Super Micro Computer (NASDAQ:SMCI) Releases Q2 2026 Earnings Guidance

Super Micro Computer (NASDAQ:SMCI) updated its second quarter 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.460-0.540 for the period, compared to the consensus estimate of 0.580. The company issued revenue guidance of $10.0 billion-$11.0 billion, compared to the consensus revenue estimate of $8.0 billion. Super Micro Computer also updated its FY 2026 guidance to EPS.

Super Micro Computer Price Performance

SMCI traded down $4.28 during trading on Wednesday, hitting $43.12. 37,724,706 shares of the stock traded hands, compared to its average volume of 48,812,145. Super Micro Computer has a twelve month low of $17.25 and a twelve month high of $66.44. The company has a market cap of $25.63 billion, a price-to-earnings ratio of 26.03, a PEG ratio of 1.30 and a beta of 1.55. The company has a debt-to-equity ratio of 0.74, a current ratio of 5.25 and a quick ratio of 3.25. The business has a 50 day moving average price of $48.45 and a 200 day moving average price of $45.84.

Super Micro Computer (NASDAQ:SMCI) last announced its quarterly earnings results on Tuesday, November 4th. The company reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.11). Super Micro Computer had a net margin of 4.77% and a return on equity of 17.14%. The firm had revenue of $5.02 billion during the quarter, compared to the consensus estimate of $6.48 billion. During the same quarter in the previous year, the company posted $0.73 earnings per share. The firm’s revenue was down 15.5% on a year-over-year basis. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. FY 2026 guidance at EPS. Equities research analysts forecast that Super Micro Computer will post 1.86 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently commented on SMCI. Barclays reduced their target price on Super Micro Computer from $45.00 to $43.00 and set an “equal weight” rating for the company in a research note on Wednesday. KGI Securities upgraded Super Micro Computer from a “neutral” rating to an “outperform” rating and set a $60.00 target price for the company in a research note on Wednesday. The Goldman Sachs Group set a $34.00 target price on Super Micro Computer and gave the company a “sell” rating in a research note on Wednesday. Wedbush reduced their target price on Super Micro Computer from $48.00 to $42.00 and set a “neutral” rating for the company in a research note on Wednesday. Finally, Citigroup restated a “neutral” rating and issued a $52.00 target price (up from $37.00) on shares of Super Micro Computer in a research note on Friday, July 11th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $47.73.

Insiders Place Their Bets

In other news, CFO David E. Weigand sold 25,000 shares of Super Micro Computer stock in a transaction on Monday, September 15th. The shares were sold at an average price of $45.14, for a total transaction of $1,128,500.00. Following the completion of the sale, the chief financial officer directly owned 100,188 shares of the company’s stock, valued at approximately $4,522,486.32. The trade was a 19.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP George Kao sold 40,000 shares of Super Micro Computer stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $43.88, for a total transaction of $1,755,200.00. Following the sale, the senior vice president directly owned 21,820 shares of the company’s stock, valued at $957,461.60. This represents a 64.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 90,000 shares of company stock valued at $3,890,950 over the last 90 days. Company insiders own 16.30% of the company’s stock.

Hedge Funds Weigh In On Super Micro Computer

Several hedge funds and other institutional investors have recently modified their holdings of SMCI. Advisors Asset Management Inc. purchased a new stake in shares of Super Micro Computer during the first quarter valued at approximately $39,000. MUFG Securities EMEA plc purchased a new stake in shares of Super Micro Computer during the second quarter valued at approximately $74,000. EverSource Wealth Advisors LLC grew its holdings in shares of Super Micro Computer by 42.4% during the second quarter. EverSource Wealth Advisors LLC now owns 3,479 shares of the company’s stock valued at $171,000 after buying an additional 1,036 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its holdings in shares of Super Micro Computer by 117.9% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 3,828 shares of the company’s stock valued at $188,000 after buying an additional 2,071 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its holdings in shares of Super Micro Computer by 175.7% during the second quarter. Smartleaf Asset Management LLC now owns 4,384 shares of the company’s stock valued at $209,000 after buying an additional 2,794 shares during the last quarter. 84.06% of the stock is owned by institutional investors.

Super Micro Computer Company Profile

Super Micro Computer, Inc, together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.