Super Micro Computer (NASDAQ:SMCI) Stock Price Down 3.4% – What’s Next?

Super Micro Computer, Inc. (NASDAQ:SMCI)’s share price dropped 3.4% during trading on Friday . The stock traded as low as $28.90 and last traded at $29.11. Approximately 23,965,395 shares were traded during trading, a decline of 25% from the average daily volume of 32,153,875 shares. The stock had previously closed at $30.12.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Raymond James Financial decreased their price target on Super Micro Computer from $53.00 to $50.00 and set an “outperform” rating for the company in a report on Wednesday, November 5th. Northland Securities set a $63.00 target price on shares of Super Micro Computer in a research note on Wednesday, November 5th. JPMorgan Chase & Co. lowered their price target on shares of Super Micro Computer from $43.00 to $40.00 and set a “neutral” rating on the stock in a report on Wednesday, November 5th. Citigroup cut their price objective on shares of Super Micro Computer from $48.00 to $39.00 and set a “neutral” rating for the company in a report on Tuesday, January 20th. Finally, Barclays decreased their price objective on shares of Super Micro Computer from $45.00 to $43.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 5th. Eight investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Super Micro Computer presently has an average rating of “Hold” and an average price target of $46.19.

Super Micro Computer Trading Down 3.4%

The company’s fifty day simple moving average is $31.49 and its 200-day simple moving average is $41.79. The firm has a market capitalization of $17.38 billion, a PE ratio of 23.29, a P/E/G ratio of 0.62 and a beta of 1.54. The company has a debt-to-equity ratio of 0.72, a current ratio of 5.39 and a quick ratio of 2.95.

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 the consensus estimate of $0.46 by ($0.11). The company 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 12.70% and a net margin of 3.77%.The firm’s revenue for the quarter was down 15.5% on a year-over-year basis. During the same quarter last year, the company earned $0.73 EPS. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. As a group, sell-side analysts expect that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Super Micro Computer

Hedge funds and other institutional investors have recently made changes to their positions in the company. Clear Street LLC acquired a new position in Super Micro Computer in the 2nd quarter valued at $158,724,000. Clear Street Group Inc. purchased a new stake in shares of Super Micro Computer during the third quarter worth $147,631,000. Norges Bank acquired a new stake in shares of Super Micro Computer in the second quarter valued at about $150,395,000. Marshall Wace LLP lifted its stake in shares of Super Micro Computer by 596.4% in the second quarter. Marshall Wace LLP now owns 3,437,714 shares of the company’s stock worth $168,482,000 after buying an additional 2,944,049 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in Super Micro Computer by 4.1% during the third quarter. Vanguard Group Inc. now owns 68,848,777 shares of the company’s stock worth $3,300,610,000 after acquiring an additional 2,695,829 shares during the last quarter. Hedge funds and other institutional investors own 84.06% of the company’s stock.

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.