Super Micro Computer (NASDAQ:SMCI) Shares Down 2.9% - Here's What Happened

Key Points

• The stock was down 2.9% in midday trading to about $30.07, with roughly 36.4 million shares changing hands—about 9% above its average daily volume.
• Super Micro missed quarterly estimates, reporting $0.35 EPS vs. $0.46 expected and $5.02B revenue vs. $6.48B expected, and set Q2 2026 EPS guidance of $0.460–$0.540.
• Analysts are split but cautious: the consensus rating is "Hold" with an average price target of $48.38 (8 Buys, 8 Holds, 2 Sells).

Super Micro Computer, Inc. (NASDAQ:SMCI - Get Free Report) was down 2.9% during mid-day trading on Monday . The stock traded as low as $29.98 and last traded at $30.07. Approximately 36,396,245 shares changed hands during mid-day trading, an increase of 9% from the average daily volume of 33,471,141 shares. The stock had previously closed at $30.96.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on SMCI. Wall Street Zen cut Super Micro Computer from a "hold" rating to a "sell" rating in a research report on Saturday, November 15th. Needham & Company LLC decreased their price target on Super Micro Computer from $60.00 to $51.00 and set a "buy" rating for the company in a research note on Wednesday, November 5th. Zacks Research raised Super Micro Computer from a "strong sell" rating to a "hold" rating in a report on Monday, December 8th. JPMorgan Chase & Co. cut their price objective on shares of Super Micro Computer from $43.00 to $40.00 and set a "neutral" rating on the stock in a report on Wednesday, November 5th. Finally, Northland Securities set a $63.00 price objective on shares of Super Micro Computer in a research report on Wednesday, November 5th. Eight investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Super Micro Computer has a consensus rating of "Hold" and an average price target of $48.38.

Super Micro Computer Trading Down 2.9%

The stock has a 50-day moving average of $35.93 and a 200 day moving average of $44.16. The company has a quick ratio of 2.95, a current ratio of 5.39 and a debt-to-equity ratio of 0.72. The stock has a market cap of $17.95 billion, a PE ratio of 24.06, a price-to-earnings-growth ratio of 0.63 and a beta of 1.54.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $0.35 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.46 by ($0.11). The business had revenue of $5.02 billion for the quarter, compared to analysts' expectations of $6.48 billion. Super Micro Computer had a return on equity of 12.70% and a net margin of 3.77%.The business's quarterly revenue was down 15.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.73 earnings per share. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. As a group, sell-side analysts anticipate that Super Micro Computer, Inc. will post 1.86 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Anfield Capital Management LLC purchased a new position in shares of Super Micro Computer during the 2nd quarter valued at approximately $25,000. Twin Peaks Wealth Advisors LLC acquired a new position in shares of Super Micro Computer in the second quarter worth about $25,000. Armstrong Advisory Group Inc. purchased a new stake in shares of Super Micro Computer during the 3rd quarter worth about $29,000. Hazlett Burt & Watson Inc. grew its position in shares of Super Micro Computer by 68.6% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 661 shares of the company's stock valued at $31,000 after acquiring an additional 269 shares during the period. Finally, TD Private Client Wealth LLC increased its stake in shares of Super Micro Computer by 46.0% in the 2nd quarter. TD Private Client Wealth LLC now owns 800 shares of the company's stock valued at $39,000 after purchasing an additional 252 shares in the last quarter. 84.06% of the stock is currently owned by hedge funds and other institutional investors.

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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