Super Micro Computer (NASDAQ:SMCI) Price Target Raised to $44.00 at Mizuho

Super Micro Computer (NASDAQ:SMCI) had its price target upped by analysts at Mizuho from $36.00 to $44.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Mizuho’s price objective points to a potential downside of 4.53% from the company’s current price.

A number of other research analysts have also recently commented on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Super Micro Computer in a research note on Friday, March 27th. CJS Securities upgraded Super Micro Computer from a “market underperform” rating to a “market perform” rating in a research note on Wednesday, May 6th. Barclays dropped their price target on Super Micro Computer from $38.00 to $34.00 and set an “equal weight” rating for the company in a research note on Wednesday, May 6th. Wall Street Zen upgraded Super Micro Computer from a “sell” rating to a “hold” rating in a research note on Sunday, February 15th. Finally, Rosenblatt Securities increased their price target on Super Micro Computer from $32.00 to $40.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Four equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $39.00.

Super Micro Computer Stock Performance

Shares of NASDAQ:SMCI opened at $46.09 on Monday. The company has a market capitalization of $27.72 billion, a P/E ratio of 24.39, a P/E/G ratio of 0.77 and a beta of 1.86. Super Micro Computer has a 1 year low of $19.48 and a 1 year high of $62.36. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.66 and a quick ratio of 1.29. The business’s 50 day simple moving average is $28.74 and its 200 day simple moving average is $30.77.

Super Micro Computer (NASDAQ:SMCI) last released its earnings results on Tuesday, May 5th. The company reported $0.84 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $10.24 billion during the quarter, compared to analysts’ expectations of $12.39 billion. During the same period in the prior year, the company earned $0.31 earnings per share. The company’s quarterly revenue was up 122.7% on a year-over-year basis. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. On average, research analysts anticipate that Super Micro Computer will post 2.12 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Hazlett Burt & Watson Inc. raised its position in Super Micro Computer by 68.6% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 661 shares of the company’s stock worth $31,000 after purchasing an additional 269 shares during the last quarter. Fairscale Capital LLC raised its position in shares of Super Micro Computer by 12.5% in the 3rd quarter. Fairscale Capital LLC now owns 2,693 shares of the company’s stock worth $129,000 after acquiring an additional 300 shares in the last quarter. CI Investments Inc. raised its position in shares of Super Micro Computer by 12.1% in the 3rd quarter. CI Investments Inc. now owns 3,001 shares of the company’s stock worth $144,000 after acquiring an additional 324 shares in the last quarter. MCF Advisors LLC raised its position in shares of Super Micro Computer by 9.6% in the 4th quarter. MCF Advisors LLC now owns 3,696 shares of the company’s stock worth $108,000 after acquiring an additional 325 shares in the last quarter. Finally, CIBC Private Wealth Group LLC raised its position in shares of Super Micro Computer by 11.8% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 3,206 shares of the company’s stock worth $154,000 after acquiring an additional 339 shares in the last quarter. 84.06% of the stock is owned by institutional investors.

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.