Super Micro Computer (NASDAQ:SMCI) Stock Price Down 3.4% – What’s Next?

Shares of Super Micro Computer, Inc. (NASDAQ:SMCI) fell 3.4% on Wednesday . The company traded as low as $33.20 and last traded at $33.73. 27,342,286 shares changed hands during mid-day trading, a decline of 43% from the average session volume of 48,078,828 shares. The stock had previously closed at $34.90.

Wall Street Analyst Weigh In

SMCI has been the topic of several recent research reports. The Goldman Sachs Group set a $34.00 target price on shares of Super Micro Computer and gave the stock a “sell” rating in a research note on Wednesday, November 5th. Argus set a $64.00 price objective on Super Micro Computer in a research report on Thursday, November 6th. Wall Street Zen lowered Super Micro Computer from a “hold” rating to a “sell” rating in a report on Saturday, November 15th. Needham & Company LLC cut their price target on Super Micro Computer from $60.00 to $51.00 and set a “buy” rating on the stock in a report on Wednesday, November 5th. Finally, Northland Securities set a $63.00 target price on shares of Super Micro Computer in a research note on Wednesday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Super Micro Computer presently has an average rating of “Hold” and an average target price of $48.38.

Super Micro Computer Stock Performance

The firm has a 50 day moving average of $47.00 and a two-hundred day moving average of $45.95. The company has a debt-to-equity ratio of 0.74, a current ratio of 5.25 and a quick ratio of 3.25. The stock has a market cap of $19.22 billion, a PE ratio of 19.39, a PEG ratio of 1.30 and a beta of 1.50.

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

Insiders Place Their Bets

In other Super Micro Computer news, CFO David E. Weigand sold 25,000 shares of the company’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $45.14, for a total value of $1,128,500.00. Following the completion of the transaction, the chief financial officer 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 transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 16.30% of the stock is currently owned by company insiders.

Institutional Trading of Super Micro Computer

Institutional investors and hedge funds have recently made changes to their positions in the company. CIBC Bancorp USA Inc. acquired a new stake in shares of Super Micro Computer in the 3rd quarter valued at about $3,326,000. Sunbelt Securities Inc. lifted its stake in Super Micro Computer by 26.4% in the third quarter. Sunbelt Securities Inc. now owns 1,870 shares of the company’s stock valued at $90,000 after buying an additional 390 shares during the last quarter. Captrust Financial Advisors boosted its holdings in shares of Super Micro Computer by 12.7% in the third quarter. Captrust Financial Advisors now owns 403,083 shares of the company’s stock valued at $19,324,000 after acquiring an additional 45,526 shares during the period. Danske Bank A S purchased a new position in shares of Super Micro Computer during the third quarter worth approximately $11,375,000. Finally, Palisade Asset Management LLC purchased a new position in shares of Super Micro Computer during the third quarter worth approximately $144,000. 84.06% of the stock is owned by hedge funds and other institutional investors.

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.