Super Micro Computer (NASDAQ:SMCI) Trading 2% Higher – Here’s Why

Super Micro Computer, Inc. (NASDAQ:SMCI) shot up 2% on Monday . The company traded as high as $35.88 and last traded at $35.37. 20,993,877 shares traded hands during mid-day trading, a decline of 55% from the average session volume of 46,748,098 shares. The stock had previously closed at $34.69.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Rosenblatt Securities cut their target price on Super Micro Computer from $60.00 to $55.00 and set a “buy” rating on the stock in a report on Wednesday, November 5th. Barclays lowered their price objective on Super Micro Computer from $45.00 to $43.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 5th. The Goldman Sachs Group set a $34.00 target price on Super Micro Computer and gave the company a “sell” rating in a report on Wednesday, November 5th. Wall Street Zen lowered shares of Super Micro Computer from a “hold” rating to a “sell” rating in a report on Saturday, November 15th. Finally, Wedbush reduced their price objective on shares of Super Micro Computer from $48.00 to $42.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Super Micro Computer has an average rating of “Hold” and an average target price of $48.38.

Super Micro Computer Price Performance

The stock has a market capitalization of $21.11 billion, a P/E ratio of 28.30, a PEG ratio of 0.70 and a beta of 1.53. The company has a debt-to-equity ratio of 0.72, a quick ratio of 2.95 and a current ratio of 5.39. The business has a fifty day simple moving average of $44.51 and a 200-day simple moving average of $45.67.

Super Micro Computer (NASDAQ:SMCI) last released 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). The company had revenue of $5.02 billion for the quarter, compared to analyst estimates of $6.48 billion. Super Micro Computer had a net margin of 3.77% and a return on equity of 12.70%. The firm’s revenue was down 15.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.73 EPS. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. Sell-side analysts expect that Super Micro Computer, Inc. will post 1.86 earnings per share for the current fiscal year.

Insider Activity

In other news, CFO David E. Weigand sold 25,000 shares of the firm’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $45.14, for a total value of $1,128,500.00. Following the completion of the sale, the chief financial officer directly owned 100,188 shares in the company, valued at $4,522,486.32. This trade represents a 19.97% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 16.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Super Micro Computer by 4.1% during the third quarter. Vanguard Group Inc. now owns 68,848,777 shares of the company’s stock worth $3,300,610,000 after purchasing an additional 2,695,829 shares during the period. Geode Capital Management LLC increased its stake in Super Micro Computer by 2.7% during the 2nd quarter. Geode Capital Management LLC now owns 13,752,581 shares of the company’s stock valued at $671,316,000 after purchasing an additional 364,411 shares in the last quarter. Disciplined Growth Investors Inc. MN raised its holdings in Super Micro Computer by 16.5% during the second quarter. Disciplined Growth Investors Inc. MN now owns 9,730,773 shares of the company’s stock worth $476,905,000 after buying an additional 1,381,046 shares during the last quarter. Invesco Ltd. raised its holdings in Super Micro Computer by 31.6% during the second quarter. Invesco Ltd. now owns 8,639,784 shares of the company’s stock worth $423,436,000 after buying an additional 2,073,978 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Super Micro Computer by 5.3% in the second quarter. Charles Schwab Investment Management Inc. now owns 3,971,739 shares of the company’s stock valued at $194,655,000 after buying an additional 200,109 shares in the last quarter. Institutional investors own 84.06% of the company’s stock.

Super Micro Computer Company Profile

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.