Super Micro Computer (NASDAQ:SMCI) Price Target Raised to $46.00 at Needham & Company LLC

Super Micro Computer (NASDAQ:SMCI) had its target price upped by Needham & Company LLC from $40.00 to $46.00 in a report published on Wednesday morning, Marketbeat.com reports. They currently have a buy rating on the stock.

A number of other analysts have also commented on the company. Wedbush decreased their price objective on Super Micro Computer from $42.00 to $34.00 and set a “neutral” rating for the company in a report on Wednesday, May 6th. The Goldman Sachs Group reissued a “sell” rating on shares of Super Micro Computer in a research report on Wednesday, May 6th. Barclays cut their price target on shares of Super Micro Computer from $38.00 to $34.00 and set an “equal weight” rating on the stock in a report on Wednesday, May 6th. Raymond James Financial reduced their price objective on shares of Super Micro Computer from $45.00 to $39.00 in a research report on Friday, June 12th. Finally, Mizuho increased their price objective on shares of Super Micro Computer from $36.00 to $44.00 and gave the company a “neutral” rating in a research note on Monday, June 1st. Four investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Super Micro Computer has a consensus rating of “Hold” and a consensus price target of $39.93.

Super Micro Computer Stock Up 19.8%

SMCI stock opened at $30.56 on Wednesday. The company has a market cap of $18.38 billion, a P/E ratio of 16.17, a price-to-earnings-growth ratio of 0.32 and a beta of 1.94. Super Micro Computer has a fifty-two week low of $19.48 and a fifty-two week high of $62.36. The stock’s 50 day simple moving average is $32.74 and its 200 day simple moving average is $30.52. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.29 and a current ratio of 2.66.

Super Micro Computer (NASDAQ:SMCI) last issued its earnings results on Tuesday, May 5th. The company reported $0.84 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.21. Super Micro Computer had a return on equity of 17.49% and a net margin of 3.70%.The company had revenue of $10.24 billion for the quarter, compared to analyst estimates of $12.39 billion. During the same period in the prior year, the firm earned $0.31 earnings per share. Super Micro Computer’s revenue for the quarter was up 122.7% on a year-over-year basis. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. On average, research analysts expect that Super Micro Computer will post 2.11 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Trust Asset Management LLC purchased a new stake in shares of Super Micro Computer during the 2nd quarter worth approximately $164,000. Tema ETFs LLC lifted its stake in Super Micro Computer by 10.5% in the second quarter. Tema ETFs LLC now owns 10,663 shares of the company’s stock valued at $313,000 after purchasing an additional 1,015 shares during the last quarter. Redhawk Wealth Advisors Inc. purchased a new position in Super Micro Computer in the second quarter valued at approximately $253,000. Contravisory Investment Management Inc. bought a new position in Super Micro Computer during the second quarter valued at $49,000. Finally, World Equity Group Inc. grew its holdings in Super Micro Computer by 21.3% during the second quarter. World Equity Group Inc. now owns 11,977 shares of the company’s stock valued at $351,000 after purchasing an additional 2,100 shares during the period. 84.06% of the stock is owned by institutional investors.

Trending Headlines about Super Micro Computer

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

• Positive Sentiment: Super Micro said it booked more than $60 billion in new orders in fiscal Q4, driving backlog to a record level and signaling powerful demand for its AI infrastructure products. Reuters article
• Positive Sentiment: The company also raised its gross margin outlook to 15%–17% from 8.2%–8.4%, suggesting a much stronger product/customer mix and improved profitability. WSJ article
• Positive Sentiment: The upbeat update also lifted sentiment across AI hardware peers such as Dell and Hewlett Packard Enterprise, reinforcing the view that enterprise AI spending remains strong. Invezz article
• Neutral Sentiment: Revenue for the quarter is still expected to come in near the low end of guidance, which tempers some of the enthusiasm even as margins and backlog improve. Proactive Investors article
• Negative Sentiment: Some investors remain cautious, noting that the revenue shortfall versus consensus and ongoing legal/patent scrutiny could still weigh on the stock if execution slips. Yahoo Finance article

About Super Micro Computer

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.