Super Micro Computer (NASDAQ:SMCI) Trading 7% Higher – What’s Next?

Super Micro Computer, Inc. (NASDAQ:SMCI) rose 7% during trading on Tuesday . The company traded as high as $25.54 and last traded at $25.50. 38,634,849 shares were traded during trading, a decline of 9% from the average daily volume of 42,690,367 shares. The stock had previously closed at $23.83.

More Super Micro Computer News

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

• Positive Sentiment: Super Micro’s record order backlog and more than $60 billion in new bookings signal strong AI infrastructure demand, which has fueled buying in the stock. Reuters article
• Positive Sentiment: The company’s much higher gross margin guidance points to better profitability ahead and helped investors view the quarter as a meaningful fundamental upside surprise. WSJ article
• Positive Sentiment: Needham raised its FY2027 EPS estimate to $3.16 from $2.94, reflecting improved earnings expectations following the update.
• Positive Sentiment: Barclays also increased its price target, another sign that analysts are becoming more constructive on SMCI after the preliminary results.
• Neutral Sentiment: Northland Securities lowered its Q3 2027 EPS estimate to $0.80 from $0.86, but still sees solid full-year FY2027 earnings of $3.16 per share.
• Negative Sentiment: Revenue for the quarter was still expected to land near the low end of guidance, showing that the rally is being driven more by margins and backlog than by top-line strength.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on SMCI. Weiss Ratings restated a “hold (c)” rating on shares of Super Micro Computer in a report on Wednesday, June 24th. Citigroup reaffirmed a “neutral” rating and set a $33.00 target price (up from $31.00) on shares of Super Micro Computer in a report on Monday, July 13th. Mizuho lifted their target price on shares of Super Micro Computer from $36.00 to $44.00 and gave the stock a “neutral” rating in a research report on Monday, June 1st. Northland Securities set a $36.00 price target on shares of Super Micro Computer in a research note on Wednesday. Finally, Raymond James Financial lowered their price target on shares of Super Micro Computer from $45.00 to $39.00 in a research note on Friday, June 12th. Four analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Super Micro Computer presently has a consensus rating of “Hold” and an average target price of $39.93.

Super Micro Computer Stock Up 19.8%

The company has a current ratio of 2.66, a quick ratio of 1.29 and a debt-to-equity ratio of 0.88. The stock has a 50 day simple moving average of $32.74 and a 200 day simple moving average of $30.52. The firm has a market capitalization of $18.38 billion, a PE ratio of 16.17, a PEG ratio of 0.32 and a beta of 1.94.

Super Micro Computer (NASDAQ:SMCI) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates 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 quarter in the prior year, the firm posted $0.31 earnings per share. The business’s quarterly revenue was up 122.7% compared to the same quarter last year. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. As a group, sell-side analysts forecast that Super Micro Computer, Inc. will post 2.11 earnings per share for the current year.

Institutional Trading of Super Micro Computer

Several large investors have recently modified their holdings of the business. Flagship Harbor Advisors LLC bought a new stake in shares of Super Micro Computer in the 4th quarter worth approximately $25,000. Elyxium Wealth LLC bought a new stake in Super Micro Computer during the 4th quarter valued at approximately $26,000. Arax Advisory Partners bought a new stake in shares of Super Micro Computer during the fourth quarter valued at approximately $28,000. SHP Wealth Management bought a new position in Super Micro Computer in the fourth quarter worth $29,000. Finally, Concord Wealth Partners boosted its holdings in shares of 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 in the last quarter. 84.06% of the stock is owned by institutional investors.

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.