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

Super Micro Computer (NASDAQ:SMCI) had its price objective lifted by equities research analysts at Needham & Company LLC from $40.00 to $46.00 in a report released on Wednesday, Marketbeat.com reports. The firm presently has a “buy” rating on the stock. Needham & Company LLC’s price target indicates a potential upside of 47.44% from the stock’s current price.

A number of other research firms have also weighed in on SMCI. Raymond James Financial dropped their price objective on Super Micro Computer from $45.00 to $39.00 in a research note on Friday, June 12th. Northland Securities lifted their target price on shares of Super Micro Computer from $22.00 to $34.00 in a research note on Wednesday, May 6th. Wolfe Research assumed coverage on shares of Super Micro Computer in a report on Thursday, June 11th. They set a “peer perform” rating for the company. Bank of America cut their price target on shares of Super Micro Computer from $34.00 to $24.00 and set an “underperform” rating on the stock in a report on Tuesday, March 24th. Finally, Citigroup restated a “neutral” rating and issued a $33.00 price objective (up from $31.00) on shares of Super Micro Computer in a research report on Monday, July 13th. Four 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. According to MarketBeat.com, Super Micro Computer currently has an average rating of “Hold” and a consensus target price of $39.21.

Super Micro Computer Stock Up 2.1%

SMCI opened at $31.20 on Wednesday. Super Micro Computer has a 12 month low of $19.48 and a 12 month high of $62.36. The company has a current ratio of 2.66, a quick ratio of 1.29 and a debt-to-equity ratio of 0.88. The business’s 50-day moving average price is $32.70 and its 200-day moving average price is $30.52. The company has a market cap of $18.76 billion, a P/E ratio of 16.51, a P/E/G ratio of 0.40 and a beta of 1.94.

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, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $12.39 billion. During the same period in the prior year, the business posted $0.31 EPS. Super Micro Computer’s quarterly revenue 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. On average, equities analysts expect that Super Micro Computer will post 2.11 EPS for the current year.

Hedge Funds Weigh In On Super Micro Computer

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. MCF Advisors LLC lifted its stake in Super Micro Computer by 9.6% in the 4th quarter. MCF Advisors LLC now owns 3,696 shares of the company’s stock worth $108,000 after purchasing an additional 325 shares in the last quarter. CIBC Private Wealth Group LLC grew its position in shares of Super Micro Computer by 11.8% during the third quarter. CIBC Private Wealth Group LLC now owns 3,206 shares of the company’s stock valued at $154,000 after purchasing an additional 339 shares in the last quarter. City State Bank increased its holdings in shares of Super Micro Computer by 4.9% in the fourth quarter. City State Bank now owns 7,500 shares of the company’s stock worth $220,000 after purchasing an additional 350 shares during the last quarter. World Equity Group Inc. increased its holdings in shares of Super Micro Computer by 3.8% in the first quarter. World Equity Group Inc. now owns 9,877 shares of the company’s stock worth $225,000 after purchasing an additional 362 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. lifted its position in shares of Super Micro Computer by 8.3% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 4,897 shares of the company’s stock worth $143,000 after buying an additional 375 shares in the last quarter. Institutional investors 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 gross margin is now expected to be 15% to 17%, far above its prior 8.2% to 8.4% outlook, easing investor concerns about profitability and helping explain the stock’s surge. Super Micro Computer stock surges 20% on margin recovery
• Positive Sentiment: The company disclosed more than $60 billion in new orders in the quarter and a record backlog, reinforcing the view that demand for its AI servers remains very strong. Supermicro Introduces New Server Portfolio with 6th Gen AMD EPYC CPUs
• Positive Sentiment: Super Micro also introduced a new H15 server portfolio powered by 6th Gen AMD EPYC CPUs and optimized for next-generation AI workloads, which supports its growth narrative in AI infrastructure. Supermicro Introduces New Server Portfolio
• Neutral Sentiment: Several analysts raised price targets or upgraded the stock, while others stayed cautious, suggesting expectations remain mixed despite the stronger update.
• Negative Sentiment: Revenue is still expected near the low end of guidance, and some reports warned that fulfilling the huge backlog may require additional financing or capital raises, tempering the bullish reaction.
• Negative Sentiment: Northland and Mizuho kept a more restrained view on the name, with one cutting near-term EPS estimates and another lowering its price target, showing concerns have not fully disappeared.

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.