Wedbush Cuts Super Micro Computer (NASDAQ:SMCI) Price Target to $34.00

Super Micro Computer (NASDAQ:SMCI) had its price objective decreased by Wedbush from $42.00 to $34.00 in a research report sent to investors on Wednesday morning,Benzinga reports. Wedbush currently has a neutral rating on the stock.

A number of other brokerages also recently commented on SMCI. Rosenblatt Securities lowered their price objective on Super Micro Computer from $50.00 to $32.00 and set a “buy” rating for the company in a research report on Wednesday, March 25th. Raymond James Financial dropped their price objective on shares of Super Micro Computer from $50.00 to $35.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 4th. Sanford C. Bernstein decreased 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 research report on Wednesday, February 4th. Wall Street Zen raised Super Micro Computer from a “sell” rating to a “hold” rating in a report on Sunday, February 15th. Finally, Northland Securities restated a “market perform” rating and issued a $22.00 price target on shares of Super Micro Computer in a research note on Monday, March 23rd. Four research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $38.00.

Super Micro Computer Trading Up 5.2%

SMCI opened at $35.37 on Wednesday. The stock has a market capitalization of $21.19 billion, a PE ratio of 18.71, a P/E/G ratio of 0.62 and a beta of 1.69. Super Micro Computer has a one year low of $19.48 and a one year high of $62.36. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.01 and a current ratio of 2.66. The business’s 50 day moving average price is $27.70 and its 200 day moving average price is $32.31.

Super Micro Computer (NASDAQ:SMCI) last posted its earnings results on Tuesday, May 5th. The company reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.21. The company had revenue of $10.24 billion for the quarter, compared to analysts’ expectations of $12.39 billion. Super Micro Computer had a net margin of 3.70% and a return on equity of 17.49%. Super Micro Computer’s revenue for the quarter was up 122.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.31 earnings per share. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. As a group, equities research analysts expect that Super Micro Computer will post 1.9 EPS for the current year.

Institutional Investors Weigh In On Super Micro Computer

Hedge funds have recently made changes to their positions in the business. OVERSEA CHINESE BANKING Corp Ltd raised its holdings in Super Micro Computer by 210.8% during the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 49,806 shares of the company’s stock worth $1,498,000 after purchasing an additional 33,782 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in Super Micro Computer by 54.7% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 107,789 shares of the company’s stock valued at $3,155,000 after purchasing an additional 38,098 shares during the last quarter. Impact Partnership Wealth LLC purchased a new position in shares of Super Micro Computer in the third quarter valued at $832,000. UG Investment Advisers Ltd. purchased a new position in shares of Super Micro Computer in the third quarter valued at $1,009,000. Finally, Littlejohn Financial Services Inc. acquired a new position in shares of Super Micro Computer during the 3rd quarter worth $1,162,000. Institutional investors and hedge funds own 84.06% of the company’s stock.

Key Headlines Impacting Super Micro Computer

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

• Positive Sentiment: Super Micro’s latest quarter showed an earnings beat and a meaningful margin recovery, helping restore confidence in the company’s ability to convert AI demand into better profitability. Super Micro Rises 5% as Margin Beat, Strong Guide Reignite Short Squeeze Debate
• Positive Sentiment: Analysts turned more constructive after earnings, with several firms raising targets or reiterating upbeat views, which is supporting the stock’s rebound. Super Micro Computer Soars on Earnings Beat. Here’s What Comes Next for SMCI Stock.
• Neutral Sentiment: Super Micro also announced expanded Arm-based server and OCP rack offerings, which adds to its AI infrastructure product lineup but is not an immediate catalyst by itself. Super Micro Computer (SMCI) Expands Arm-Based Server and OCP Rack Offerings
• Negative Sentiment: Ongoing securities class-action headlines and repeated law-firm reminders about the May 26 lead-plaintiff deadline continue to hang over the name and could limit enthusiasm. ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Super Micro Computer, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SMCI
• Negative Sentiment: More lawsuit alerts and allegations tied to export-control disclosure issues add reputational and legal risk, even as the stock rebounds. Robbins LLP Reminds SMCI Investors of the Securities Class Action Lawsuit Against Super Micro Computer, Inc.

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.