Wedbush Equities Analysts Lower Earnings Estimates for SMCI

Super Micro Computer, Inc. (NASDAQ:SMCI) – Research analysts at Wedbush cut their Q1 2027 EPS estimates for Super Micro Computer in a note issued to investors on Tuesday, November 4th. Wedbush analyst M. Bryson now forecasts that the company will post earnings of $0.66 per share for the quarter, down from their prior forecast of $0.77. Wedbush currently has a “Neutral” rating and a $42.00 target price on the stock. The consensus estimate for Super Micro Computer’s current full-year earnings is $1.86 per share. Wedbush also issued estimates for Super Micro Computer’s Q2 2027 earnings at $0.74 EPS, Q3 2027 earnings at $0.66 EPS and Q4 2027 earnings at $0.74 EPS.

Super Micro Computer (NASDAQ:SMCI) last issued its earnings results on Tuesday, November 4th. The company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.11). Super Micro Computer had a return on equity of 17.14% and a net margin of 4.77%.The firm had revenue of $5.02 billion for the quarter, compared to analysts’ expectations of $6.48 billion. During the same quarter in the previous year, the firm posted $0.73 EPS. The firm’s revenue for the quarter was down 15.5% compared to the same quarter last year. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. FY 2026 guidance at EPS.

Other analysts also recently issued research reports about the company. JPMorgan Chase & Co. reduced their price objective on Super Micro Computer from $43.00 to $40.00 and set a “neutral” rating for the company in a research report on Wednesday. Raymond James Financial lowered their price target on Super Micro Computer from $53.00 to $50.00 and set an “outperform” rating on the stock in a research report on Wednesday. Needham & Company LLC reduced their target price on shares of Super Micro Computer from $60.00 to $51.00 and set a “buy” rating on the stock in a research note on Wednesday. Wall Street Zen raised shares of Super Micro Computer from a “sell” rating to a “hold” rating in a report on Saturday, October 18th. Finally, The Goldman Sachs Group set a $34.00 price target on shares of Super Micro Computer and gave the stock a “sell” rating in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $48.38.

Super Micro Computer Trading Down 4.7%

Shares of Super Micro Computer stock traded down $1.91 during trading hours on Friday, hitting $38.42. The company’s stock had a trading volume of 13,396,233 shares, compared to its average volume of 48,682,469. The company has a market capitalization of $22.83 billion, a PE ratio of 23.22, a P/E/G ratio of 1.30 and a beta of 1.50. The company has a quick ratio of 3.25, a current ratio of 5.25 and a debt-to-equity ratio of 0.74. The business has a fifty day moving average of $48.33 and a 200 day moving average of $45.77. Super Micro Computer has a 1-year low of $17.25 and a 1-year high of $66.44.

Institutional Investors Weigh In On Super Micro Computer

Institutional investors and hedge funds have recently made changes to their positions in the stock. Park Avenue Securities LLC bought a new stake in Super Micro Computer during the second quarter worth $310,000. Bank Hapoalim BM acquired a new stake in Super Micro Computer in the 2nd quarter valued at about $748,000. Fiduciary Planning LLC acquired a new position in Super Micro Computer during the second quarter worth approximately $255,000. AlphaQuest LLC raised its stake in Super Micro Computer by 352.4% in the first quarter. AlphaQuest LLC now owns 4,927 shares of the company’s stock valued at $169,000 after buying an additional 3,838 shares during the period. Finally, Public Employees Retirement System of Ohio boosted its stake in shares of Super Micro Computer by 4.7% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 161,091 shares of the company’s stock worth $7,895,000 after acquiring an additional 7,171 shares during the period. Institutional investors own 84.06% of the company’s stock.

Insider Buying and Selling

In other news, CFO David E. Weigand sold 25,000 shares of the company’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $45.14, for a total value of $1,128,500.00. Following the completion of the transaction, the chief financial officer owned 100,188 shares in the company, valued at $4,522,486.32. This represents a 19.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP George Kao sold 40,000 shares of the company’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $43.88, for a total value of $1,755,200.00. Following the transaction, the senior vice president directly owned 21,820 shares of the company’s stock, valued at $957,461.60. This represents a 64.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 90,000 shares of company stock valued at $3,890,950. 16.30% of the stock is owned by company insiders.

About Super Micro Computer

Super Micro Computer, Inc, together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.