Super Micro Computer (NASDAQ:SMCI) Shares Up 9.5% – Here’s Why

Super Micro Computer, Inc. (NASDAQ:SMCI)’s stock price shot up 9.5% on Thursday . The stock traded as high as $41.01 and last traded at $40.35. 62,078,247 shares were traded during trading, an increase of 39% from the average daily volume of 44,593,805 shares. The stock had previously closed at $36.85.

Key Super Micro Computer News

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

• Positive Sentiment: Super Micro has beaten earnings estimates in three of the past four quarters, while its backlog reportedly reached a record level. A valuation metric highlighted by 24/7 Wall St. is at a level that has historically preceded significant repricing; the article argues that meeting certain growth conditions could support roughly 58% additional upside. The SMCI Number I’m Watching Could Decide Where the Stock Goes Next
• Positive Sentiment: Goldman Sachs’ forecast for aggressive expansion in the AI-server total addressable market through the end of the decade helped lift Super Micro alongside Hewlett Packard Enterprise and Dell. The broader sector rally and renewed demand for AI infrastructure improved near-term momentum for SMCI. SMCI Stock Rallies as Goldman Sachs Flags Expanding Addressable Market
• Positive Sentiment: Investors also responded positively to a wider rebound in high-beta technology stocks following the Federal Reserve’s latest interest-rate decision, with AI server makers among the leading beneficiaries. Super Micro Computer Stock Climbs Thursday: What’s Going On?
• Neutral Sentiment: Despite expectations for another substantial revenue increase, some investors appear unwilling to fully credit the forecasts, suggesting that execution, margins, and the sustainability of AI-server demand remain important tests for the stock. Super Micro Stock Slips as Investors Look Past Massive Growth Estimates
• Negative Sentiment: Goldman Sachs continues to maintain a Sell rating on Super Micro, limiting the impact of its otherwise favorable industry outlook and reinforcing concerns about company-specific risks. Goldman Sachs Sticks to Its Sell Rating for Super Micro Computer
• Negative Sentiment: Kuehn Law is investigating whether Super Micro officers and directors breached fiduciary duties. The announcement does not establish wrongdoing, but it adds legal and governance overhang that may weigh on investor confidence. Kuehn Law Encourages Investors of Super Micro Computer Investors to Contact Law Firm

Wall Street Analyst Weigh In

A number of research firms have issued reports on SMCI. Citigroup raised their price target on shares of Super Micro Computer from $33.00 to $39.00 and gave the stock a “neutral” rating in a report on Wednesday, August 12th. Sanford C. Bernstein set a $42.00 price objective on shares of Super Micro Computer in a report on Thursday, August 13th. The Goldman Sachs Group reissued a “sell” rating and issued a $34.00 target price (up from $30.00) on shares of Super Micro Computer in a research report on Wednesday, August 12th. Wedbush raised their target price on Super Micro Computer from $34.00 to $40.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 12th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Super Micro Computer in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $42.13.

Super Micro Computer Stock Down 3.1%

The company has a market cap of $25.68 billion, a price-to-earnings ratio of 12.22, a PEG ratio of 0.76 and a beta of 2.00. The business has a fifty day moving average of $33.78 and a two-hundred day moving average of $31.72. The company has a current ratio of 3.87, a quick ratio of 2.07 and a debt-to-equity ratio of 0.65.

Super Micro Computer (NASDAQ:SMCI) last issued its quarterly earnings data on Tuesday, August 11th. The company reported $1.70 EPS for the quarter, beating the consensus estimate of $0.92 by $0.78. Super Micro Computer had a return on equity of 27.83% and a net margin of 5.71%.The company had revenue of $11.12 billion for the quarter, compared to analyst estimates of $11.60 billion. During the same period last year, the company earned $0.31 earnings per share. Super Micro Computer’s quarterly revenue was up 93.2% compared to the same quarter last year. Super Micro Computer has set its Q1 2027 guidance at 1.010-1.100 EPS. As a group, equities analysts anticipate that Super Micro Computer, Inc. will post 4.04 EPS for the current fiscal year.

Insider Buying and Selling at Super Micro Computer

In other news, CEO Charles Liang sold 100,000 shares of Super Micro Computer stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $37.19, for a total value of $3,719,000.00. Following the sale, the chief executive officer owned 537,506 shares in the company, valued at $19,989,848.14. This trade represents a 15.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Chiu-Chu Liang sold 100,000 shares of the firm’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $37.19, for a total transaction of $3,719,000.00. Following the completion of the transaction, the director directly owned 537,506 shares in the company, valued at $19,989,848.14. This represents a 15.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 16.10% of the company’s stock.

Institutional Investors Weigh In On Super Micro Computer

A number of hedge funds have recently modified their holdings of SMCI. MCF Advisors LLC grew its stake in Super Micro Computer by 22.8% during the 2nd quarter. MCF Advisors LLC now owns 3,667 shares of the company’s stock valued at $108,000 after acquiring an additional 680 shares in the last quarter. National Pension Service boosted its stake in Super Micro Computer by 191.7% during the second quarter. National Pension Service now owns 99,868 shares of the company’s stock worth $2,929,000 after buying an additional 65,632 shares during the last quarter. NewEdge Advisors LLC increased its stake in shares of Super Micro Computer by 183.5% in the 2nd quarter. NewEdge Advisors LLC now owns 158,321 shares of the company’s stock worth $4,644,000 after acquiring an additional 102,474 shares during the last quarter. Baird Financial Group Inc. purchased a new position in shares of Super Micro Computer during the 2nd quarter worth $292,000. Finally, Allworth Financial LP grew its holdings in shares of Super Micro Computer by 11.3% in the second quarter. Allworth Financial LP now owns 37,880 shares of the company’s stock valued at $1,111,000 after purchasing an additional 3,858 shares during the period. 84.06% of the stock is currently owned by institutional investors and hedge funds.

Super Micro Computer Company Profile

Super Micro Computer, Inc, doing business as Supermicro, develops and sells application-optimized server and storage systems. Its product portfolio includes servers, workstations, storage platforms, networking equipment, motherboards, chassis, power supplies and related software and support services.

The company also provides high-performance computing and data center infrastructure, including systems designed for artificial intelligence, machine learning, cloud computing, enterprise applications, telecommunications and edge computing.