Super Micro Computer (NASDAQ:SMCI) Announces Quarterly Earnings Results, Misses Expectations By $0.20 EPS

Super Micro Computer (NASDAQ:SMCI) posted its quarterly earnings results on Tuesday. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.20), Zacks reports. Super Micro Computer had a net margin of 4.77% and a return on equity of 17.14%. Super Micro Computer updated its Q2 2026 guidance to 0.460-0.540 EPS and its FY 2026 guidance to EPS.

Super Micro Computer Stock Performance

Shares of NASDAQ:SMCI traded down $3.14 during midday trading on Tuesday, reaching $47.61. The company had a trading volume of 37,352,617 shares, compared to its average volume of 48,857,301. Super Micro Computer has a 52-week low of $17.25 and a 52-week high of $66.44. The company’s 50 day moving average price is $48.39 and its 200 day moving average price is $45.73. The stock has a market cap of $28.29 billion, a P/E ratio of 28.68, a P/E/G ratio of 1.30 and a beta of 1.55. The company has a current ratio of 5.25, a quick ratio of 3.25 and a debt-to-equity ratio of 0.74.

Insider Transactions at Super Micro Computer

In other news, CFO David E. Weigand sold 25,000 shares of the company’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $45.14, for a total transaction of $1,128,500.00. Following the sale, the chief financial officer directly owned 100,188 shares in the company, valued at $4,522,486.32. This represents a 19.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP George Kao sold 40,000 shares of the stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $43.88, for a total transaction of $1,755,200.00. Following the completion of the sale, the senior vice president directly owned 21,820 shares in the company, valued at approximately $957,461.60. The trade was a 64.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 90,000 shares of company stock worth $3,890,950 over the last 90 days. 16.30% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Super Micro Computer

A number of institutional investors and hedge funds have recently modified their holdings of SMCI. Sei Investments Co. increased its position in shares of Super Micro Computer by 58.4% in the second quarter. Sei Investments Co. now owns 52,025 shares of the company’s stock worth $2,550,000 after purchasing an additional 19,181 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of Super Micro Computer by 9.3% in the second quarter. NewEdge Advisors LLC now owns 78,451 shares of the company’s stock worth $3,845,000 after purchasing an additional 6,704 shares during the last quarter. Daiwa Securities Group Inc. increased its position in shares of Super Micro Computer by 3.4% in the second quarter. Daiwa Securities Group Inc. now owns 85,647 shares of the company’s stock worth $4,198,000 after purchasing an additional 2,799 shares during the last quarter. Baird Financial Group Inc. increased its position in shares of Super Micro Computer by 54.9% in the second quarter. Baird Financial Group Inc. now owns 18,955 shares of the company’s stock worth $929,000 after purchasing an additional 6,718 shares during the last quarter. Finally, Northeast Financial Consultants Inc bought a new position in shares of Super Micro Computer in the second quarter worth approximately $283,000. 84.06% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

SMCI has been the topic of a number of analyst reports. Wall Street Zen raised shares of Super Micro Computer from a “sell” rating to a “hold” rating in a report on Saturday, October 18th. Zacks Research raised shares of Super Micro Computer to a “hold” rating in a report on Monday, August 11th. Bank of America initiated coverage on shares of Super Micro Computer in a report on Wednesday, July 9th. They set an “underperform” rating and a $35.00 price objective on the stock. Citigroup reaffirmed a “neutral” rating and set a $52.00 price objective (up from $37.00) on shares of Super Micro Computer in a report on Friday, July 11th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Super Micro Computer in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $47.57.

About Super Micro Computer

Super Micro Computer, Inc, together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.