Super Micro Computer (NASDAQ:SMCI) Trading Up 2.9% – What’s Next?

Super Micro Computer, Inc. (NASDAQ:SMCI) shares traded up 2.9% during mid-day trading on Wednesday . The company traded as high as $38.81 and last traded at $38.19. 35,413,127 shares changed hands during mid-day trading, a decline of 3% from the average session volume of 36,629,977 shares. The stock had previously closed at $37.10.

Key Super Micro Computer News

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

• Positive Sentiment: Super Micro announced that Verda selected its NVIDIA GPU-accelerated, rack-scale systems to build a sustainable AI cloud infrastructure across Europe, reinforcing demand for SMCI’s liquid-cooled, full-stack AI server platforms. Supermicro and Verda Deliver Sustainable, Full-Stack AI Cloud Infrastructure for Next-Generation AI Workloads
• Positive Sentiment: Investor sentiment around AI hardware improved after Micron’s rally and reports that AI demand remains structurally undersupplied, lifting related names including Super Micro. Xerox and Super Micro Shares Are Soaring, What You Need To Know
• Positive Sentiment: A Seeking Alpha piece argued Super Micro is a key “AI bottleneck” and upgraded the stock, which may have helped reinforce bullish trading momentum. Super Micro Computer: The Next AI Bottleneck (Rating Upgrade)
• Neutral Sentiment: Multiple law firms issued reminders and deadline alerts tied to class-action lawsuits against SMCI, adding an overhang but not introducing a new claim-specific development. INVESTOR ALERT: Pomerantz Law Firm Reminds Investors…SMCI
• Neutral Sentiment: Nvidia CEO reports urging Super Micro to tighten compliance and export-control practices highlight governance risk, but the company said the situation underscores the need for industry-wide enforcement improvements. Nvidia CEO urges Super Micro to tighten compliance: reports
• Negative Sentiment: Ongoing class-action lawsuit notices and investor deadline reminders keep legal uncertainty in focus, which can weigh on the stock until the litigation risk is resolved. Super Micro Computer, Inc. Notice of May 26, 2026 Application Deadline for Class Action Lawsuits

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Citigroup reaffirmed a “neutral” rating and issued a $31.00 target price (up from $25.00) on shares of Super Micro Computer in a research note on Wednesday, May 6th. Wedbush cut their target price on Super Micro Computer from $42.00 to $34.00 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. Bank of America cut their target price on Super Micro Computer from $34.00 to $24.00 and set an “underperform” rating for the company in a research note on Tuesday, March 24th. Mizuho raised their target price on Super Micro Computer from $30.00 to $36.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 12th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $40.00 target price on shares of Super Micro Computer in a research note on Wednesday, May 6th. Four equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $38.43.

Super Micro Computer Trading Up 2.9%

The firm has a market capitalization of $22.97 billion, a PE ratio of 20.21, a PEG ratio of 0.59 and a beta of 1.69. 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 business has a fifty day moving average price of $28.11 and a two-hundred day moving average price of $30.73.

Super Micro Computer (NASDAQ:SMCI) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.84 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.21. The business had revenue of $10.24 billion during the quarter, compared to analysts’ expectations of $12.39 billion. Super Micro Computer had a return on equity of 17.49% and a net margin of 3.70%.The company’s revenue was up 122.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.31 EPS. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. Analysts expect that Super Micro Computer, Inc. will post 2.12 EPS for the current fiscal year.

Hedge Funds Weigh In On Super Micro Computer

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings 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 during the period. Geode Capital Management LLC boosted its holdings in Super Micro Computer by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 13,808,499 shares of the company’s stock valued at $402,627,000 after acquiring an additional 41,314 shares during the period. Invesco Ltd. boosted its holdings in Super Micro Computer by 21.2% during the 4th quarter. Invesco Ltd. now owns 9,953,780 shares of the company’s stock valued at $291,347,000 after acquiring an additional 1,738,749 shares during the period. Disciplined Growth Investors Inc. MN boosted its holdings in Super Micro Computer by 16.5% during the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 9,730,773 shares of the company’s stock valued at $476,905,000 after acquiring an additional 1,381,046 shares during the period. Finally, Norges Bank purchased a new position in Super Micro Computer during the 4th quarter valued at about $136,569,000. 84.06% of the stock is currently owned by hedge funds and other institutional investors.

Super Micro Computer Company Profile

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.