Super Micro Computer (NASDAQ:SMCI) Stock Price Down 1.3% – Time to Sell?

Super Micro Computer, Inc. (NASDAQ:SMCI)’s stock price was down 1.3% on Wednesday . The company traded as low as $29.02 and last traded at $29.27. Approximately 23,901,210 shares traded hands during mid-day trading, a decline of 47% from the average daily volume of 45,101,820 shares. The stock had previously closed at $29.65.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Super Micro Computer in a report on Monday. JPMorgan Chase & Co. cut their price objective on shares of Super Micro Computer from $43.00 to $40.00 and set a “neutral” rating on the stock in a report on Wednesday, November 5th. Northland Securities set a $63.00 target price on Super Micro Computer in a report on Wednesday, November 5th. Wedbush cut their price target on Super Micro Computer from $48.00 to $42.00 and set a “neutral” rating on the stock in a report on Wednesday, November 5th. Finally, Zacks Research raised Super Micro Computer from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Eight equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $48.38.

Super Micro Computer Price Performance

The firm has a market capitalization of $17.47 billion, a PE ratio of 23.42, a P/E/G ratio of 0.62 and a beta of 1.52. The firm’s fifty day moving average price is $37.11 and its 200 day moving average price is $44.45. The company has a current ratio of 5.39, a quick ratio of 2.95 and a debt-to-equity ratio of 0.72.

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 analysts’ consensus estimates of $0.46 by ($0.11). The company had revenue of $5.02 billion during the quarter, compared to analyst estimates of $6.48 billion. Super Micro Computer had a net margin of 3.77% and a return on equity of 12.70%. The company’s revenue was down 15.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.73 earnings per share. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. As a group, equities analysts forecast that Super Micro Computer, Inc. will post 1.86 earnings per share for the current year.

Institutional Investors Weigh In On Super Micro Computer

Several hedge funds have recently modified their holdings of the company. Triumph Capital Management lifted its position in shares of Super Micro Computer by 6.1% during the 3rd quarter. Triumph Capital Management now owns 8,700 shares of the company’s stock valued at $417,000 after buying an additional 500 shares in the last quarter. AIA Group Ltd raised its position in Super Micro Computer by 76.0% during the third quarter. AIA Group Ltd now owns 22,095 shares of the company’s stock worth $1,059,000 after acquiring an additional 9,541 shares during the period. Peterson Wealth Management purchased a new position in Super Micro Computer during the third quarter valued at $993,000. FNY Investment Advisers LLC lifted its holdings in Super Micro Computer by 52.4% during the third quarter. FNY Investment Advisers LLC now owns 20,068 shares of the company’s stock valued at $962,000 after purchasing an additional 6,898 shares in the last quarter. Finally, IFP Advisors Inc grew its position in shares of Super Micro Computer by 13.4% in the third quarter. IFP Advisors Inc now owns 17,475 shares of the company’s stock valued at $838,000 after purchasing an additional 2,060 shares during the period. 84.06% of the stock is owned by hedge funds and other 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.