Super Micro Computer (NASDAQ:SMCI) Trading 1.6% Higher – What’s Next?

Super Micro Computer, Inc. (NASDAQ:SMCI) traded up 1.6% during mid-day trading on Thursday . The stock traded as high as $34.41 and last traded at $34.23. 17,015,707 shares traded hands during mid-day trading, a decline of 64% from the average session volume of 46,975,930 shares. The stock had previously closed at $33.68.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on SMCI shares. Wall Street Zen cut Super Micro Computer from a “hold” rating to a “sell” rating in a research report on Saturday, November 15th. Mizuho reduced their price objective on Super Micro Computer from $50.00 to $45.00 and set a “neutral” rating for the company in a research note on Wednesday, November 5th. Raymond James Financial decreased 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. Argus set a $64.00 target price on Super Micro Computer in a research report on Thursday, November 6th. Finally, Barclays cut their price target on shares of Super Micro Computer from $45.00 to $43.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $48.38.

Super Micro Computer Stock Performance

The company has a current ratio of 5.39, a quick ratio of 2.95 and a debt-to-equity ratio of 0.72. The firm’s fifty day moving average is $44.97 and its 200 day moving average is $45.77. The company has a market cap of $20.43 billion, a PE ratio of 27.38, a price-to-earnings-growth ratio of 0.68 and a beta of 1.52.

Super Micro Computer (NASDAQ:SMCI) last posted its quarterly earnings data 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 company had revenue of $5.02 billion for the quarter, compared to analysts’ expectations of $6.48 billion. Super Micro Computer had a net margin of 3.77% and a return on equity of 12.70%. The business’s revenue for the quarter was down 15.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.73 earnings per share. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. As a group, research analysts predict that Super Micro Computer, Inc. will post 1.86 EPS for the current fiscal year.

Insider Transactions at Super Micro Computer

In other news, CFO David E. Weigand sold 25,000 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $45.14, for a total value 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. This trade 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 through this link. Insiders own 16.30% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SMCI. Clear Street LLC acquired a new stake in Super Micro Computer during the 2nd quarter worth $158,724,000. Clear Street Group Inc. purchased a new position in shares of Super Micro Computer in the third quarter worth about $147,631,000. Norges Bank acquired a new position in Super Micro Computer during the second quarter worth about $150,395,000. Marshall Wace LLP boosted its position in Super Micro Computer by 596.4% during the second quarter. Marshall Wace LLP now owns 3,437,714 shares of the company’s stock worth $168,482,000 after acquiring an additional 2,944,049 shares during the last quarter. Finally, Vanguard Group Inc. grew its stake in Super Micro Computer by 4.1% during the 3rd quarter. Vanguard Group Inc. now owns 68,848,777 shares of the company’s stock valued at $3,300,610,000 after acquiring an additional 2,695,829 shares in the last quarter. Hedge funds and other institutional investors own 84.06% of the company’s stock.

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.