Super Micro Computer (NASDAQ:SMCI) Stock Price Up 6.4% – Here’s What Happened

Super Micro Computer, Inc. (NASDAQ:SMCI)’s share price was up 6.4% during trading on Wednesday . The company traded as high as $32.96 and last traded at $32.65. Approximately 31,363,590 shares traded hands during trading, a decline of 5% from the average daily volume of 33,002,195 shares. The stock had previously closed at $30.68.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on SMCI shares. Wall Street Zen raised shares of Super Micro Computer from a “sell” rating to a “hold” rating in a report on Sunday, February 15th. Rosenblatt Securities reiterated a “buy” rating and issued a $55.00 price target on shares of Super Micro Computer in a research note on Monday, February 2nd. Citigroup reduced their price objective on Super Micro Computer from $48.00 to $39.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 20th. Barclays set a $38.00 target price on Super Micro Computer and gave the stock an “equal weight” rating in a report on Wednesday, February 4th. Finally, Mizuho set a $33.00 price objective on Super Micro Computer in a research report on Wednesday, February 4th. Five research 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. According to data from MarketBeat.com, Super Micro Computer currently has an average rating of “Hold” and a consensus price target of $43.43.

Super Micro Computer Stock Performance

The firm has a market cap of $18.75 billion, a PE ratio of 23.37, a PEG ratio of 0.64 and a beta of 1.52. 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 50-day simple moving average of $31.06 and a two-hundred day simple moving average of $38.48.

Super Micro Computer (NASDAQ:SMCI) last released its earnings results on Tuesday, February 3rd. The company reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.20. The company had revenue of $12.68 billion for the quarter, compared to analysts’ expectations of $10.34 billion. Super Micro Computer had a return on equity of 13.22% and a net margin of 3.11%.The business’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 business posted $0.59 EPS. Super Micro Computer has set its Q3 2026 guidance at 0.600- EPS. As a group, equities research analysts forecast that Super Micro Computer, Inc. will post 1.86 earnings per share for the current year.

Institutional Investors Weigh In On Super Micro Computer

Hedge funds have recently modified their holdings of the stock. Advisors Asset Management Inc. bought a new stake in shares of Super Micro Computer in the first quarter valued at $39,000. Y Intercept Hong Kong Ltd raised its stake in Super Micro Computer by 97.4% in the 2nd quarter. Y Intercept Hong Kong Ltd now owns 11,931 shares of the company’s stock valued at $585,000 after acquiring an additional 5,887 shares during the period. Keybank National Association OH bought a new stake in Super Micro Computer in the 2nd quarter valued at about $269,000. Assetmark Inc. lifted its holdings in Super Micro Computer by 72.0% during the second quarter. Assetmark Inc. now owns 4,559 shares of the company’s stock valued at $223,000 after purchasing an additional 1,908 shares during the last quarter. Finally, Prosperity Consulting Group LLC boosted its position in Super Micro Computer by 4.0% during the second quarter. Prosperity Consulting Group LLC now owns 8,764 shares of the company’s stock worth $430,000 after purchasing an additional 340 shares during the period. 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.