Super Micro Computer (NASDAQ:SMCI) Upgraded by Wall Street Zen to “Hold” Rating

Wall Street Zen upgraded shares of Super Micro Computer (NASDAQ:SMCI) from a sell rating to a hold rating in a research report report published on Sunday morning.

SMCI has been the topic of a number of other research reports. Needham & Company LLC lowered their target price on Super Micro Computer from $51.00 to $40.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Super Micro Computer in a research report on Monday, December 29th. Raymond James Financial dropped their price objective on Super Micro Computer from $50.00 to $35.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 4th. Sanford C. Bernstein cut their target price on shares of Super Micro Computer from $42.00 to $37.00 and set a “market perform” rating for the company in a research note on Wednesday, February 4th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Super Micro Computer from $43.00 to $40.00 and set a “neutral” rating for the company in a research report on Wednesday, November 5th. Six equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Super Micro Computer has a consensus rating of “Hold” and a consensus price target of $43.43.

Super Micro Computer Price Performance

Shares of SMCI opened at $30.54 on Friday. The company has a quick ratio of 1.01, a current ratio of 1.70 and a debt-to-equity ratio of 0.67. Super Micro Computer has a twelve month low of $27.60 and a twelve month high of $66.44. The stock has a market capitalization of $18.29 billion, a P/E ratio of 22.79, a P/E/G ratio of 0.59 and a beta of 1.53. The company has a 50 day moving average of $31.17 and a 200-day moving average of $40.12.

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

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of SMCI. Vanguard Group Inc. boosted its position in Super Micro Computer by 2.7% in the second quarter. Vanguard Group Inc. now owns 66,152,948 shares of the company’s stock worth $3,242,156,000 after purchasing an additional 1,745,179 shares during the last quarter. Norges Bank bought a new stake in shares of Super Micro Computer in the second quarter valued at approximately $150,395,000. Fiduciary Planning LLC bought a new stake in Super Micro Computer during the 2nd quarter valued at $255,000. Focus Financial Network Inc. boosted its stake in Super Micro Computer by 4,042.2% in the 3rd quarter. Focus Financial Network Inc. now owns 264,688 shares of the company’s stock worth $12,689,000 after purchasing an additional 258,298 shares during the period. Finally, BLKBRD Asset Management LP bought a new position in shares of Super Micro Computer in the second quarter valued at approximately $9,486,000. Institutional investors and hedge funds own 84.06% of the company’s stock.

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.