Super Micro Computer (NASDAQ:SMCI) Shares Down 2.8% – Should You Sell?

Super Micro Computer, Inc. (NASDAQ:SMCI) was down 2.8% on Monday . The stock traded as low as $30.66 and last traded at $30.80. Approximately 19,130,359 shares changed hands during trading, a decline of 44% from the average daily volume of 34,108,801 shares. The stock had previously closed at $31.70.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on SMCI. Raymond James Financial lowered their price objective on Super Micro Computer from $53.00 to $50.00 and set an “outperform” rating on the stock in a report on Wednesday, November 5th. Sanford C. Bernstein dropped 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 report on Wednesday, November 5th. JPMorgan Chase & Co. reduced their price objective on shares of Super Micro Computer from $43.00 to $40.00 and set a “neutral” rating for the company in a research note on Wednesday, November 5th. Needham & Company LLC lowered their target price on shares of Super Micro Computer from $60.00 to $51.00 and set a “buy” rating on the stock in a research note on Wednesday, November 5th. Finally, Mizuho set a $31.00 target price on shares of Super Micro Computer and gave the stock a “neutral” rating in a research report on Friday, January 9th. Eight research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $46.19.

Super Micro Computer Stock Down 2.8%

The business’s 50 day moving average price is $31.77 and its 200-day moving average price is $42.43. 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 firm has a market capitalization of $18.39 billion, a PE ratio of 24.96, a P/E/G ratio of 0.66 and a beta of 1.54.

Super Micro Computer (NASDAQ:SMCI) last issued its quarterly earnings results on Tuesday, November 4th. The company reported $0.35 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.11). Super Micro Computer had a net margin of 3.77% and a return on equity of 12.70%. The business had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $6.48 billion. During the same period in the prior year, the business earned $0.73 EPS. The business’s quarterly revenue 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. As a group, equities research analysts forecast that Super Micro Computer, Inc. will post 1.86 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Anfield Capital Management LLC purchased a new position in shares of Super Micro Computer during the second quarter worth approximately $25,000. Twin Peaks Wealth Advisors LLC purchased a new stake in Super Micro Computer in the 2nd quarter valued at $25,000. Flagship Harbor Advisors LLC acquired a new stake in Super Micro Computer during the 4th quarter worth $25,000. Armstrong Advisory Group Inc. purchased a new position in Super Micro Computer during the 3rd quarter worth $29,000. Finally, Hazlett Burt & Watson Inc. increased its stake in Super Micro Computer by 68.6% in the third quarter. Hazlett Burt & Watson Inc. now owns 661 shares of the company’s stock valued at $31,000 after purchasing an additional 269 shares during the period. Hedge funds and other 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.