Q3 Earnings Forecast for SMCI Issued By Northland Securities

Super Micro Computer, Inc. (NASDAQ:SMCI) – Equities researchers at Northland Securities lifted their Q3 2026 earnings per share estimates for shares of Super Micro Computer in a note issued to investors on Wednesday, February 4th. Northland Securities analyst N. Chokshi now expects that the company will post earnings per share of $0.53 for the quarter, up from their previous forecast of $0.45. The consensus estimate for Super Micro Computer’s current full-year earnings is $1.86 per share. Northland Securities also issued estimates for Super Micro Computer’s Q4 2026 earnings at $0.40 EPS, FY2026 earnings at $1.79 EPS, Q1 2027 earnings at $0.21 EPS, Q2 2027 earnings at $0.26 EPS, Q3 2027 earnings at $0.88 EPS, Q4 2027 earnings at $1.22 EPS and FY2027 earnings at $2.59 EPS.

SMCI has been the topic of a number of other research reports. Argus set a $64.00 price objective on shares of Super Micro Computer in a research report on Thursday, November 6th. Rosenblatt Securities restated a “buy” rating and set a $55.00 price target on shares of Super Micro Computer in a report on Monday, February 2nd. Wedbush dropped their price objective on Super Micro Computer from $48.00 to $42.00 and set a “neutral” rating for the company in a report on Wednesday, November 5th. The Goldman Sachs Group boosted their target price on Super Micro Computer from $26.00 to $27.00 and gave the company a “sell” rating in a research note on Wednesday, February 4th. Finally, Mizuho set a $33.00 target price on Super Micro Computer in a report on Wednesday. Eight analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $44.13.

Super Micro Computer Trading Up 11.4%

NASDAQ:SMCI opened at $34.38 on Monday. The firm has a market capitalization of $20.52 billion, a P/E ratio of 25.66, a P/E/G ratio of 0.67 and a beta of 1.53. The company has a quick ratio of 1.01, a current ratio of 1.70 and a debt-to-equity ratio of 0.67. The company has a fifty day moving average of $31.35 and a 200 day moving average of $41.01. Super Micro Computer has a 52 week low of $27.60 and a 52 week high of $66.44.

Super Micro Computer (NASDAQ:SMCI) last released its quarterly earnings data on Tuesday, February 3rd. The company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.20. Super Micro Computer had a return on equity of 13.22% and a net margin of 3.11%.The firm had revenue of $12.68 billion during the quarter, compared to analyst estimates of $10.34 billion. During the same quarter in the prior year, the firm posted $0.59 earnings per share. The business’s quarterly revenue was up 123.4% compared to the same quarter last year. Super Micro Computer has set its Q3 2026 guidance at 0.600- EPS.

Institutional Trading of Super Micro Computer

A number of hedge funds and other institutional investors have recently modified their holdings of SMCI. Advisors Asset Management Inc. bought a new stake in Super Micro Computer during the first quarter worth about $39,000. Maryland State Retirement & Pension System increased its position in Super Micro Computer by 7.8% during the 2nd quarter. Maryland State Retirement & Pension System now owns 24,955 shares of the company’s stock valued at $1,223,000 after buying an additional 1,796 shares in the last quarter. Vontobel Holding Ltd. increased its holdings in shares of Super Micro Computer by 50.2% during the second quarter. Vontobel Holding Ltd. now owns 46,309 shares of the company’s stock valued at $2,270,000 after acquiring an additional 15,478 shares in the last quarter. US Bancorp DE boosted its stake in Super Micro Computer by 24.6% in the 2nd quarter. US Bancorp DE now owns 48,969 shares of the company’s stock worth $2,400,000 after purchasing an additional 9,662 shares in the last quarter. Finally, Callan Family Office LLC purchased a new stake in Super Micro Computer during the 2nd quarter valued at about $698,000. 84.06% of the stock is owned by hedge funds and other institutional investors.

Key Super Micro Computer News

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

• Positive Sentiment: Blowout Q2 results and raised guidance — Revenue surged ~123% YoY to ~$12.7B and adjusted EPS beat expectations; management gave stronger-than-expected next-quarter and full-year revenue/earnings guidance, which is driving the rally. Super Micro Computer Tumbles on AI Boom Backlash
• Positive Sentiment: AI server demand and strategic product mix — Investors are buying the narrative that hyperscaler AI demand (NVIDIA/AMD chips) and traction in higher‑margin Data Center Building Block Solutions (DCBBS) can lift long‑term profitability if DCBBS grows as guided. MarketBeat SMCI Coverage
• Neutral Sentiment: Value/analyst debate — Bullish commentary and value score pieces highlight low P/E vs. growth, but views vary; some see it as a long‑term value/AI play while others urge caution. Why SMCI is a Top Value Stock
• Neutral Sentiment: Heavy intraday volume and momentum — The earnings beat triggered large, volatile flows (gaps and spikes), so short-term price moves may be driven as much by momentum trading as by fundamentals. Shares Gap Up After Earnings
• Negative Sentiment: Severe margin compression — Adjusted gross margin fell to ~6.4%, a multiyear low, driven by product mix, expedite costs and pricing pressure; margins are the key risk to sustainable profitability. Seeking Alpha Margin Analysis
• Negative Sentiment: Mixed analyst actions and some bearish takes — Several firms cut price targets (Goldman maintained a sell at $27; others trimmed targets), and some analysts/strategists warn the post‑earnings rally could be a trap. Goldman Sachs Price Target

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.