Renaissance Technologies LLC Makes New Investment in Super Micro Computer, Inc. $SMCI

Key Points

• Renaissance Technologies opened a new position in Super Micro Computer during the first quarter, purchasing 59,400 shares valued at approximately $1.35 million.
• Other institutional investors also increased or initiated holdings, and hedge funds and institutions now own approximately 84.06% of SMCI’s outstanding shares.
• Super Micro reported strong earnings growth, with quarterly EPS of $1.70 and revenue up 93.2% year over year, although revenue missed estimates and analysts maintain a consensus “Hold” rating with a $42.13 target price.

Renaissance Technologies LLC purchased a new stake in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The firm purchased 59,400 shares of the company's stock, valued at approximately $1,353,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Advisors Asset Management Inc. acquired a new stake in Super Micro Computer in the first quarter valued at approximately $39,000. EverSource Wealth Advisors LLC increased its position in shares of Super Micro Computer by 42.4% during the second quarter. EverSource Wealth Advisors LLC now owns 3,479 shares of the company's stock worth $171,000 after purchasing an additional 1,036 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in shares of Super Micro Computer by 54.9% during the 2nd quarter. Baird Financial Group Inc. now owns 18,955 shares of the company's stock valued at $929,000 after purchasing an additional 6,718 shares during the last quarter. Flow Traders U.S. LLC purchased a new stake in shares of Super Micro Computer during the 2nd quarter valued at $277,000. Finally, Daiwa Securities Group Inc. boosted its position in shares of Super Micro Computer by 3.4% in the 2nd quarter. Daiwa Securities Group Inc. now owns 85,647 shares of the company's stock worth $4,198,000 after purchasing an additional 2,799 shares in the last quarter. 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: Exceptional earnings and backlog support the rally. Super Micro reported fiscal fourth-quarter adjusted EPS of $1.70, well above the $0.92 consensus estimate, while revenue rose 93% year over year to $11.12 billion. Management also disclosed more than $60 billion in orders entering fiscal 2027, signaling robust demand for AI infrastructure. Stocks making the biggest moves midday
• Positive Sentiment: Fiscal 2027 guidance exceeded expectations. The company forecast revenue of approximately $65 billion to $72 billion for fiscal 2027, supported by continued AI-server demand, customer diversification and higher-margin enterprise and channel sales. Enterprise and channel revenue reportedly increased 172% to $5.6 billion. Super Micro Stock Extends Rally After Blockbuster Earnings
• Positive Sentiment: Improved margins strengthened investor confidence. Fourth-quarter gross margin reached roughly 17.5%-17.6%, above prior expectations, suggesting that delayed lower-margin data-center projects and a broader customer mix helped profitability. Analysts including Rosenblatt and Needham raised their price targets, with targets as high as $51 and $46, respectively. Super Micro Stock Is on a Tear
• Neutral Sentiment: AI-sector enthusiasm is providing a broader lift. Strong results from Lenovo and other AI-infrastructure companies reinforced expectations that data-center spending remains durable, benefiting Super Micro and peers such as Dell and Hewlett Packard Enterprise. Super Micro, Dell, and HP Jump After Strong Lenovo Earnings
• Negative Sentiment: Execution and cash-flow risks remain. Quarterly revenue fell short of consensus, while first-quarter fiscal 2027 margin guidance is substantially lower at about 10.4%-10.8%. Analysts also caution that rapid growth could consume much of the company’s cash through working-capital needs, with inventory risk if large customer orders are delayed or canceled. Super Micro Computer: Strong Quarter And Outlook, But Concerns Remain

Analyst Upgrades and Downgrades

SMCI has been the topic of several research analyst reports. Needham & Company LLC restated a "buy" rating and set a $46.00 target price on shares of Super Micro Computer in a research note on Wednesday. CJS Securities upgraded Super Micro Computer from a "market underperform" rating to a "market perform" rating in a research note on Wednesday, May 6th. JPMorgan Chase & Co. boosted their price target on Super Micro Computer from $28.00 to $32.00 and gave the stock a "neutral" rating in a research note on Wednesday, May 6th. Weiss Ratings restated a "hold (c)" rating on shares of Super Micro Computer in a report on Wednesday, June 24th. Finally, Rosenblatt Securities increased their price objective on shares of Super Micro Computer from $45.00 to $51.00 and gave the company a "buy" rating in a research report on Wednesday. Four investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued 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 $42.13.

Super Micro Computer Price Performance

NASDAQ SMCI opened at $39.16 on Friday. 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 stock's fifty day moving average price is $30.23 and its 200 day moving average price is $30.53. Super Micro Computer, Inc. has a 1 year low of $19.48 and a 1 year high of $58.78. The company has a market cap of $23.55 billion, a price-to-earnings ratio of 12.24, a PEG ratio of 0.45 and a beta of 1.95.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last issued its earnings results on Tuesday, August 11th. The company reported $1.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.92 by $0.78. The company had revenue of $11.12 billion during the quarter, compared to analyst estimates of $11.60 billion. Super Micro Computer had a return on equity of 31.02% and a net margin of 5.71%.The firm's quarterly revenue was up 93.2% on a year-over-year basis. During the same quarter last year, the business posted $0.31 EPS. Super Micro Computer has set its Q1 2027 guidance at 1.010-1.100 EPS. As a group, equities research analysts forecast that Super Micro Computer, Inc. will post 2.97 earnings per share for the current year.

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.

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