Super Micro Computer (NASDAQ:SMCI) Trading Down 3.7% – Here’s What Happened
by Renee Jackson · The Cerbat GemSuper Micro Computer, Inc. (NASDAQ:SMCI – Get Free Report) shares dropped 3.7% on Wednesday . The stock traded as low as $30.33 and last traded at $30.35. Approximately 24,139,816 shares traded hands during trading, a decline of 22% from the average daily volume of 30,920,131 shares. The stock had previously closed at $31.51.
Analyst Ratings Changes
A number of brokerages have commented on SMCI. Weiss Ratings restated a “hold (c)” rating on shares of Super Micro Computer in a research note on Monday, December 29th. Citigroup dropped their price target on Super Micro Computer from $48.00 to $39.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 20th. Raymond James Financial cut their price target on Super Micro Computer from $50.00 to $35.00 and set an “outperform” rating on the stock in a report on Wednesday, February 4th. Needham & Company LLC reduced their price objective on Super Micro Computer from $51.00 to $40.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. Finally, Rosenblatt Securities restated a “buy” rating and set a $55.00 price objective on shares of Super Micro Computer in a research note on Monday, February 2nd. Five equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $43.43.
View Our Latest Research Report on SMCI
Super Micro Computer Trading Down 3.7%
The firm has a market capitalization of $18.18 billion, a P/E ratio of 22.65, a PEG ratio of 0.63 and a beta of 1.52. The business’s 50 day moving average is $31.29 and its two-hundred day moving average is $37.72. The company has a quick ratio of 1.01, a current ratio of 1.70 and a debt-to-equity ratio of 0.67.
Super Micro Computer (NASDAQ:SMCI – Get Free Report) last announced its earnings results on Tuesday, February 3rd. The company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.49 by $0.20. Super Micro Computer had a net margin of 3.11% and a return on equity of 13.22%. The firm had revenue of $12.68 billion during the quarter, compared to analyst estimates of $10.34 billion. During the same quarter in the prior year, the firm posted $0.59 EPS. Super Micro Computer’s revenue was up 123.4% compared to the same quarter last year. Super Micro Computer has set its Q3 2026 guidance at 0.600- EPS. Analysts expect that Super Micro Computer, Inc. will post 1.86 EPS for the current year.
Institutional Investors Weigh In On Super Micro Computer
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. World Investment Advisors lifted its position in Super Micro Computer by 217.2% in the fourth quarter. World Investment Advisors now owns 22,699 shares of the company’s stock worth $664,000 after purchasing an additional 15,543 shares during the period. Hsbc Holdings PLC increased its position in shares of Super Micro Computer by 13.7% during the 4th quarter. Hsbc Holdings PLC now owns 1,134,891 shares of the company’s stock valued at $33,203,000 after purchasing an additional 137,180 shares during the period. SHP Wealth Management bought a new stake in shares of Super Micro Computer in the 4th quarter worth $29,000. Caitong International Asset Management Co. Ltd raised its stake in shares of Super Micro Computer by 55,558.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 33,395 shares of the company’s stock worth $977,000 after buying an additional 33,335 shares in the last quarter. Finally, Sankala Group LLC acquired a new stake in shares of Super Micro Computer in the fourth quarter valued at $136,000. Institutional investors own 84.06% of the company’s stock.
Super Micro Computer Company Profile
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.