Bank of America Cuts Super Micro Computer (NASDAQ:SMCI) Price Target to $24.00

Super Micro Computer (NASDAQ:SMCI) had its target price cut by Bank of America from $34.00 to $24.00 in a research report report published on Tuesday,Benzinga reports. They currently have an underperform rating on the stock.

A number of other research analysts have also issued reports on SMCI. Needham & Company LLC reduced 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. Rosenblatt Securities reissued a “buy” rating and set a $55.00 price target on shares of Super Micro Computer in a report on Monday, February 2nd. Barclays set a $38.00 price objective on shares of Super Micro Computer and gave the company an “equal weight” rating in a research note on Wednesday, February 4th. Sanford C. Bernstein reduced their price objective on shares of Super Micro Computer from $42.00 to $37.00 and set a “market perform” rating for the company in a report on Wednesday, February 4th. Finally, Zacks Research upgraded shares of Super Micro Computer from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Four analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Super Micro Computer currently has an average rating of “Hold” and a consensus price target of $37.07.

Super Micro Computer Price Performance

Shares of NASDAQ:SMCI opened at $22.21 on Tuesday. The firm’s 50 day moving average is $30.60 and its two-hundred day moving average is $36.98. The firm has a market capitalization of $13.30 billion, a P/E ratio of 16.57, a PEG ratio of 0.46 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 has a 52 week low of $19.48 and a 52 week high of $62.36.

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

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in SMCI. Advisors Asset Management Inc. bought a new position in shares of Super Micro Computer in the first quarter valued at $39,000. Intech Investment Management LLC boosted its stake in shares of Super Micro Computer by 44.4% during the 2nd quarter. Intech Investment Management LLC now owns 23,120 shares of the company’s stock worth $1,133,000 after acquiring an additional 7,114 shares in the last quarter. MAI Capital Management grew its holdings in shares of Super Micro Computer by 75.2% in the 2nd quarter. MAI Capital Management now owns 7,355 shares of the company’s stock worth $360,000 after acquiring an additional 3,158 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Super Micro Computer by 5.3% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 3,971,739 shares of the company’s stock worth $194,655,000 after acquiring an additional 200,109 shares during the last quarter. Finally, Prudential Financial Inc. raised its position in shares of Super Micro Computer by 13.8% during the second quarter. Prudential Financial Inc. now owns 291,042 shares of the company’s stock worth $14,264,000 after purchasing an additional 35,402 shares during the period. Institutional investors and hedge funds own 84.06% of the company’s stock.

Key Super Micro Computer News

Here are the key news stories impacting Super Micro Computer this week:

• Positive Sentiment: Underlying AI demand and partnerships remain intact — Supermicro is deepening ties with Mirantis to standardize open-source AI cloud stacks, reinforcing its position in AI/GPU server infrastructure. Super Micro Deepens Mirantis Ties
• Positive Sentiment: Revenue and growth profile remain strong (company previously reported outsized revenue growth driven by AI-server demand), which provides a fundamental offset to headline risk. Could Supermicro’s Latest Crisis Create a Buying Opportunity?
• Neutral Sentiment: Some analysts are mixed — Rosenblatt cut its price target (from $50 to $32) but kept a Buy rating, and Northland reaffirmed Market Perform; market views on valuation vs. risk are divided. Rosenblatt price target update (Benzinga)
• Negative Sentiment: Multiple shareholder class actions filed and many law firms issuing investor alerts — suits allege the company concealed sales to China and export-control risks. This legal avalanche is the primary driver of the stock’s decline in recent sessions. Reuters: Super Micro sued by shareholders
• Negative Sentiment: Many law firms (Rosen, Robbins, Bragar, Kirby McInerney, Faruqi, Holzer, etc.) have publicized class actions/solicitations, amplifying litigation risk and potential distraction/costs for management. GlobeNewswire: Portnoy Law Firm class action notice
• Negative Sentiment: Allegations reference export-control violations and ties to earlier DOJ/indictment headlines involving company associates — a regulatory/criminal overhang that raises reputational and compliance questions. Barron’s: Securities Fraud Lawsuit Coverage
• Negative Sentiment: Analyst cuts and target reductions (e.g., Citi lowered its target) and heavy intraday volume reflect increased risk aversion; price-target revisions compress upside while litigation risk raises uncertainty on future guidance and margins. American Banking News: Citi lowers price target

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.