Super Micro Computer (NASDAQ:SMCI) Shares Down 2.9% – Should You Sell?

Super Micro Computer, Inc. (NASDAQ:SMCI)’s stock price fell 2.9% during mid-day trading on Friday . The company traded as low as $31.12 and last traded at $31.31. 20,952,030 shares traded hands during mid-day trading, a decline of 36% from the average session volume of 32,526,695 shares. The stock had previously closed at $32.24.

Analyst Upgrades and Downgrades

SMCI has been the subject of a number of research reports. The Goldman Sachs Group increased their target price on Super Micro Computer from $26.00 to $27.00 and gave the company a “sell” rating in a research report on Wednesday, February 4th. Wall Street Zen upgraded shares of Super Micro Computer from a “sell” rating to a “hold” rating in a research report on Sunday, February 15th. Citigroup decreased their price target on shares of Super Micro Computer from $48.00 to $39.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 20th. Sanford C. Bernstein lowered their price objective 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. Finally, Mizuho set a $33.00 price objective on shares of Super Micro Computer in a research note on Wednesday, February 4th. Five 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, Super Micro Computer has an average rating of “Hold” and an average price target of $43.43.

Super Micro Computer Trading Down 2.9%

The stock has a market cap of $18.75 billion, a PE ratio of 23.37, a PEG ratio of 0.62 and a beta of 1.52. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.01 and a current ratio of 1.70. The stock has a fifty day moving average price of $31.08 and a 200 day moving average price of $38.35.

Super Micro Computer (NASDAQ:SMCI) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.20. The company 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%.Super Micro Computer’s quarterly revenue was up 123.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.59 EPS. Super Micro Computer has set its Q3 2026 guidance at 0.600- EPS. Equities analysts expect that Super Micro Computer, Inc. will post 1.86 EPS for the current year.

Institutional Investors Weigh In On Super Micro Computer

Several institutional investors have recently made changes to their positions in SMCI. Tokio Marine Asset Management Co. Ltd. grew its holdings in Super Micro Computer by 1.4% during the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 19,374 shares of the company’s stock valued at $929,000 after purchasing an additional 266 shares during the last quarter. Hazlett Burt & Watson Inc. lifted its stake in Super Micro Computer by 68.6% in the third quarter. Hazlett Burt & Watson Inc. now owns 661 shares of the company’s stock worth $31,000 after purchasing an additional 269 shares during the last quarter. Fairscale Capital LLC lifted its stake in Super Micro Computer by 12.5% in the third quarter. Fairscale Capital LLC now owns 2,693 shares of the company’s stock worth $129,000 after purchasing an additional 300 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its position in shares of Super Micro Computer by 14.2% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 2,459 shares of the company’s stock valued at $118,000 after buying an additional 305 shares during the period. Finally, WealthPlan Investment Management LLC boosted its position in shares of Super Micro Computer by 4.6% during the third quarter. WealthPlan Investment Management LLC now owns 6,891 shares of the company’s stock valued at $330,000 after buying an additional 305 shares during the period. Institutional investors own 84.06% of the company’s stock.

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.