Super Micro Computer (NASDAQ:SMCI) Announces Earnings Results, Beats Estimates By $0.21 EPS

Super Micro Computer (NASDAQ:SMCI) announced its quarterly earnings results on Tuesday. The company reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.21, FiscalAI reports. Super Micro Computer had a return on equity of 13.22% and a net margin of 3.11%.The company had revenue of $10.24 billion for the quarter, compared to the consensus estimate of $12.39 billion. Super Micro Computer updated its Q4 2026 guidance to 0.650-0.790 EPS.

Super Micro Computer Stock Down 0.3%

Shares of SMCI stock traded down $0.09 during midday trading on Tuesday, reaching $27.83. 36,321,197 shares of the stock were exchanged, compared to its average volume of 35,289,770. Super Micro Computer has a 1 year low of $19.48 and a 1 year high of $62.36. The company’s 50 day moving average is $27.67 and its two-hundred day moving average is $32.76. The company has a current ratio of 1.70, a quick ratio of 1.01 and a debt-to-equity ratio of 0.67. The firm has a market cap of $16.67 billion, a PE ratio of 20.77, a price-to-earnings-growth ratio of 0.51 and a beta of 1.69.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. JPMorgan Chase & Co. reduced their price target on Super Micro Computer from $40.00 to $28.00 and set a “neutral” rating on the stock in a report on Thursday, April 16th. Barclays set a $38.00 price target on Super Micro Computer and gave the company an “equal weight” rating in a report on Wednesday, February 4th. Sanford C. Bernstein reduced their price target on Super Micro Computer from $42.00 to $37.00 and set a “market perform” rating on the stock in a report on Wednesday, February 4th. Argus restated a “hold” rating on shares of Super Micro Computer in a report on Friday, March 20th. Finally, Wall Street Zen upgraded Super Micro Computer from a “sell” rating to a “hold” rating in a report on Sunday, February 15th. Four analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $35.64.

Key Stories Impacting Super Micro Computer

Here are the key news stories impacting Super Micro Computer this week:

• Positive Sentiment: Company announced an expanded AI infrastructure lineup, which could support near‑term revenue growth and help reassure investors focused on AI-driven demand. Super Micro Computer Expands AI Infrastructure Lineup As Market Awaits Earnings
• Neutral Sentiment: Q3 earnings are due after the close; the company “has a lot to prove” on revenue mix, margins and guidance — this is the main near‑term catalyst and will likely drive volatility. Super Micro Computer Has a Lot to Prove When Reporting Earnings
• Neutral Sentiment: Analysts are reworking growth and risk assumptions for SMCI as expectations shift ahead of the print — updates could result in revisions to estimates and recommendations. Why The Super Micro Computer (SMCI) Story Is Shifting As Analysts Rework Growth And Risk
• Negative Sentiment: Multiple law firms have filed or are soliciting clients for securities‑fraud class actions covering purchases between Apr 30, 2024 and Mar 19, 2026; several firms are urging investors to seek lead‑plaintiff status before the May 26 deadline — this legal overhang increases uncertainty, potential liability, and investor risk. ROSEN, SKILLED INVESTOR COUNSEL, Encourages Super Micro Computer, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SMCI
• Negative Sentiment: A critical sell note argues material revenue risk (including a cited large Oracle contract cancellation) and governance/operational headwinds — such commentary can prompt downgrades, higher volatility and short‑term selling pressure. Super Micro Computer: Get Out Before Earnings
• Negative Sentiment: Wedbush highlights renewed uncertainty around governance ahead of earnings; governance concerns often weigh on multiples and investor confidence. Super Micro Computer Faces Uncertainty Over Governance Issue, Wedbush Says

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in SMCI. Advisors Asset Management Inc. purchased a new position in shares of Super Micro Computer during the 1st quarter worth approximately $39,000. EverSource Wealth Advisors LLC grew its holdings in shares of Super Micro Computer by 42.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,479 shares of the company’s stock worth $171,000 after acquiring an additional 1,036 shares during the period. Baird Financial Group Inc. grew its holdings in shares of Super Micro Computer by 54.9% during the 2nd quarter. Baird Financial Group Inc. now owns 18,955 shares of the company’s stock worth $929,000 after acquiring an additional 6,718 shares during the period. Flow Traders U.S. LLC purchased a new position in shares of Super Micro Computer during the 2nd quarter worth approximately $277,000. Finally, Daiwa Securities Group Inc. grew its holdings in shares of Super Micro Computer by 3.4% during the 2nd quarter. Daiwa Securities Group Inc. now owns 85,647 shares of the company’s stock worth $4,198,000 after acquiring an additional 2,799 shares during the period. Hedge funds and other institutional investors own 84.06% of the company’s stock.

About Super Micro Computer

Super Micro Computer, Inc (Supermicro) is a technology company that designs, develops and manufactures high-performance server, storage and networking solutions for enterprise, cloud, data center, high performance computing (HPC) and edge computing customers. The company’s product portfolio includes rackmount and blade servers, storage subsystems, motherboards, chassis, power supplies and networking components, with an emphasis on high-density, energy-efficient configurations and platforms optimized for GPU-accelerated workloads and artificial intelligence applications.

Headquartered in San Jose, California, Supermicro combines in-house engineering with a global manufacturing and distribution footprint to deliver configurable, application-specific systems.