Super Micro Computer (NASDAQ:SMCI) Shares Down 1.1% – Here’s Why

Super Micro Computer, Inc. (NASDAQ:SMCI) shares fell 1.1% during mid-day trading on Tuesday . The company traded as low as $31.48 and last traded at $31.51. 20,721,196 shares were traded during trading, a decline of 33% from the average session volume of 31,056,342 shares. The stock had previously closed at $31.86.

Analysts Set New Price Targets

SMCI has been the subject of several analyst reports. Wall Street Zen upgraded shares of Super Micro Computer from a “sell” rating to a “hold” rating in a report on Sunday, February 15th. Raymond James Financial decreased their price objective on shares of Super Micro Computer from $50.00 to $35.00 and set an “outperform” rating for the company in a research note on Wednesday, February 4th. The Goldman Sachs Group lifted their target price on shares of Super Micro Computer from $26.00 to $27.00 and gave the stock a “sell” rating in a research report on Wednesday, February 4th. Needham & Company LLC decreased their price target on Super Micro Computer from $51.00 to $40.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. Finally, Barclays set a $38.00 price target on Super Micro Computer and gave the stock an “equal weight” rating in a report on Wednesday, February 4th. Five equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $43.43.

Super Micro Computer Price Performance

The business has a 50-day moving average price of $31.30 and a 200 day moving average price of $37.67. The stock has a market cap of $18.41 billion, a PE ratio of 22.96, a PEG ratio of 0.62 and a beta of 1.52. 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 announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.49 by $0.20. The business had revenue of $12.68 billion for 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 quarterly revenue was up 123.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.59 EPS. Super Micro Computer has set its Q3 2026 guidance at 0.600- EPS. As a group, research analysts forecast that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Super Micro Computer

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Norges Bank bought a new position in shares of Super Micro Computer in the fourth quarter worth $136,569,000. Clear Street LLC purchased a new stake in Super Micro Computer during the 2nd quarter worth about $158,724,000. Clear Street Group Inc. purchased a new stake in Super Micro Computer during the 3rd quarter worth about $147,631,000. Marshall Wace LLP boosted its stake in Super Micro Computer by 596.4% in the 2nd 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 period. Finally, Vanguard Group Inc. grew its holdings in Super Micro Computer by 4.1% during the 3rd quarter. Vanguard Group Inc. now owns 68,848,777 shares of the company’s stock valued at $3,300,610,000 after buying an additional 2,695,829 shares in the last quarter. 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.