Super Micro Computer (NASDAQ:SMCI) Shares Up 1.4% – Should You Buy?

Super Micro Computer, Inc. (NASDAQ:SMCI)’s share price shot up 1.4% during trading on Tuesday . The stock traded as high as $31.37 and last traded at $31.13. 17,874,725 shares were traded during mid-day trading, a decline of 47% from the average session volume of 33,651,027 shares. The stock had previously closed at $30.71.

Analysts Set New Price Targets

A number of research firms have weighed in on SMCI. Barclays set a $38.00 target price on Super Micro Computer and gave the stock an “equal weight” rating in a report on Wednesday, February 4th. KGI Securities upgraded Super Micro Computer from a “neutral” rating to an “outperform” rating and set a $60.00 target price for the company in a research note on Wednesday, November 5th. Raymond James Financial dropped their price objective on shares of Super Micro Computer from $50.00 to $35.00 and set an “outperform” rating on the stock in a report on Wednesday, February 4th. JPMorgan Chase & Co. dropped their price objective 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. Finally, Mizuho set a $33.00 price objective on Super Micro Computer in a report on Wednesday, February 4th. Five research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $43.43.

Super Micro Computer Stock Up 1.4%

The company has a debt-to-equity ratio of 0.67, a current ratio of 1.70 and a quick ratio of 1.01. The firm’s 50-day moving average price is $30.82 and its 200 day moving average price is $39.14. The firm has a market capitalization of $18.65 billion, a price-to-earnings ratio of 23.23, a price-to-earnings-growth ratio of 0.63 and a beta of 1.53.

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

Hedge Funds Weigh In On Super Micro Computer

A number of hedge funds have recently modified their holdings of the stock. Anfield Capital Management LLC acquired a new stake in shares of Super Micro Computer in the 2nd quarter valued at approximately $25,000. Twin Peaks Wealth Advisors LLC bought a new position in Super Micro Computer in the 2nd quarter valued at about $25,000. Flagship Harbor Advisors LLC bought a new position in Super Micro Computer during the 4th quarter worth $25,000. Elyxium Wealth LLC acquired a new stake in Super Micro Computer in the 4th quarter worth about $26,000. Finally, Arax Advisory Partners acquired a new position in Super Micro Computer in the 4th quarter valued at $28,000. 84.06% of the stock is currently owned by institutional investors and hedge funds.

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.