Super Micro Computer (NASDAQ:SMCI) Stock Price Down 3.4% – Here’s What Happened

Super Micro Computer, Inc. (NASDAQ:SMCI)’s share price traded down 3.4% during trading on Friday . The company traded as low as $28.90 and last traded at $29.11. 23,965,395 shares were traded during trading, a decline of 25% from the average session volume of 32,153,875 shares. The stock had previously closed at $30.12.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on SMCI shares. Sanford C. Bernstein cut their price target on shares of Super Micro Computer from $46.00 to $42.00 and set a “market perform” rating on the stock in a report on Wednesday, November 5th. JPMorgan Chase & Co. dropped their target price on shares of Super Micro Computer from $43.00 to $40.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 5th. Northland Securities set a $63.00 price target on shares of Super Micro Computer in a research note on Wednesday, November 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of Super Micro Computer in a research note on Monday, December 29th. Finally, Rosenblatt Securities reduced their price objective on Super Micro Computer from $60.00 to $55.00 and set a “buy” rating for the company in a report on Wednesday, November 5th. Eight analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $46.19.

Super Micro Computer Stock Performance

The firm has a market capitalization of $17.38 billion, a PE ratio of 23.29, a PEG ratio of 0.64 and a beta of 1.54. The company has a quick ratio of 2.95, a current ratio of 5.39 and a debt-to-equity ratio of 0.72. The company has a 50-day moving average of $31.55 and a 200 day moving average of $42.01.

Super Micro Computer (NASDAQ:SMCI) last released its quarterly earnings results on Tuesday, November 4th. The company reported $0.35 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 during the quarter, compared to analysts’ expectations of $6.48 billion. During the same period in the prior year, the firm earned $0.73 EPS. Super Micro Computer’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. Equities research analysts predict that Super Micro Computer, Inc. will post 1.86 EPS for the current year.

Hedge Funds Weigh In On Super Micro Computer

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in Super Micro Computer by 2.7% during the 2nd quarter. Vanguard Group Inc. now owns 66,152,948 shares of the company’s stock valued at $3,242,156,000 after buying an additional 1,745,179 shares in the last quarter. Norges Bank bought a new stake in Super Micro Computer in the second quarter worth $150,395,000. Bank Hapoalim BM purchased a new stake in shares of Super Micro Computer in the second quarter worth $748,000. Fiduciary Planning LLC bought a new position in shares of Super Micro Computer during the second quarter valued at $255,000. Finally, Focus Financial Network Inc. raised 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 purchasing an additional 258,298 shares during the last quarter. 84.06% of the stock is currently owned by institutional investors.

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.