Super Micro Computer (NASDAQ:SMCI) Trading 19.8% Higher After Analyst Upgrade

Super Micro Computer, Inc. (NASDAQ:SMCI) shares traded up 19.8% during trading on Wednesday after Barclays raised their price target on the stock from $34.00 to $38.00. Barclays currently has an equal weight rating on the stock. Super Micro Computer traded as high as $32.28 and last traded at $30.56. 161,865,465 shares traded hands during mid-day trading, an increase of 270% from the average session volume of 43,758,965 shares. The stock had previously closed at $25.50.

A number of other brokerages have also recently issued reports on SMCI. JPMorgan Chase & Co. upped their target price on Super Micro Computer from $28.00 to $32.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. The Goldman Sachs Group reissued a “sell” rating on shares of Super Micro Computer in a research note on Wednesday, May 6th. Wedbush reduced their price target on Super Micro Computer from $42.00 to $34.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Northland Securities upped their price objective on Super Micro Computer from $22.00 to $34.00 in a research note on Wednesday, May 6th. Finally, Mizuho raised their price objective on shares of Super Micro Computer from $36.00 to $44.00 and gave the company a “neutral” rating in a report on Monday, June 1st. Four equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $39.21.

Key Super Micro Computer News

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.

Institutional Investors Weigh In On Super Micro Computer

A number of institutional investors have recently made changes to their positions in SMCI. Flagship Harbor Advisors LLC bought a new stake in shares of Super Micro Computer in the 4th quarter valued at about $25,000. Elyxium Wealth LLC bought a new position in shares of Super Micro Computer during the fourth quarter worth about $26,000. Arax Advisory Partners bought a new position in shares of Super Micro Computer during the fourth quarter worth about $28,000. SHP Wealth Management acquired a new position in shares of Super Micro Computer in the fourth quarter worth approximately $29,000. Finally, Concord Wealth Partners lifted its stake in shares of Super Micro Computer by 2,564.1% in the fourth quarter. Concord Wealth Partners now owns 1,039 shares of the company’s stock worth $30,000 after acquiring an additional 1,000 shares during the period. Institutional investors own 84.06% of the company’s stock.

Super Micro Computer Price Performance

The company has a fifty day moving average of $32.70 and a 200 day moving average of $30.52. The firm has a market capitalization of $18.76 billion, a P/E ratio of 16.51, a PEG ratio of 0.40 and a beta of 1.94. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.66 and a quick ratio of 1.29.

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 in the prior year, the firm posted $0.31 EPS. The company’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. Sell-side analysts predict that Super Micro Computer, Inc. will post 2.11 earnings per share for the current year.

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.