Citigroup Raises Super Micro Computer (NASDAQ:SMCI) Price Target to $39.00

Super Micro Computer (NASDAQ:SMCI) had its target price lifted by Citigroup from $33.00 to $39.00 in a report released on Wednesday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Citigroup’s price objective points to a potential upside of 2.90% from the company’s previous close.

Several other equities analysts also recently weighed in on the stock. Needham & Company LLC reiterated a “buy” rating and issued a $46.00 price target on shares of Super Micro Computer in a report on Wednesday. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Super Micro Computer in a report on Wednesday. Bank of America reiterated an “underperform” rating on shares of Super Micro Computer in a research note on Wednesday. Barclays set a $39.00 target price on shares of Super Micro Computer and gave the stock an “equal weight” rating in a report on Wednesday. Finally, Northland Securities set a $36.00 price target on shares of Super Micro Computer in a report on Wednesday, July 22nd. Four equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $41.80.

Super Micro Computer Stock Performance

Super Micro Computer stock traded up $6.30 during trading hours on Wednesday, hitting $37.90. 127,914,191 shares of the stock traded hands, compared to its average volume of 44,520,566. 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 firm’s 50 day moving average price is $30.58 and its 200-day moving average price is $30.44. The stock has a market capitalization of $22.79 billion, a price-to-earnings ratio of 20.05, a P/E/G ratio of 0.37 and a beta of 1.95. Super Micro Computer has a 1 year low of $19.48 and a 1 year high of $58.78.

Super Micro Computer (NASDAQ:SMCI) last announced its quarterly earnings data on Tuesday, August 11th. The company reported $1.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.78. Super Micro Computer had a return on equity of 17.49% and a net margin of 3.70%.The firm had revenue of $11.12 billion during the quarter, compared to analysts’ expectations of $11.60 billion. During the same period last year, the business posted $0.31 earnings per share. The company’s revenue for the quarter 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 analysts expect that Super Micro Computer will post 2.1 EPS for the current fiscal year.

Institutional Investors Weigh In On Super Micro Computer

Several hedge funds have recently bought and sold shares of the stock. Flagship Harbor Advisors LLC acquired a new stake in shares of Super Micro Computer during the 4th quarter worth approximately $25,000. Elyxium Wealth LLC acquired a new position in shares of Super Micro Computer in the 4th quarter valued at $26,000. Arax Advisory Partners acquired a new position in shares of Super Micro Computer in the 4th quarter valued at $28,000. SHP Wealth Management purchased a new stake in Super Micro Computer during the fourth quarter worth $29,000. Finally, Concord Wealth Partners grew its position in Super Micro Computer by 2,564.1% during the fourth quarter. Concord Wealth Partners now owns 1,039 shares of the company’s stock valued at $30,000 after buying an additional 1,000 shares during the period. Hedge funds and other institutional investors own 84.06% of the company’s stock.

Super Micro Computer News Summary

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

• Positive Sentiment: Super Micro reported fourth-quarter adjusted EPS of $1.70, well above the roughly $0.92 analyst consensus and up sharply from $0.31 a year earlier. Revenue rose 93.2% year over year to $11.12 billion, supported by AI-server demand, record orders and stronger profitability. Revenue was nevertheless slightly below the $11.60 billion consensus. Super Micro Computer Q4 Earnings Beat Estimates, Revenues Rise Y/Y
• Positive Sentiment: Management forecast fiscal 2027 revenue of $65 billion to $72 billion, far above the approximately $53.1 billion consensus estimate. First-quarter fiscal 2027 revenue guidance of $14.5 billion to $15.5 billion and EPS guidance of $1.01 to $1.10 also exceeded Wall Street expectations. The company cited AI-driven growth, a record backlog, enterprise demand and expansion of its direct-liquid-cooling business. Super Micro forecasts upbeat annual revenue
• Positive Sentiment: Analysts raised their valuations following the report. Rosenblatt lifted its price target to $51 and reaffirmed a buy rating, while Needham maintained a buy rating with a $46 target. Wedbush raised its target to $40 but retained a neutral rating. Analysts Boost Forecasts on Super Micro Computer
• Neutral Sentiment: Broader technology shares also benefited from evidence that demand for AI data-center capacity remains strong, with upbeat results from CoreWeave and Super Micro supporting the sector. In-line July CPI data provided a generally supportive backdrop for growth stocks.
• Negative Sentiment: Investors remain concerned about margin volatility. Although fourth-quarter gross margin reached approximately 17.6%, management indicated that first-quarter margins could decline substantially as product mix shifts toward lower-margin enterprise business. The company also offered no firm free-cash-flow commitment, keeping execution and cash generation as risks. Super Micro Computer: A Good Quarter, But The Same Turbulent Margins

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.