Super Micro Computer (NASDAQ:SMCI) Stock Price Down 5% – Time to Sell?

Super Micro Computer, Inc. (NASDAQ:SMCI)’s share price dropped 5% during trading on Tuesday . The company traded as low as $27.80 and last traded at $28.60. Approximately 52,202,160 shares changed hands during trading, an increase of 69% from the average daily volume of 30,859,059 shares. The stock had previously closed at $30.12.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on SMCI. Sanford C. Bernstein cut their price target on shares of Super Micro Computer from $46.00 to $42.00 and set a “market perform” rating on the stock in a research note on Wednesday, November 5th. Northland Securities set a $63.00 target price on shares of Super Micro Computer in a report on Wednesday, November 5th. Zacks Research raised shares of Super Micro Computer from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Wedbush cut their price objective on Super Micro Computer from $48.00 to $42.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 5th. Finally, Mizuho set a $31.00 target price on Super Micro Computer and gave the company a “neutral” rating in a report on Friday. Eight analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $47.00.

Super Micro Computer Trading Down 5.0%

The company has a debt-to-equity ratio of 0.72, a quick ratio of 2.95 and a current ratio of 5.39. The company’s 50-day moving average price is $33.35 and its 200-day moving average price is $43.54. The firm has a market capitalization of $17.07 billion, a PE ratio of 22.88, a PEG ratio of 0.63 and a beta of 1.54.

Super Micro Computer (NASDAQ:SMCI) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $0.35 earnings per share for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.11). The business 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 firm’s quarterly revenue was down 15.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.73 earnings per share. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. On average, sell-side analysts expect that Super Micro Computer, Inc. will post 1.86 earnings per share for the current year.

Institutional Trading of Super Micro Computer

Several institutional investors have recently modified their holdings of SMCI. Clear Street LLC purchased a new position in shares of Super Micro Computer in the 2nd quarter valued at $158,724,000. Clear Street Group Inc. acquired a new position in Super Micro Computer in the third quarter valued at $147,631,000. Norges Bank purchased a new position in shares of Super Micro Computer during the second quarter worth about $150,395,000. Marshall Wace LLP increased its position in shares of Super Micro Computer by 596.4% during the second quarter. Marshall Wace LLP now owns 3,437,714 shares of the company’s stock worth $168,482,000 after purchasing an additional 2,944,049 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of Super Micro Computer by 4.1% in the 3rd quarter. Vanguard Group Inc. now owns 68,848,777 shares of the company’s stock valued at $3,300,610,000 after purchasing an additional 2,695,829 shares during the last quarter. Hedge funds and other 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.