Super Micro Computer (NASDAQ:SMCI) Trading 1.4% Higher – Time to Buy?

Super Micro Computer, Inc. (NASDAQ:SMCI) shares rose 1.4% during mid-day trading on Thursday . The stock traded as high as $31.52 and last traded at $30.79. Approximately 20,107,193 shares changed hands during trading, a decline of 35% from the average daily volume of 30,761,557 shares. The stock had previously closed at $30.35.

Analysts Set New Price Targets

SMCI has been the subject of a number of recent research reports. Raymond James Financial cut their target price on shares of Super Micro Computer from $50.00 to $35.00 and set an “outperform” rating for the company in a report on Wednesday, February 4th. Zacks Research upgraded shares of Super Micro Computer from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Mizuho set a $33.00 price objective on shares of Super Micro Computer in a research note on Wednesday, February 4th. The Goldman Sachs Group boosted their target price on shares of Super Micro Computer from $26.00 to $27.00 and gave the stock a “sell” rating in a report on Wednesday, February 4th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $55.00 price target on shares of Super Micro Computer in a report on Monday, February 2nd. Five investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $43.43.

Super Micro Computer Price Performance

The company has a quick ratio of 1.01, a current ratio of 1.70 and a debt-to-equity ratio of 0.67. The company has a market capitalization of $18.44 billion, a PE ratio of 22.98, a price-to-earnings-growth ratio of 0.62 and a beta of 1.52. The firm’s 50 day simple moving average is $31.30 and its 200 day simple moving average is $37.67.

Super Micro Computer (NASDAQ:SMCI) last announced its earnings results on Tuesday, February 3rd. The company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.20. The business had revenue of $12.68 billion for the quarter, compared to the consensus estimate of $10.34 billion. Super Micro Computer had a net margin of 3.11% and a return on equity of 13.22%. The business’s revenue for the quarter was up 123.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.59 earnings per share. Super Micro Computer has set its Q3 2026 guidance at 0.600- EPS. As a group, research analysts anticipate that Super Micro Computer, Inc. will post 1.86 EPS for the current fiscal year.

Institutional Trading of Super Micro Computer

Several institutional investors have recently added to or reduced their stakes in SMCI. Norges Bank bought a new position in shares of Super Micro Computer during the fourth quarter valued at approximately $136,569,000. Clear Street LLC bought a new stake in shares of Super Micro Computer during the 2nd quarter worth approximately $158,724,000. Clear Street Group Inc. purchased a new position in Super Micro Computer during the 3rd quarter valued at $147,631,000. Marshall Wace LLP boosted 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 acquiring an additional 2,944,049 shares during the period. Finally, Vanguard Group Inc. grew its position in Super Micro Computer by 4.1% in the 3rd quarter. Vanguard Group Inc. now owns 68,848,777 shares of the company’s stock valued at $3,300,610,000 after acquiring an additional 2,695,829 shares during the last quarter. Institutional investors own 84.06% of the company’s stock.

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.