Super Micro Computer (NASDAQ:SMCI) Stock Price Down 1.3% – Here’s What Happened

Super Micro Computer, Inc. (NASDAQ:SMCI) fell 1.3% during trading on Thursday . The company traded as low as $31.47 and last traded at $32.24. 26,816,058 shares changed hands during trading, a decline of 18% from the average session volume of 32,795,145 shares. The stock had previously closed at $32.65.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Argus set a $64.00 target price on shares of Super Micro Computer in a report on Thursday, November 6th. Needham & Company LLC lowered their price objective on Super Micro Computer from $51.00 to $40.00 and set a “buy” rating for the company in a research note on Wednesday, February 4th. The Goldman Sachs Group lifted their price target on shares of Super Micro Computer from $26.00 to $27.00 and gave the stock a “sell” rating in a research note on Wednesday, February 4th. Zacks Research upgraded Super Micro Computer from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Finally, Wedbush decreased their price target on shares of Super Micro Computer from $48.00 to $42.00 and set a “neutral” rating for the company in a research note on Wednesday, November 5th. Five research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $43.43.

Super Micro Computer Trading Down 1.3%

The firm has a market capitalization of $19.29 billion, a price-to-earnings ratio of 24.04, a P/E/G ratio of 0.61 and a beta of 1.52. The company has a 50 day moving average price of $31.03 and a two-hundred day moving average price of $38.53. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.01 and a current ratio of 1.70.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in SMCI. 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 position in shares of Super Micro Computer in the 2nd quarter valued at about $25,000. Armstrong Advisory Group Inc. acquired a new stake in shares of Super Micro Computer during the 3rd quarter valued at approximately $29,000. Hazlett Burt & Watson Inc. boosted its position in 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. Finally, Flagship Harbor Advisors LLC purchased a new stake in shares of Super Micro Computer in the 4th quarter worth about $25,000. 84.06% of the stock is owned by institutional investors and hedge funds.

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.