Super Micro Computer (NASDAQ:SMCI) Stock Price Up 3.1% – Here’s What Happened

Super Micro Computer, Inc. (NASDAQ:SMCI)’s share price was up 3.1% on Tuesday. The stock traded as high as $32.28 and last traded at $31.39. 54,953,165 shares changed hands during mid-day trading, an increase of 27% from the average daily volume of 43,284,281 shares. The stock had previously closed at $30.44.

Key Headlines Impacting Super Micro Computer

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

• Positive Sentiment: A rebound across AI-server makers is lifting the sector and providing support for SMCI ahead of earnings. Article: Super Micro Climbs Ahead of Earnings as AI Server Stocks Bounce
• Neutral Sentiment: SMCI is due to report fiscal Q1 results after the market close. Expectations call for substantial revenue and profit growth, but the results and management’s outlook will determine whether that optimism is justified. Options imply a potentially large post-report move, reflecting heightened uncertainty. Article: Super Micro Stock Faces Earnings Test as Options Signal 12.5% Move
• Negative Sentiment: Investors remain concerned that AI infrastructure spending could cool and that gross-margin pressure may blunt the benefit of strong sales growth. These issues could weigh on the market reaction even if earnings rise. Article: Super Micro Computer Q1 Earnings Preview
• Negative Sentiment: A report that the shares crossed below their 200-day moving average adds a technical headwind amid recent volatility. Article: Super Micro Stock Crosses Below 200-Day Moving Average

Analyst Ratings Changes

SMCI has been the subject of a number of recent analyst reports. Mizuho raised their price objective on shares of Super Micro Computer from $35.00 to $43.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 6th. Raymond James Financial reissued an “outperform” rating and set a $48.00 target price on shares of Super Micro Computer in a research note on Wednesday, August 12th. Northland Securities set a $36.00 target price on Super Micro Computer in a report on Wednesday, July 22nd. Barclays set a $39.00 target price on Super Micro Computer and gave the stock an “equal weight” rating in a research report on Wednesday, August 12th. Finally, Wedbush lifted their price target on Super Micro Computer from $34.00 to $40.00 and gave the company a “neutral” rating in a report on Wednesday, August 12th. Four investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $43.07.

Super Micro Computer Stock Up 3.1%

The company has a quick ratio of 2.07, a current ratio of 3.87 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $20.62 billion, a PE ratio of 9.81, a price-to-earnings-growth ratio of 0.56 and a beta of 2.02. The business’s 50-day moving average price is $38.10 and its 200-day moving average price is $32.69.

Super Micro Computer (NASDAQ:SMCI) last released its quarterly earnings data on Tuesday, August 11th. The company reported $1.70 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.78. Super Micro Computer had a net margin of 5.71% and a return on equity of 27.83%. The firm had revenue of $11.12 billion for the quarter, compared to analyst estimates of $11.60 billion. During the same quarter in the prior year, the business earned $0.31 EPS. The company’s revenue for the quarter 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 research analysts predict that Super Micro Computer, Inc. will post 4.17 EPS for the current fiscal year.

Insiders Place Their Bets

In other Super Micro Computer news, Director Chiu-Chu Liang sold 100,000 shares of the business’s stock in a transaction dated Wednesday, October 7th. The stock was sold at an average price of $45.02, for a total value of $4,502,000.00. Following the transaction, the director owned 337,506 shares in the company, valued at $15,194,520.12. The trade was a 22.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Liang sold 100,000 shares of the company’s stock in a transaction dated Wednesday, October 7th. The stock was sold at an average price of $45.02, for a total value of $4,502,000.00. Following the completion of the transaction, the chief executive officer directly owned 337,506 shares in the company, valued at approximately $15,194,520.12. The trade was a 22.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 400,000 shares of company stock worth $16,442,000 over the last ninety days. 16.10% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Super Micro Computer

Several large investors have recently made changes to their positions in the company. Pictet Asset Management Holding SA raised its position in Super Micro Computer by 1.1% during the third quarter. Pictet Asset Management Holding SA now owns 215,499 shares of the company’s stock valued at $8,851,000 after acquiring an additional 2,342 shares in the last quarter. Parallel Advisors LLC raised its holdings in shares of Super Micro Computer by 15.3% during the 3rd quarter. Parallel Advisors LLC now owns 5,538 shares of the company’s stock valued at $227,000 after purchasing an additional 734 shares in the last quarter. Alps Advisors Inc. lifted its stake in shares of Super Micro Computer by 248.0% in the 3rd quarter. Alps Advisors Inc. now owns 25,315 shares of the company’s stock valued at $1,040,000 after purchasing an additional 18,040 shares during the last quarter. Heritage Family Offices LLP acquired a new stake in shares of Super Micro Computer in the 3rd quarter valued at $43,000. Finally, Kestra Advisory Services LLC lifted its stake in shares of Super Micro Computer by 15.2% in the 3rd quarter. Kestra Advisory Services LLC now owns 36,472 shares of the company’s stock valued at $1,498,000 after purchasing an additional 4,799 shares during the last quarter. Institutional investors own 84.06% of the company’s stock.

Super Micro Computer Company Profile

Super Micro Computer, Inc develops and sells high-performance server and storage systems for data centers, cloud computing, enterprise IT, telecommunications, and other demanding computing environments. The company offers application-optimized servers, workstations, blade and rack systems, storage solutions, networking products, and related infrastructure.

Supermicro also provides systems designed for artificial intelligence, machine learning, accelerated computing, and other workloads that use graphics processing units and specialized processors.