What is Northland Securities’ Forecast for SMCI Q3 Earnings?

Super Micro Computer, Inc. (NASDAQ:SMCI) – Equities researchers at Northland Securities decreased their Q3 2027 earnings per share estimates for shares of Super Micro Computer in a research note issued to investors on Wednesday, July 22nd. Northland Securities analyst N. Chokshi now anticipates that the company will post earnings per share of $0.80 for the quarter, down from their previous estimate of $0.86. The consensus estimate for Super Micro Computer’s current full-year earnings is $2.11 per share. Northland Securities also issued estimates for Super Micro Computer’s FY2027 earnings at $3.16 EPS.

A number of other analysts have also recently issued reports on the company. JPMorgan Chase & Co. boosted their target price on Super Micro Computer from $28.00 to $32.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. Rosenblatt Securities set a $45.00 price target on shares of Super Micro Computer and gave the company a “buy” rating in a research report on Wednesday. Weiss Ratings reiterated a “hold (c)” rating on shares of Super Micro Computer in a research note on Wednesday, June 24th. Needham & Company LLC increased their price objective on shares of Super Micro Computer from $40.00 to $46.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, Raymond James Financial cut their target price on shares of Super Micro Computer from $45.00 to $39.00 in a research note on Friday, June 12th. Four investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $39.93.

Super Micro Computer Stock Performance

Super Micro Computer stock opened at $30.56 on Thursday. The company has a market cap of $18.38 billion, a price-to-earnings ratio of 16.17, a price-to-earnings-growth ratio of 0.32 and a beta of 1.94. Super Micro Computer has a 12 month low of $19.48 and a 12 month high of $62.36. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.66 and a quick ratio of 1.29. The stock’s 50-day moving average is $32.74 and its 200-day moving average is $30.52.

Super Micro Computer (NASDAQ:SMCI) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.21. The firm had revenue of $10.24 billion during the quarter, compared to the consensus estimate of $12.39 billion. Super Micro Computer had a return on equity of 17.49% and a net margin of 3.70%.The firm’s quarterly revenue was up 122.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.31 earnings per share. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Trust Asset Management LLC purchased a new position in Super Micro Computer in the second quarter valued at about $164,000. Tema ETFs LLC increased its holdings in Super Micro Computer by 10.5% during the 2nd quarter. Tema ETFs LLC now owns 10,663 shares of the company’s stock worth $313,000 after purchasing an additional 1,015 shares during the last quarter. Redhawk Wealth Advisors Inc. acquired a new position in shares of Super Micro Computer in the 2nd quarter valued at approximately $253,000. Contravisory Investment Management Inc. acquired a new position in shares of Super Micro Computer in the 2nd quarter valued at approximately $49,000. Finally, World Equity Group Inc. boosted its stake in shares of Super Micro Computer by 21.3% during the 2nd quarter. World Equity Group Inc. now owns 11,977 shares of the company’s stock valued at $351,000 after buying an additional 2,100 shares during the last quarter. Institutional investors and hedge funds own 84.06% of the company’s stock.

Super Micro Computer News Roundup

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

• Positive Sentiment: Super Micro said it booked more than $60 billion in new orders in fiscal Q4, driving backlog to a record level and signaling powerful demand for its AI infrastructure products. Reuters article
• Positive Sentiment: The company also raised its gross margin outlook to 15%–17% from 8.2%–8.4%, suggesting a much stronger product/customer mix and improved profitability. WSJ article
• Positive Sentiment: The upbeat update also lifted sentiment across AI hardware peers such as Dell and Hewlett Packard Enterprise, reinforcing the view that enterprise AI spending remains strong. Invezz article
• Neutral Sentiment: Revenue for the quarter is still expected to come in near the low end of guidance, which tempers some of the enthusiasm even as margins and backlog improve. Proactive Investors article
• Negative Sentiment: Some investors remain cautious, noting that the revenue shortfall versus consensus and ongoing legal/patent scrutiny could still weigh on the stock if execution slips. Yahoo Finance article

Super Micro Computer Company Profile

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.