Super Micro Computer (NASDAQ:SMCI) Trading Up 5.6% – Here’s What Happened

Super Micro Computer, Inc. (NASDAQ:SMCI) shares rose 5.6% on Monday . The company traded as high as $44.74 and last traded at $43.99. Approximately 31,252,442 shares were traded during mid-day trading, a decline of 18% from the average daily volume of 37,969,430 shares. The stock had previously closed at $41.64.

Wall Street Analysts Forecast Growth

SMCI has been the topic of a number of research reports. The Goldman Sachs Group restated a “sell” rating on shares of Super Micro Computer in a report on Wednesday, May 6th. CJS Securities upgraded Super Micro Computer from a “market underperform” rating to a “market perform” rating in a report on Wednesday, May 6th. Raymond James Financial restated an “outperform” rating and issued a $45.00 price target on shares of Super Micro Computer in a report on Wednesday, May 6th. Mizuho upped their price target on Super Micro Computer from $36.00 to $44.00 and gave the stock a “neutral” rating in a report on Monday, June 1st. Finally, Argus restated a “hold” rating on shares of Super Micro Computer in a report on Friday, March 20th. Four investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Super Micro Computer presently has a consensus rating of “Hold” and an average price target of $39.00.

Super Micro Computer Trading Up 5.6%

The business has a fifty day simple moving average of $31.02 and a 200 day simple moving average of $31.13. The stock has a market cap of $26.46 billion, a price-to-earnings ratio of 23.28, a PEG ratio of 0.69 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 announced its earnings results on Tuesday, May 5th. The company reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.21. The firm had revenue of $10.24 billion for the quarter, compared to analysts’ expectations of $12.39 billion. Super Micro Computer had a return on equity of 17.49% and a net margin of 3.70%.Super Micro Computer’s quarterly revenue was up 122.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.31 EPS. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. As a group, equities analysts anticipate that Super Micro Computer, Inc. will post 2.12 EPS for the current year.

Institutional Investors Weigh In On Super Micro Computer

A number of large investors have recently bought and sold shares of SMCI. Flagship Harbor Advisors LLC acquired a new stake in Super Micro Computer during the 4th quarter valued at $25,000. Elyxium Wealth LLC acquired a new stake in Super Micro Computer during the 4th quarter valued at $26,000. Arax Advisory Partners acquired a new stake in Super Micro Computer during the 4th quarter valued at $28,000. SHP Wealth Management acquired a new stake in Super Micro Computer during the 4th quarter valued at $29,000. Finally, Concord Wealth Partners grew its holdings in Super Micro Computer by 2,564.1% during the 4th quarter. Concord Wealth Partners now owns 1,039 shares of the company’s stock valued at $30,000 after buying an additional 1,000 shares during the last quarter. Institutional investors and hedge funds own 84.06% of the company’s stock.

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.