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SMCI

Super Micro Computer, Inc.

SMCI

NASDAQ·Technology·Computer Hardware·Mkt cap $17.9B

$26.70

-3.44%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$19.48 - $62.36

P/E

19.93

Fwd P/E

8.43

Beta

1.87

Div Yield

0.00%

Avg Vol

49.9M

Shares Out

599.0M

Mkt Cap

$17.9B

Price action

Price chart

Down 43.3% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Modular and flexible hardware architecture
  • Application-optimized server solutions
  • Comprehensive product integration services
  • Strong technical support and customer service

Bear Case

1 risk

  • Above-average volatility (beta 1.9).

Growth

Strong growth ahead

Expanding AI and machine learning market

Value

Undervalued - trading well below AI Servers & Racks peers

Momentum

Strong

+19.1% over 3m

Quality

Thin

Strong fundamentals

Dividend

None

No dividend

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: May 4, 2026

Q2 26 RECAP

MAY 5, 2026

Reported EPS of $0.84 vs $0.63 consensus (+33.3% surprise). Revenue of $10.2B vs $12.4B expected (-17.3%).

EPS beat +33.3%
Revenue miss

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+33.3%

Next: May 4, 2026

Revenue trend · last 8Q

+55%

+19%

+8%

-15%

+123%

Q3 24

Q4 24

Q1 24

Q2 24

Q3 25

Q4 25

Q1 25

Q2 25

$3.9B

$5.4B

$5.9B

$5.7B

$4.6B

$5.8B

$5.0B

$12.7B

Margins · last 8Q

Gross

6.3%

Operating

3.7%

Profit

3.2%

Wall Street consensus

2 analysts · 50% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

50%

Hold

1

50%

Sell

0%

Median Price Target

$40.00

+49.8% vs $26.70

Low $30.00
Median $40.00
High $45.00

Latest: GF · Jun 22, 2026

2 analysts covering

vs Industry

How SMCI stacks vs Computer Hardware

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.