In the last trading session, 63.99 million shares of the Super Micro Computer Inc (NASDAQ:SMCI) were traded, and its beta was 1.16. Most recently the company’s share price was $42.15, and it changed around $3.05 or 7.80% from the last close, which brings the market valuation of the company to $25.02B. SMCI currently trades at a discount to its 52-week high of $110.61, offering almost -162.42% off that amount. The share price’s 52-week low was $17.25, which indicates that the current value has risen by an impressive 59.07% since then. We note from Super Micro Computer Inc’s average daily trading volume that its 10-day average is 63.8 million shares, with the 3-month average coming to 71.37 million.
Super Micro Computer Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.42. If we narrow it down even further, the data shows that 1 out of 15 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 9 recommended SMCI as a Hold, whereas 3 deemed it a Buy, and 1 rated it as Underweight. Super Micro Computer Inc is expected to report earnings per share of 0.54 for the current quarter.
Super Micro Computer Inc (NASDAQ:SMCI) trade information
Instantly SMCI has showed a green trend with a performance of 7.80% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 43.17 on recent trading dayincreased the stock’s daily price by 2.36%. The company’s shares are currently up 38.29% year-to-date, but still down -0.05% over the last five days. On the other hand, Super Micro Computer Inc (NASDAQ:SMCI) is -28.88% down in the 30-day period. We can see from the shorts that 102.96 million shares have been sold at a short interest cover period of 0.95 day(s).
The consensus price target as assigned by Wall Street analysts is $52, which translates to bulls needing to increase their stock price by 18.94% from its current value. Analyst projections state that SMCI is forecast to be at a low of $28 and a high of $70.
Super Micro Computer Inc (SMCI) estimates and forecasts
The year-over-year growth rate is expected to be 60.52%, up from the previous year.
Consensus estimates provided by 11 financial analysts predict the company will bring in an average of 5.43B in revenue for the current quarter. 11 analysts expect Super Micro Computer Inc to make 6.93B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 3.85B and 5.31B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 41.01%. Forecasts for the next quarter put sales growth at 30.49%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 68.98%. Super Micro Computer Inc earnings are expected to increase by 19.00% in 2025, but the outlook is positive 28.71% per year for the next five years.
SMCI Dividends
Super Micro Computer Inc’s next quarterly earnings report is expected to be released on 2025-Feb-24.
Super Micro Computer Inc (NASDAQ:SMCI)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 14.21% of Super Micro Computer Inc shares, and 51.80% of them are in the hands of institutional investors. The stock currently has a share float of 60.39%. Super Micro Computer Inc stock is held by 995.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 10.5558% of the shares, which is about 5.96 million shares worth $4.88 billion.
BLACKROCK INC., with 7.1135% or 4.02 million shares worth $3.29 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 15.54 shares worth $654.94 million, making up 2.62% of all outstanding shares. On the other hand, Vanguard 500 Index Fund held roughly 13.63 shares worth around $574.61 million, which represents about 2.30% of the total shares outstanding.
