Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Super Micro Computer Inc before investing.

In this article, we go over a few key elements for understanding Super Micro Computer Inc’s stock price such as:

• Super Micro Computer Inc’s current stock price and volume
• Why Super Micro Computer Inc’s stock price changed recently
• Upgrades and downgrades for SMCI from analysts
• SMCI’s stock price momentum as measured by its relative strength

About Super Micro Computer Inc (SMCI)

Before we jump into Super Micro Computer Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Super Micro Computer, Inc. is an application-optimized Total IT solution. The Company provides Silicon Valley-based provider of accelerated compute platforms that are application-optimized server and storage systems for a variety of markets, including enterprise data centers, cloud computing, artificial intelligence (AI), fifth generation (5G) and edge computing. Its Total IT Solutions includes complete servers, storage systems, modular blade servers, blades, workstations, full rack scale solutions, networking devices, server sub-systems, server management and security software. It also provides global support and services to help its customers install, upgrade and maintain their computing infrastructure. Its products include servers & storage, building blocks, IoT & embedded, networking, and workstations & gaming products. IoT & Embedded products include Embedded SuperServers, Embedded Motherboards, Embedded Chassis and Global SKUs. It operates in the United States, Asia and Europe.

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Super Micro Computer Inc’s Stock Price as of Market Close

As of September 06, 2024, 4:00 PM, CST, Super Micro Computer Inc’s stock price was $386.46.

Super Micro Computer Inc is down 6.79% from its previous closing price of $414.60.

During the last market session, Super Micro Computer Inc’s stock traded between $406.83 and $421.93. Currently, there are 56.48 million shares of Super Micro Computer Inc stock available for purchase.

Super Micro Computer Inc’s price-earnings (P/E) ratio is currently at 20.8, which is low compared to the Computer Hardware industry median of 20.8. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Super Micro Computer Inc Stock Price History

Super Micro Computer Inc’s (SMCI) price is currently down 11.71% so far this month.

During the month of September, Super Micro Computer Inc’s stock price has reached a high of $464.40 and a low of $382.80.

Over the last year, Super Micro Computer Inc has hit prices as high as $1,229.00 and as low as $226.59. Year to date, Super Micro Computer Inc’s stock is up 370.72%.

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What Caused Super Micro Computer Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 05, 2024, there were 6 analysts who downgraded Super Micro Computer Inc’s stock and 5 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Super Micro Computer Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Super Micro Computer Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Super Micro Computer Inc’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Super Micro Computer Inc (SMCI) by visiting AAII Stock Evaluator.

Relative Price Strength of Super Micro Computer Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 05, 2024, Super Micro Computer Inc has a weighted four-quarter relative price strength of 30.62%, which translates to a Momentum Score of 96 and is considered to be Very Strong.

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Super Micro Computer Inc Stock Price: Bottom Line

As of September 6, 2024, Super Micro Computer Inc’s stock price is $386.46, which is down 6.79% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Super Micro Computer Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.