In the last trading session, 103.91 million Super Micro Computer Inc (NASDAQ:SMCI) shares changed hands as the company’s beta touched 1.27. With the company’s per share price at $56.07 changed hands at -$3.2 or -5.40% during last session, the market valuation stood at $32.83B. SMCI’s last price was a discount, traded about -119.19% off its 52-week high of $122.90. The share price had its 52-week low at $17.25, which suggests the last value was 69.23% up since then.
Analysts gave the Super Micro Computer Inc (SMCI) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.70. If we narrow down to specifics, the data shows that 0 out of 10 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended SMCI as a Hold, 7 felt it is a Buy and 0 rated the stock as Underweight. Super Micro Computer Inc’s EPS for the current quarter is expected to be 0.75.
Super Micro Computer Inc (NASDAQ:SMCI) trade information
Instantly SMCI was in red as seen at the end of in last trading. With action 32.62%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 83.96%, with the 5-day performance at 32.62% in the green. However, in the 30-day time frame, Super Micro Computer Inc (NASDAQ:SMCI) is 65.59% up.
The consensus price target for the stock as assigned by Wall Street analysts is 41.25, meaning bulls need a downside of -35.93% from its current market value. According to analyst projections, SMCI’s forecast low is 25 with 100 as the target high. To hit the forecast high, the stock’s price needs a -78.35% plunge from its current level, while the stock would need to tank 55.41% for it to hit the projected low.
Super Micro Computer Inc (SMCI) estimates and forecasts
Year-over-year growth is forecast to reach 59.97% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 5.95B. 5 analysts are of the opinion that Super Micro Computer Inc’s revenue for the current quarter will be 5.65B. The company’s revenue for the corresponding quarters a year ago was 2.12B and 3.66B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 180.80%. The estimates for the next quarter sales put growth at 54.16%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 70.58%. The 2025 estimates are for Super Micro Computer Inc earnings to increase by 18.71%, but the outlook for the next 5-year period is at 23.69% per year.
Super Micro Computer Inc (NASDAQ:SMCI)’s Major holders
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 7.1135% or 4.02 million shares worth $3.29 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. With 15.77 shares estimated at $884.13 million under it, the former controlled 2.69% of total outstanding shares. On the other hand, Vanguard 500 Index Fund held about 2.25% of the shares, roughly 13.19 shares worth around $739.53 million.
