Super Micro Computer (NASDAQ:SMCI) Price Target Lowered to $24.00 at Bank of America

Super Micro Computer (NASDAQ:SMCI) had its price target trimmed by Bank of America from $34.00 to $24.00 in a report issued on Tuesday,Benzinga reports. The firm currently has an underperform rating on the stock.

Other research analysts also recently issued research reports about the company. Zacks Research upgraded Super Micro Computer from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Raymond James Financial decreased their price target on Super Micro Computer from $50.00 to $35.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 4th. Sanford C. Bernstein lowered their price target on shares of Super Micro Computer from $42.00 to $37.00 and set a “market perform” rating on the stock in a report on Wednesday, February 4th. Weiss Ratings restated a “hold (c)” rating on shares of Super Micro Computer in a research report on Monday, December 29th. Finally, Mizuho set a $33.00 target price on shares of Super Micro Computer in a report on Wednesday, February 4th. Four equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $38.71.

Super Micro Computer Stock Up 3.0%

Super Micro Computer stock opened at $22.23 on Tuesday. Super Micro Computer has a 1-year low of $19.48 and a 1-year high of $62.36. The firm has a market capitalization of $13.32 billion, a price-to-earnings ratio of 16.59, a P/E/G ratio of 0.42 and a beta of 1.52. The company has a current ratio of 1.70, a quick ratio of 1.01 and a debt-to-equity ratio of 0.67. The firm has a 50 day simple moving average of $30.82 and a 200 day simple moving average of $37.17.

Super Micro Computer (NASDAQ:SMCI) last posted its earnings results on Tuesday, February 3rd. The company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.20. Super Micro Computer had a return on equity of 13.22% and a net margin of 3.11%.The firm had revenue of $12.68 billion for the quarter, compared to the consensus estimate of $10.34 billion. During the same quarter in the prior year, the business posted $0.59 earnings per share. The business’s quarterly revenue was up 123.4% on a year-over-year basis. Super Micro Computer has set its Q3 2026 guidance at 0.600- EPS. On average, analysts predict that Super Micro Computer will post 1.86 earnings per share for the current year.

Hedge Funds Weigh In On Super Micro Computer

Several institutional investors and hedge funds have recently made changes to their positions in SMCI. Vanguard Group Inc. raised its position in Super Micro Computer by 4.1% in the 3rd quarter. Vanguard Group Inc. now owns 68,848,777 shares of the company’s stock worth $3,300,610,000 after purchasing an additional 2,695,829 shares during the period. Geode Capital Management LLC boosted its position in Super Micro Computer by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 13,808,499 shares of the company’s stock valued at $402,627,000 after buying an additional 41,314 shares during the period. Invesco Ltd. grew its stake in shares of Super Micro Computer by 21.2% during the fourth quarter. Invesco Ltd. now owns 9,953,780 shares of the company’s stock valued at $291,347,000 after buying an additional 1,738,749 shares during the last quarter. Disciplined Growth Investors Inc. MN grew its stake in shares of Super Micro Computer by 16.5% during the second quarter. Disciplined Growth Investors Inc. MN now owns 9,730,773 shares of the company’s stock valued at $476,905,000 after buying an additional 1,381,046 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Super Micro Computer in the fourth quarter worth about $136,569,000. Institutional investors own 84.06% of the company’s stock.

Key Headlines Impacting Super Micro Computer

Here are the key news stories impacting Super Micro Computer this week:

• Positive Sentiment: Recent fundamental strength and AI positioning — Super Micro reported blowout revenue and beat EPS earlier in February, and the company is viewed as a key AI-infrastructure supplier with product announcements integrating NVIDIA chips, which supports a longer-term recovery thesis. MarketBeat: Super Micro’s Plunge: An AI Deep Value Opportunity?
• Positive Sentiment: Bullish analyst / value arguments remain — some analysts and commentators continue to call SMCI a deep-value AI play despite the headlines, citing low multiples vs. peers and upside to consensus targets. Seeking Alpha: Not All Hope Is Lost
• Neutral Sentiment: High volatility and elevated volume — the stock has seen massive volume swings, a 30%+ plunge then partial rebound; this supports short-term trading opportunities but increases execution risk for longer-term positions. Zacks: SMCI Moves Higher — Will Strength Last?
• Neutral Sentiment: Short-interest entries in the feed appear to contain erroneous/zero values (NaN/0), so there’s no reliable short-interest signal from those data points to explain today’s move.
• Negative Sentiment: Criminal charges against a co‑founder and related unsealed DOJ indictment — a named co‑founder was indicted for alleged illegal exports of AI servers to China; he has resigned the board, and that indictment is the primary catalyst for the collapse in investor confidence. Yahoo Finance: Co-Founder Exits Board
• Negative Sentiment: Multiple securities‑fraud investigations and plaintiff law‑firm notices — several firms (Robbins Geller, Kirby McInerney, Glancy Prongay Wolke, etc.) have launched inquiries or filed notices, increasing legal and compliance overhang and potential liability concerns. BusinessWire: Investor Alert — Kirby McInerney Investigation
• Negative Sentiment: Analyst downgrades and price‑target cuts — major brokers (Citigroup, Bank of America, Northland and others) have cut targets and ratings, citing governance, regulatory risk and potential customer fallout; Citi notably slashed its target and moved to neutral. Yahoo Finance: Citi Cuts Price Target
• Negative Sentiment: Options/derivatives market turmoil and a sharp one‑day plunge — a prior 33% collapse wiped out bullish option positions and drove heavy put buying, amplifying downside pressure; that dynamic keeps near‑term sentiment fragile. Yahoo Finance: Options Rout After 33% Drop

Super Micro Computer Company Profile

Super Micro Computer, Inc (Supermicro) is a technology company that designs, develops and manufactures high-performance server, storage and networking solutions for enterprise, cloud, data center, high performance computing (HPC) and edge computing customers. The company’s product portfolio includes rackmount and blade servers, storage subsystems, motherboards, chassis, power supplies and networking components, with an emphasis on high-density, energy-efficient configurations and platforms optimized for GPU-accelerated workloads and artificial intelligence applications.

Headquartered in San Jose, California, Supermicro combines in-house engineering with a global manufacturing and distribution footprint to deliver configurable, application-specific systems.