Super Micro Computer, Inc. (NASDAQ:SMCI) Receives $38.57 Average Target Price from Analysts

Super Micro Computer, Inc. (NASDAQ:SMCIGet Free Report) has earned a consensus recommendation of “Hold” from the eighteen research firms that are covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, twelve have given a hold recommendation and four have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $38.5714.

Several equities analysts recently issued reports on SMCI shares. Wedbush cut their price target on shares of Super Micro Computer from $42.00 to $34.00 and set a “neutral” rating for the company in a report on Wednesday, May 6th. CJS Securities upgraded shares of Super Micro Computer from a “market underperform” rating to a “market perform” rating in a research note on Wednesday, May 6th. Bank of America reduced their target price on Super Micro Computer from $34.00 to $24.00 and set an “underperform” rating on the stock in a report on Tuesday, March 24th. Mizuho raised their target price on Super Micro Computer from $36.00 to $44.00 and gave the company a “neutral” rating in a research note on Monday, June 1st. Finally, Wolfe Research started coverage on shares of Super Micro Computer in a research note on Thursday, June 11th. They issued a “peer perform” rating for the company.

Read Our Latest Stock Analysis on SMCI

Super Micro Computer Stock Performance

SMCI stock opened at $26.25 on Friday. The firm has a 50 day moving average of $33.60 and a two-hundred day moving average of $30.78. Super Micro Computer has a 12 month low of $19.48 and a 12 month high of $62.36. The company has a market capitalization of $15.79 billion, a price-to-earnings ratio of 13.89, a P/E/G ratio of 0.34 and a beta of 1.94. The company has a quick ratio of 1.29, a current ratio of 2.66 and a debt-to-equity ratio of 0.88.

Super Micro Computer (NASDAQ:SMCIGet Free Report) last posted its earnings results on Tuesday, May 5th. The company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.21. Super Micro Computer had a return on equity of 17.49% and a net margin of 3.70%.The firm had revenue of $10.24 billion during the quarter, compared to analyst estimates of $12.39 billion. During the same period in the previous year, the company earned $0.31 EPS. The company’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. As a group, equities analysts anticipate that Super Micro Computer will post 2.13 EPS for the current fiscal year.

Institutional Investors Weigh In On Super Micro Computer

A number of institutional investors and hedge funds have recently modified their holdings of the business. Flagship Harbor Advisors LLC bought a new stake in Super Micro Computer during the 4th quarter worth approximately $25,000. Elyxium Wealth LLC bought a new position in Super Micro Computer in the fourth quarter valued at approximately $26,000. Arax Advisory Partners acquired a new position in shares of Super Micro Computer in the fourth quarter valued at approximately $28,000. SHP Wealth Management acquired a new position in shares of Super Micro Computer in the fourth quarter valued at approximately $29,000. Finally, Concord Wealth Partners increased its position in shares of Super Micro Computer by 2,564.1% during the fourth quarter. Concord Wealth Partners now owns 1,039 shares of the company’s stock worth $30,000 after acquiring an additional 1,000 shares in the last quarter. 84.06% of the stock is owned by institutional investors.

Super Micro Computer News Summary

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

About Super Micro Computer

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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.

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