Super Micro Computer (NASDAQ:SMCI) Trading Down 4.7% on Analyst Downgrade

Super Micro Computer, Inc. (NASDAQ:SMCI) shares traded down 4.7% during trading on Friday after Raymond James Financial lowered their price target on the stock from $45.00 to $39.00. The stock traded as low as $29.45 and last traded at $30.46. 84,071,220 shares changed hands during trading, an increase of 101% from the average session volume of 41,780,980 shares. The stock had previously closed at $31.97.

SMCI has been the topic of several other reports. The Goldman Sachs Group reissued a “sell” rating on shares of Super Micro Computer in a research report on Wednesday, May 6th. Wedbush cut their target price on Super Micro Computer from $42.00 to $34.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Barclays cut their target price on Super Micro Computer from $38.00 to $34.00 and set an “equal weight” rating on the stock in a research report on Wednesday, May 6th. Rosenblatt Securities upped their target price on Super Micro Computer from $32.00 to $40.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Finally, Northland Securities upped their target price on Super Micro Computer from $22.00 to $34.00 in a research report on Wednesday, May 6th. Four equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Super Micro Computer has a consensus rating of “Hold” and an average target price of $38.57.

Trending Headlines about Super Micro Computer

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

• Positive Sentiment: Super Micro says its software strategy is helping expand AI data-center deployments, with rising software revenue and a more integrated infrastructure platform potentially improving the company’s long-term growth profile. Can SMCI’s Software Strategy Strengthen Data Center Deployments?
• Positive Sentiment: Analysts and commentary continue to point to strong AI server demand, including reports that Super Micro has about $39 billion in AI orders, which supports the view that revenue growth could remain robust if the company can execute on deliveries and financing. Super Micro Computer: $7 Billion Financing Plan Overshadows $39 Billion AI Order
• Neutral Sentiment: Raymond James lowered its price target on SMCI to $39 from $45, signaling a more cautious near-term outlook, though the new target still implies upside from recent trading levels. Raymond James adjusts price target on Super Micro Computer to 39 from 45
• Neutral Sentiment: Several recent articles note that SMCI remains a high-volatility AI beneficiary, but also that the market is waiting for clearer proof that the new financing will convert backlog into profitable sales and reduce execution risk. Super Micro Prices $4.9B Offering to Back Massive AI Order Growth
• Negative Sentiment: The biggest drag on the stock is Super Micro’s equity and equity-linked financing package, which investors fear will dilute shareholders and signal that the company needs substantial capital to fund its AI backlog. Supermicro Announces Pricing of Equity and Equity-Linked Financing Transactions To Fund AI Orders
• Negative Sentiment: Coverage also highlighted governance, margin, and legal concerns, with some analysts keeping a neutral stance because those risks could limit upside even if AI demand stays strong. Super Micro initiated at Neutral as AI boom offset by margin, legal risk

Institutional Investors Weigh In On Super Micro Computer

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Flagship Harbor Advisors LLC acquired a new stake in Super Micro Computer during the 4th quarter worth about $25,000. Elyxium Wealth LLC acquired a new stake in Super Micro Computer during the 4th quarter worth about $26,000. Arax Advisory Partners acquired a new stake in Super Micro Computer during the 4th quarter worth about $28,000. SHP Wealth Management acquired a new stake in Super Micro Computer during the 4th quarter worth about $29,000. Finally, Concord Wealth Partners grew its position in Super Micro Computer by 2,564.1% during the 4th quarter. Concord Wealth Partners now owns 1,039 shares of the company’s stock worth $30,000 after purchasing an additional 1,000 shares during the period. 84.06% of the stock is owned by institutional investors and hedge funds.

Super Micro Computer Price Performance

The firm has a 50-day simple moving average of $32.18 and a two-hundred day simple moving average of $31.22. The company has a market capitalization of $18.32 billion, a price-to-earnings ratio of 16.12, a P/E/G ratio of 0.49 and a beta of 1.87. The company has a current ratio of 2.66, a quick ratio of 1.29 and a debt-to-equity ratio of 0.88.

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

About Super Micro Computer

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.