Super Micro Computer (NASDAQ:SMCI) Upgraded to Buy at Argus

Super Micro Computer (NASDAQ:SMCI) was upgraded by investment analysts at Argus from a “hold” rating to a “buy” rating in a report issued on Thursday.

A number of other brokerages also recently issued reports on SMCI. JPMorgan Chase & Co. reduced their price target on Super Micro Computer from $43.00 to $40.00 and set a “neutral” rating on the stock in a research report on Wednesday. Weiss Ratings reissued a “hold (c+)” rating on shares of Super Micro Computer in a research report on Wednesday, October 8th. Wall Street Zen raised Super Micro Computer from a “sell” rating to a “hold” rating in a research report on Saturday, October 18th. Needham & Company LLC cut their target price on Super Micro Computer from $60.00 to $51.00 and set a “buy” rating on the stock in a research report on Wednesday. Finally, Northland Securities set a $63.00 target price on Super Micro Computer in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $47.53.

Super Micro Computer Stock Performance

Shares of SMCI stock opened at $42.03 on Thursday. The business’s fifty day simple moving average is $48.40 and its 200-day simple moving average is $45.81. The company has a market cap of $24.98 billion, a PE ratio of 25.32, a PEG ratio of 1.30 and a beta of 1.55. The company has a current ratio of 5.25, a quick ratio of 3.25 and a debt-to-equity ratio of 0.74. Super Micro Computer has a 12-month low of $17.25 and a 12-month high of $66.44.

Super Micro Computer (NASDAQ:SMCI) last issued its quarterly earnings results on Tuesday, November 4th. The company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.11). The business had revenue of $5.02 billion for the quarter, compared to analyst estimates of $6.48 billion. Super Micro Computer had a return on equity of 17.14% and a net margin of 4.77%.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 company posted $0.73 earnings per share. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. FY 2026 guidance at EPS. Analysts expect 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 the stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $43.88, for a total transaction of $1,755,200.00. Following the sale, the senior vice president directly owned 21,820 shares of the company’s stock, valued at $957,461.60. This represents a 64.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO David E. Weigand sold 25,000 shares of the stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $45.14, for a total transaction of $1,128,500.00. Following the sale, the chief financial officer directly owned 100,188 shares in the company, valued at approximately $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. Over the last three months, insiders have sold 90,000 shares of company stock worth $3,890,950. Corporate insiders own 16.30% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Fairscale Capital LLC lifted its stake in Super Micro Computer by 12.5% in the 3rd quarter. Fairscale Capital LLC now owns 2,693 shares of the company’s stock valued at $129,000 after buying an additional 300 shares in the last quarter. Candriam S.C.A. lifted its stake in Super Micro Computer by 4.2% in the 3rd quarter. Candriam S.C.A. now owns 29,972 shares of the company’s stock valued at $1,437,000 after buying an additional 1,196 shares in the last quarter. BHK Investment Advisors LLC purchased a new position in Super Micro Computer in the 3rd quarter valued at about $336,000. Azzad Asset Management Inc. ADV purchased a new position in Super Micro Computer in the 3rd quarter valued at about $567,000. Finally, Arkfeld Wealth Strategies L.L.C. lifted its stake in Super Micro Computer by 9.3% in the 3rd quarter. Arkfeld Wealth Strategies L.L.C. now owns 6,350 shares of the company’s stock valued at $330,000 after buying an additional 540 shares in the last quarter. 84.06% of the stock is owned by hedge funds and other 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.