Super Micro Computer (NASDAQ:SMCI) Stock Price Down 4.2% – Here’s Why

Super Micro Computer, Inc. (NASDAQ:SMCI) fell 4.2% during mid-day trading on Monday . The company traded as low as $27.46 and last traded at $27.86. 28,578,872 shares were traded during mid-day trading, a decline of 21% from the average session volume of 36,064,770 shares. The stock had previously closed at $29.08.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on SMCI. JPMorgan Chase & Co. decreased their target price on Super Micro Computer from $40.00 to $28.00 and set a “neutral” rating for the company in a research report on Thursday, April 16th. Northland Securities reissued a “market perform” rating and issued a $22.00 target price on shares of Super Micro Computer in a research report on Monday, March 23rd. Raymond James Financial decreased their target price on Super Micro Computer from $50.00 to $35.00 and set an “outperform” rating for the company in a research report on Wednesday, February 4th. Argus reissued a “hold” rating on shares of Super Micro Computer in a report on Friday, March 20th. Finally, Citigroup lowered their price target on Super Micro Computer from $39.00 to $25.00 and set a “neutral” rating on the stock in a report on Tuesday, March 24th. Four investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $35.64.

Super Micro Computer Trading Down 4.2%

The firm has a market capitalization of $16.69 billion, a PE ratio of 20.79, a P/E/G ratio of 0.54 and a beta of 1.64. The business has a 50 day moving average price of $27.94 and a 200-day moving average price of $33.53. 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 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. The business had revenue of $12.68 billion during the quarter, compared to the consensus estimate 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 for the quarter was up 123.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.59 EPS. Super Micro Computer has set its Q3 2026 guidance at 0.600- EPS. Analysts expect that Super Micro Computer, Inc. will post 1.9 earnings per share for the current year.

Hedge Funds Weigh In On Super Micro Computer

Several hedge funds have recently bought and sold shares of SMCI. Norges Bank acquired a new position in Super Micro Computer in the 4th quarter valued at about $136,569,000. Clear Street Group Inc. acquired a new position in Super Micro Computer in the 3rd quarter valued at about $147,631,000. Vanguard Group Inc. raised its stake in 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 during the last quarter. Dimensional Fund Advisors LP raised its stake in Super Micro Computer by 833.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,939,536 shares of the company’s stock valued at $140,882,000 after purchasing an additional 2,624,746 shares during the last quarter. Finally, Invesco Ltd. raised its stake in Super Micro Computer by 21.2% in the 4th quarter. Invesco Ltd. now owns 9,953,780 shares of the company’s stock valued at $291,347,000 after purchasing an additional 1,738,749 shares during the last quarter. Hedge funds and other institutional investors own 84.06% of the company’s stock.

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.