Investors Buy High Volume of Call Options on Super Micro Computer (NASDAQ:SMCI)

Super Micro Computer, Inc. (NASDAQ:SMCI) was the recipient of some unusual options trading on Wednesday. Stock traders purchased 390,768 call options on the stock. This represents an increase of approximately 51% compared to the typical daily volume of 259,139 call options.

Key Headlines Impacting Super Micro Computer

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

• Positive Sentiment: Blowout Q2 results — SMCI reported fiscal Q2 revenue of about $12.7B (up ~123% YoY) and non‑GAAP EPS $0.69, beating consensus on sales and EPS; markets reacted strongly to the surprise beat. BusinessWire: Q2 Results
• Positive Sentiment: Raised revenue guidance — management lifted FY2026 revenue guidance (to ~$40B) and issued Q3 revenue/EPS guidance above consensus, signaling continued AI/data‑center demand and supporting forward expectations. Reuters: Guidance Raise
• Positive Sentiment: Unusual bullish options flow — investors purchased ~390,768 SMCI call options (≈+51% vs. avg), indicating speculative/levered bullish positioning around the post‑earnings move.
• Positive Sentiment: Analyst support — several outlets and some brokerages reiterated buys or highlighted the beat and growth case post‑results, providing additional buy‑side validation. American Banking News: Rosenblatt Reiterates Buy
• Neutral Sentiment: Price target change — Needham lowered its price target from $51 to $40 but kept a “buy” rating, which tempers upside expectations even as the rating remains positive. The Fly: Needham PT Cut
• Neutral Sentiment: Extremely high volume — trading volume and post‑earnings moves are elevated, which can amplify volatility and create short‑term noise rather than reflect a durable trend.
• Negative Sentiment: Margin pressure — gross margin fell (to ~6.3% in the quarter) and management noted near‑term margin pressure; margin compression is the key risk to profitability despite revenue growth. Barron’s: Margins a Worry
• Negative Sentiment: Critical analysis/questions on sustainability — some analysts/commentators call the record beat a potential red flag and warn that the spike may be driven by concentrated, short‑cycle AI demand rather than sustainable margin expansion. Seeking Alpha: Critical Take

Super Micro Computer Trading Up 13.8%

NASDAQ:SMCI traded up $4.09 on Wednesday, reaching $33.76. 115,046,626 shares of the stock traded hands, compared to its average volume of 35,601,656. The company has a current ratio of 5.39, a quick ratio of 2.95 and a debt-to-equity ratio of 0.72. Super Micro Computer has a 1-year low of $27.60 and a 1-year high of $66.44. The company’s 50 day moving average is $31.36 and its 200-day moving average is $41.39. The firm has a market capitalization of $20.15 billion, a price-to-earnings ratio of 27.01, a price-to-earnings-growth ratio of 0.61 and a beta of 1.53.

Super Micro Computer (NASDAQ:SMCI) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.49 by $0.20. The company had revenue of $12.68 billion for the quarter, compared to the consensus estimate of $10.34 billion. Super Micro Computer had a return on equity of 12.70% and a net margin of 3.77%.The firm’s revenue was up 123.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.59 EPS. Super Micro Computer has set its Q3 2026 guidance at 0.600- EPS. Equities research analysts anticipate that Super Micro Computer will post 1.86 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

SMCI has been the topic of a number of analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Super Micro Computer in a research report on Monday, December 29th. The Goldman Sachs Group set a $26.00 price objective on shares of Super Micro Computer and gave the stock a “sell” rating in a research note on Tuesday, January 13th. KGI Securities upgraded shares of Super Micro Computer from a “neutral” rating to an “outperform” rating and set a $60.00 target price for the company in a research report on Wednesday, November 5th. Barclays set a $38.00 price target on shares of Super Micro Computer and gave the stock an “equal weight” rating in a research report on Wednesday. Finally, Raymond James Financial lowered their price objective on shares of Super Micro Computer from $53.00 to $50.00 and set an “outperform” rating for the company in a research report on Wednesday, November 5th. Eight research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $45.31.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of SMCI. Anfield Capital Management LLC purchased a new stake in Super Micro Computer in the second quarter worth $25,000. Twin Peaks Wealth Advisors LLC bought a new stake in Super Micro Computer in the 2nd quarter valued at about $25,000. Flagship Harbor Advisors LLC purchased a new position in shares of Super Micro Computer in the fourth quarter worth about $25,000. Armstrong Advisory Group Inc. bought a new position in Super Micro Computer in the 3rd quarter worth approximately $29,000. Finally, Concord Wealth Partners grew 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 valued at $30,000 after buying an additional 1,000 shares in the last quarter. Hedge funds and other institutional investors own 84.06% of the company’s stock.

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.