Super Micro Computer (NASDAQ:SMCI) Trading Up 1.3% – Time to Buy?

Super Micro Computer, Inc. (NASDAQ:SMCI) shares shot up 1.3% on Monday . The company traded as high as $32.07 and last traded at $30.85. 59,906,993 shares changed hands during mid-day trading, an increase of 43% from the average session volume of 41,942,281 shares. The stock had previously closed at $30.46.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Needham & Company LLC reiterated a “buy” rating and set a $40.00 price target on shares of Super Micro Computer in a research note on Wednesday, May 6th. Raymond James Financial lowered their target price on shares of Super Micro Computer from $45.00 to $39.00 in a report on Friday, June 12th. The Goldman Sachs Group reaffirmed a “sell” rating on shares of Super Micro Computer in a report on Wednesday, May 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Super Micro Computer in a report on Friday, March 27th. Finally, Northland Securities lifted 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 given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Super Micro Computer presently has a consensus rating of “Hold” and a consensus target price of $38.57.

Super Micro Computer Stock Down 4.9%

The company has a quick ratio of 1.29, a current ratio of 2.66 and a debt-to-equity ratio of 0.88. The firm has a market cap of $16.71 billion, a PE ratio of 14.70, a P/E/G ratio of 0.49 and a beta of 1.87. The firm’s 50 day moving average is $32.72 and its 200-day moving average is $31.13.

Super Micro Computer (NASDAQ:SMCI) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.21. The business had revenue of $10.24 billion for 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 quarterly revenue was up 122.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.31 earnings per share. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. As a group, equities research analysts expect that Super Micro Computer, Inc. will post 2.11 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Super Micro Computer

Several institutional investors and hedge funds have recently modified their holdings of SMCI. Flagship Harbor Advisors LLC acquired a new position in Super Micro Computer during the fourth quarter worth approximately $25,000. Elyxium Wealth LLC acquired a new position in Super Micro Computer during the fourth quarter worth approximately $26,000. Arax Advisory Partners acquired a new position in Super Micro Computer during the fourth quarter worth approximately $28,000. SHP Wealth Management acquired a new position in Super Micro Computer during the fourth quarter worth approximately $29,000. Finally, Concord Wealth Partners increased its position in Super Micro Computer by 2,564.1% during the fourth quarter. Concord Wealth Partners now owns 1,039 shares of the company’s stock worth $30,000 after purchasing an additional 1,000 shares during the last quarter. Hedge funds and other institutional investors 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.