Equities Analysts Issue Forecasts for SMCI FY2027 Earnings

Super Micro Computer, Inc. (NASDAQ:SMCI) – Stock analysts at Northland Capmk issued their FY2027 earnings estimates for Super Micro Computer in a report issued on Tuesday, June 24th. Northland Capmk analyst N. Chokshi anticipates that the company will earn $2.37 per share for the year. The consensus estimate for Super Micro Computer’s current full-year earnings is $1.86 per share.

Several other research analysts also recently weighed in on the company. Barclays restated an “equal weight” rating and issued a $34.00 price target on shares of Super Micro Computer in a research note on Tuesday, May 6th. Citigroup began coverage on shares of Super Micro Computer in a report on Tuesday, May 6th. They issued a “neutral” rating and a $39.00 target price on the stock. Northland Securities set a $59.00 target price on shares of Super Micro Computer in a research report on Wednesday, May 7th. The Goldman Sachs Group downgraded shares of Super Micro Computer from a “neutral” rating to a “sell” rating and reduced their price target for the company from $40.00 to $32.00 in a report on Monday, March 24th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Super Micro Computer from $36.00 to $35.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 7th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $45.63.

Super Micro Computer Stock Performance

NASDAQ:SMCI opened at $49.27 on Thursday. The stock has a 50-day moving average price of $39.57 and a 200 day moving average price of $37.51. The stock has a market capitalization of $29.41 billion, a P/E ratio of 25.92 and a beta of 1.40. Super Micro Computer has a 12-month low of $17.25 and a 12-month high of $96.33. The company has a current ratio of 6.66, a quick ratio of 3.95 and a debt-to-equity ratio of 0.38.

Super Micro Computer (NASDAQ:SMCI) last released its earnings results on Tuesday, May 6th. The company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.01. The company had revenue of $4.60 billion for the quarter, compared to analysts’ expectations of $5.40 billion. Super Micro Computer had a net margin of 5.61% and a return on equity of 20.41%. Super Micro Computer’s revenue for the quarter was up 19.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.66 EPS.

Institutional Trading of Super Micro Computer

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Eastern Bank purchased a new position in shares of Super Micro Computer during the first quarter valued at approximately $29,000. Parkside Financial Bank & Trust lifted its stake in shares of Super Micro Computer by 2,890.9% during the 4th quarter. Parkside Financial Bank & Trust now owns 987 shares of the company’s stock worth $30,000 after acquiring an additional 954 shares during the last quarter. Larson Financial Group LLC boosted its holdings in Super Micro Computer by 902.0% during the 4th quarter. Larson Financial Group LLC now owns 992 shares of the company’s stock valued at $30,000 after acquiring an additional 893 shares during the period. Central Pacific Bank Trust Division purchased a new position in Super Micro Computer during the 1st quarter valued at $34,000. Finally, Beaird Harris Wealth Management LLC bought a new position in Super Micro Computer in the 1st quarter valued at $34,000. 84.06% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Super Micro Computer

In other Super Micro Computer news, CFO David E. Weigand sold 67,000 shares of Super Micro Computer stock in a transaction on Tuesday, May 20th. The shares were sold at an average price of $44.02, for a total transaction of $2,949,340.00. Following the completion of the transaction, the chief financial officer now directly owns 88,599 shares of the company’s stock, valued at $3,900,127.98. The trade was a 43.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Liang Chiu-Chu Sara Liu sold 300,000 shares of the stock in a transaction on Wednesday, June 18th. The shares were sold at an average price of $45.00, for a total transaction of $13,500,000.00. Following the completion of the sale, the director now directly owns 66,903,640 shares in the company, valued at approximately $3,010,663,800. This represents a 0.45% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 667,000 shares of company stock worth $29,949,340 over the last ninety days. Company insiders own 17.60% of the company’s stock.

Super Micro Computer Company Profile

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.