Super Micro Computer (NASDAQ:SMCI) Trading Up 6.4% – What’s Next?

Super Micro Computer, Inc. (NASDAQ:SMCI) rose 6.4% during trading on Wednesday . The company traded as high as $32.96 and last traded at $32.65. Approximately 31,363,590 shares were traded during trading, a decline of 5% from the average daily volume of 33,002,195 shares. The stock had previously closed at $30.68.

Analyst Ratings Changes

Several brokerages recently commented on SMCI. Sanford C. Bernstein dropped their price target on shares of Super Micro Computer from $42.00 to $37.00 and set a “market perform” rating for the company in a research report on Wednesday, February 4th. Wedbush reduced their target price on shares of Super Micro Computer from $48.00 to $42.00 and set a “neutral” rating on the stock in a report on Wednesday, November 5th. Needham & Company LLC dropped their target price on Super Micro Computer from $51.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. Rosenblatt Securities restated a “buy” rating and issued a $55.00 price target on shares of Super Micro Computer in a report on Monday, February 2nd. Finally, Argus set a $64.00 price target on shares of Super Micro Computer in a report on Thursday, November 6th. Five investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $43.43.

Super Micro Computer Price Performance

The company has a quick ratio of 1.01, a current ratio of 1.70 and a debt-to-equity ratio of 0.67. The company has a 50 day simple moving average of $30.98 and a 200-day simple moving average of $38.57. The stock has a market cap of $19.56 billion, a price-to-earnings ratio of 24.37, a PEG ratio of 0.63 and a beta of 1.52.

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

Institutional Investors Weigh In On Super Micro Computer

Large investors have recently modified their holdings of the stock. Norges Bank purchased a new position in Super Micro Computer during the 4th quarter valued at about $136,569,000. Clear Street LLC acquired a new stake in shares of Super Micro Computer in the second quarter worth $158,724,000. Clear Street Group Inc. bought a new position in Super Micro Computer in the 3rd quarter worth $147,631,000. Marshall Wace LLP increased its stake in shares of Super Micro Computer by 596.4% in the second quarter. Marshall Wace LLP now owns 3,437,714 shares of the company’s stock worth $168,482,000 after purchasing an additional 2,944,049 shares during the period. Finally, Vanguard Group Inc. lifted its holdings in shares of Super Micro Computer by 4.1% during the third quarter. Vanguard Group Inc. now owns 68,848,777 shares of the company’s stock worth $3,300,610,000 after buying an additional 2,695,829 shares during the last quarter. 84.06% of the stock is owned by 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.