Super Micro Computer (NASDAQ:SMCI) Shares Up 5.8% – Still a Buy?

Shares of Super Micro Computer, Inc. (NASDAQ:SMCI) were up 5.8% during trading on Wednesday . The company traded as high as $32.31 and last traded at $32.3250. Approximately 5,268,505 shares traded hands during trading, a decline of 85% from the average daily volume of 36,288,926 shares. The stock had previously closed at $30.56.

Key Stories Impacting Super Micro Computer

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

• Positive Sentiment: SMCI is outperforming other AI server stocks, reinforcing investor appetite for the company’s AI infrastructure story. Article Title
• Positive Sentiment: Analysts and investors are still focused on Super Micro’s growth in AI servers, liquid cooling, and total data center solutions. Article Title
• Neutral Sentiment: Mizuho lifted its price target to $36 but kept a Neutral rating, signaling limited near-term conviction despite better demand trends. Article Title
• Negative Sentiment: Ongoing securities class action headlines and approaching deadlines continue to weigh on sentiment and add legal risk. Article Title

Wall Street Analyst Weigh In

A number of analysts have recently commented on SMCI shares. Raymond James Financial reissued an “outperform” rating and set a $45.00 price target on shares of Super Micro Computer in a research note on Wednesday, May 6th. Barclays cut their price target on Super Micro Computer from $38.00 to $34.00 and set an “equal weight” rating on the stock in a research note on Wednesday, May 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Super Micro Computer in a research note on Friday, March 27th. CJS Securities raised shares of Super Micro Computer from a “market underperform” rating to a “market perform” rating in a research note on Wednesday, May 6th. Finally, Citigroup reissued a “neutral” rating and issued a $31.00 price objective (up from $25.00) on shares of Super Micro Computer in a research note on Wednesday, May 6th. Four research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $38.43.

Super Micro Computer Price Performance

The firm has a market cap of $20.06 billion, a price-to-earnings ratio of 17.54, a P/E/G ratio of 0.51 and a beta of 1.69. The business’s 50-day simple moving average is $27.75 and its two-hundred day simple moving average is $31.21. The company has a current ratio of 2.66, a quick ratio of 1.29 and a debt-to-equity ratio of 0.88.

Super Micro Computer (NASDAQ:SMCI) last released its earnings results on Tuesday, May 5th. The company reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.21. The business had revenue of $10.24 billion during the quarter, compared to the consensus estimate of $12.39 billion. Super Micro Computer had a net margin of 3.70% and a return on equity of 17.49%. The company’s revenue for the quarter was up 122.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.31 EPS. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. As a group, research analysts expect that Super Micro Computer, Inc. will post 2.12 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. OVERSEA CHINESE BANKING Corp Ltd increased its stake in shares of Super Micro Computer by 210.8% in the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 49,806 shares of the company’s stock valued at $1,498,000 after acquiring an additional 33,782 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in Super Micro Computer by 54.7% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 107,789 shares of the company’s stock worth $3,155,000 after buying an additional 38,098 shares during the period. Impact Partnership Wealth LLC acquired a new position in Super Micro Computer during the 3rd quarter worth approximately $832,000. UG Investment Advisers Ltd. acquired a new position in Super Micro Computer during the 3rd quarter worth approximately $1,009,000. Finally, Generali Asset Management SPA SGR raised its stake in Super Micro Computer by 235.2% during the 4th quarter. Generali Asset Management SPA SGR now owns 70,389 shares of the company’s stock worth $2,060,000 after buying an additional 49,389 shares during the period. 84.06% of the stock is owned by institutional investors.

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.