Super Micro Computer (NASDAQ:SMCI) Shares Down 1.4% – Time to Sell?

Super Micro Computer, Inc. (NASDAQ:SMCI)’s stock price was down 1.4% during trading on Tuesday . The company traded as low as $29.58 and last traded at $30.11. Approximately 20,271,857 shares traded hands during mid-day trading, a decline of 42% from the average daily volume of 35,058,137 shares. The stock had previously closed at $30.54.

Wall Street Analyst Weigh In

SMCI has been the subject of a number of analyst reports. Zacks Research raised shares of Super Micro Computer from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. JPMorgan Chase & Co. decreased their price objective on Super Micro Computer from $43.00 to $40.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 5th. Mizuho set a $33.00 target price on Super Micro Computer in a report on Wednesday, February 4th. Barclays set a $38.00 target price on Super Micro Computer and gave the company an “equal weight” rating in a research report on Wednesday, February 4th. Finally, Raymond James Financial lowered their price target on Super Micro Computer from $50.00 to $35.00 and set an “outperform” rating for the company in a research report on Wednesday, February 4th. Six analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $43.43.

Super Micro Computer Trading Down 1.4%

The stock has a fifty day moving average of $31.07 and a 200-day moving average of $39.92. The company has a market cap of $18.04 billion, a PE ratio of 23.14, a PEG ratio of 0.59 and a beta of 1.53. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.01 and a current ratio of 1.70.

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

Hedge Funds Weigh In On Super Micro Computer

A number of institutional investors have recently modified their holdings of the stock. Anfield Capital Management LLC purchased a new stake in shares of Super Micro Computer during the 2nd quarter worth $25,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Super Micro Computer in the 2nd quarter valued at about $25,000. Armstrong Advisory Group Inc. bought a new stake in shares of Super Micro Computer in the 3rd quarter valued at about $29,000. Hazlett Burt & Watson Inc. raised its stake in shares of Super Micro Computer by 68.6% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 661 shares of the company’s stock worth $31,000 after acquiring an additional 269 shares in the last quarter. Finally, Orion Capital Management LLC purchased a new stake in Super Micro Computer during the second quarter valued at approximately $39,000. 84.06% of the stock is owned by hedge funds and other institutional investors.

Super Micro Computer Company Profile

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.