Renaissance Technologies LLC Purchases Shares of 59,400 Super Micro Computer, Inc. $SMCI

Renaissance Technologies LLC acquired a new position in Super Micro Computer, Inc. (NASDAQ:SMCI) during the 1st quarter, HoldingsChannel reports. The fund acquired 59,400 shares of the company’s stock, valued at approximately $1,353,000.

Several other institutional investors have also recently made changes to their positions in the company. Flagship Harbor Advisors LLC purchased a new stake in Super Micro Computer during the fourth quarter worth $25,000. Elyxium Wealth LLC purchased a new position in Super Micro Computer in the fourth quarter valued at $26,000. Arax Advisory Partners acquired a new stake in shares of Super Micro Computer during the 4th quarter valued at about $28,000. SHP Wealth Management purchased a new position in shares of Super Micro Computer in the 4th quarter valued at about $29,000. Finally, Concord Wealth Partners increased its stake in shares of Super Micro Computer by 2,564.1% in the 4th quarter. Concord Wealth Partners now owns 1,039 shares of the company’s stock valued at $30,000 after purchasing an additional 1,000 shares in the last quarter. 84.06% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on SMCI. The Goldman Sachs Group reiterated a “sell” rating and set a $34.00 price target (up from $30.00) on shares of Super Micro Computer in a research report on Wednesday. Weiss Ratings restated a “hold (c)” rating on shares of Super Micro Computer in a research report on Wednesday, June 24th. Citigroup increased their target price on Super Micro Computer from $33.00 to $39.00 and gave the company a “neutral” rating in a research report on Wednesday. Northland Securities set a $36.00 price target on shares of Super Micro Computer in a research note on Wednesday, July 22nd. Finally, Wolfe Research began coverage on shares of Super Micro Computer in a report on Thursday, June 11th. They issued a “peer perform” rating for the company. Four analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Super Micro Computer has a consensus rating of “Hold” and an average target price of $42.13.

Super Micro Computer Stock Performance

SMCI opened at $39.16 on Friday. The firm has a market capitalization of $23.55 billion, a PE ratio of 12.24, a PEG ratio of 0.45 and a beta of 1.95. Super Micro Computer, Inc. has a twelve month low of $19.48 and a twelve month high of $58.78. The firm’s 50-day moving average price is $30.23 and its 200 day moving average price is $30.53. The company has a current ratio of 2.66, a quick ratio of 1.29 and a debt-to-equity ratio of 0.88.

Super Micro Computer (NASDAQ:SMCI) last released its quarterly earnings data on Tuesday, August 11th. The company reported $1.70 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.78. Super Micro Computer had a net margin of 5.71% and a return on equity of 31.02%. The company had revenue of $11.12 billion during the quarter, compared to the consensus estimate of $11.60 billion. During the same quarter in the prior year, the firm earned $0.31 EPS. Super Micro Computer’s quarterly revenue was up 93.2% on a year-over-year basis. Super Micro Computer has set its Q1 2027 guidance at 1.010-1.100 EPS. As a group, sell-side analysts expect that Super Micro Computer, Inc. will post 2.97 EPS for the current fiscal year.

Key Stories Impacting Super Micro Computer

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

• Positive Sentiment: Exceptional earnings and backlog support the rally. Super Micro reported fiscal fourth-quarter adjusted EPS of $1.70, well above the $0.92 consensus estimate, while revenue rose 93% year over year to $11.12 billion. Management also disclosed more than $60 billion in orders entering fiscal 2027, signaling robust demand for AI infrastructure. Stocks making the biggest moves midday
• Positive Sentiment: Fiscal 2027 guidance exceeded expectations. The company forecast revenue of approximately $65 billion to $72 billion for fiscal 2027, supported by continued AI-server demand, customer diversification and higher-margin enterprise and channel sales. Enterprise and channel revenue reportedly increased 172% to $5.6 billion. Super Micro Stock Extends Rally After Blockbuster Earnings
• Positive Sentiment: Improved margins strengthened investor confidence. Fourth-quarter gross margin reached roughly 17.5%-17.6%, above prior expectations, suggesting that delayed lower-margin data-center projects and a broader customer mix helped profitability. Analysts including Rosenblatt and Needham raised their price targets, with targets as high as $51 and $46, respectively. Super Micro Stock Is on a Tear
• Neutral Sentiment: AI-sector enthusiasm is providing a broader lift. Strong results from Lenovo and other AI-infrastructure companies reinforced expectations that data-center spending remains durable, benefiting Super Micro and peers such as Dell and Hewlett Packard Enterprise. Super Micro, Dell, and HP Jump After Strong Lenovo Earnings
• Negative Sentiment: Execution and cash-flow risks remain. Quarterly revenue fell short of consensus, while first-quarter fiscal 2027 margin guidance is substantially lower at about 10.4%-10.8%. Analysts also caution that rapid growth could consume much of the company’s cash through working-capital needs, with inventory risk if large customer orders are delayed or canceled. Super Micro Computer: Strong Quarter And Outlook, But Concerns Remain

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.