Super Micro Computer (NASDAQ:SMCI) Issues 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.

Wall Street Analyst Weigh In

A number of research firms recently commented on SMCI. Raymond James Financial decreased their target price on shares of Super Micro Computer from $53.00 to $50.00 and set an “outperform” rating for the company in a research report on Wednesday, November 5th. Zacks Research raised Super Micro Computer from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. The Goldman Sachs Group set a $26.00 price objective on Super Micro Computer and gave the company a “sell” rating in a report on Tuesday, January 13th. Sanford C. Bernstein lowered their price objective on Super Micro Computer from $46.00 to $42.00 and set a “market perform” rating for the company in a research report on Wednesday, November 5th. Finally, Mizuho set a $31.00 target price on Super Micro Computer and gave the company a “neutral” rating in a research report on Friday, January 9th. Eight research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $46.19.

Super Micro Computer Stock Performance

Shares of NASDAQ:SMCI traded down $0.04 on Tuesday, hitting $29.67. 40,159,999 shares of the company were exchanged, compared to its average volume of 32,263,748. The firm has a market capitalization of $17.71 billion, a P/E ratio of 23.74, a price-to-earnings-growth ratio of 0.60 and a beta of 1.54. The company has a current ratio of 5.39, a quick ratio of 2.95 and a debt-to-equity ratio of 0.72. Super Micro Computer has a 1-year low of $27.35 and a 1-year high of $66.44. The stock’s 50 day moving average price is $31.42 and its 200 day moving average price is $41.54.

Super Micro Computer (NASDAQ:SMCI) last released its earnings results on Tuesday, November 4th. The company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.11). The firm had revenue of $5.02 billion during the quarter, compared to analyst estimates of $6.48 billion. Super Micro Computer had a net margin of 3.77% and a return on equity of 12.70%. Super Micro Computer’s revenue was down 15.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.73 earnings per share. Sell-side analysts predict that Super Micro Computer will post 1.86 EPS for the current year.

Key Stories Impacting Super Micro Computer

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

• Positive Sentiment: Blowout Q2 results — Revenue surged to $12.68B (more than double year-ago) and GAAP net income was about $401M; EPS of $0.69 easily beat consensus, showing strong demand for AI-optimized servers. Super Micro Computer Posts Higher Second-Quarter Profit on Two-Fold Sales Boost
• Positive Sentiment: Management raised its annual revenue forecast, citing continued robust demand for AI servers and data‑center expansion — a bullish signal for forward growth expectations. Super Micro Computer raises annual revenue forecast amid strong demand for its servers
• Positive Sentiment: Shares rallied in extended trading on the earnings beat and guidance lift, reflecting investor enthusiasm for SMCI’s AI-server momentum. Super Micro Stock Climbs After Q2 Earnings: Here’s Why
• Positive Sentiment: Analyst support: some brokers reaffirmed buy ratings and raised targets after the print (e.g., Rosenblatt’s $55 target), which could sustain upside if execution continues. Benzinga coverage of analyst actions
• Neutral Sentiment: Company published its official press release, slide deck and conference materials for the quarter — useful for drilling into product mix, customer wins and the AI portfolio. View Press Release / Slide Deck
• Neutral Sentiment: Pre-earnings analyst previews flagged both upside from AI-GPU traction and downside sensitivity to margins and supply-chain dynamics — the print resolved some uncertainty but left margin questions. Super Micro Computer earnings preview
• Negative Sentiment: Gross-margin compression: gross margin declined versus prior periods (company reported lower margins vs. year-ago), which could pressure profitability if mix or pricing weakens. Supermicro Announces Second Quarter Fiscal Year 2026 Financial Results
• Negative Sentiment: Reputational and execution scrutiny remains — some commentary ahead of results framed credibility and inventory/cash‑flow strains as risks; investors will watch guidance detail and quarterly cadence for signs of normalization. Super Micro earnings preview: credibility on trial

Institutional Investors Weigh In On Super Micro Computer

Institutional investors and hedge funds have recently modified their holdings of the company. Advisors Asset Management Inc. acquired a new position in Super Micro Computer in the 1st quarter worth approximately $39,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Super Micro Computer by 42.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,479 shares of the company’s stock valued at $171,000 after acquiring an additional 1,036 shares during the last quarter. Baird Financial Group Inc. boosted its holdings in shares of Super Micro Computer by 54.9% in the 2nd quarter. Baird Financial Group Inc. now owns 18,955 shares of the company’s stock valued at $929,000 after acquiring an additional 6,718 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in shares of Super Micro Computer in the second quarter worth $277,000. Finally, Daiwa Securities Group Inc. raised its holdings in shares of Super Micro Computer by 3.4% during the second quarter. Daiwa Securities Group Inc. now owns 85,647 shares of the company’s stock worth $4,198,000 after purchasing an additional 2,799 shares during the last quarter. Institutional investors and hedge funds own 84.06% of the company’s stock.

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.