JPMorgan Chase & Co. Lowers Super Micro Computer (NASDAQ:SMCI) Price Target to $43.00

Key Points

• JPMorgan Chase & Co. has lowered its price target for Super Micro Computer from $45.00 to $43.00, indicating a potential downside of 13.04% from the stock's previous close.
• Despite the downgrade, other analysts have varied ratings on the stock, with some giving a buy rating and setting price targets as high as $60.00.
• Super Micro Computer has reported earnings below consensus estimates, with $0.41 earnings per share for the last quarter, missing expectations by $0.03.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) had its price objective dropped by investment analysts at JPMorgan Chase & Co. from $45.00 to $43.00 in a report released on Friday,MarketScreener reports. The firm presently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s price objective would suggest a potential downside of 13.04% from the stock's previous close.

Other equities analysts also recently issued research reports about the company. Zacks Research upgraded Super Micro Computer to a "hold" rating in a report on Monday, August 11th. Rosenblatt Securities increased their price objective on Super Micro Computer from $50.00 to $60.00 and gave the stock a "buy" rating in a report on Friday. Wedbush restated a "neutral" rating and issued a $30.00 price objective on shares of Super Micro Computer in a report on Monday, August 4th. Barclays increased their price objective on Super Micro Computer from $29.00 to $45.00 and gave the stock an "equal weight" rating in a report on Thursday, August 7th. Finally, Raymond James Financial restated an "outperform" rating and issued a $53.00 target price on shares of Super Micro Computer in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Super Micro Computer currently has an average rating of "Hold" and an average target price of $47.57.

Super Micro Computer Trading Up 3.2%

NASDAQ:SMCI opened at $49.45 on Friday. The company has a debt-to-equity ratio of 0.74, a current ratio of 5.25 and a quick ratio of 3.25. Super Micro Computer has a fifty-two week low of $17.25 and a fifty-two week high of $66.44. The stock's 50-day moving average is $47.38 and its two-hundred day moving average is $44.61. The stock has a market cap of $29.38 billion, a PE ratio of 29.77, a price-to-earnings-growth ratio of 1.31 and a beta of 1.55.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last released its earnings results on Tuesday, August 5th. The company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.03). The business had revenue of $5.76 billion for the quarter, compared to analysts' expectations of $5.88 billion. Super Micro Computer had a net margin of 4.77% and a return on equity of 17.14%. The company's revenue was up 8.5% compared to the same quarter last year. During the same period last year, the firm earned $6.25 EPS. Super Micro Computer has set its Q1 2026 guidance at 0.400-0.520 EPS. FY 2026 guidance at EPS. As a group, equities research analysts forecast that Super Micro Computer will post 1.86 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Charles Liang sold 200,000 shares of the company's stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $60.00, for a total transaction of $12,000,000.00. Following the completion of the transaction, the chief executive officer directly owned 40,426,120 shares in the company, valued at $2,425,567,200. The trade was a 0.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO David E. Weigand sold 25,000 shares of the company's stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $45.14, for a total value of $1,128,500.00. Following the transaction, the chief financial officer owned 100,188 shares of the company's stock, valued at approximately $4,522,486.32. This trade represents a 19.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 490,000 shares of company stock valued at $27,890,950 in the last three months. 16.30% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. GAMMA Investing LLC raised its stake in shares of Super Micro Computer by 129.3% in the first quarter. GAMMA Investing LLC now owns 14,543 shares of the company's stock valued at $498,000 after purchasing an additional 8,202 shares in the last quarter. Asset Management One Co. Ltd. raised its stake in shares of Super Micro Computer by 10.0% in the first quarter. Asset Management One Co. Ltd. now owns 185,240 shares of the company's stock valued at $6,343,000 after purchasing an additional 16,835 shares in the last quarter. Bessemer Group Inc. grew its position in Super Micro Computer by 144.9% in the first quarter. Bessemer Group Inc. now owns 5,186 shares of the company's stock valued at $177,000 after acquiring an additional 3,068 shares during the period. Golden State Wealth Management LLC grew its position in Super Micro Computer by 226.0% in the first quarter. Golden State Wealth Management LLC now owns 3,619 shares of the company's stock valued at $124,000 after acquiring an additional 2,509 shares during the period. Finally, HBK Sorce Advisory LLC grew its position in Super Micro Computer by 34.7% in the first quarter. HBK Sorce Advisory LLC now owns 14,133 shares of the company's stock valued at $484,000 after acquiring an additional 3,638 shares during the period. 84.06% of the stock is currently owned by institutional investors and hedge funds.

Super Micro Computer Company Profile

Super Micro Computer, Inc, together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.