Super Micro Computer (NASDAQ:SMCI) Shares Down 5% – Should You Sell?

Shares of Super Micro Computer, Inc. (NASDAQ:SMCI) traded down 5% on Thursday . The company traded as low as $30.42 and last traded at $30.43. 25,391,017 shares changed hands during trading, a decline of 30% from the average session volume of 36,025,230 shares. The stock had previously closed at $32.04.

Wall Street Analysts Forecast Growth

A number of analysts have commented on SMCI shares. Wall Street Zen downgraded Super Micro Computer from a “hold” rating to a “sell” rating in a research report on Saturday, November 15th. Mizuho set a $33.00 target price on Super Micro Computer in a research note on Wednesday, February 4th. JPMorgan Chase & Co. decreased their price target on shares of Super Micro Computer from $43.00 to $40.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 5th. Needham & Company LLC lowered their price target on shares of Super Micro Computer from $51.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. Finally, Citigroup reduced their price objective on shares of Super Micro Computer from $48.00 to $39.00 and set a “neutral” rating for the company in a report on Tuesday, January 20th. Six research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $43.43.

Super Micro Computer Stock Up 0.4%

The company has a market cap of $18.29 billion, a P/E ratio of 22.79, a PEG ratio of 0.59 and a beta of 1.53. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.70 and a quick ratio of 1.01. The business’s 50 day moving average price is $31.17 and its 200-day moving average price is $40.39.

Super Micro Computer (NASDAQ:SMCI) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.20. Super Micro Computer had a return on equity of 13.22% and a net margin of 3.11%.The firm had revenue of $12.68 billion during the quarter, compared to analysts’ expectations of $10.34 billion. During the same period last year, the firm posted $0.59 EPS. The business’s revenue was up 123.4% on a year-over-year basis. Super Micro Computer has set its Q3 2026 guidance at 0.600- EPS. On average, analysts anticipate that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Super Micro Computer

A number of institutional investors have recently modified their holdings of SMCI. Blue Trust Inc. increased its holdings in shares of Super Micro Computer by 16.1% in the second quarter. Blue Trust Inc. now owns 1,557 shares of the company’s stock valued at $76,000 after purchasing an additional 216 shares in the last quarter. Securian Asset Management Inc. increased its stake in shares of Super Micro Computer by 0.9% in the 2nd quarter. Securian Asset Management Inc. now owns 26,834 shares of the company’s stock valued at $1,315,000 after buying an additional 246 shares during the period. Tokio Marine Asset Management Co. Ltd. raised its position in shares of Super Micro Computer by 1.4% during the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 19,374 shares of the company’s stock worth $929,000 after acquiring an additional 266 shares during the last quarter. Hazlett Burt & Watson Inc. lifted its stake in shares of Super Micro Computer by 68.6% during the third quarter. Hazlett Burt & Watson Inc. now owns 661 shares of the company’s stock valued at $31,000 after acquiring an additional 269 shares during the period. Finally, Mutual of America Capital Management LLC boosted its holdings in Super Micro Computer by 0.5% in the second quarter. Mutual of America Capital Management LLC now owns 58,852 shares of the company’s stock valued at $2,884,000 after acquiring an additional 297 shares during 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.