Super Micro Computer (NASDAQ:SMCI) Trading Down 8.3% – Time to Sell?

Super Micro Computer, Inc. (NASDAQ:SMCI) traded down 8.3% during trading on Thursday . The stock traded as low as $26.06 and last traded at $26.75. 46,397,118 shares were traded during trading, an increase of 28% from the average session volume of 36,119,891 shares. The stock had previously closed at $29.18.

Key Super Micro Computer News

Here are the key news stories impacting Super Micro Computer this week:

• Positive Sentiment: Underlying demand and long‑term thesis remain: analysts and commentators note Super Micro’s strong revenue/earnings run and that recent pullbacks have created a valuation discussion that some investors view as a buying opportunity. A Look At Super Micro Computer (SMCI) Valuation After A Recent Pullback And Long Term Gains
• Neutral Sentiment: Broader tech weakness and premarket risk sentiment (bond market moves, Nasdaq selling pressure) are adding downward momentum to SMCI along with other AI/tech names. TSLA, PLTR and SMCI Forecasts – Tech Looks Weak in Premarket
• Negative Sentiment: Reported loss of a major Oracle order for Nvidia GB300 NVL72 racks (Bluefin Research claimed Oracle canceled ~300–400 racks, implied value ~ $1B+), which analysts/traders interpret as an immediate hit to near‑term revenue visibility and prompted heavy selling. Super Micro tumbles 10% on reported $1.4B Oracle contract loss
• Negative Sentiment: Expanding legal overhang: multiple law firms and shareholder‑service sites are soliciting lead‑plaintiff applicants and reminding investors of May deadlines in newly filed securities class actions covering purchases from April 2024–March 2026 — increasing uncertainty and potential future liability. ROSEN, A TOP RANKED LAW FIRM, Encourages Super Micro Computer, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SMCI
• Negative Sentiment: Multiple firms (ClaimsFiler, Levi & Korsinsky, Faruqi, Glancy Prongay Wolke, etc.) have issued similar notices, underscoring the breadth of the litigation interest and keeping headline risk elevated. Super Micro Computer Shareholder Alert: ClaimsFiler Reminds Investors With Losses In Excess Of $100,000 Of Lead Plaintiff Deadline In Class Action Lawsuits Against Super Micro Computer, Inc. – SMCI

Analyst Upgrades and Downgrades

Several research firms have weighed in on SMCI. Citigroup lowered their price target on Super Micro Computer from $39.00 to $25.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 24th. The Goldman Sachs Group increased their price objective on Super Micro Computer from $26.00 to $27.00 and gave the company a “sell” rating in a report on Wednesday, February 4th. Raymond James Financial decreased 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 research note on Wednesday, February 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Super Micro Computer in a research report on Friday, March 27th. Finally, Argus reiterated a “hold” rating on shares of Super Micro Computer in a research note on Friday, March 20th. Four equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, Super Micro Computer presently has a consensus rating of “Hold” and a consensus price target of $35.64.

Super Micro Computer Stock Down 8.3%

The stock has a market cap of $16.02 billion, a P/E ratio of 19.96, a price-to-earnings-growth ratio of 0.54 and a beta of 1.64. The firm has a 50 day simple moving average of $28.04 and a 200-day simple moving average of $34.08. The company has a quick ratio of 1.01, a current ratio of 1.70 and a debt-to-equity ratio of 0.67.

Super Micro Computer (NASDAQ:SMCI) last issued its earnings results on Tuesday, February 3rd. The company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.49 by $0.20. The company had revenue of $12.68 billion during the quarter, compared to the consensus estimate of $10.34 billion. Super Micro Computer had a return on equity of 13.22% and a net margin of 3.11%.The firm’s revenue for the quarter was up 123.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.59 EPS. Super Micro Computer has set its Q3 2026 guidance at 0.600- EPS. On average, equities research analysts forecast 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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SMCI. OVERSEA CHINESE BANKING Corp Ltd lifted its position in Super Micro Computer by 210.8% during the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 49,806 shares of the company’s stock worth $1,498,000 after acquiring an additional 33,782 shares during the last quarter. KG&L Capital Management LLC bought a new stake in shares of Super Micro Computer during the third quarter worth approximately $875,000. Impact Partnership Wealth LLC acquired a new position in shares of Super Micro Computer in the third quarter valued at approximately $832,000. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Super Micro Computer by 54.7% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 107,789 shares of the company’s stock valued at $3,155,000 after purchasing an additional 38,098 shares during the last quarter. Finally, UG Investment Advisers Ltd. bought a new position in shares of Super Micro Computer during the third quarter worth approximately $1,009,000. 84.06% of the stock is owned by institutional investors.

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.