Super Micro Computer (NASDAQ:SMCI) Upgraded at Argus

Argus upgraded shares of Super Micro Computer (NASDAQ:SMCI) from a hold rating to a buy rating in a report issued on Thursday, Marketbeat Ratings reports. The firm currently has $64.00 price objective on the stock.

Other equities analysts have also issued reports about the company. Needham & Company LLC reduced their target price on Super Micro Computer from $60.00 to $51.00 and set a “buy” rating for the company in a report on Wednesday. The Goldman Sachs Group set a $34.00 price objective on Super Micro Computer and gave the stock a “sell” rating in a research report on Wednesday. Zacks Research raised Super Micro Computer to a “hold” rating in a research report on Monday, August 11th. KGI Securities upgraded Super Micro Computer from a “neutral” rating to an “outperform” rating and set a $60.00 target price on the stock in a research note on Wednesday. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Super Micro Computer in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Super Micro Computer presently has an average rating of “Hold” and a consensus price target of $48.38.

Super Micro Computer Price Performance

SMCI opened at $39.76 on Thursday. Super Micro Computer has a 1 year low of $17.25 and a 1 year high of $66.44. 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 company has a market capitalization of $23.63 billion, a price-to-earnings ratio of 23.95, a P/E/G ratio of 1.30 and a beta of 1.50. The firm’s fifty day moving average price is $48.29 and its two-hundred day moving average price is $45.95.

Super Micro Computer (NASDAQ:SMCI) last released its quarterly earnings results 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). Super Micro Computer had a net margin of 4.77% and a return on equity of 17.14%. The firm had revenue of $5.02 billion for the quarter, compared to the consensus estimate of $6.48 billion. During the same period in the previous year, the business earned $0.73 earnings per share. The firm’s revenue for the quarter was down 15.5% on a year-over-year basis. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. FY 2026 guidance at EPS. As a group, analysts anticipate that Super Micro Computer will post 1.86 earnings per share for the current fiscal year.

Insider Activity

In other news, SVP George Kao sold 40,000 shares of Super Micro Computer stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $43.88, for a total value of $1,755,200.00. Following the completion of the transaction, the senior vice president owned 21,820 shares in the company, valued at $957,461.60. This trade represents a 64.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 90,000 shares of company stock valued at $3,890,950. 16.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Super Micro Computer

Several institutional investors have recently made changes to their positions in the stock. Maridea Wealth Management LLC purchased a new position in shares of Super Micro Computer in the third quarter valued at $320,000. NEOS Investment Management LLC grew its holdings in Super Micro Computer by 57.1% during the 3rd quarter. NEOS Investment Management LLC now owns 29,045 shares of the company’s stock valued at $1,392,000 after buying an additional 10,559 shares in the last quarter. GSA Capital Partners LLP bought a new stake in shares of Super Micro Computer during the third quarter valued at about $379,000. Wealthcare Advisory Partners LLC lifted its holdings in shares of Super Micro Computer by 4.9% in the third quarter. Wealthcare Advisory Partners LLC now owns 22,869 shares of the company’s stock worth $1,096,000 after buying an additional 1,071 shares in the last quarter. Finally, Zions Bancorporation National Association UT boosted its position in shares of Super Micro Computer by 367.9% in the third quarter. Zions Bancorporation National Association UT now owns 4,445 shares of the company’s stock valued at $213,000 after acquiring an additional 3,495 shares during the period. Hedge funds and other institutional investors own 84.06% of the company’s stock.

Super Micro Computer Company Profile

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.