Super Micro Computer (NASDAQ:SMCI) Trading Up 6.8% After Analyst Upgrade

Super Micro Computer, Inc. (NASDAQ:SMCI)’s stock price rose 6.8% during mid-day trading on Monday after Northland Securities raised their price target on the stock from $59.00 to $67.00. The stock traded as high as $51.63 and last traded at $51.57. Approximately 25,997,475 shares traded hands during mid-day trading, a decline of 48% from the average daily volume of 49,534,355 shares. The stock had previously closed at $48.29.

A number of other equities analysts have also issued reports on the stock. JPMorgan Chase & Co. decreased their target price on shares of Super Micro Computer from $46.00 to $45.00 and set a “neutral” rating for the company in a research report on Wednesday, August 6th. Mizuho increased their price objective on shares of Super Micro Computer from $40.00 to $47.00 and gave the company a “neutral” rating in a report on Thursday, July 3rd. The Goldman Sachs Group set a $30.00 price target on Super Micro Computer and gave the company a “sell” rating in a research note on Thursday. Wall Street Zen raised Super Micro Computer from a “sell” rating to a “hold” rating in a research note on Saturday, October 18th. Finally, Wedbush reaffirmed a “neutral” rating and set a $30.00 target price on shares of Super Micro Computer in a research note on Monday, August 4th. One 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 given a Sell rating to the stock. According to data from MarketBeat.com, Super Micro Computer has a consensus rating of “Hold” and a consensus target price of $47.57.

Insiders Place Their Bets

In related news, CFO David E. Weigand sold 25,000 shares of the 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 completion of the transaction, the chief financial officer owned 100,188 shares in the company, valued at $4,522,486.32. This trade represents a 19.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP George Kao sold 40,000 shares of the stock in a transaction 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 owned 21,820 shares of the company’s stock, valued at $957,461.60. This trade represents a 64.70% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 90,000 shares of company stock valued at $3,890,950 in the last quarter. 16.30% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Super Micro Computer

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. WealthPlan Investment Management LLC boosted its stake in Super Micro Computer by 4.6% in the 3rd quarter. WealthPlan Investment Management LLC now owns 6,891 shares of the company’s stock worth $330,000 after purchasing an additional 305 shares during the period. Exencial Wealth Advisors LLC acquired a new stake in shares of Super Micro Computer in the third quarter worth $449,000. Nordea Investment Management AB boosted its position in shares of Super Micro Computer by 8.6% in the third quarter. Nordea Investment Management AB now owns 49,511 shares of the company’s stock worth $2,353,000 after buying an additional 3,935 shares during the period. Tokio Marine Asset Management Co. Ltd. boosted its position in Super Micro Computer by 1.4% during the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 19,374 shares of the company’s stock worth $929,000 after acquiring an additional 266 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. boosted its position in Super Micro Computer by 3.1% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,257,134 shares of the company’s stock worth $60,267,000 after acquiring an additional 37,690 shares during the period. Institutional investors and hedge funds own 84.06% of the company’s stock.

Super Micro Computer Price Performance

The stock has a market capitalization of $30.65 billion, a price-to-earnings ratio of 31.07, a price-to-earnings-growth ratio of 1.20 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 simple moving average of $47.55 and a 200 day simple moving average of $44.98.

Super Micro Computer (NASDAQ:SMCI) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.03). The company had revenue of $5.76 billion for the quarter, compared to analyst estimates 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 revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $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. On average, equities research analysts forecast that Super Micro Computer, Inc. will post 1.86 EPS for the current fiscal year.

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.