Super Micro Computer (NASDAQ:SMCI) Stock Price Down 1.9% – Here’s Why

17 Oct 2026, 19:41 by Danessa Lincoln · The Markets Daily

Super Micro Computer, Inc. (NASDAQ:SMCI – Get Free Report) shares were down 1.9% during trading on Thursday. The stock traded as low as $32.38 and last traded at $35.09. 36,517,000 shares were traded during trading, a decline of 16% from the average daily volume of 43,584,098 shares. The stock had previously closed at $35.78.

Key Super Micro Computer News

Here are the key news stories impacting Super Micro Computer this week:

Positive Sentiment: New CFO could improve financial oversight: Super Micro appointed Mark Long, a former Western Digital finance executive, as chief financial officer effective October 15. His experience may help strengthen accounting, reporting, and cash-management processes. Super Micro appoints Mark Long as chief financial officer
Positive Sentiment: Some analysts still see substantial upside: Rosenblatt Securities reaffirmed its “buy” rating with a $51 price target, while one longer-term analysis estimated a potential target near $72. These targets reflect confidence in Super Micro’s exposure to AI server demand. Wall Street sets SMCI stock price target
Neutral Sentiment: Valuation is inexpensive but may reflect execution risks: Super Micro trades at roughly 9.8 times earnings, well below the S&P 500 median cited in the analysis. Investors must determine whether the discount represents a bargain or reflects concerns that reported profits are not translating into cash. Is SMCI Stock A Real Bargain?
Negative Sentiment: The CFO transition raises governance concerns: The replacement came nearly two years after an advisory committee reportedly sought the former CFO’s removal. Coverage also highlights a nearly $7 billion use of free cash flow and prior legal and compliance controversies, increasing scrutiny of Super Micro’s financial controls. Super Micro’s CFO is out after change was slow-walked
Negative Sentiment: AI hardware-sector concerns are weighing on SMCI: Investors are questioning the timing and financing of enterprise AI infrastructure spending, pressuring Super Micro alongside Dell and Hewlett Packard Enterprise. The sector-wide risk-off move is adding to company-specific concerns. AI financing worries extend hardware selloff

Wall Street Analysts Forecast Growth

SMCI has been the topic of several research analyst reports. Raymond James Financial reaffirmed an “outperform” rating and issued a $48.00 price objective on shares of Super Micro Computer in a research note on Wednesday, August 12th. Northland Securities set a $36.00 price target on shares of Super Micro Computer in a research note on Wednesday, July 22nd. Wedbush lifted their price target on shares of Super Micro Computer from $34.00 to $40.00 and gave the company a “neutral” rating in a report on Wednesday, August 12th. Citigroup reaffirmed a “neutral” rating and set a $45.00 price target (up from $39.00) on shares of Super Micro Computer in a report on Thursday, October 8th. Finally, Mizuho upped their price objective on shares of Super Micro Computer from $35.00 to $43.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 6th. Four research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $43.07.

Get Our Latest Report on SMCI

Super Micro Computer Price Performance

The company has a 50 day moving average price of $38.84 and a 200-day moving average price of $33.42. The company has a quick ratio of 2.07, a current ratio of 3.87 and a debt-to-equity ratio of 0.65. The company has a market cap of $20.78 billion, a price-to-earnings ratio of 9.88, a P/E/G ratio of 0.68 and a beta of 2.02.

Super Micro Computer (NASDAQ:SMCI – Get Free Report) last posted its earnings results on Tuesday, August 11th. The company reported $1.70 EPS for the quarter, topping the consensus estimate of $0.92 by $0.78. Super Micro Computer had a net margin of 5.71% and a return on equity of 27.83%. The business had revenue of $11.12 billion for the quarter, compared to the consensus estimate of $11.60 billion. During the same period last year, the company earned $0.31 EPS. The firm’s revenue was up 93.2% compared to the same quarter last year. Super Micro Computer has set its Q1 2027 guidance at 1.010-1.100 EPS. As a group, equities research analysts predict that Super Micro Computer, Inc. will post 3.94 EPS for the current fiscal year.

Insider Activity at Super Micro Computer

In other Super Micro Computer news, Director Chiu-Chu Liang sold 100,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 7th. The shares were sold at an average price of $45.02, for a total transaction of $4,502,000.00. Following the completion of the transaction, the director owned 337,506 shares in the company, valued at approximately $15,194,520.12. This trade represents a 22.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Liang sold 100,000 shares of Super Micro Computer stock in a transaction on Wednesday, October 7th. The stock was sold at an average price of $45.02, for a total transaction of $4,502,000.00. Following the transaction, the chief executive officer directly owned 337,506 shares of the company’s stock, valued at $15,194,520.12. This represents a 22.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 400,000 shares of company stock valued at $16,442,000. Company insiders own 16.10% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in SMCI. Dimensional Fund Advisors LP boosted its stake in Super Micro Computer by 2.8% during the first quarter. Dimensional Fund Advisors LP now owns 4,082,780 shares of the company’s stock worth $92,872,000 after acquiring an additional 111,388 shares in the last quarter. Assenagon Asset Management S.A. grew its holdings in Super Micro Computer by 1,770.4% in the second quarter. Assenagon Asset Management S.A. now owns 2,174,863 shares of the company’s stock worth $63,789,000 after purchasing an additional 2,058,588 shares during the period. Swiss National Bank increased its stake in Super Micro Computer by 7.6% in the first quarter. Swiss National Bank now owns 1,576,800 shares of the company’s stock valued at $35,904,000 after purchasing an additional 111,100 shares in the last quarter. Hsbc Holdings PLC increased its stake in Super Micro Computer by 13.7% in the fourth 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 in the last quarter. Finally, Principal Financial Group Inc. raised its holdings in shares of Super Micro Computer by 1.3% during the first quarter. Principal Financial Group Inc. now owns 565,746 shares of the company’s stock valued at $12,882,000 after purchasing an additional 7,373 shares during the period. 84.06% of the stock is owned by institutional investors and hedge funds.

About Super Micro Computer

(Get Free Report)

Super Micro Computer, Inc develops and sells application-optimized server and storage systems for data centers, cloud computing, enterprise IT, artificial intelligence, and other demanding computing environments. The company offers complete computing platforms as well as modular components, allowing customers to configure systems for specific performance, power, and workload requirements.

Its product portfolio includes server and storage systems, workstations, networking equipment, rack-scale solutions, GPU and AI systems, and related software and services.