Super Micro Computer (NASDAQ:SMCI) Trading Up 1.6% - What's Next?

Key Points

• Super Micro Computer's stock increased by 1.6%, trading at $53.94 after reaching a high of $55.07, with a significant drop in trading volume to 16.37 million shares compared to the average of 50.23 million.
• Analysts have mixed ratings for Super Micro Computer, with one strong buy, six buy, ten hold, and two sell ratings, and target prices ranging from $35.00 to $60.00.
• Super Micro Computer reported a quarterly earnings miss with earnings per share of $0.41, compared to the consensus estimate of $0.44, and a year-over-year revenue increase of 8.5% to $5.76 billion.

Super Micro Computer, Inc. (NASDAQ:SMCI - Get Free Report) was up 1.6% on Wednesday . The company traded as high as $55.07 and last traded at $53.94. Approximately 16,372,665 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 50,231,652 shares. The stock had previously closed at $53.11.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on SMCI. Raymond James Financial assumed coverage on shares of Super Micro Computer in a research note on Wednesday, June 25th. They set an "outperform" rating for the company. Weiss Ratings reiterated a "hold (c+)" rating on shares of Super Micro Computer in a report on Wednesday, October 8th. Bank of America assumed coverage on shares of Super Micro Computer in a report on Wednesday, July 9th. They set an "underperform" rating and a $35.00 target price for the company. Needham & Company LLC increased their target price on shares of Super Micro Computer from $39.00 to $60.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. Finally, Citigroup reiterated a "neutral" rating and issued a $52.00 price target (up previously from $37.00) on shares of Super Micro Computer in a research note on Friday, July 11th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat.com, Super Micro Computer has an average rating of "Hold" and a consensus target price of $45.36.

Super Micro Computer Stock Up 1.6%

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 firm's 50 day simple moving average is $46.40 and its two-hundred day simple moving average is $43.74. The firm has a market cap of $32.05 billion, a price-to-earnings ratio of 32.49, a PEG ratio of 1.36 and a beta of 1.55.

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

Insider Activity

In other news, SVP George Kao sold 40,000 shares of the business's stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $43.88, for a total value of $1,755,200.00. Following the completion of the transaction, the senior vice president directly owned 21,820 shares in the company, valued at approximately $957,461.60. The trade was a 64.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO David E. Weigand sold 25,000 shares of Super Micro Computer stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $45.14, for a total transaction of $1,128,500.00. Following the sale, the chief financial officer directly owned 100,188 shares in the company, valued at $4,522,486.32. This trade represents a 19.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 490,000 shares of company stock valued at $27,890,950 over the last quarter. 16.30% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Anfield Capital Management LLC acquired a new position in shares of Super Micro Computer during the 2nd quarter valued at $25,000. Twin Peaks Wealth Advisors LLC bought a new position in Super Micro Computer during the second quarter valued at about $25,000. Armstrong Advisory Group Inc. bought a new position in Super Micro Computer during the third quarter valued at about $29,000. TD Private Client Wealth LLC boosted its position in Super Micro Computer by 46.0% during the second quarter. TD Private Client Wealth LLC now owns 800 shares of the company's stock worth $39,000 after purchasing an additional 252 shares during the period. Finally, Orion Capital Management LLC bought a new position in Super Micro Computer during the second quarter worth about $39,000. Institutional investors and hedge funds own 84.06% of the company's stock.

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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