Super Micro Computer (NASDAQ:SMCI) Stock Price Down 3.1% - Here's Why

Key Points

• Super Micro Computer (SMCI) shares fell by 3.1% during trading, reaching a low of $51.62 and closing at $52.18, with trading volume down 59% from average levels.
• Analysts have set a consensus rating of "Hold" for SMCI, with target prices ranging from $27.00 to $45.00 amidst varying ratings from different firms.
• The company recently reported earnings of $0.41 per share, missing estimates, with quarterly revenue of $5.76 billion, which was below analyst expectations of $5.88 billion.

Super Micro Computer, Inc. (NASDAQ:SMCI - Get Free Report) shares were down 3.1% during trading on Friday . The stock traded as low as $51.62 and last traded at $52.18. Approximately 20,573,165 shares changed hands during trading, a decline of 59% from the average daily volume of 49,954,957 shares. The stock had previously closed at $53.84.

Analyst Upgrades and Downgrades

Several analysts have commented on SMCI shares. Raymond James Financial started coverage on Super Micro Computer in a research note on Wednesday, June 25th. They set an "outperform" rating on the stock. Sanford C. Bernstein upgraded Super Micro Computer to a "hold" rating in a research note on Tuesday, September 16th. Zacks Research upgraded Super Micro Computer to a "hold" rating in a research note on Monday, August 11th. The Goldman Sachs Group increased their target price on Super Micro Computer from $24.00 to $27.00 and gave the company a "sell" rating in a research note on Wednesday, August 6th. Finally, Barclays increased their target price on Super Micro Computer from $29.00 to $45.00 and gave the company an "equal weight" rating in a research note on Thursday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $45.36.

Super Micro Computer Trading Down 3.1%

The stock has a market capitalization of $31.01 billion, a PE ratio of 31.43, a P/E/G ratio of 1.34 and a beta of 1.55. The company has a current ratio of 5.25, a quick ratio of 3.25 and a debt-to-equity ratio of 0.74. The stock has a 50 day moving average price of $46.68 and a 200-day moving average price of $43.94.

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

Insider Buying and Selling

In related news, CFO David E. Weigand sold 25,000 shares of the firm's stock in a transaction 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 directly 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Charles Liang sold 200,000 shares of the firm's stock in a transaction on Monday, July 28th. The stock was sold at an average price of $60.00, for a total value 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 approximately $2,425,567,200. This represents a 0.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 490,000 shares of company stock valued at $27,890,950 in the last 90 days. 16.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On Super Micro Computer

A number of institutional investors have recently bought and sold shares of the stock. Ethic Inc. raised its holdings in Super Micro Computer by 14.6% in the 3rd quarter. Ethic Inc. now owns 5,120 shares of the company's stock worth $245,000 after purchasing an additional 653 shares during the period. Paradiem LLC bought a new position in Super Micro Computer in the 3rd quarter worth $750,000. Apollon Wealth Management LLC bought a new position in Super Micro Computer in the 3rd quarter worth $327,000. Polianta Ltd raised its holdings in Super Micro Computer by 20.6% in the 3rd quarter. Polianta Ltd now owns 34,500 shares of the company's stock worth $1,653,000 after purchasing an additional 5,900 shares during the period. Finally, Pacer Advisors Inc. raised its holdings in Super Micro Computer by 13.5% in the 3rd quarter. Pacer Advisors Inc. now owns 108,087 shares of the company's stock worth $5,182,000 after purchasing an additional 12,871 shares during the period. 84.06% of the stock is owned by institutional investors.

About Super Micro Computer

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.