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

Super Micro Computer, Inc. (NASDAQ:SMCI) rose 1.3% on Monday . The company traded as high as $32.07 and last traded at $30.85. Approximately 59,906,993 shares changed hands during mid-day trading, an increase of 43% from the average daily volume of 41,942,281 shares. The stock had previously closed at $30.46.

Analyst Ratings Changes

SMCI has been the subject of a number of research analyst reports. Wolfe Research initiated coverage on Super Micro Computer in a report on Thursday. They issued a “peer perform” rating for the company. Rosenblatt Securities boosted their price objective on Super Micro Computer from $32.00 to $40.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Mizuho boosted their price objective on Super Micro Computer from $36.00 to $44.00 and gave the company a “neutral” rating in a research report on Monday, June 1st. The Goldman Sachs Group restated a “sell” rating on shares of Super Micro Computer in a research report on Wednesday, May 6th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Super Micro Computer in a research report on Friday, March 27th. Four research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $38.57.

Super Micro Computer Stock Up 1.3%

The firm has a market cap of $18.55 billion, a price-to-earnings ratio of 16.32, a price-to-earnings-growth ratio of 0.51 and a beta of 1.86. The company has a current ratio of 2.66, a quick ratio of 1.29 and a debt-to-equity ratio of 0.88. The stock has a 50-day moving average of $32.34 and a 200-day moving average of $31.20.

Super Micro Computer (NASDAQ:SMCI) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.21. Super Micro Computer had a return on equity of 17.49% and a net margin of 3.70%.The business had revenue of $10.24 billion during the quarter, compared to analyst estimates of $12.39 billion. During the same quarter in the previous year, the firm posted $0.31 EPS. The business’s revenue for the quarter was up 122.7% compared to the same quarter last year. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. As a group, sell-side analysts forecast that Super Micro Computer, Inc. will post 2.12 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in SMCI. Advisors Asset Management Inc. acquired a new position in Super Micro Computer during the 1st quarter worth $39,000. EverSource Wealth Advisors LLC boosted its position in Super Micro Computer by 42.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,479 shares of the company’s stock worth $171,000 after acquiring an additional 1,036 shares during the period. Baird Financial Group Inc. boosted its position in Super Micro Computer by 54.9% during the 2nd quarter. Baird Financial Group Inc. now owns 18,955 shares of the company’s stock worth $929,000 after acquiring an additional 6,718 shares during the period. Flow Traders U.S. LLC acquired a new position in Super Micro Computer during the 2nd quarter worth $277,000. Finally, Daiwa Securities Group Inc. boosted its position in Super Micro Computer by 3.4% during the 2nd quarter. Daiwa Securities Group Inc. now owns 85,647 shares of the company’s stock worth $4,198,000 after acquiring an additional 2,799 shares during the period. Institutional investors and hedge funds 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.