Super Micro Computer (NASDAQ:SMCI) Stock Price Down 4.9% – Time to Sell?

Super Micro Computer, Inc. (NASDAQ:SMCI)’s share price was down 4.9% during trading on Wednesday . The company traded as low as $27.71 and last traded at $27.78. Approximately 52,799,912 shares changed hands during mid-day trading, an increase of 25% from the average daily volume of 42,165,258 shares. The stock had previously closed at $29.22.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on SMCI shares. Rosenblatt Securities raised their price objective on shares of Super Micro Computer from $32.00 to $40.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Citigroup reiterated a “neutral” rating and issued a $31.00 target price (up from $25.00) on shares of Super Micro Computer in a research report on Wednesday, May 6th. Needham & Company LLC reiterated a “buy” rating and issued a $40.00 target price on shares of Super Micro Computer in a research report on Wednesday, May 6th. CJS Securities upgraded shares of Super Micro Computer from a “market underperform” rating to a “market perform” rating in a research report on Wednesday, May 6th. Finally, Northland Securities increased their target price on shares of Super Micro Computer from $22.00 to $34.00 in a research report on Wednesday, May 6th. Four equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Super Micro Computer currently has a consensus rating of “Hold” and a consensus price target of $38.57.

Super Micro Computer Trading Down 4.9%

The company has a current ratio of 2.66, a quick ratio of 1.29 and a debt-to-equity ratio of 0.88. The company has a market cap of $16.71 billion, a PE ratio of 14.70, a P/E/G ratio of 0.51 and a beta of 1.87. The business’s 50-day simple moving average is $32.61 and its 200-day simple moving average is $31.17.

Super Micro Computer (NASDAQ:SMCI) last released its earnings results on Tuesday, May 5th. The company reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.21. The company had revenue of $10.24 billion during the quarter, compared to the consensus estimate of $12.39 billion. Super Micro Computer had a net margin of 3.70% and a return on equity of 17.49%. The company’s revenue was up 122.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.31 EPS. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. As a group, analysts expect that Super Micro Computer, Inc. will post 2.11 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in shares of Super Micro Computer by 4.1% during the 3rd quarter. Vanguard Group Inc. now owns 68,848,777 shares of the company’s stock valued at $3,300,610,000 after purchasing an additional 2,695,829 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Super Micro Computer by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 13,808,499 shares of the company’s stock valued at $402,627,000 after purchasing an additional 41,314 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Super Micro Computer by 21.2% during the 4th quarter. Invesco Ltd. now owns 9,953,780 shares of the company’s stock valued at $291,347,000 after purchasing an additional 1,738,749 shares in the last quarter. Disciplined Growth Investors Inc. MN raised its holdings in shares of Super Micro Computer by 16.5% during the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 9,730,773 shares of the company’s stock valued at $476,905,000 after purchasing an additional 1,381,046 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Super Micro Computer during the 4th quarter valued at $136,569,000. 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.