Super Micro Computer (NASDAQ:SMCI) Trading Down 5.7% - Here's What Happened

Key Points

• Shares fell 5.7% to $29.84 on Wednesday, with 24.18 million shares traded — about 47% below the stock's average daily volume.
• Super Micro missed the quarter with EPS $0.35 vs. $0.46 expected and revenue $5.02 billion vs. $6.48 billion expected, a 15.5% year‑over‑year revenue decline, and set Q2 2026 guidance of $0.460–$0.540 EPS.
• Analysts reacted mixedly, revising price targets across the board (roughly $40–$64); the consensus rating is "Hold" with a consensus target price of $48.38.

Super Micro Computer, Inc. (NASDAQ:SMCI - Get Free Report) traded down 5.7% on Wednesday . The stock traded as low as $29.84 and last traded at $29.84. 24,177,114 shares changed hands during trading, a decline of 47% from the average session volume of 45,989,684 shares. The stock had previously closed at $31.66.

Analysts Set New Price Targets

Several analysts have recently weighed in on SMCI shares. Raymond James Financial lowered their target price on shares of Super Micro Computer from $53.00 to $50.00 and set an "outperform" rating on the stock in a report on Wednesday, November 5th. JPMorgan Chase & Co. lowered their price objective on Super Micro Computer from $43.00 to $40.00 and set a "neutral" rating on the stock in a report on Wednesday, November 5th. KGI Securities raised Super Micro Computer from a "neutral" rating to an "outperform" rating and set a $60.00 target price for the company in a research note on Wednesday, November 5th. Argus set a $64.00 price target on Super Micro Computer in a research note on Thursday, November 6th. Finally, Needham & Company LLC cut their price objective on Super Micro Computer from $60.00 to $51.00 and set a "buy" rating for the company in a research report on Wednesday, November 5th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $48.38.

Super Micro Computer Stock Down 5.7%

The stock has a market cap of $17.81 billion, a price-to-earnings ratio of 23.87, a P/E/G ratio of 0.64 and a beta of 1.52. The company has a current ratio of 5.39, a quick ratio of 2.95 and a debt-to-equity ratio of 0.72. The firm's 50 day moving average is $41.99 and its two-hundred day moving average is $45.31.

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

Institutional Trading of Super Micro Computer

A number of institutional investors have recently added to or reduced their stakes in the business. Anfield Capital Management LLC acquired a new stake in Super Micro Computer in the second quarter valued at approximately $25,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Super Micro Computer in the second quarter valued at $25,000. Armstrong Advisory Group Inc. acquired a new stake in Super Micro Computer during the 3rd quarter valued at $29,000. Hazlett Burt & Watson Inc. grew its holdings in 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 purchasing an additional 269 shares in the last quarter. Finally, Beaird Harris Wealth Management LLC purchased a new stake in Super Micro Computer during the 1st quarter worth $34,000. 84.06% of the stock is owned by hedge funds and other 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.

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