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

07 May 2026, 20:58 by Teresa Graham · The Cerbat Gem

Super Micro Computer (NASDAQ:SMCI – Get Free Report) updated its fourth quarter 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.650-0.790 for the period, compared to the consensus 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.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Barclays decreased their price target on Super Micro Computer from $38.00 to $34.00 and set an “equal weight” rating for the company in a report on Wednesday. The Goldman Sachs Group reaffirmed a “sell” rating on shares of Super Micro Computer in a research note on Wednesday. Bank of America decreased their target price 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. Citigroup reissued a “neutral” rating and issued a $31.00 price target (up from $25.00) on shares of Super Micro Computer in a research note on Wednesday. Finally, Wedbush dropped their price target on shares of Super Micro Computer from $42.00 to $34.00 and set a “neutral” rating on the stock in a research note on Wednesday. Four investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $38.00.

View Our Latest Stock Report on Super Micro Computer

Super Micro Computer Price Performance

Super Micro Computer stock traded down $1.04 during trading on Thursday, reaching $33.62. The company had a trading volume of 61,189,102 shares, compared to its average volume of 36,027,664. The firm’s 50-day simple moving average is $27.70 and its 200 day simple moving average is $32.31. Super Micro Computer has a 1-year low of $19.48 and a 1-year high of $62.36. The firm has a market capitalization of $20.14 billion, a PE ratio of 17.79, a price-to-earnings-growth ratio of 0.65 and a beta of 1.69. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.01 and a current ratio of 2.66.

Super Micro Computer (NASDAQ:SMCI – Get Free Report) last released 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. Super Micro Computer had a net margin of 3.70% and a return on equity of 17.49%. The firm had revenue of $10.24 billion for the quarter, compared to analysts’ expectations of $12.39 billion. During the same quarter last year, the company earned $0.31 EPS. The firm’s revenue for the quarter was up 122.7% compared to the same quarter last year. Super Micro Computer has set its Q4 2026 guidance at 0.650-0.790 EPS. As a group, equities research analysts anticipate that Super Micro Computer will post 1.9 earnings per share 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 beat, margin rebound and upbeat Q4/FY guidance drove the initial rally — investors rewarded higher margins (gross margin recovery to ~10%) and management’s optimistic AI/data‑center revenue outlook. Super Micro Soars on Earnings Beat
Positive Sentiment: Wall Street activity: several firms raised ratings/price targets (e.g., Rosenblatt, Needham) and some upgrades followed the quarter, supporting upside expectations on AI server demand. Rosenblatt Price Target Raised
Neutral Sentiment: Product roadmap: Supermicro expanded Arm‑based server and OCP rack offerings — a strategic move for AI/cloud market share but not an immediate earnings driver. SMCI Expands Arm-Based Server and OCP Rack Offerings
Neutral Sentiment: Mixed analyst price‑target moves: some houses trimmed targets or maintained neutral ratings even as others raised them — this creates divergent signals and can boost intraday volatility. Northland Adjusts Price Target
Negative Sentiment: Widespread class‑action and securities‑fraud lawsuit notices and lead‑plaintiff deadlines (multiple firms reminding investors) increase legal overhang and downside risk. Robbins LLP Class Action Reminder
Negative Sentiment: Reputation and export‑control allegations remain a meaningful headwind — several reports note Wall Street skepticism despite the earnings beat, tempering investor appetite. Wall Street Still Can’t Stomach SMCI’s Reputation
Negative Sentiment: Social/influencer bear narratives and critical analyst pieces highlight downside scenarios — these amplify selling pressure even after strong headline results. Influencers Outline Bear Case

Institutional Trading of Super Micro Computer

Large investors have recently made changes to their positions in the company. Arax Advisory Partners purchased a new stake in shares of Super Micro Computer during the fourth quarter worth approximately $28,000. Peterson Wealth Services increased its position in shares of Super Micro Computer by 273.6% during the fourth quarter. Peterson Wealth Services now owns 1,274 shares of the company’s stock worth $37,000 after purchasing an additional 933 shares in the last quarter. Advisors Asset Management Inc. purchased a new stake in shares of Super Micro Computer during the first quarter worth approximately $39,000. iSAM Funds UK Ltd purchased a new stake in shares of Super Micro Computer during the third quarter worth approximately $63,000. Finally, MUFG Securities EMEA plc purchased a new stake in shares of Super Micro Computer during the second quarter worth approximately $74,000. 84.06% of the stock is currently owned by hedge funds and other institutional investors.

Super Micro Computer Company Profile

(Get Free Report)

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.