What is Northland Securities' Estimate for SMCI Q4 Earnings?

Key Points

• Northland Securities raised its Q4 2028 EPS estimate for Super Micro Computer to $1.64 from $1.56. The article cites a $4.31-per-share consensus estimate for the current full year.
• In its latest reported quarter, Super Micro earned $1.81 per share, beating the $1.28 consensus, while revenue of $19.95 billion exceeded expectations of $16.29 billion.
• Analysts overall rate the stock “Hold,” with a consensus price target of $43.08; four analysts rate it Buy, 12 Hold, and two Sell.

Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) - Analysts at Northland Securities raised their Q4 2028 earnings estimates for Super Micro Computer in a report released on Wednesday, November 4th. Northland Securities analyst N. Chokshi now anticipates that the company will earn $1.64 per share for the quarter, up from their prior forecast of $1.56. The consensus estimate for Super Micro Computer's current full-year earnings is $4.31 per share.

SMCI has been the subject of a number of other research reports. Citigroup reiterated a "neutral" rating and set a $45.00 price objective (up from $39.00) on shares of Super Micro Computer in a research note on Thursday, October 8th. Barclays set a $39.00 target price on Super Micro Computer and gave the stock an "equal weight" rating in a research note on Wednesday, August 12th. Bank of America upped their target price on Super Micro Computer from $38.00 to $39.00 and gave the stock an "underperform" rating in a research note on Wednesday, November 4th. Zacks Research lowered Super Micro Computer from a "strong-buy" rating to a "hold" rating in a report on Monday, October 12th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Super Micro Computer in a research report on Monday, September 21st. Four analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Super Micro Computer presently has an average rating of "Hold" and a consensus price target of $43.08.

Super Micro Computer Price Performance

NASDAQ:SMCI opened at $28.60 on Tuesday. The firm's fifty day moving average is $37.27 and its two-hundred day moving average is $32.64. The firm has a market cap of $18.79 billion, a price-to-earnings ratio of 6.10, a PEG ratio of 0.46 and a beta of 2.17. The company has a debt-to-equity ratio of 0.56, a quick ratio of 2.07 and a current ratio of 3.02. Super Micro Computer has a one year low of $19.48 and a one year high of $51.40.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last issued its earnings results on Tuesday, November 3rd. The company reported $1.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.53. The firm had revenue of $19.95 billion during the quarter, compared to analysts' expectations of $16.29 billion. Super Micro Computer had a net margin of 6.77% and a return on equity of 38.97%. The firm's revenue was up 297.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.35 earnings per share.

Institutional Investors Weigh In On Super Micro Computer

A number of institutional investors have recently modified their holdings of the business. Quest 10 Wealth Builders Inc. boosted its position in Super Micro Computer by 235.2% during the third quarter. Quest 10 Wealth Builders Inc. now owns 600 shares of the company's stock worth $25,000 after purchasing an additional 421 shares in the last quarter. Heritage Family Offices LLP acquired a new stake in Super Micro Computer in the third quarter valued at approximately $43,000. Bradley & Co. Private Wealth Management LLC purchased a new stake in shares of Super Micro Computer in the third quarter valued at approximately $49,000. Root Financial Partners LLC purchased a new stake in shares of Super Micro Computer in the third quarter valued at approximately $55,000. Finally, TOP Private Wealth LLC. purchased a new stake in shares of Super Micro Computer in the second quarter valued at approximately $42,000. 84.06% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Super Micro Computer news, Director Chiu-Chu Liang sold 100,000 shares of Super Micro Computer stock in a transaction on Wednesday, October 7th. The shares were sold at an average price of $45.02, for a total value of $4,502,000.00. Following the completion of the transaction, the director owned 337,506 shares of the company's stock, valued at approximately $15,194,520.12. The trade was a 22.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Liang sold 100,000 shares of Super Micro Computer stock in a transaction on Wednesday, October 7th. The shares were sold at an average price of $45.02, for a total transaction of $4,502,000.00. Following the completion of the transaction, the chief executive officer directly owned 337,506 shares of the company's stock, valued at $15,194,520.12. The trade was a 22.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 400,000 shares of company stock worth $16,442,000 over the last three months. 16.10% of the stock is currently owned by insiders.

Key Stories Impacting Super Micro Computer

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

• Positive Sentiment: Super Micro raised its fiscal 2027 revenue outlook to $72 billion–$82 billion from $65 billion–$72 billion. CEO commentary that even the higher range is “very, very conservative” reinforces confidence in demand for the company’s AI servers. Article: Super Micro CEO Calls a $72 Billion to $82 Billion Outlook “Very, Very Conservative”
• Positive Sentiment: Northland Securities raised its Q4 2028 EPS estimate to $1.64 from $1.56, signaling improved expectations for future earnings.
• Positive Sentiment: Zacks added SMCI to its Rank #1 (Strong Buy) list and its Strong Buy value-stocks list, which may support investor sentiment. Article: New Strong Buy Stocks for November 10th Article: Best Value Stocks to Buy for November 10th
• Negative Sentiment: Broader concerns about tighter rules for AI data centers have weighed on technology stocks. If restrictions affect data-center expansion, they could temper demand expectations for AI-server suppliers such as Super Micro. Article: Lumentum Holdings And 2 AI Infrastructure Stocks To Own

Super Micro Computer Company Profile

Super Micro Computer, Inc designs and sells server and storage systems, networking equipment, and related software and services. Its offerings include systems for data centers, cloud computing, enterprise applications, high-performance computing, artificial intelligence, and edge computing.

The company emphasizes application-optimized solutions, including integrated rack-scale systems that combine computing, storage, networking, and management tools. It also provides system configuration, deployment, and support services.

Founded in 1993 and headquartered in San Jose, California, Super Micro serves customers around the world.

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