Super Micro Computer (NASDAQ:SMCI) Stock Price Down 2.8% – What’s Next?

Super Micro Computer, Inc. (NASDAQ:SMCI)’s share price was down 2.8% during trading on Tuesday. The company traded as low as $27.13 and last traded at $27.79. 45,404,110 shares traded hands during mid-day trading, an increase of 4% from the average session volume of 43,651,523 shares. The stock had previously closed at $28.60.

More Super Micro Computer News

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

• Positive Sentiment: Super Micro raised its fiscal 2027 revenue outlook to $72 billion–$82 billion, and its CEO described the forecast as conservative. Article: Super Micro CEO Calls a $72 Billion to $82 Billion Outlook “Very, Very Conservative”
• Positive Sentiment: Zacks added SMCI to its Rank #1 (Strong Buy) lists for both stocks overall and value stocks. Separately, Northland raised its Q4 2028 EPS estimate to $1.64 from $1.56, a modestly favorable analyst signal. Article: New Strong Buy Stocks for November 10th
• Neutral Sentiment: Wall Street reportedly revised its view of SMCI, but the article excerpt does not provide specific price targets or the direction of those revisions. Article: Wall Street sets ORLC and SMCI price targets for next 12 months
• Negative Sentiment: A drop in NVIDIA shares is dragging AI-server makers lower, including Super Micro, as concerns around its key chip supplier spill across the hardware sector. Article: Super Micro Falls as NVIDIA’s Slide Drags AI Server Stocks
• Negative Sentiment: A Seeking Alpha analysis highlights substantial working-capital needs and negative cash flow—potential concerns even amid strong growth expectations. Article: Super Micro Q1 Earnings: Large Working Capital Requirements And Negative Cash Flow

Analyst Ratings Changes

Several equities analysts recently commented on SMCI shares. Wedbush increased their price objective on shares of Super Micro Computer from $34.00 to $40.00 and gave the company a “neutral” rating in a research report on Wednesday, August 12th. Needham & Company LLC reaffirmed a “buy” rating and set a $46.00 target price on shares of Super Micro Computer in a report on Wednesday, August 12th. Sanford C. Bernstein set a $42.00 price target on shares of Super Micro Computer in a report on Thursday, August 13th. Northland Securities set a $36.00 price target on shares of Super Micro Computer in a research report on Wednesday, July 22nd. Finally, The Goldman Sachs Group reaffirmed a “sell” rating and issued a $34.00 price objective (up from $30.00) on shares of Super Micro Computer in a report on Wednesday, August 12th. Four investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $41.29.

Super Micro Computer Stock Down 2.8%

The company has a debt-to-equity ratio of 0.56, a quick ratio of 2.07 and a current ratio of 3.02. The business has a 50 day simple moving average of $37.27 and a 200-day simple moving average of $32.64. The firm has a market capitalization of $18.26 billion, a price-to-earnings ratio of 5.93, a P/E/G ratio of 0.46 and a beta of 2.17.

Super Micro Computer (NASDAQ:SMCI) last announced its quarterly earnings results on Tuesday, November 3rd. The company reported $1.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.28 by $0.53. The business had revenue of $19.95 billion during the quarter, compared to the consensus estimate of $16.29 billion. Super Micro Computer had a net margin of 6.77% and a return on equity of 38.97%. The business’s revenue was up 297.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.35 EPS. On average, equities analysts expect that Super Micro Computer, Inc. will post 4.31 EPS for the current year.

Insiders Place Their Bets

In other news, Director Chiu-Chu Liang sold 100,000 shares of the firm’s 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 completion of the transaction, the director directly owned 337,506 shares in the company, valued at $15,194,520.12. This trade represents a 22.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Scott Angel bought 1,715 shares of the stock in a transaction that occurred on Friday, November 6th. The shares were purchased at an average price of $29.12 per share, with a total value of $49,940.80. Following the completion of the acquisition, the director directly owned 8,770 shares in the company, valued at $255,382.40. This trade represents a 24.31% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have sold 400,000 shares of company stock worth $16,442,000 over the last ninety days. Corporate insiders own 16.10% of the company’s stock.

Hedge Funds Weigh In On Super Micro Computer

Institutional investors and hedge funds have recently modified their holdings of the company. Quest 10 Wealth Builders Inc. increased its holdings in shares of Super Micro Computer by 235.2% in the 3rd quarter. Quest 10 Wealth Builders Inc. now owns 600 shares of the company’s stock valued at $25,000 after acquiring an additional 421 shares during the last quarter. Heritage Family Offices LLP acquired a new stake in shares of Super Micro Computer during the third quarter worth about $43,000. Bradley & Co. Private Wealth Management LLC purchased a new stake in shares of Super Micro Computer in the third quarter valued at about $49,000. Root Financial Partners LLC acquired a new position in Super Micro Computer during the 3rd quarter worth approximately $55,000. Finally, TOP Private Wealth LLC. purchased a new position in Super Micro Computer in the second quarter worth $42,000. Institutional investors and hedge funds own 84.06% of the company’s stock.

Super Micro Computer Company Profile

Super Micro Computer, Inc. designs and sells server and storage systems, networking equipment, and related software and services. Its offerings include systems for data centers, cloud computing, enterprise applications, high-performance computing, artificial intelligence, and edge computing. The company emphasizes application-optimized solutions, including integrated rack-scale systems that combine computing, storage, networking, and management tools. It also provides system configuration, deployment, and support services.