Super Micro Computer (NASDAQ:SMCI) Stock Price Up 3.8% – Still a Buy?

Super Micro Computer, Inc. (NASDAQ:SMCI)’s stock price rose 3.8% on Friday . The company traded as high as $37.35 and last traded at $36.42. Approximately 37,188,938 shares changed hands during mid-day trading, a decline of 23% from the average daily volume of 48,339,766 shares. The stock had previously closed at $35.09.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Rosenblatt Securities cut their target price on shares of Super Micro Computer from $60.00 to $55.00 and set a “buy” rating on the stock in a research report on Wednesday, November 5th. JPMorgan Chase & Co. dropped their price objective on shares of Super Micro Computer from $43.00 to $40.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 5th. KGI Securities raised shares of Super Micro Computer from a “neutral” rating to an “outperform” rating and set a $60.00 price objective on the stock in a report on Wednesday, November 5th. Raymond James Financial lowered their target price on Super Micro Computer from $53.00 to $50.00 and set an “outperform” rating for the company in a report on Wednesday, November 5th. Finally, Zacks Research cut Super Micro Computer from a “hold” rating to a “strong sell” rating in a research report on Friday, November 7th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $48.38.

Super Micro Computer Stock Performance

The business has a 50-day moving average price of $48.07 and a 200-day moving average price of $45.96. The company has a quick ratio of 3.25, a current ratio of 5.25 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $21.74 billion, a price-to-earnings ratio of 21.94, a P/E/G ratio of 1.30 and a beta of 1.50.

Super Micro Computer (NASDAQ:SMCI) last announced its earnings results on Tuesday, November 4th. The company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.11). The business had revenue of $5.02 billion for the quarter, compared to analyst estimates of $6.48 billion. Super Micro Computer had a net margin of 4.77% and a return on equity of 17.14%. The company’s quarterly revenue was down 15.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.73 earnings per share. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. FY 2026 guidance at EPS. As a group, sell-side analysts forecast that Super Micro Computer, Inc. will post 1.86 earnings per share for the current year.

Insider Buying and Selling

In other Super Micro Computer news, SVP George Kao sold 40,000 shares of the business’s stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $43.88, for a total transaction of $1,755,200.00. Following the sale, the senior vice president owned 21,820 shares of the company’s stock, valued at approximately $957,461.60. The trade was a 64.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO David E. Weigand sold 25,000 shares of the company’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $45.14, for a total transaction of $1,128,500.00. Following the transaction, the chief financial officer owned 100,188 shares in the company, valued at $4,522,486.32. The trade was a 19.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 90,000 shares of company stock valued at $3,890,950 over the last quarter. 16.30% of the stock is owned by company insiders.

Institutional Trading of Super Micro Computer

Several institutional investors and hedge funds have recently bought and sold shares of SMCI. Vanguard Group Inc. increased its stake in shares of Super Micro Computer by 4.1% in the third quarter. Vanguard Group Inc. now owns 68,848,777 shares of the company’s stock worth $3,300,610,000 after acquiring an additional 2,695,829 shares during the period. Geode Capital Management LLC lifted its position in Super Micro Computer by 2.7% during the second quarter. Geode Capital Management LLC now owns 13,752,581 shares of the company’s stock valued at $671,316,000 after purchasing an additional 364,411 shares during the period. Disciplined Growth Investors Inc. MN boosted its holdings in Super Micro Computer by 16.5% in the second quarter. Disciplined Growth Investors Inc. MN now owns 9,730,773 shares of the company’s stock valued at $476,905,000 after purchasing an additional 1,381,046 shares during the last quarter. Invesco Ltd. grew its position in Super Micro Computer by 31.6% during the 2nd quarter. Invesco Ltd. now owns 8,639,784 shares of the company’s stock worth $423,436,000 after purchasing an additional 2,073,978 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Super Micro Computer by 5.3% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 3,971,739 shares of the company’s stock valued at $194,655,000 after buying an additional 200,109 shares during the last quarter. 84.06% of the stock is currently owned by institutional investors and hedge funds.

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.