Super Micro Computer (NASDAQ:SMCI) Shares Down 2.8% - Here's Why

Key Points

• Shares of Super Micro Computer slipped about 2.8% to $30.90 midday, trading as low as $30.80 on roughly 16.5 million shares (about 48% below average) and sitting below its 50‑day ($31.21) and 200‑day ($38.11) moving averages.
• Analysts have trimmed targets (e.g., Raymond James to $35, Needham to $40), leaving a MarketBeat consensus rating of “Hold” with a consensus price target of $43.43 (5 Buy, 8 Hold, 2 Sell).
• Fundamentals were strong: the company beat estimates with $0.69 EPS vs. $0.49 expected and revenue of $12.68B vs. $10.34B expected, with revenue up 123.4% YoY, and it set Q3 2026 EPS guidance around $0.60.

Super Micro Computer, Inc. (NASDAQ:SMCI - Get Free Report)'s stock price dropped 2.8% during mid-day trading on Thursday . The company traded as low as $30.80 and last traded at $30.90. Approximately 16,501,964 shares traded hands during trading, a decline of 48% from the average daily volume of 31,664,883 shares. The stock had previously closed at $31.79.

Analysts Set New Price Targets

SMCI has been the topic of several research reports. Raymond James Financial cut their target price on Super Micro Computer from $50.00 to $35.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 4th. Zacks Research upgraded shares of Super Micro Computer from a "strong sell" rating to a "hold" rating in a report on Monday, December 8th. Needham & Company LLC cut their price objective on shares of Super Micro Computer from $51.00 to $40.00 and set a "buy" rating on the stock in a research report on Wednesday, February 4th. Weiss Ratings restated a "hold (c)" rating on shares of Super Micro Computer in a report on Monday, December 29th. Finally, Wall Street Zen raised shares of Super Micro Computer from a "sell" rating to a "hold" rating in a research report on Sunday, February 15th. Five analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $43.43.

Super Micro Computer Price Performance

The stock has a market capitalization of $18.51 billion, a P/E ratio of 23.06, a price-to-earnings-growth ratio of 0.63 and a beta of 1.52. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.70 and a quick ratio of 1.01. The company's 50-day simple moving average is $31.21 and its 200-day simple moving average is $38.11.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.69 EPS for the quarter, beating analysts' consensus estimates of $0.49 by $0.20. The company had revenue of $12.68 billion during the quarter, compared to the consensus estimate of $10.34 billion. Super Micro Computer had a net margin of 3.11% and a return on equity of 13.22%. The company's quarterly revenue was up 123.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.59 EPS. Super Micro Computer has set its Q3 2026 guidance at 0.600- EPS. As a group, sell-side analysts expect that Super Micro Computer, Inc. will post 1.86 EPS for the current fiscal year.

Institutional Trading of Super Micro Computer

Several institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in shares of Super Micro Computer by 2.7% in the second quarter. Vanguard Group Inc. now owns 66,152,948 shares of the company's stock valued at $3,242,156,000 after purchasing an additional 1,745,179 shares during the last quarter. Norges Bank acquired a new stake in shares of Super Micro Computer during the 2nd quarter worth about $150,395,000. Focus Financial Network Inc. lifted its stake in shares of Super Micro Computer by 4,042.2% during the 3rd quarter. Focus Financial Network Inc. now owns 264,688 shares of the company's stock worth $12,689,000 after buying an additional 258,298 shares during the last quarter. BLKBRD Asset Management LP bought a new stake in shares of Super Micro Computer during the 2nd quarter worth about $9,486,000. Finally, Thames Capital Management LLC acquired a new position in Super Micro Computer in the 2nd quarter valued at about $12,760,000. Institutional investors own 84.06% of the company's stock.

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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