Super Micro Computer (NASDAQ:SMCI) Stock Price Down 1.6% – Here’s What Happened

Super Micro Computer, Inc. (NASDAQ:SMCI)’s stock price dropped 1.6% during mid-day trading on Thursday . The stock traded as low as $26.70 and last traded at $27.22. Approximately 42,247,104 shares changed hands during mid-day trading, a decline of 4% from the average session volume of 43,967,172 shares. The stock had previously closed at $27.65.

Trending Headlines about Super Micro Computer

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

• Neutral Sentiment: Super Micro said two Taiwan employees were detained and two others were released on bail after prosecutors questioned workers in an investigation into alleged illegal AI server exports containing Nvidia chips. Reuters article
• Negative Sentiment: Investors remain unconvinced by Super Micro’s reassurance letter, with markets focused on the Taiwan probe and the possibility of broader fallout from the alleged Nvidia chip smuggling case. Barron’s article
• Negative Sentiment: Reports that Taiwanese prosecutors detained company employees after raids on local offices helped explain the recent selloff in SMCI shares. Yahoo Finance article
• Neutral Sentiment: Additional coverage highlighted SMCI as a volatile AI infrastructure stock, but did not add a new company-specific catalyst beyond the Taiwan investigation and broader AI trade rotation. 247WallSt article

Analyst Upgrades and Downgrades

SMCI has been the topic of several analyst reports. Barclays cut their target price on Super Micro Computer from $38.00 to $34.00 and set an “equal weight” rating on the stock in a research note on Wednesday, May 6th. Mizuho upped their price target on Super Micro Computer from $36.00 to $44.00 and gave the company a “neutral” rating in a research note on Monday, June 1st. JPMorgan Chase & Co. increased their price target on shares of Super Micro Computer from $28.00 to $32.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Northland Securities lifted their price objective on shares of Super Micro Computer from $22.00 to $34.00 in a research note on Wednesday, May 6th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $40.00 target price on shares of Super Micro Computer in a research note on Wednesday, May 6th. Four analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $38.57.

Super Micro Computer Trading Down 1.6%

The business has a 50 day simple moving average of $33.71 and a 200-day simple moving average of $30.90. The stock has a market capitalization of $16.37 billion, a price-to-earnings ratio of 14.40, a PEG ratio of 0.48 and a beta of 1.95. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.66 and a quick ratio of 1.29.

Super Micro Computer (NASDAQ:SMCI) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.21. Super Micro Computer had a return on equity of 17.49% and a net margin of 3.70%.The company had revenue of $10.24 billion for the quarter, compared to analyst estimates of $12.39 billion. During the same quarter last year, the firm posted $0.31 earnings per share. Super Micro Computer’s revenue was up 122.7% compared to the same quarter last year. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. As a group, equities analysts expect that Super Micro Computer, Inc. will post 2.13 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Flagship Harbor Advisors LLC bought a new stake in shares of Super Micro Computer during the fourth quarter worth $25,000. Elyxium Wealth LLC bought a new stake in Super Micro Computer in the 4th quarter valued at $26,000. Arax Advisory Partners acquired a new position in Super Micro Computer in the 4th quarter worth $28,000. SHP Wealth Management acquired a new position in Super Micro Computer in the 4th quarter worth $29,000. Finally, Concord Wealth Partners increased its holdings in Super Micro Computer by 2,564.1% during the 4th quarter. Concord Wealth Partners now owns 1,039 shares of the company’s stock worth $30,000 after purchasing an additional 1,000 shares in the last quarter. Institutional investors and hedge funds own 84.06% of the company’s stock.

About Super Micro Computer

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.