Super Micro Computer (NASDAQ:SMCI) Shares Up 8.2% – What’s Next?

Super Micro Computer, Inc. (NASDAQ:SMCI)’s share price traded up 8.2% on Thursday . The company traded as high as $32.20 and last traded at $32.16. 42,121,778 shares were traded during trading, an increase of 21% from the average session volume of 34,720,609 shares. The stock had previously closed at $29.71.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Mizuho set a $33.00 price objective on Super Micro Computer in a research note on Wednesday, February 4th. Citigroup dropped their price objective on shares of Super Micro Computer from $48.00 to $39.00 and set a “neutral” rating on the stock in a report on Tuesday, January 20th. 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 report on Wednesday, November 5th. Sanford C. Bernstein cut their price target on Super Micro Computer from $42.00 to $37.00 and set a “market perform” rating on the stock in a report on Wednesday, February 4th. Finally, JPMorgan Chase & Co. decreased their price objective on Super Micro Computer from $43.00 to $40.00 and set a “neutral” rating for the company in a report on Wednesday, November 5th. Five 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $43.43.

Super Micro Computer Trading Up 8.2%

The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.01 and a current ratio of 1.70. The business has a 50 day simple moving average of $30.87 and a 200-day simple moving average of $39.66. The stock has a market capitalization of $19.26 billion, a P/E ratio of 24.00, a price-to-earnings-growth ratio of 0.59 and a beta of 1.53.

Super Micro Computer (NASDAQ:SMCI) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.69 earnings per share 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 analyst estimates of $10.34 billion. Super Micro Computer had a return on equity of 13.22% and a net margin of 3.11%.The company’s revenue was up 123.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.59 earnings per share. Super Micro Computer has set its Q3 2026 guidance at 0.600- EPS. On average, analysts predict that Super Micro Computer, Inc. will post 1.86 EPS for the current year.

Institutional Investors Weigh In On Super Micro Computer

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Securian Asset Management Inc. increased its stake in shares of Super Micro Computer by 0.9% in the 2nd quarter. Securian Asset Management Inc. now owns 26,834 shares of the company’s stock valued at $1,315,000 after acquiring an additional 246 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. raised its holdings in Super Micro Computer by 1.4% in the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 19,374 shares of the company’s stock worth $929,000 after purchasing an additional 266 shares during the period. 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 purchasing an additional 269 shares in the last quarter. Mutual of America Capital Management LLC grew its holdings in shares of Super Micro Computer by 0.5% in the 2nd quarter. Mutual of America Capital Management LLC now owns 58,852 shares of the company’s stock valued at $2,884,000 after buying an additional 297 shares during the period. Finally, Fairscale Capital LLC increased its position in shares of Super Micro Computer by 12.5% in the 3rd quarter. Fairscale Capital LLC now owns 2,693 shares of the company’s stock valued at $129,000 after buying an additional 300 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.