Super Micro Computer falls 6% as AI-hardware sentiment weakens and margin concerns linger

Super Micro Computer, Inc. (SMCI) is down 6.0% today. Here is some analysis on what might have caused this price movement.

Analysis: SMCI’s drop appears tied to a broader risk-off move in growth/AI-linked hardware alongside lingering investor sensitivity to Super Micro’s compressed margins. With expectations still high after a strong recent quarter, the stock may be seeing renewed profit-taking as the market focuses on profitability and execution risk rather than revenue growth alone.

Details:

Major U.S. indexes and the tech-heavy Nasdaq were lower in the latest session, weighing on high-beta infrastructure names and other AI-exposed stocks.

Recent results highlighted strong AI-server demand and better-than-expected revenue, but investors have continued to worry about very low gross margins compared with prior-year levels.

Company commentary and third-party earnings summaries have emphasized that mix, expedite costs, and customer concentration can keep near-term profitability under pressure even if sales remain strong.

This could also be a spillover effect from sharp moves in other AI bellwethers, where “beat but not enough” reactions can pressure the entire AI hardware complex.

Sources:

Investors.com, Barron's, TipRanks, Nasdaq

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$SMCI Insider Trading Activity

$SMCI insiders have traded $SMCI stock on the open market 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.

Here’s a breakdown of recent trading of $SMCI stock by insiders over the last 6 months:

DAVID E WEIGAND (SVP, Chief Financial Officer) has made 0 purchases and 3 sales selling 50,000 shares for an estimated $2,135,780.
GEORGE KAO (SVP, OPERATIONS) sold 56,904 shares for an estimated $1,868,220
SHERMAN TUAN sold 48,630 shares for an estimated $1,604,790

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$SMCI Hedge Fund Activity

We have seen 328 institutional investors add shares of $SMCI stock to their portfolio, and 599 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 9,879,767 shares (-74.0%) from their portfolio in Q4 2025, for an estimated $289,180,780
JPMORGAN CHASE & CO removed 4,805,017 shares (-81.4%) from their portfolio in Q4 2025, for an estimated $140,642,847
D. E. SHAW & CO., INC. removed 3,713,707 shares (-81.6%) from their portfolio in Q4 2025, for an estimated $108,700,203
CANADA PENSION PLAN INVESTMENT BOARD added 2,834,987 shares (+344.2%) to their portfolio in Q4 2025, for an estimated $82,980,069
MARSHALL WACE, LLP removed 2,775,740 shares (-98.4%) from their portfolio in Q4 2025, for an estimated $81,245,909
CITADEL ADVISORS LLC added 2,439,473 shares (+57.6%) to their portfolio in Q4 2025, for an estimated $71,403,374
UBS GROUP AG added 2,298,862 shares (+45.0%) to their portfolio in Q4 2025, for an estimated $67,287,690

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$SMCI Congressional Stock Trading

Members of Congress have traded $SMCI stock 4 times in the past 6 months. Of those trades, 2 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $SMCI stock by members of Congress over the last 6 months:

SENATOR JOHN BOOZMAN has traded it 2 times. They made 1 purchase worth up to $15,000 on 12/11 and 1 sale worth up to $15,000 on 12/31.
REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 2 times. They made 1 purchase worth up to $15,000 on 09/05 and 1 sale worth up to $15,000 on 11/12.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$SMCI Analyst Ratings

Wall Street analysts have issued reports on $SMCI in the last several months. We have seen 3 firms issue buy ratings on the stock, and 1 firms issue sell ratings.

Here are some recent analyst ratings:

Needham issued a "Buy" rating on 02/04/2026
Argus Research issued a "Buy" rating on 11/06/2025
Rosenblatt issued a "Buy" rating on 11/05/2025
Goldman Sachs issued a "Sell" rating on 10/24/2025

To track analyst ratings and price targets for $SMCI, check out Quiver Quantitative's $SMCI forecast page.

$SMCI Price Targets

Multiple analysts have issued price targets for $SMCI recently. We have seen 12 analysts offer price targets for $SMCI in the last 6 months, with a median target of $40.0.

Here are some recent targets:

Tim Long from Barclays set a target price of $38.0 on 02/04/2026
Kevin Cassidy from Rosenblatt set a target price of $50.0 on 02/04/2026
N. Quinn Bolton from Needham set a target price of $40.0 on 02/04/2026
Asiya Merchant from Citigroup set a target price of $39.0 on 01/20/2026
Katherine Murphy from Goldman Sachs set a target price of $26.0 on 01/13/2026
Vijay Rakesh from Mizuho set a target price of $31.0 on 01/09/2026
Jim Kelleher from Argus Research set a target price of $64.0 on 11/06/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.