Raymond James Financial Cuts Super Micro Computer (NASDAQ:SMCI) Price Target to $39.00

Key Points

• Raymond James Financial cut its price target on Super Micro Computer from $45 to $39, while noting that still implies about 30.7% upside from the prior close.
• Other analysts remain cautious overall: the stock has a consensus Hold rating with an average price target of $38.57, reflecting mixed views despite some recent target increases.
• Super Micro reported strong EPS growth in its latest quarter, but revenue came in below estimates, and the stock was also highlighted as under pressure amid recent financing and dilution concerns.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) had its target price decreased by Raymond James Financial from $45.00 to $39.00 in a report released on Friday,MarketScreener reports. Raymond James Financial's price objective indicates a potential upside of 30.66% from the stock's previous close.

Several other research firms also recently commented on SMCI. Argus reiterated a "hold" rating on shares of Super Micro Computer in a research report on Friday, March 20th. Citigroup reiterated a "neutral" rating and set a $31.00 price target (up from $25.00) on shares of Super Micro Computer in a report on Wednesday, May 6th. JPMorgan Chase & Co. increased their price objective on Super Micro Computer from $28.00 to $32.00 and gave the company a "neutral" rating in a report on Wednesday, May 6th. CJS Securities raised Super Micro Computer from a "market underperform" rating to a "market perform" rating in a report on Wednesday, May 6th. Finally, Wall Street Zen raised Super Micro Computer from a "sell" rating to a "hold" rating in a research note on Sunday, February 15th. Four analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $38.57.

Super Micro Computer Stock Down 6.6%

Shares of SMCI opened at $29.85 on Friday. The firm has a 50 day simple moving average of $32.18 and a two-hundred day simple moving average of $31.22. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.66 and a quick ratio of 1.29. Super Micro Computer has a one year low of $19.48 and a one year high of $62.36. The company has a market cap of $17.95 billion, a P/E ratio of 15.93, a P/E/G ratio of 0.49 and a beta of 1.87.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last issued 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. Super Micro Computer had a return on equity of 17.49% and a net margin of 3.70%.The firm had revenue of $10.24 billion for the quarter, compared to the consensus estimate of $12.39 billion. During the same quarter last year, the business posted $0.31 EPS. The company's revenue was up 122.7% compared to the same quarter last year. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. Research analysts forecast that Super Micro Computer will post 2.12 EPS for the current fiscal year.

Institutional Investors Weigh In On Super Micro Computer

Several institutional investors have recently bought and sold shares of SMCI. Vanguard Group Inc. increased its position in shares of Super Micro Computer by 4.1% during the third quarter. Vanguard Group Inc. now owns 68,848,777 shares of the company's stock valued at $3,300,610,000 after buying an additional 2,695,829 shares during the period. Geode Capital Management LLC lifted its stake in Super Micro Computer by 0.3% in the 4th quarter. Geode Capital Management LLC now owns 13,808,499 shares of the company's stock worth $402,627,000 after purchasing an additional 41,314 shares in the last quarter. Invesco Ltd. raised its position in shares of Super Micro Computer by 21.2% in the fourth quarter. Invesco Ltd. now owns 9,953,780 shares of the company's stock worth $291,347,000 after buying an additional 1,738,749 shares in the last quarter. Disciplined Growth Investors Inc. MN boosted its position in shares of Super Micro Computer by 16.5% during the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 9,730,773 shares of the company's stock valued at $476,905,000 after acquiring an additional 1,381,046 shares during the last quarter. Finally, Norges Bank bought a new stake in Super Micro Computer during the fourth quarter valued at approximately $136,569,000. Institutional investors own 84.06% of the company's stock.

Trending Headlines about Super Micro Computer

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

• Positive Sentiment: Super Micro continues to report very strong AI server demand, including roughly $39 billion in new orders from more than 20 customers, which supports the long-term growth story and suggests the company is trying to scale quickly to meet demand. Super Micro: Hated Offering Ignores Positive AI Signals
• Positive Sentiment: The stock rebounded after the initial plunge, helped by heavy trading volume and renewed speculation that the selloff may have gone too far relative to the company’s AI growth opportunity. Super Micro (SMCI) Soars 9.2%: Is Further Upside Left in the Stock?
• Neutral Sentiment: Wolfe Research initiated coverage with a “Peer Perform” rating, signaling that AI demand is a plus but governance, margin, legal, and execution risks could cap upside. Super Micro initiated at Neutral as AI boom offset by margin, legal risk
• Neutral Sentiment: Several market-watch articles note that options activity and technical bounces are adding short-term volatility, but the main driver remains investor reaction to the financing plan rather than a fresh operating update. Super Micro (SMCI) Is Growing Fast, but the Market Is Still Worried
• Negative Sentiment: Investors sold the stock after Super Micro announced and priced up to $7 billion in equity and equity-linked financing to fund AI component purchases, raising concerns about dilution and whether growth will translate into profitable sales. Supermicro Announces Pricing of Equity and Equity-Linked Financing Transactions To Fund AI Orders
• Negative Sentiment: The financing news sparked a sharp drop because traders viewed the new share issuance as highly dilutive, with multiple reports describing the move as a red flag and a reason for the recent selloff. Why Is Super Micro Stock Crashing, and is it a Buying Opportunity?

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.

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