Super Micro Computer (NASDAQ:SMCI) Releases Q3 2026 Earnings Guidance

Super Micro Computer (NASDAQ:SMCI) issued an update on its third quarter 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.600- for the period, compared to the consensus earnings per share estimate of 0.510. The company issued revenue guidance of $12.3 billion-, compared to the consensus revenue estimate of $10.2 billion. Super Micro Computer also updated its FY 2026 guidance to EPS.

Super Micro Computer Price Performance

SMCI traded down $3.32 on Thursday, hitting $30.44. 31,457,483 shares of the company were exchanged, compared to its average volume of 35,663,727. The company has a debt-to-equity ratio of 0.72, a quick ratio of 2.95 and a current ratio of 5.39. The business’s fifty day moving average is $31.38 and its 200 day moving average is $41.34. Super Micro Computer has a fifty-two week low of $27.60 and a fifty-two week high of $66.44. The firm has a market capitalization of $18.17 billion, a P/E ratio of 22.67, a price-to-earnings-growth ratio of 0.61 and a beta of 1.53.

Super Micro Computer (NASDAQ:SMCI) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.49 by $0.20. The company had revenue of $12.68 billion during the quarter, compared to the consensus estimate of $10.34 billion. Super Micro Computer had a net margin of 3.11% and a return on equity of 13.52%. The company’s revenue for the quarter was up 123.4% on a year-over-year basis. During the same period last year, the firm earned $0.59 EPS. Super Micro Computer has set its Q3 2026 guidance at 0.600- EPS. As a group, sell-side analysts anticipate that Super Micro Computer will post 1.86 EPS for the current year.

Analyst Ratings Changes

SMCI has been the topic of several research reports. Raymond James Financial lowered their target price on Super Micro Computer from $50.00 to $35.00 and set an “outperform” rating on the stock in a report on Wednesday. The Goldman Sachs Group increased their price objective on shares of Super Micro Computer from $26.00 to $27.00 and gave the company a “sell” rating in a research note on Wednesday. Sanford C. Bernstein dropped their target price on shares of Super Micro Computer from $42.00 to $37.00 and set a “market perform” rating for the company in a report on Wednesday. Rosenblatt Securities reaffirmed a “buy” rating and issued a $55.00 price target on shares of Super Micro Computer in a report on Monday. Finally, Needham & Company LLC lowered their price target on shares of Super Micro Computer from $51.00 to $40.00 and set a “buy” rating on the stock in a research report on Wednesday. Eight research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Super Micro Computer currently has a consensus rating of “Hold” and an average price target of $44.13.

Trending Headlines about Super Micro Computer

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

• Positive Sentiment: Q2 beat and huge revenue surge: Supermicro reported $12.7B in Q2 sales (up ~123% Y/Y) and $0.69 EPS, comfortably above consensus; management raised near-term revenue guidance and set full-year revenue around $40B — a clear driver of the recent rally. Supermicro Announces Second Quarter Fiscal Year 2026 Financial Results
• Positive Sentiment: Company raised annual revenue forecast on strong AI-server demand — validates upside in top line and underpins bullish analyst commentary and investor interest. Super Micro Computer raises annual revenue forecast amid strong demand for its servers
• Positive Sentiment: Higher-margin product line (Data Center Building Block Solutions, DCBBS) flagged as a potential margin improving engine — management expects DCBBS contribution to rise materially, which could rebuild investor confidence if execution continues. SMCI Soars Post-Earnings: Head Fake, Or Sign of True Recovery?
• Positive Sentiment: Wall Street support persists in places — some firms (e.g., Rosenblatt) reiterated Buy ratings after the results, helping limit downside. Rosenblatt Securities Reiterates Buy Rating for Super Micro Computer (NASDAQ:SMCI)
• Neutral Sentiment: Several bullish theses and commentary pieces argue SMCI is undervalued given AI demand; these attract speculative interest but vary widely in assumptions. Super Micro (SMCI) Gets 13% Boost as Sales, Outlook Soar
• Neutral Sentiment: Heavy short-term options and intraday trading activity suggests speculative positioning — can amplify moves in either direction but is not a fundamental vote of confidence.
• Negative Sentiment: Analyst target cut: Needham trimmed its price target (from $51 to $40) despite keeping a Buy rating — the cut signals more cautious near-term expectations and likely contributed to profit-taking. Super Micro Computer (NASDAQ:SMCI) Price Target Cut to $40.00 by Analysts at Needham & Company LLC
• Negative Sentiment: Severe margin pressure: adjusted gross margin tumbled to ~6.4% (versus double-digits prior), raising doubts about sustainable profitability even as revenue soars — a central reason some investors are selling. Super Micro Computer: Still Plenty Of Issues But Upgrading On Valuation – Hold
• Negative Sentiment: Commentators warn the post-earnings pop could be a “trap” — concerns include customer concentration, pricing pressure from large model builders, execution risk on DCBBS scale-up, and elevated costs. SMCI stock’s post-earnings rally may be a ‘trap’ — smart money says sell
• Negative Sentiment: Analyst/coverage pieces outlining key risks (concentration, margin compression, supply costs) provide a checklist for downside if execution falters. 3 Key Risks Facing SMCI Stock As Super Micro Computer Revenue Surges

Hedge Funds Weigh In On Super Micro Computer

A number of large investors have recently bought and sold shares of SMCI. CIBC Private Wealth Group LLC grew its stake in shares of Super Micro Computer by 11.8% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 3,206 shares of the company’s stock valued at $154,000 after buying an additional 339 shares during the period. Sunbelt Securities Inc. boosted its holdings in Super Micro Computer by 26.4% in the third quarter. Sunbelt Securities Inc. now owns 1,870 shares of the company’s stock valued at $90,000 after acquiring an additional 390 shares during the last quarter. Triumph Capital Management boosted its holdings in Super Micro Computer by 6.1% in the third quarter. Triumph Capital Management now owns 8,700 shares of the company’s stock valued at $417,000 after acquiring an additional 500 shares during the last quarter. Franklin Resources Inc. grew its position in Super Micro Computer by 1.0% during the third quarter. Franklin Resources Inc. now owns 60,619 shares of the company’s stock valued at $2,906,000 after acquiring an additional 589 shares during the period. Finally, Scotia Capital Inc. increased its stake in Super Micro Computer by 4.7% during the third quarter. Scotia Capital Inc. now owns 17,079 shares of the company’s stock worth $819,000 after acquiring an additional 762 shares during the last quarter. Hedge funds and other institutional investors own 84.06% of the company’s stock.

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.