Super Micro Computer (NASDAQ:SMCI) Updates Q1 2026 Earnings Guidance

Key Points

• Super Micro Computer has issued Q1 2026 earnings guidance with expected earnings per share between 0.400 and 0.520, which is below the consensus estimate of 0.602.
• The company projected revenue of $6.0 billion to $7.0 billion, slightly lower than the consensus revenue estimate of $6.6 billion.
• Super Micro Computer’s stock is currently trading down approximately 1.7%, with recent insider sales totaling 1,067,000 shares valued at around $53.9 million.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) updated its first quarter 2026 earnings guidance on Tuesday. The company provided EPS guidance of 0.400-0.520 for the period, compared to the consensus EPS estimate of 0.602. The company issued revenue guidance of $6.0 billion-$7.0 billion, compared to the consensus revenue estimate of $6.6 billion. Super Micro Computer also updated its FY 2026 guidance to EPS.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Needham & Company LLC raised their price objective on Super Micro Computer from $39.00 to $60.00 and gave the company a "buy" rating in a research report on Wednesday. Mizuho lifted their target price on Super Micro Computer from $40.00 to $47.00 and gave the stock a "neutral" rating in a report on Thursday, July 3rd. Barclays reaffirmed an "equal weight" rating and issued a $34.00 target price on shares of Super Micro Computer in a research report on Tuesday, May 6th. Bank of America initiated coverage on shares of Super Micro Computer in a research report on Wednesday, July 9th. They set an "underperform" rating and a $35.00 target price for the company. Finally, KGI Securities assumed coverage on Super Micro Computer in a report on Wednesday, May 7th. They issued a "neutral" rating on the stock. Three analysts have rated the stock with a sell rating, eight have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $44.04.

Super Micro Computer Price Performance

SMCI stock traded down $12.00 on Wednesday, reaching $45.26. 73,758,594 shares of the company's stock were exchanged, compared to its average volume of 57,050,645. Super Micro Computer has a twelve month low of $17.25 and a twelve month high of $66.44. The company has a quick ratio of 3.95, a current ratio of 6.66 and a debt-to-equity ratio of 0.38. The stock has a fifty day moving average of $48.30 and a 200-day moving average of $41.28. The firm has a market cap of $27.01 billion, a PE ratio of 23.77, a P/E/G ratio of 2.83 and a beta of 1.46.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.03). The business had revenue of $5.76 billion during the quarter, compared to analyst estimates of $5.88 billion. Super Micro Computer had a net margin of 5.61% and a return on equity of 20.41%. The company's revenue was up 8.5% on a year-over-year basis. During the same quarter last year, the firm posted $6.25 earnings per share. As a group, equities analysts predict that Super Micro Computer will post 1.86 EPS for the current fiscal year.

Insider Activity

In related news, CFO David E. Weigand sold 67,000 shares of the business's stock in a transaction dated Tuesday, May 20th. The stock was sold at an average price of $44.02, for a total value of $2,949,340.00. Following the transaction, the chief financial officer owned 88,599 shares in the company, valued at approximately $3,900,127.98. The trade was a 43.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Charles Liang sold 200,000 shares of the stock in a transaction on Monday, July 28th. The shares were sold at an average price of $60.00, for a total transaction of $12,000,000.00. Following the transaction, the chief executive officer owned 40,426,120 shares in the company, valued at $2,425,567,200. This trade represents a 0.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,067,000 shares of company stock worth $53,949,340 over the last 90 days. Company insiders own 17.60% of the company's stock.

Institutional Trading of Super Micro Computer

A hedge fund recently bought a new stake in Super Micro Computer stock. Advisors Asset Management Inc. acquired a new stake in Super Micro Computer, Inc. (NASDAQ:SMCI - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,141 shares of the company's stock, valued at approximately $39,000. Hedge funds and other institutional investors own 84.06% of the company's stock.

About Super Micro Computer

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.