Super Micro Computer (NASDAQ:SMCI) Price Target Raised to $39.00 at Citigroup

Super Micro Computer (NASDAQ:SMCI) had its target price upped by stock analysts at Citigroup from $33.00 to $39.00 in a report released on Wednesday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Citigroup’s price objective indicates a potential upside of 2.90% from the company’s previous close.

SMCI has been the topic of several other research reports. CJS Securities raised shares of Super Micro Computer from a “market underperform” rating to a “market perform” rating in a research note on Wednesday, May 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Super Micro Computer in a research note on Wednesday, June 24th. Sanford C. Bernstein reiterated a “market perform” rating on shares of Super Micro Computer in a report on Wednesday. Bank of America reissued an “underperform” rating on shares of Super Micro Computer in a research report on Wednesday. Finally, JPMorgan Chase & Co. raised their price objective on shares of Super Micro Computer from $28.00 to $32.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Four analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $41.80.

Super Micro Computer Trading Up 19.9%

Shares of Super Micro Computer stock traded up $6.30 on Wednesday, reaching $37.90. The company had a trading volume of 127,914,191 shares, compared to its average volume of 44,520,566. The firm has a market cap of $22.79 billion, a price-to-earnings ratio of 20.05, a P/E/G ratio of 0.37 and a beta of 1.95. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.66 and a quick ratio of 1.29. The firm’s 50-day moving average price is $30.58 and its two-hundred day moving average price is $30.44. Super Micro Computer has a 1 year low of $19.48 and a 1 year high of $58.78.

Super Micro Computer (NASDAQ:SMCI) last released its quarterly earnings results on Tuesday, August 11th. The company reported $1.70 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.78. The company had revenue of $11.12 billion for the quarter, compared to analyst estimates of $11.60 billion. Super Micro Computer had a return on equity of 17.49% and a net margin of 3.70%.Super Micro Computer’s quarterly revenue was up 93.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.31 EPS. Super Micro Computer has set its Q1 2027 guidance at 1.010-1.100 EPS. As a group, research analysts predict that Super Micro Computer will post 2.1 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in SMCI. OVERSEA CHINESE BANKING Corp Ltd raised its position in shares of Super Micro Computer by 210.8% in the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 49,806 shares of the company’s stock valued at $1,498,000 after purchasing an additional 33,782 shares during the last quarter. Quantinno Capital Management LP boosted its stake in Super Micro Computer by 49.0% in the 1st quarter. Quantinno Capital Management LP now owns 155,225 shares of the company’s stock worth $3,534,000 after purchasing an additional 51,049 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in Super Micro Computer by 54.7% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 107,789 shares of the company’s stock worth $3,155,000 after purchasing an additional 38,098 shares during the last quarter. Sei Investments Co. grew its position in Super Micro Computer by 134.8% during the 1st quarter. Sei Investments Co. now owns 144,238 shares of the company’s stock worth $3,284,000 after purchasing an additional 82,820 shares during the last quarter. Finally, Generali Asset Management SPA SGR increased its stake in Super Micro Computer by 235.2% during the 4th quarter. Generali Asset Management SPA SGR now owns 70,389 shares of the company’s stock valued at $2,060,000 after purchasing an additional 49,389 shares in the last quarter. 84.06% of the stock is currently owned by institutional investors.

Trending Headlines about Super Micro Computer

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

• Positive Sentiment: Super Micro reported fourth-quarter adjusted EPS of $1.70, well above the roughly $0.92 analyst consensus and up sharply from $0.31 a year earlier. Revenue rose 93.2% year over year to $11.12 billion, supported by AI-server demand, record orders and stronger profitability. Revenue was nevertheless slightly below the $11.60 billion consensus. Super Micro Computer Q4 Earnings Beat Estimates, Revenues Rise Y/Y
• Positive Sentiment: Management forecast fiscal 2027 revenue of $65 billion to $72 billion, far above the approximately $53.1 billion consensus estimate. First-quarter fiscal 2027 revenue guidance of $14.5 billion to $15.5 billion and EPS guidance of $1.01 to $1.10 also exceeded Wall Street expectations. The company cited AI-driven growth, a record backlog, enterprise demand and expansion of its direct-liquid-cooling business. Super Micro forecasts upbeat annual revenue
• Positive Sentiment: Analysts raised their valuations following the report. Rosenblatt lifted its price target to $51 and reaffirmed a buy rating, while Needham maintained a buy rating with a $46 target. Wedbush raised its target to $40 but retained a neutral rating. Analysts Boost Forecasts on Super Micro Computer
• Neutral Sentiment: Broader technology shares also benefited from evidence that demand for AI data-center capacity remains strong, with upbeat results from CoreWeave and Super Micro supporting the sector. In-line July CPI data provided a generally supportive backdrop for growth stocks.
• Negative Sentiment: Investors remain concerned about margin volatility. Although fourth-quarter gross margin reached approximately 17.6%, management indicated that first-quarter margins could decline substantially as product mix shifts toward lower-margin enterprise business. The company also offered no firm free-cash-flow commitment, keeping execution and cash generation as risks. Super Micro Computer: A Good Quarter, But The Same Turbulent Margins

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.