Super Micro Computer (NASDAQ:SMCI) Updates Q4 2026 Earnings Guidance

Super Micro Computer (NASDAQ:SMCI) updated its fourth quarter 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.650-0.790 for the period, compared to the consensus earnings per share estimate of 0.550. The company issued revenue guidance of $11.0 billion-$12.5 billion, compared to the consensus revenue estimate of $11.4 billion. Super Micro Computer also updated its FY 2026 guidance to EPS.

Wall Street Analysts Forecast Growth

Several research firms have commented on SMCI. Citigroup restated a “neutral” rating on shares of Super Micro Computer in a research report on Wednesday. Bank of America lowered their price objective on Super Micro Computer from $34.00 to $24.00 and set an “underperform” rating on the stock in a research report on Tuesday, March 24th. Wedbush lowered their price objective on Super Micro Computer from $42.00 to $34.00 and set a “neutral” rating on the stock in a research report on Wednesday. Northland Securities restated a “market perform” rating and issued a $22.00 price objective on shares of Super Micro Computer in a research report on Monday, March 23rd. Finally, Mizuho set a $30.00 price objective on Super Micro Computer in a research report on Wednesday. Four research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Super Micro Computer presently has an average rating of “Hold” and a consensus price target of $36.43.

Super Micro Computer Price Performance

Shares of NASDAQ:SMCI traded up $4.87 during midday trading on Wednesday, reaching $32.70. 75,626,165 shares of the company’s stock traded hands, compared to its average volume of 36,081,621. Super Micro Computer has a 1 year low of $19.48 and a 1 year high of $62.36. The company has a market cap of $19.59 billion, a P/E ratio of 24.27, a PEG ratio of 0.52 and a beta of 1.69. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.01 and a current ratio of 1.70. The company has a fifty day simple moving average of $27.57 and a two-hundred day simple moving average of $32.57.

Super Micro Computer (NASDAQ:SMCI) last announced its 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. Super Micro Computer had a return on equity of 13.22% and a net margin of 3.11%.The firm had revenue of $10.24 billion for the quarter, compared to analyst estimates of $12.39 billion. During the same quarter last year, the firm posted $0.31 EPS. The business’s revenue was up 122.7% on a year-over-year basis. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. Equities analysts predict that Super Micro Computer will post 1.9 EPS for the current fiscal year.

Super Micro Computer News Roundup

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

• Positive Sentiment: Q3 earnings and margin rebound: Supermicro beat EPS expectations ($0.84 vs. ~$0.63 consensus) and reported a material gross‑margin recovery that investors cheered as proof margins are improving. BusinessWire: Q3 Results
• Positive Sentiment: Strong forward guidance: Management guided Q4 revenue to $11.0B–$12.5B and adjusted EPS to $0.65–$0.79—above Street revenue and EPS expectations—signaling continued robust AI server demand. Yahoo: Upbeat Q4 Forecast
• Positive Sentiment: Market reaction and analyst support: Multiple outlets report the stock rallying after the beat + guidance, and Needham reaffirmed a Buy with a $40 PT, supporting momentum. Benzinga: Needham Reaffirmed
• Neutral Sentiment: Upgrade and mixed analyst moves: CJS Securities upgraded SMCI to “market perform” (a modest vote of confidence), while Wedbush trimmed its PT to $34 and set a Neutral rating—signals of narrowed upside but not a consensus sell signal. The Fly: CJS Upgrade
• Neutral Sentiment: Macro and sector tailwinds: Strength in AI-related capex and broader tech upside is helping SMCI alongside company‑specific news; this is supportive but not company‑specific proof of sustainable sales. 247WallSt: Tech Market Tailwinds
• Negative Sentiment: Ongoing and new litigation risk: Multiple law firms have filed or are soliciting lead‑plaintiff candidates for class actions alleging fraud/export‑control misrepresentations; a new securities class‑action filing was announced this morning — a continuing legal overhang that can pressure valuation and add uncertainty. Newsfile: Class Action Filed
• Negative Sentiment: Price‑target cuts from big banks: JPMorgan lowered its PT to $32 (near current levels), which may cap upside for more conservative investors even as others remain bullish. MarketScreener: JPMorgan PT Cut
• Negative Sentiment: Revenue miss vs. quarterly expectations: Q3 revenue of ~$10.24B missed some analyst estimates (~$12.3B), so growth execution and customer stability remain items to monitor despite the stronger guidance. ProactiveInvestors: Revenue Miss

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Strong Retirement Solutions LLC acquired a new position in Super Micro Computer in the 4th quarter valued at $357,000. Laird Norton Wetherby Trust Company LLC acquired a new position in Super Micro Computer in the 4th quarter valued at $337,000. CreativeOne Wealth LLC raised its stake in Super Micro Computer by 16.3% in the 4th quarter. CreativeOne Wealth LLC now owns 10,731 shares of the company’s stock valued at $314,000 after purchasing an additional 1,504 shares during the last quarter. Oxford Asset Management LLP acquired a new position in Super Micro Computer in the 4th quarter valued at $312,000. Finally, Steward Partners Investment Advisory LLC raised its stake in Super Micro Computer by 36.6% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 9,404 shares of the company’s stock valued at $275,000 after purchasing an additional 2,522 shares during the last quarter. 84.06% of the stock is owned by institutional investors and hedge funds.

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.