Rosenblatt Securities Cuts Super Micro Computer (NASDAQ:SMCI) Price Target to $32.00

Super Micro Computer (NASDAQ:SMCIGet Free Report) had its price target lowered by stock analysts at Rosenblatt Securities from $50.00 to $32.00 in a report released on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the stock. Rosenblatt Securities’ target price points to a potential upside of 34.41% from the stock’s current price.

Other equities research analysts have also recently issued research reports about the company. Argus restated a “hold” rating on shares of Super Micro Computer in a research note on Friday, March 20th. Sanford C. Bernstein cut their price objective on shares of Super Micro Computer from $42.00 to $37.00 and set a “market perform” rating on the stock in a report on Wednesday, February 4th. Needham & Company LLC reduced their price objective on shares of Super Micro Computer from $51.00 to $40.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. Raymond James Financial lowered their target price on shares of Super Micro Computer from $50.00 to $35.00 and set an “outperform” rating for the company in a report on Wednesday, February 4th. Finally, Barclays set a $38.00 price target on shares of Super Micro Computer and gave the stock an “equal weight” rating in a research note on Wednesday, February 4th. Four equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $37.07.

Read Our Latest Report on Super Micro Computer

Super Micro Computer Stock Up 7.1%

NASDAQ:SMCI traded up $1.58 during trading hours on Wednesday, hitting $23.81. The company’s stock had a trading volume of 32,162,522 shares, compared to its average volume of 36,717,828. Super Micro Computer has a 52-week low of $19.48 and a 52-week high of $62.36. The company has a current ratio of 1.70, a quick ratio of 1.01 and a debt-to-equity ratio of 0.67. The stock has a market capitalization of $14.26 billion, a P/E ratio of 17.77, a price-to-earnings-growth ratio of 0.42 and a beta of 1.52. The stock has a fifty day moving average of $30.82 and a 200-day moving average of $37.17.

Super Micro Computer (NASDAQ:SMCIGet Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.49 by $0.20. The company had revenue of $12.68 billion during the quarter, compared to the consensus estimate of $10.34 billion. Super Micro Computer had a return on equity of 13.22% and a net margin of 3.11%.Super Micro Computer’s revenue for the quarter was up 123.4% on a year-over-year basis. 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. On average, equities analysts forecast that Super Micro Computer will post 1.86 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Norges Bank acquired a new stake in shares of Super Micro Computer during the second quarter valued at $150,395,000. Focus Financial Network Inc. raised its stake in Super Micro Computer by 4,042.2% in the 3rd quarter. Focus Financial Network Inc. now owns 264,688 shares of the company’s stock valued at $12,689,000 after purchasing an additional 258,298 shares during the last quarter. BLKBRD Asset Management LP purchased a new position in Super Micro Computer in the 2nd quarter valued at about $9,486,000. KG&L Capital Management LLC purchased a new position in Super Micro Computer in the 3rd quarter valued at about $875,000. Finally, Global Retirement Partners LLC acquired a new stake in shares of Super Micro Computer during the 2nd quarter worth about $703,000. 84.06% of the stock is currently owned by institutional investors and hedge funds.

Key Super Micro Computer News

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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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