Super Micro Computer (NASDAQ:SMCI) Shares Up 2.1% on Analyst Upgrade

Shares of Super Micro Computer, Inc. (NASDAQ:SMCI) shot up 2.1% during mid-day trading on Thursday after Barclays raised their price target on the stock from $34.00 to $38.00. Barclays currently has an equal weight rating on the stock. Super Micro Computer traded as high as $32.59 and last traded at $31.20. 84,091,212 shares changed hands during trading, an increase of 91% from the average daily volume of 44,057,457 shares. The stock had previously closed at $30.56.

Other equities analysts have also issued reports about the company. JPMorgan Chase & Co. increased their price objective on Super Micro Computer from $28.00 to $32.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Rosenblatt Securities boosted their target price on Super Micro Computer from $32.00 to $40.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Needham & Company LLC upped their price target on Super Micro Computer from $40.00 to $46.00 and gave the company a “buy” rating in a research report on Wednesday. Mizuho lifted their price objective 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, Northland Securities lifted their price objective on Super Micro Computer from $22.00 to $34.00 in a report on Wednesday, May 6th. Four research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $39.21.

Super Micro Computer News Roundup

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

• Positive Sentiment: Super Micro’s preliminary Q4 update showed gross margins of 15% to 17%, far above prior guidance, suggesting better profitability from a stronger product and customer mix. Business Wire preliminary business update
• Positive Sentiment: The company said it received more than $60 billion in new orders, reinforcing demand for AI infrastructure and improving visibility into future growth. Reuters article
• Positive Sentiment: Supermicro also unveiled a new server portfolio powered by 6th Gen AMD EPYC CPUs and AMD Instinct GPUs, which could support cloud, HPC, and AI deployments. PR Newswire article
• Neutral Sentiment: Mizuho lowered its price target on SMCI and kept a neutral view, reflecting caution after the recent rally. Benzinga report
• Negative Sentiment: Some analysts warned that the strong preliminary margin update may not be enough to remove concerns about revenue execution and the durability of the recovery. Seeking Alpha rating downgrade

Hedge Funds Weigh In On Super Micro Computer

Several hedge funds have recently made changes to their positions in SMCI. Geode Capital Management LLC raised its stake in shares of Super Micro Computer by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 13,808,499 shares of the company’s stock valued at $402,627,000 after purchasing an additional 41,314 shares during the period. Invesco Ltd. boosted its stake in Super Micro Computer by 21.2% in the 4th quarter. Invesco Ltd. now owns 9,953,780 shares of the company’s stock worth $291,347,000 after purchasing an additional 1,738,749 shares during the period. Disciplined Growth Investors Inc. MN grew its holdings in Super Micro Computer by 16.5% during the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 9,730,773 shares of the company’s stock valued at $476,905,000 after buying an additional 1,381,046 shares in the last quarter. Norges Bank purchased a new position in Super Micro Computer during the 4th quarter valued at about $136,569,000. Finally, Dimensional Fund Advisors LP increased its position in shares of Super Micro Computer by 2.8% during the first quarter. Dimensional Fund Advisors LP now owns 4,082,780 shares of the company’s stock valued at $92,872,000 after buying an additional 111,388 shares during the period. 84.06% of the stock is currently owned by hedge funds and other institutional investors.

Super Micro Computer Stock Performance

The stock has a market capitalization of $18.76 billion, a P/E ratio of 16.51, a PEG ratio of 0.32 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. The company has a 50-day moving average price of $32.74 and a two-hundred day moving average price of $30.52.

Super Micro Computer (NASDAQ:SMCI) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.21. The company had revenue of $10.24 billion during the quarter, compared to analyst estimates of $12.39 billion. Super Micro Computer had a net margin of 3.70% and a return on equity of 17.49%. Super Micro Computer’s revenue was up 122.7% compared to the same quarter last year. During the same period last year, the business earned $0.31 earnings per share. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. Equities analysts expect that Super Micro Computer, Inc. will post 2.11 earnings per share for the current year.

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.