Super Micro Computer (NASDAQ:SMCI) Shares Up 2.3% – Still a Buy?

Super Micro Computer, Inc. (NASDAQ:SMCI) rose 2.3% during trading on Wednesday . The stock traded as high as $33.71 and last traded at $33.68. Approximately 16,134,483 shares changed hands during trading, a decline of 66% from the average daily volume of 47,104,879 shares. The stock had previously closed at $32.92.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Mizuho dropped their target price on shares of Super Micro Computer from $50.00 to $45.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 5th. Barclays reduced their price objective on Super Micro Computer from $45.00 to $43.00 and set an “equal weight” rating for the company in a research note on Wednesday, November 5th. Northland Securities set a $63.00 target price on Super Micro Computer in a research report on Wednesday, November 5th. The Goldman Sachs Group set a $34.00 price objective on shares of Super Micro Computer and gave the company a “sell” rating in a report on Wednesday, November 5th. Finally, Raymond James Financial decreased their target price on shares of Super Micro Computer from $53.00 to $50.00 and set an “outperform” rating for the company in a research report on Wednesday, November 5th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Super Micro Computer has an average rating of “Hold” and a consensus target price of $48.38.

Super Micro Computer Trading Up 1.3%

The firm has a 50-day moving average price of $44.51 and a 200-day moving average price of $45.62. The company has a current ratio of 5.39, a quick ratio of 2.95 and a debt-to-equity ratio of 0.72. The stock has a market capitalization of $20.71 billion, a PE ratio of 27.75, a price-to-earnings-growth ratio of 0.70 and a beta of 1.52.

Super Micro Computer (NASDAQ:SMCI) last posted its quarterly earnings data on Tuesday, November 4th. The company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.11). Super Micro Computer had a return on equity of 12.70% and a net margin of 3.77%.The company had revenue of $5.02 billion for the quarter, compared to analysts’ expectations of $6.48 billion. During the same quarter last year, the business posted $0.73 EPS. The business’s quarterly revenue was down 15.5% on a year-over-year basis. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. As a group, equities analysts forecast that Super Micro Computer, Inc. will post 1.86 EPS for the current fiscal year.

Insider Activity at Super Micro Computer

In other news, CFO David E. Weigand sold 25,000 shares of the stock in a transaction on Monday, September 15th. The stock was sold at an average price of $45.14, for a total transaction of $1,128,500.00. Following the completion of the transaction, the chief financial officer owned 100,188 shares in the company, valued at approximately $4,522,486.32. This represents a 19.97% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 16.30% of the stock is owned by corporate insiders.

Institutional Trading of Super Micro Computer

Several hedge funds and other institutional investors have recently modified their holdings of SMCI. Clear Street LLC bought a new position in Super Micro Computer in the 2nd quarter worth about $158,724,000. Clear Street Group Inc. purchased a new stake in Super Micro Computer in the 3rd quarter worth approximately $147,631,000. Norges Bank purchased a new position in shares of Super Micro Computer during the 2nd quarter valued at $150,395,000. Marshall Wace LLP grew its position in shares of Super Micro Computer by 596.4% during the 2nd quarter. Marshall Wace LLP now owns 3,437,714 shares of the company’s stock valued at $168,482,000 after purchasing an additional 2,944,049 shares in the last quarter. Finally, Vanguard Group Inc. grew its position in shares of Super Micro Computer by 4.1% during the 3rd quarter. Vanguard Group Inc. now owns 68,848,777 shares of the company’s stock valued at $3,300,610,000 after purchasing an additional 2,695,829 shares in the last quarter. Institutional investors own 84.06% of the company’s stock.

Super Micro Computer Company Profile

Super Micro Computer, Inc, together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.