Wedbush Cuts Super Micro Computer (NASDAQ:SMCI) Price Target to $34.00

Super Micro Computer (NASDAQ:SMCI) had its price target dropped by analysts at Wedbush from $42.00 to $34.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Wedbush’s price target indicates a potential upside of 4.63% from the company’s previous close.

A number of other research analysts have also weighed in on the company. CJS Securities reissued a “market underperform” rating on shares of Super Micro Computer in a research note on Friday, March 20th. Wall Street Zen upgraded Super Micro Computer from a “sell” rating to a “hold” rating in a research note on Sunday, February 15th. JPMorgan Chase & Co. reduced their target price on Super Micro Computer from $40.00 to $28.00 and set a “neutral” rating on the stock in a research report on Thursday, April 16th. Northland Securities reissued a “market perform” rating and issued a $22.00 price target on shares of Super Micro Computer in a research note on Monday, March 23rd. Finally, Citigroup restated a “neutral” rating on shares of Super Micro Computer in a report on Wednesday. Four analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $35.36.

Super Micro Computer Stock Performance

Shares of NASDAQ SMCI opened at $32.50 on Wednesday. The company has a 50-day simple moving average of $27.57 and a 200-day simple moving average of $32.57. 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 company has a market cap of $19.46 billion, a PE ratio of 24.40, a price-to-earnings-growth ratio of 0.52 and a beta of 1.69. Super Micro Computer has a 12 month low of $19.48 and a 12 month high of $62.36.

Super Micro Computer (NASDAQ:SMCI) last announced its earnings results on Tuesday, May 5th. The company reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.21. Super Micro Computer had a net margin of 3.11% and a return on equity of 13.22%. The firm had revenue of $10.24 billion for the quarter, compared to analyst estimates of $12.39 billion. During the same quarter last year, the business earned $0.31 earnings per share. Super Micro Computer’s revenue was up 122.7% compared to the same quarter last year. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. On average, equities analysts anticipate that Super Micro Computer will post 1.9 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Hazlett Burt & Watson Inc. grew its position in Super Micro Computer by 68.6% during the third quarter. Hazlett Burt & Watson Inc. now owns 661 shares of the company’s stock valued at $31,000 after acquiring an additional 269 shares during the period. Flagship Harbor Advisors LLC acquired a new stake in Super Micro Computer during the fourth quarter worth about $25,000. Elyxium Wealth LLC purchased a new position in shares of Super Micro Computer in the 4th quarter worth about $26,000. Arax Advisory Partners acquired a new position in shares of Super Micro Computer in the 4th quarter valued at about $28,000. Finally, SHP Wealth Management acquired a new position in shares of Super Micro Computer in the 4th quarter valued at about $29,000. 84.06% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Super Micro Computer

Here are the key news stories impacting Super Micro Computer this week:

• Positive Sentiment: Q3 beat and strong Q4 guide — SMCI reported $0.84 EPS vs. $0.63 expected, posted improving margins and issued Q4 revenue guidance well above consensus ($11.0B–$12.5B vs. ~11.1B), which underpins the bullish near‑term thesis on AI server demand. Super Micro bets on AI server demand to provide upbeat forecast, shares soar
• Positive Sentiment: Market reaction — Investors rewarded the guidance and margin recovery: shares jumped sharply in after‑hours and premarket trading, reflecting renewed optimism about SMCI’s revenue trajectory and profitability recovery. Super Micro stock jumps 19% on guidance beat as revenue more than doubles
• Positive Sentiment: Analyst support — Needham reaffirmed a “buy” and set a $40 price target, signaling institutional optimism that the company can continue to capture AI infrastructure demand. Benzinga
• Neutral Sentiment: Sector tailwind — Broader tech and chip strength lifted futures and likely helped SMCI’s move today, so some gains may be driven by macro/sector momentum rather than company‑specific news. Tech Stocks Rocket Higher on Chip Strength, Easing Oil and Iran Deal Hopes
• Neutral Sentiment: Earnings materials available — Management’s slide deck and call transcript provide detail behind the beat/guidance; review for backlog, customer mix and margin drivers to assess sustainability. Super Micro Computer, Inc. 2026 Q3 – Results – Earnings Call Presentation
• Negative Sentiment: Alleged export‑control violations / indictment — A recent investor alert cites a federal indictment alleging roughly $2.5B of sales were illegal, a material legal and reputational risk that could trigger fines, remediation costs or loss of customers. This remains an overhang until resolved. SMCI Investor Alert: Super Micro Computer Securities Fraud Lawsuit – Investors With Losses May Seek to Lead the Class Action After Allegedly Diverting AI Servers Illegally: Levi & Korsinsky
• Negative Sentiment: Multiple class‑action notices and law‑firm reminders — Numerous firms are soliciting lead‑plaintiff motions (deadlines May 26), increasing the likelihood of consolidated litigation and potential shareholder damages claims. Super-Micro-Computer-Inc-Notice-of-May-26-2026-Application-Deadline-for-Class-Action-Lawsuits
• Negative Sentiment: Analyst caution / governance concerns — Several analysts and pieces argue governance and operational risks remain elevated (customer churn risk cited), which could limit upside if legal and contract risks persist. Super Micro Computer: Get Out Before Earnings

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.