Equities Analysts Issue Forecasts for SMCI Q2 Earnings

Super Micro Computer, Inc. (NASDAQ:SMCI) – Analysts at Northland Securities issued their Q2 2028 EPS estimates for Super Micro Computer in a report issued on Wednesday, August 12th. Northland Securities analyst N. Chokshi forecasts that the company will post earnings per share of $1.17 for the quarter. The consensus estimate for Super Micro Computer’s current full-year earnings is $2.97 per share. Northland Securities also issued estimates for Super Micro Computer’s Q3 2028 earnings at $1.23 EPS, Q4 2028 earnings at $1.24 EPS and FY2028 earnings at $4.80 EPS.

SMCI has been the subject of several other reports. Stifel Nicolaus set a $42.00 price target on Super Micro Computer in a research report on Wednesday, August 12th. Mizuho set a $35.00 target price on Super Micro Computer and gave the company a “neutral” rating in a research note on Wednesday, August 12th. Needham & Company LLC reiterated a “buy” rating and issued a $46.00 target price on shares of Super Micro Computer in a report on Wednesday, August 12th. Wolfe Research began coverage on shares of Super Micro Computer in a research report on Thursday, June 11th. They set a “peer perform” rating for the company. Finally, JPMorgan Chase & Co. raised their price target on shares of Super Micro Computer from $28.00 to $32.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Four analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Super Micro Computer presently has a consensus rating of “Hold” and a consensus target price of $42.13.

Super Micro Computer Stock Down 2.2%

Shares of NASDAQ SMCI opened at $36.58 on Thursday. Super Micro Computer has a 12-month low of $19.48 and a 12-month high of $58.78. The stock’s fifty day simple moving average is $30.16 and its two-hundred day simple moving average is $30.73. The stock has a market capitalization of $22.00 billion, a PE ratio of 11.43, a price-to-earnings-growth ratio of 1.12 and a beta of 1.95. The company has a current ratio of 3.87, a quick ratio of 2.07 and a debt-to-equity ratio of 0.65.

Super Micro Computer (NASDAQ:SMCI) last issued its quarterly earnings data on Tuesday, August 11th. The company reported $1.70 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.78. The company had revenue of $11.12 billion during the quarter, compared to the consensus estimate of $11.60 billion. Super Micro Computer had a net margin of 5.71% and a return on equity of 27.83%. Super Micro Computer’s revenue for the quarter was up 93.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.31 earnings per share. Super Micro Computer has set its Q1 2027 guidance at 1.010-1.100 EPS.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in SMCI. Elyxium Wealth LLC purchased a new stake in Super Micro Computer in the fourth quarter valued at about $26,000. Arax Advisory Partners purchased a new stake in shares of Super Micro Computer during the fourth quarter worth about $28,000. SHP Wealth Management purchased a new stake in shares of Super Micro Computer during the fourth quarter worth about $29,000. Concord Wealth Partners increased its holdings in shares of Super Micro Computer by 2,564.1% during the fourth quarter. Concord Wealth Partners now owns 1,039 shares of the company’s stock valued at $30,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Banque Cantonale Vaudoise acquired a new position in shares of Super Micro Computer during the first quarter valued at about $37,000. 84.06% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Super Micro Computer

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

• Positive Sentiment: Super Micro reported record quarterly revenue of approximately $11.1 billion, up 93% year over year, while EPS of $1.70 significantly exceeded the $0.92 consensus estimate. Management also cited more than $60 billion in new orders, supporting its fiscal 2027 growth outlook. Super Micro Computer Q4 2026 Earnings Call Transcript
• Positive Sentiment: Early availability of AI systems, liquid-cooling capabilities and full-stack data-center solutions could help SMCI benefit from continued AI infrastructure spending and compete with Hewlett Packard Enterprise and Dell Technologies. Can Leading AI Chip Collaborations Help SMCI Challenge HPE & DELL?
• Positive Sentiment: Analysts and investors continue to highlight near-doubling sales, strong AI and data-center demand, broader enterprise and CPU-focused products, and management’s shift toward complete data-center building blocks. Super Micro’s Q2 Earnings Call: Our Top 5 Analyst Questions
• Neutral Sentiment: A filing-related report said Soros Fund Management made a targeted investment in several lesser-known AI infrastructure companies, adding to broader institutional interest in the sector, although the direct impact on SMCI is unclear. 5 AI Infrastructure Stocks Soros Just Bought
• Negative Sentiment: Quarterly revenue of $11.1 billion fell short of the roughly $11.6 billion analyst forecast, tempering the otherwise strong earnings beat and contributing to the recent pullback. What’s Behind the Super Micro Computer Stock Pullback Tuesday?
• Negative Sentiment: Compared with nVent Electric, SMCI is viewed as having a less predictable earnings outlook and weaker backlog visibility, despite trading at a lower valuation. This reinforces concerns about execution and intense competition in data-center infrastructure. NVT vs. SMCI: Which Data Center Infrastructure Stock is a Better Buy?
• Negative Sentiment: Legal and governance headwinds remain an overhang, even as the company’s rapid growth and comparatively low valuation attract bullish investors. Super Micro: Explosive Growth And Severe Valuation Discount Outweigh Legal Headwinds

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.