Super Micro Computer (NASDAQ:SMCI) Shares Down 1.3% – Here’s Why

Shares of Super Micro Computer, Inc. (NASDAQ:SMCI) traded down 1.3% during mid-day trading on Wednesday . The stock traded as low as $29.35 and last traded at $29.71. 16,725,296 shares changed hands during trading, a decline of 52% from the average session volume of 34,488,324 shares. The stock had previously closed at $30.11.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Citigroup dropped their target price on Super Micro Computer from $48.00 to $39.00 and set a “neutral” rating for the company in a research note on Tuesday, January 20th. KGI Securities raised shares of Super Micro Computer from a “neutral” rating to an “outperform” rating and set a $60.00 price objective for the company in a research note on Wednesday, November 5th. Rosenblatt Securities reiterated a “buy” rating and set a $55.00 price objective on shares of Super Micro Computer in a report on Monday, February 2nd. Wall Street Zen upgraded shares of Super Micro Computer from a “sell” rating to a “hold” rating in a report on Sunday. Finally, Sanford C. Bernstein dropped their price target 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. Five analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $43.43.

Super Micro Computer Price Performance

The company’s fifty day moving average is $30.97 and its 200 day moving average is $39.73. The company has a quick ratio of 1.01, a current ratio of 1.70 and a debt-to-equity ratio of 0.67. The stock has a market cap of $17.80 billion, a PE ratio of 22.17, a price-to-earnings-growth ratio of 0.59 and a beta of 1.53.

Super Micro Computer (NASDAQ:SMCI) last released its quarterly earnings data on Tuesday, February 3rd. The company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.20. Super Micro Computer had a net margin of 3.11% and a return on equity of 13.22%. The company had revenue of $12.68 billion during the quarter, compared to the consensus estimate of $10.34 billion. During the same period in the previous year, the firm earned $0.59 earnings per share. Super Micro Computer’s revenue for the quarter was up 123.4% on a year-over-year basis. Super Micro Computer has set its Q3 2026 guidance at 0.600- EPS. As a group, sell-side analysts anticipate that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in Super Micro Computer by 2.7% in the second quarter. Vanguard Group Inc. now owns 66,152,948 shares of the company’s stock worth $3,242,156,000 after purchasing an additional 1,745,179 shares in the last quarter. Norges Bank bought a new position in Super Micro Computer during the 2nd quarter worth approximately $150,395,000. Focus Financial Network Inc. grew its position in shares of Super Micro Computer by 4,042.2% in the 3rd quarter. Focus Financial Network Inc. now owns 264,688 shares of the company’s stock worth $12,689,000 after acquiring an additional 258,298 shares in the last quarter. BLKBRD Asset Management LP bought a new stake in shares of Super Micro Computer in the 2nd quarter valued at approximately $9,486,000. Finally, Thames Capital Management LLC acquired a new stake in shares of Super Micro Computer during the 2nd quarter valued at approximately $12,760,000. 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.