Super Micro Computer (NASDAQ:SMCI) Trading Up 19.8% After Analyst Upgrade

Super Micro Computer, Inc. (NASDAQ:SMCI)’s stock price rose 19.8% during mid-day trading on Wednesday after Barclays raised their price target on the stock from $34.00 to $38.00. Barclays currently has an equal weight rating on the stock. Super Micro Computer traded as high as $32.28 and last traded at $30.56. 161,865,465 shares changed hands during trading, an increase of 270% from the average daily volume of 43,758,965 shares. The stock had previously closed at $25.50.

SMCI has been the topic of a number of other research reports. Raymond James Financial dropped their price objective on Super Micro Computer from $45.00 to $39.00 in a research note on Friday, June 12th. Wedbush reduced their price objective on Super Micro Computer from $42.00 to $34.00 and set a “neutral” rating for the company in a report on Wednesday, May 6th. Northland Securities boosted their target price on shares of Super Micro Computer from $22.00 to $34.00 in a research report on Wednesday, May 6th. Wolfe Research started coverage on Super Micro Computer in a research report on Thursday, June 11th. They set a “peer perform” rating on the stock. Finally, The Goldman Sachs Group reissued a “sell” rating on shares of Super Micro Computer in a report on Wednesday, May 6th. 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 company’s stock. According to data from MarketBeat.com, Super Micro Computer currently has an average rating of “Hold” and a consensus target price of $39.93.

Trending Headlines about Super Micro Computer

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

• Positive Sentiment: Super Micro said it booked more than $60 billion in new orders in fiscal Q4, pushing backlog to a record high and reinforcing demand for AI infrastructure. Super Micro says fourth-quarter orders topped $60 billion
• Positive Sentiment: The company boosted its Q4 gross margin outlook to 15%–17% from 8.2%–8.4%, signaling a major profitability improvement from a better customer and product mix. Super Micro Computer Says Fourth-Quarter Margins Will Be Twice as High as Expected
• Positive Sentiment: Brokerage firms turned more constructive after the update, with Needham raising its price target to $46 and Barclays lifting its target to $38, reflecting improved sentiment on SMCI’s earnings power. Barclays PLC price target raise
• Positive Sentiment: Investors also appeared to view the update as a read-through for other AI hardware names, helping lift related stocks such as Dell and HPE. Dell stock gains 9%, and it has Super Micro Computer to thank for

Institutional Trading of Super Micro Computer

A number of large investors have recently bought and sold shares of SMCI. MCF Advisors LLC boosted its position in shares of Super Micro Computer by 9.6% during the 4th quarter. MCF Advisors LLC now owns 3,696 shares of the company’s stock valued at $108,000 after acquiring an additional 325 shares during the last quarter. CIBC Private Wealth Group LLC boosted its stake in shares of Super Micro Computer by 11.8% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 3,206 shares of the company’s stock valued at $154,000 after purchasing an additional 339 shares in the last quarter. City State Bank grew its stake in shares of Super Micro Computer by 4.9% during the fourth quarter. City State Bank now owns 7,500 shares of the company’s stock valued at $220,000 after buying an additional 350 shares during the last quarter. World Equity Group Inc. increased its stake in Super Micro Computer by 3.8% in the 1st quarter. World Equity Group Inc. now owns 9,877 shares of the company’s stock worth $225,000 after purchasing an additional 362 shares during the period. Finally, Newbridge Financial Services Group Inc. increased its stake in shares of Super Micro Computer by 8.3% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 4,897 shares of the company’s stock worth $143,000 after buying an additional 375 shares during the period. 84.06% of the stock is currently owned by institutional investors and hedge funds.

Super Micro Computer Trading Up 19.8%

The firm’s 50 day moving average price is $32.77 and its 200 day moving average price is $30.51. The stock has a market capitalization of $18.38 billion, a P/E ratio of 16.17, a P/E/G ratio of 0.30 and a beta of 1.94. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.66 and a quick ratio of 1.29.

Super Micro Computer (NASDAQ:SMCI) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.84 earnings per share for the quarter, topping the consensus estimate 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 analysts’ expectations of $12.39 billion. During the same quarter last year, the business posted $0.31 EPS. The business’s revenue was up 122.7% on a year-over-year basis. 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, Inc. will post 2.13 earnings per share for the current fiscal year.

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.