Super Micro Computer (NASDAQ:SMCI) Stock Price Down 11.2% – What’s Next?

Super Micro Computer, Inc. (NASDAQ:SMCI)’s stock price was down 11.2% during mid-day trading on Friday . The company traded as low as $41.04 and last traded at $41.64. Approximately 46,691,036 shares traded hands during mid-day trading, an increase of 23% from the average daily volume of 38,006,961 shares. The stock had previously closed at $46.90.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on SMCI. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Super Micro Computer in a report on Friday, March 27th. CJS Securities raised shares of Super Micro Computer from a “market underperform” rating to a “market perform” rating in a report on Wednesday, May 6th. JPMorgan Chase & Co. raised their price target on shares of Super Micro Computer from $28.00 to $32.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Citigroup reaffirmed a “neutral” rating and issued a $31.00 price objective (up from $25.00) on shares of Super Micro Computer in a report on Wednesday, May 6th. Finally, Barclays decreased their price objective on shares of Super Micro Computer from $38.00 to $34.00 and set an “equal weight” rating for the company in a research report on Wednesday, May 6th. Four research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Super Micro Computer currently has an average rating of “Hold” and an average price target of $39.00.

Super Micro Computer Stock Down 11.2%

The business’s 50 day moving average is $30.67 and its 200-day moving average is $31.07. The stock has a market cap of $25.04 billion, a price-to-earnings ratio of 22.03, a PEG ratio of 0.79 and a beta of 1.87. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.29 and a current ratio of 2.66.

Super Micro Computer (NASDAQ:SMCI) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.84 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.21. Super Micro Computer had a net margin of 3.70% and a return on equity of 17.49%. The company had revenue of $10.24 billion during the quarter, compared to analysts’ expectations of $12.39 billion. During the same period in the prior year, the business posted $0.31 earnings per share. The firm’s revenue for the quarter was up 122.7% on a year-over-year basis. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. On average, sell-side analysts predict that Super Micro Computer, Inc. will post 2.12 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC purchased a new stake in shares of Super Micro Computer during the fourth quarter worth $25,000. Elyxium Wealth LLC purchased a new stake in Super Micro Computer during the 4th quarter valued at about $26,000. Arax Advisory Partners acquired a new stake in Super Micro Computer in the 4th quarter valued at about $28,000. SHP Wealth Management acquired a new stake in Super Micro Computer in the 4th quarter valued at about $29,000. Finally, Concord Wealth Partners lifted its stake in Super Micro Computer by 2,564.1% in the 4th quarter. Concord Wealth Partners now owns 1,039 shares of the company’s stock worth $30,000 after purchasing an additional 1,000 shares in the last quarter. 84.06% of the stock is owned by institutional investors and hedge funds.

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.