Super Micro Computer (NASDAQ:SMCI) Shares Gap Up After Analyst Upgrade

Super Micro Computer, Inc. (NASDAQ:SMCI)’s stock price gapped up before the market opened on Wednesday after Barclays raised their price target on the stock from $34.00 to $38.00. The stock had previously closed at $25.50, but opened at $28.89. Barclays currently has an equal weight rating on the stock. Super Micro Computer shares last traded at $31.3670, with a volume of 45,674,079 shares changing hands.

Several other analysts have also recently commented on SMCI. Wolfe Research started coverage on shares of Super Micro Computer in a report on Thursday, June 11th. They set a “peer perform” rating for the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Super Micro Computer in a research note on Wednesday, June 24th. Rosenblatt Securities upped their price objective on shares of Super Micro Computer from $32.00 to $40.00 and gave the company a “buy” rating in a research note 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. Finally, Wedbush lowered their price target on shares of Super Micro Computer from $42.00 to $34.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Four equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $39.21.

More 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.

Hedge Funds Weigh In On Super Micro Computer

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

Super Micro Computer Price Performance

The company has a quick ratio of 1.29, a current ratio of 2.66 and a debt-to-equity ratio of 0.88. The stock has a market capitalization of $18.76 billion, a price-to-earnings ratio of 16.51, a P/E/G ratio of 0.40 and a beta of 1.94. The company’s 50-day simple moving average is $32.70 and its 200 day simple moving average is $30.52.

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