Super Micro Computer (NASDAQ:SMCI) Stock Price Up 1.3% – Here’s What Happened

Super Micro Computer, Inc. (NASDAQ:SMCI)’s share price traded up 1.3% during mid-day trading on Monday . The company traded as high as $32.07 and last traded at $30.85. 59,906,993 shares changed hands during trading, an increase of 43% from the average session volume of 41,942,281 shares. The stock had previously closed at $30.46.

Analysts Set New Price Targets

SMCI has been the subject of several recent analyst reports. Citigroup reiterated a “neutral” rating and set a $31.00 price target (up from $25.00) on shares of Super Micro Computer in a research note on Wednesday, May 6th. Northland Securities increased their target price on Super Micro Computer from $22.00 to $34.00 in a research note on Wednesday, May 6th. CJS Securities upgraded Super Micro Computer from a “market underperform” rating to a “market perform” rating in a research note on Wednesday, May 6th. Bank of America decreased their target price on Super Micro Computer from $34.00 to $24.00 and set an “underperform” rating for the company in a research note on Tuesday, March 24th. Finally, Wolfe Research initiated coverage on Super Micro Computer in a research note on Thursday. They set a “peer perform” rating for the company. Four equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $38.57.

Super Micro Computer Price Performance

The stock has a fifty day moving average of $32.34 and a two-hundred day moving average of $31.20. The stock has a market capitalization of $18.55 billion, a price-to-earnings ratio of 16.32, a PEG ratio of 0.51 and a beta of 1.86. 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 announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.21. The firm had revenue of $10.24 billion for the quarter, compared to analyst estimates of $12.39 billion. Super Micro Computer had a return on equity of 17.49% and a net margin of 3.70%.The business’s quarterly revenue was up 122.7% compared to the same quarter last year. During the same period last year, the company earned $0.31 EPS. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. As a group, equities research analysts forecast that Super Micro Computer, Inc. will post 2.12 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Flagship Harbor Advisors LLC bought a new position in Super Micro Computer in the 4th quarter valued at $25,000. Elyxium Wealth LLC bought a new position in Super Micro Computer in the 4th quarter valued at $26,000. Arax Advisory Partners bought a new position in shares of Super Micro Computer in the 4th quarter worth $28,000. SHP Wealth Management bought a new position in shares of Super Micro Computer in the 4th quarter worth $29,000. Finally, Concord Wealth Partners boosted its position in shares of Super Micro Computer by 2,564.1% in the 4th quarter. Concord Wealth Partners now owns 1,039 shares of the company’s stock worth $30,000 after purchasing an additional 1,000 shares during the last quarter. 84.06% of the stock is currently owned by institutional investors.

About Super Micro Computer

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.