Super Micro Computer (NASDAQ:SMCI) Given New $38.00 Price Target at Barclays

Super Micro Computer (NASDAQ:SMCI) had its target price boosted by Barclays from $34.00 to $38.00 in a research note released on Wednesday morning,Benzinga reports. The brokerage currently has an equal weight rating on the stock.

A number of other analysts also recently issued reports on SMCI. Northland Securities lifted their target price on Super Micro Computer from $22.00 to $34.00 in a research report on Wednesday, May 6th. The Goldman Sachs Group restated a “sell” rating on shares of Super Micro Computer in a research note on Wednesday, May 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Super Micro Computer in a research report on Wednesday, June 24th. CJS Securities upgraded Super Micro Computer from a “market underperform” rating to a “market perform” rating in a research note on Wednesday, May 6th. Finally, Citigroup reissued a “neutral” rating and issued a $33.00 price objective (up from $31.00) on shares of Super Micro Computer in a report on Monday, July 13th. Four research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $39.93.

Super Micro Computer Stock Performance

Shares of SMCI opened at $30.56 on Wednesday. Super Micro Computer has a 12 month low of $19.48 and a 12 month high of $62.36. The firm has a fifty day simple moving average of $32.74 and a 200 day simple moving average of $30.52. The stock has a market capitalization of $18.38 billion, a price-to-earnings ratio of 16.17, a PEG ratio of 0.32 and a beta of 1.94. The company has a current ratio of 2.66, a quick ratio of 1.29 and a debt-to-equity ratio of 0.88.

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

Hedge Funds Weigh In On Super Micro Computer

A number of institutional investors have recently bought and sold shares of the business. Advisors Asset Management Inc. bought a new stake in Super Micro Computer in the first quarter valued at approximately $39,000. EverSource Wealth Advisors LLC increased its holdings in shares of Super Micro Computer by 42.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,479 shares of the company’s stock worth $171,000 after acquiring an additional 1,036 shares during the last quarter. Baird Financial Group Inc. raised its stake in Super Micro Computer by 54.9% in the 2nd quarter. Baird Financial Group Inc. now owns 18,955 shares of the company’s stock valued at $929,000 after acquiring an additional 6,718 shares during the period. Flow Traders U.S. LLC bought a new stake in Super Micro Computer in the 2nd quarter valued at $277,000. Finally, Daiwa Securities Group Inc. lifted its holdings in Super Micro Computer by 3.4% during the 2nd quarter. Daiwa Securities Group Inc. now owns 85,647 shares of the company’s stock valued at $4,198,000 after purchasing an additional 2,799 shares during the last quarter. Institutional investors and hedge funds own 84.06% of the company’s stock.

Key Stories Impacting 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.