Bank of America Issues Pessimistic Forecast for Super Micro Computer (NASDAQ:SMCI) Stock Price

Super Micro Computer (NASDAQ:SMCI) had its target price lowered by equities research analysts at Bank of America from $34.00 to $24.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage currently has an “underperform” rating on the stock. Bank of America‘s price target would suggest a potential downside of 0.21% from the company’s current price.

Several other analysts have also issued reports on SMCI. Wall Street Zen upgraded shares of Super Micro Computer from a “sell” rating to a “hold” rating in a research note on Sunday, February 15th. Barclays set a $38.00 price target on shares of Super Micro Computer and gave the stock an “equal weight” rating in a report on Wednesday, February 4th. Northland Securities reaffirmed a “market perform” rating and issued a $22.00 price objective on shares of Super Micro Computer in a research report on Monday. Mizuho set a $33.00 price objective on shares of Super Micro Computer in a research note on Wednesday, February 4th. Finally, Argus reissued a “hold” rating on shares of Super Micro Computer in a research report on Friday, March 20th. Four investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $37.07.

Super Micro Computer Stock Up 8.2%

SMCI stock opened at $24.05 on Tuesday. The firm has a market capitalization of $14.41 billion, a PE ratio of 17.95, a P/E/G ratio of 0.43 and a beta of 1.52. 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 $19.48 and a twelve month high of $62.36. The stock’s 50 day moving average is $30.74 and its 200-day moving average is $37.08.

Super Micro Computer (NASDAQ:SMCI) last announced its quarterly 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 business had revenue of $12.68 billion during the quarter, compared to the consensus estimate of $10.34 billion. During the same quarter in the prior year, the company posted $0.59 earnings per share. Super Micro Computer’s revenue was up 123.4% compared to the same quarter last year. Super Micro Computer has set its Q3 2026 guidance at 0.600- EPS. Sell-side analysts expect that Super Micro Computer will post 1.86 EPS for the current fiscal year.

Hedge Funds Weigh In On Super Micro Computer

Several institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in Super Micro Computer by 4.1% in the third quarter. Vanguard Group Inc. now owns 68,848,777 shares of the company’s stock worth $3,300,610,000 after acquiring an additional 2,695,829 shares during the period. Geode Capital Management LLC grew its position in shares of Super Micro Computer by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 13,808,499 shares of the company’s stock valued at $402,627,000 after acquiring an additional 41,314 shares during the period. Invesco Ltd. grew its position in shares of Super Micro Computer by 21.2% during the 4th quarter. Invesco Ltd. now owns 9,953,780 shares of the company’s stock valued at $291,347,000 after acquiring an additional 1,738,749 shares during the period. Disciplined Growth Investors Inc. MN increased its stake in shares of Super Micro Computer by 16.5% during the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 9,730,773 shares of the company’s stock worth $476,905,000 after purchasing an additional 1,381,046 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Super Micro Computer during the 4th quarter worth approximately $136,569,000. Institutional investors own 84.06% of the company’s stock.

Trending Headlines about Super Micro Computer

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

• Positive Sentiment: Q2 results and growth momentum: SMCI reported a sizable beat on the most recent quarter (EPS $0.69 vs. $0.49 est.; revenue $12.68B vs. $10.34B), with revenue up ~123% year-over-year and continued strong demand for AI servers — a fundamental reason some buyers are returning.
• Positive Sentiment: Partnerships supporting AI product stack: Super Micro expanded its Mirantis partnership to standardize open-source AI cloud deployments (NVIDIA GPU environments), reinforcing its positioning in AI infrastructure and potential channel/partner-driven sales. Super Micro Deepens Mirantis Ties To Standardize Open Source AI Clouds
• Neutral Sentiment: Mixed analyst moves — some trims but not blanket sell calls: Rosenblatt cut its price target from $50 to $32 but kept a “buy” rating, reflecting more cautious valuation assumptions while still seeing upside. Rosenblatt target cut (Benzinga)
• Neutral Sentiment: Other street notes: Northland reaffirmed Market Perform, and several SMCI valuation pieces argue the stock is no longer a screaming value despite the pullback — these keep trading sentiment mixed. Northland Securities Reaffirms Market Perform
• Neutral Sentiment: Data oddities on short interest: recent short-interest reports in some feeds show anomalous “0 shares” figures — treat those numbers cautiously until exchanges or data providers correct them.
• Negative Sentiment: Shareholder lawsuit alleging securities fraud tied to China sales: a new complaint accuses SMCI of concealing dependence on China sales and potential export-law violations tied to an indictment of a co‑founder, a development that raises regulatory, legal and reputational risk. Super Micro sued by shareholders over China-related criminal case against co-founder, others
• Negative Sentiment: Multiple class-action filings and investigator alerts: several law firms (Robbins LLP, Glancy Prongay Wolke & Rotter, Kirby McInerney, RGRD and others) have announced investigations or filed suits covering the period linked to the DOJ indictment, increasing the probability of costly litigation and distracting management. SMCI INVESTOR ALERT – RGRD Law Robbins LLP class action notice
• Negative Sentiment: Analyst downgrades and target cuts tied to legal risk: Citi slashed its price target to $25 (from $39) and BofA cut to $24 with an Underperform — these moves reflect increased concern that legal/export-control issues could impair access to key chips, margins and future growth. Citi Cuts Its Target for Super Micro Computer to $25

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.