Super Micro Computer (NASDAQ:SMCI) Shares Gap Up – What’s Next?

Super Micro Computer, Inc. (NASDAQ:SMCI)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $29.71, but opened at $31.25. Super Micro Computer shares last traded at $31.6740, with a volume of 17,569,873 shares trading hands.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on SMCI. Citigroup decreased their target price on Super Micro Computer from $48.00 to $39.00 and set a “neutral” rating on the stock in a report on Tuesday, January 20th. Argus set a $64.00 price objective on shares of Super Micro Computer in a research report on Thursday, November 6th. Sanford C. Bernstein dropped their price objective on shares of Super Micro Computer from $42.00 to $37.00 and set a “market perform” rating on the stock in a research report on Wednesday, February 4th. KGI Securities upgraded shares of Super Micro Computer from a “neutral” rating to an “outperform” rating and set a $60.00 target price for the company in a research note on Wednesday, November 5th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Super Micro Computer in a report on Monday, December 29th. Five investment 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’s stock. According to data from MarketBeat, Super Micro Computer has a consensus rating of “Hold” and an average price target of $43.43.

Super Micro Computer Stock Performance

The stock’s 50-day simple moving average is $30.87 and its 200-day simple moving average is $39.66. The stock has a market cap of $18.76 billion, a price-to-earnings ratio of 23.40, a price-to-earnings-growth ratio of 0.59 and a beta of 1.53. The company has a current ratio of 1.70, a quick ratio of 1.01 and a debt-to-equity ratio of 0.67.

Super Micro Computer (NASDAQ:SMCI) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.20. The business had revenue of $12.68 billion during the quarter, compared to analysts’ expectations of $10.34 billion. Super Micro Computer had a return on equity of 13.22% and a net margin of 3.11%.The firm’s revenue for the quarter was up 123.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.59 earnings per share. Super Micro Computer has set its Q3 2026 guidance at 0.600- EPS. Analysts forecast that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Norges Bank bought a new position in Super Micro Computer in the 4th quarter valued at about $136,569,000. Clear Street LLC bought a new position in Super Micro Computer in the second quarter valued at approximately $158,724,000. Clear Street Group Inc. acquired a new position in Super Micro Computer during the third quarter valued at approximately $147,631,000. Marshall Wace LLP lifted its stake in 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 during the last quarter. Finally, Vanguard Group Inc. boosted 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 in the last quarter. Institutional investors and hedge funds 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.