Super Micro Computer (NASDAQ:SMCI) Given New $55.00 Price Target at Rosenblatt Securities

Super Micro Computer (NASDAQ:SMCI) had its price target lowered by research analysts at Rosenblatt Securities from $60.00 to $55.00 in a note issued to investors on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Rosenblatt Securities’ price target suggests a potential upside of 15.52% from the company’s current price.

Several other research analysts have also recently weighed in on SMCI. Barclays lifted their price target on shares of Super Micro Computer from $29.00 to $45.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 7th. Wedbush reiterated a “neutral” rating and set a $30.00 price target on shares of Super Micro Computer in a research note on Monday, August 4th. Zacks Research upgraded shares of Super Micro Computer to a “hold” rating in a research note on Monday, August 11th. Bank of America began coverage on shares of Super Micro Computer in a research note on Wednesday, July 9th. They set an “underperform” rating and a $35.00 price target on the stock. Finally, JPMorgan Chase & Co. dropped their price target on shares of Super Micro Computer from $45.00 to $43.00 and set a “neutral” rating on the stock in a research note on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $47.33.

Super Micro Computer Trading Down 6.2%

NASDAQ:SMCI opened at $47.61 on Wednesday. The company’s 50 day moving average price is $48.45 and its 200-day moving average price is $45.84. Super Micro Computer has a 52 week low of $17.25 and a 52 week high of $66.44. The company has a quick ratio of 3.25, a current ratio of 5.25 and a debt-to-equity ratio of 0.74. The stock has a market cap of $28.29 billion, a price-to-earnings ratio of 28.68, a PEG ratio of 1.30 and a beta of 1.55.

Super Micro Computer (NASDAQ:SMCI) last issued its earnings results 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). Super Micro Computer had a return on equity of 17.14% and a net margin of 4.77%.The company had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $6.48 billion. During the same quarter in the prior year, the business posted $0.73 EPS. The company’s revenue for the quarter was down 15.5% compared to the same quarter last year. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. FY 2026 guidance at EPS. On average, equities research analysts forecast that Super Micro Computer will post 1.86 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Super Micro Computer news, SVP George Kao sold 40,000 shares of Super Micro Computer stock in a transaction on 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 sale, the senior vice president directly owned 21,820 shares in the company, valued at approximately $957,461.60. The trade was a 64.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO David E. Weigand sold 25,000 shares of Super Micro Computer stock in a transaction 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 completion of the sale, the chief financial officer owned 100,188 shares in the company, valued at approximately $4,522,486.32. This represents a 19.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 90,000 shares of company stock worth $3,890,950. 16.30% of the stock is currently owned by insiders.

Institutional Trading of Super Micro Computer

A number of large investors have recently made changes to their positions in SMCI. Clear Street LLC bought a new stake in shares of Super Micro Computer in the 2nd quarter worth about $158,724,000. Norges Bank bought a new position in Super Micro Computer during the 2nd quarter valued at about $150,395,000. Marshall Wace LLP grew its holdings in Super Micro Computer by 596.4% during the 2nd quarter. Marshall Wace LLP now owns 3,437,714 shares of the company’s stock valued at $168,482,000 after purchasing an additional 2,944,049 shares during the last quarter. Vanguard Group Inc. grew its holdings in Super Micro Computer by 3.9% during the 1st quarter. Vanguard Group Inc. now owns 64,407,769 shares of the company’s stock valued at $2,205,322,000 after purchasing an additional 2,415,276 shares during the last quarter. Finally, Invesco Ltd. grew its holdings in Super Micro Computer by 31.6% during the 2nd quarter. Invesco Ltd. now owns 8,639,784 shares of the company’s stock valued at $423,436,000 after purchasing an additional 2,073,978 shares during the last quarter. 84.06% of the stock is currently owned by 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.