Approximately 37,933,879 shares were traded during mid-day trading, a decline of 17% from the average daily volume of 45,869,051 shares. The stock had previously closed at $29.37.

Analysts Set New Price Targets

Several equities research analysts have issued reports on SMCI shares. Needham & Company LLC dropped their price objective on Super Micro Computer from $60.00 to $51.00 and set a “buy” rating on the stock in a report on Wednesday, November 5th. Raymond James Financial decreased their price target on shares of Super Micro Computer from $53.00 to $50.00 and set an “outperform” rating for the company in a research report on Wednesday, November 5th. Northland Securities set a $63.00 price target on shares of Super Micro Computer in a research note on Wednesday, November 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of Super Micro Computer in a research note on Monday, December 15th. Finally, The Goldman Sachs Group set a $34.00 price objective on shares of Super Micro Computer and gave the stock a “sell” rating in a report on Wednesday, November 5th. Eight analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Super Micro Computer currently has a consensus rating of “Hold” and a consensus price target of $48.38.

Super Micro Computer Price Performance

The company has a market capitalization of $18.57 billion, a P/E ratio of 24.89, a price-to-earnings-growth ratio of 0.64 and a beta of 1.52. The company has a fifty day moving average price of $40.40 and a 200 day moving average price of $45.03. The company has a debt-to-equity ratio of 0.72, a current ratio of 5.39 and a quick ratio of 2.95.

Super Micro Computer (NASDAQ:SMCI) last announced its quarterly earnings results on Tuesday, November 4th. The company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.11). Super Micro Computer had a return on equity of 12.70% and a net margin of 3.77%.The company had revenue of $5.02 billion during the quarter, compared to the consensus estimate of $6.48 billion. During the same period last year, the business posted $0.73 EPS. The company’s revenue for the quarter was down 15.5% on a year-over-year basis. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. On average, sell-side analysts forecast that Super Micro Computer, Inc. will post 1.86 EPS for the current fiscal year.

Hedge Funds Weigh In On Super Micro Computer

Institutional investors have recently modified their holdings of the company. Anfield Capital Management LLC bought a new stake in Super Micro Computer in the 2nd quarter valued at about $25,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Super Micro Computer in the second quarter valued at approximately $25,000. Armstrong Advisory Group Inc. bought a new stake in shares of Super Micro Computer during the third quarter valued at approximately $29,000. Hazlett Burt & Watson Inc. boosted its position in shares of Super Micro Computer by 68.6% during the third quarter. Hazlett Burt & Watson Inc. now owns 661 shares of the company’s stock worth $31,000 after buying an additional 269 shares during the period. Finally, Beaird Harris Wealth Management LLC bought a new position in Super Micro Computer in the 1st quarter worth approximately $34,000. Institutional investors own 84.06% of the company’s stock.

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.