Shares of Super Micro Computer have moved 14.9% today, and are now trading at a price of $47.38. In contrast, the S&P 500 index saw a -1.0% change. Today's trading volume is 90,812,514 compared to the stock's average volume of 76,323,967.
Super Micro Computer, Inc., together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. The company is now trading -38.79% away from its average analyst target price of $77.4 per share. The 13 analysts following the stock have set target prices ranging from $32.5 to $130.0, and on average give Super Micro Computer a rating of buy.
Over the last 52 weeks, SMCI stock has risen 42.2%, which amounts to a 9.5% difference compared to the S&P 500. The stock's 52 week high is $122.9 whereas its 52 week low is $22.66 per share. Based on Super Micro Computer's average net margin growth of 44.2% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 7,123,482 | 639,998 | 9 | 80.0 |
| 2022 | 5,196,099 | 285,163 | 5 | 66.67 |
| 2021 | 3,557,422 | 111,865 | 3 | 0.0 |
| 2020 | 3,339,281 | 84,308 | 3 | 50.0 |
| 2019 | 3,500,360 | 71,918 | 2 | 100.0 |
| 2018 | 3,360,492 | 46,165 | 1 |
