SMCI

Super Micro Computer, Inc.

$32.10

+1.49% 2026-10-19

Information TechnologyS&P 500

1M 3M 6M 1Y 2Y

SMCISPY

-19.7%

-17.9%

+34.7%

+11.4%

YTD

+9.7%

-38.5%

Grades vs sector

Momentum

22nd pct in sector

12-1 return: -21.0%
Percentile within its GICS sector across the S&P 1500.

Growth

96th pct in sector

A+

Revenue growth (YoY): +93.2%
Percentile within its GICS sector across the S&P 1500.

Value

93rd pct in sector

Forward E/P: 16.8% · EBITDA/EV: 10.6%
Percentile within its GICS sector across the S&P 1500.

Profitability

51st pct in sector

C+

Profit margin: +5.7% · Return on equity: +21.5%
Percentile within its GICS sector across the S&P 1500.

Revisions

no data

–

EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.

Our models

Held by 1 of 3 live models: Quality Growth.

Quality Growth

6.7% of the book · rank 11 of 360

Held Momentum Top 15

rank 455 of 499 · 12-1 momentum % -22.2

Momentum Blend

not in the current book

Why it's in Quality Growth #11 of 360

Qualified on ROIC 31%, revenue +78% (TTM), growth accelerating +54.0 pts, latest quarter 2026-06-30. Ranked 11th of 360 at the 2026-09-30 rebalance.

What would knock it out: Drops out if it falls outside the top 15 at the next rebalance (Oct 30). In the latest preview (2026-10-16) it ranks 11th.

Key stats

Market cap$21.1B

P/E (trailing)9.8

P/E (forward)6.0

52-week range19.48 – 56.60

Revenue growth (YoY, latest qtr)+93.2%

Dividend yield0.00%

Analyst consensusHold (15)

Mean price target$42.27 (+32%)

Valuation & fundamentals

Bottom line

No cash-flow valuation

Model read-out from the numbers below, not advice. Score +1 (DCF counts double).

▲Forward P/E vs sector6.0x vs median 16.9x

▼Piotroski F-score2/9

▲Altman Z3.5 (safe)

▲Net debt / EBITDA-2.6x

▲Analyst target+32% (15 analysts)

Discounted cash flow

Trailing free cash flow is negative or missing, so a cash-flow DCF isn't meaningful by default. You can enter your own assumptions below.

Reverse DCFfor context, not a signal

Trailing free cash flow is zero or negative, so there's no growth rate to solve for. The price is betting on a turnaround to positive cash flow.

Edit assumptions · recalculates instantly

Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (FY to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 2.01 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs Information Technology

P/E (trailing)

sector median 35.9× · 2nd pct

9.8×
cheaper

Forward P/E

sector median 16.9× · 3rd pct

6.0×
cheaper

EV / EBITDA

sector median 20.8× · 1st pct

4.9×
cheaper

Price / sales

sector median 4.6× · 5th pct

0.5×
cheaper

Price / book

sector median 5.1× · 5th pct

1.5×
cheaper

FCF yield

sector median 3.5% · 1st pct

-33.1%
pricier

Forward EPS $5.33 vs trailing $3.26 (+63% expected growth). Forward P/E uses analysts' next-12-month estimate.

Backlog (remaining performance obligations)

RPO

$2.6B

as of 2026-06-30

vs a year ago

+257%

YoY

× TTM revenue

0.07×

coverage

24-09

24-12

25-03

25-06

25-09

25-12

26-03

26-06

Contracted revenue not yet recognized, from SEC filings (XBRL tag RevenueRemainingPerformanceObligation).

Quality & financial health

Gross margin

10.8%

Operating margin

7.1%

FCF margin

-17.8%

Net margin

5.7%

Return on equity

15.4%

Return on invested capital

30.7%

Net debt / EBITDA

-2.6×

Current ratio

3.9×

Interest cover

14.2×

Cash conversion (OCF/NI)

-3.1×

Piotroski F-score 2/9 · last two fiscal years

✓ Positive net income✗ Positive operating cash flow✗ Return on assets improved✗ Cash flow above net income✓ Long-term debt / assets fell✗ Current ratio improved✗ No share dilution✗ Gross margin improved✗ Asset turnover improved

Altman Z-score 3.5 (safe zone; above 3.0 = safe, below 1.8 = distress). Not meaningful for banks and insurers.

Analysts

Mean target

$42

+32%

Analysts

Hold

Range

$15–$60

low – high

● price · ◆ mean target

Annual history

FY	Revenue	Net income	Free cash flow
2026	$39.1B	$2.2B	$-7.0B
2025	$22.0B	$1.0B	$1.5B
2024	$15.0B	$1.2B	$-2.6B
2023	$7.1B	$640.0M	$626.8M
2022	$5.2B	$285.2M	$-486.0M
2021	$3.6B	$111.9M	$64.9M

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR +76.3%.

Earnings

Next report: 2026-11-03 · during market · EPS est 1.04

EstimateActual (beat)Actual (miss)

Report	EPS est	Actual	Surprise
2026-08-11	0.96	1.70	+77.5%
2026-05-05	0.62	0.84	+34.5%
2026-02-03	0.49	0.69	+41.4%
2025-11-04	0.39	0.35	-10.1%
2025-08-05	0.44	0.41	-6.6%
2025-05-06	0.30	0.31	+3.8%
2025-02-25	0.75	0.74	-1.9%
2025-02-25	0.59	0.60	+1.9%

Quarterly revenue

Quarter	Revenue	YoY
2026-06-30	$11.1B	+93.2%
2026-03-31	$10.2B	–
2025-12-31	$12.7B	–
2025-09-30	$5.0B	–
2025-06-30	$5.8B	–

Analyst actions

Citigroup

2026-10-08 · main

Neutral → Neutral
PT $45

Mizuho

2026-10-06 · main

Neutral → Neutral
PT $43

Citigroup

2026-08-12 · main

Neutral → Neutral
PT $39

Goldman Sachs

2026-08-12 · main

Sell → Sell
PT $34

Mizuho

2026-08-12 · main

Neutral → Neutral
PT $35

Wedbush

2026-08-12 · main

Neutral → Neutral
PT $40

Insider trades

Liu Liang Chiu-Chu Sara

Director, 10% owner · 2026-10-07

SELL
$4.5M

Liang Charles

Director, President and CEO, 10% owner · 2026-10-07

SELL
$4.5M

Liang Charles

Director, President and CEO, 10% owner · 2026-09-04

SELL
$4.0M

Liu Liang Chiu-Chu Sara

Director, 10% owner · 2026-09-04

SELL
$4.0M

Liang Charles

Director, President and CEO, 10% owner · 2026-09-03

SELL
$1.6M

Liang Charles

Director, President and CEO, 10% owner · 2026-09-03

SELL
$2.2M

Liu Liang Chiu-Chu Sara

Director, 10% owner · 2026-09-03

SELL
$1.6M

Liu Liang Chiu-Chu Sara

Director, 10% owner · 2026-09-03

SELL
$2.2M

None

None · None

SELL
–

None

None · None

SELL
–

None

None · None

SELL
–

None

None · None

SELL
–

News

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Barrons.com · 8h ago

Cisco Systems Heads 3 AI Infrastructure Stocks To Watch

Simply Wall St. · Oct 16

Was The Run In Super Micro Stock Hiding In Plain Sight?

Trefis · Oct 16

Western Digital (WDC) Says CFO Mark Long Is Leaving

Simply Wall St. · Oct 16

Super Micro Named a New CFO After Burning Nearly $7 Billion in Free Cash Flow. Here’s Where the Stock Could Go by 2031

TIKR · Oct 16

Hewlett Packard Enterprise Falls 5% as AI Financing Worries Extend Hardware Selloff; Super Micro Sinks 7%, Dell Drops 3%

24/7 Wall St. · Oct 16

Super Micro Stock Has 45% Upside, Says Rosenblatt -- Here's the Bullish Case

GuruFocus.com · Oct 16

Stats refreshed 2026-10-19 17:47:13 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

coteau

Hypothetical research for education, not investment advice. Data: Yahoo Finance (via yfinance, delayed), SEC EDGAR.

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