Super Micro Computer (NASDAQ:SMCI) Releases Q1 Earnings Guidance

Super Micro Computer (NASDAQ:SMCI) updated its first quarter earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $0.75-0.76 for the period, compared to the consensus estimate of $0.73. The company issued revenue guidance of $5.9-6.0 billion, compared to the consensus revenue estimate of $6.44 billion. Super Micro Computer also updated its Q1 2025 guidance to 0.750-0.760 EPS.

Analysts Set New Price Targets

Several research firms have recently issued reports on SMCI. The Goldman Sachs Group reduced their target price on Super Micro Computer from $67.50 to $28.00 and set a “neutral” rating for the company in a report on Wednesday. Needham & Company LLC began coverage on Super Micro Computer in a report on Wednesday, September 18th. They issued a “buy” rating and a $60.00 target price for the company. Barclays reduced their target price on Super Micro Computer from $438.00 to $42.00 and set an “equal weight” rating for the company in a report on Wednesday, October 2nd. Wedbush reaffirmed a “neutral” rating and issued a $32.00 target price (down from $62.00) on shares of Super Micro Computer in a report on Monday. Finally, Wells Fargo & Company reduced their target price on Super Micro Computer from $65.00 to $37.50 and set an “equal weight” rating for the company in a report on Wednesday, August 28th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $66.89.

Super Micro Computer Stock Performance

Shares of Super Micro Computer stock traded up $2.78 during trading hours on Thursday, reaching $25.48. The company had a trading volume of 88,043,588 shares, compared to its average volume of 80,976,570. Super Micro Computer has a one year low of $20.20 and a one year high of $122.90. The business has a fifty day simple moving average of $42.72 and a 200 day simple moving average of $65.35. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.77 and a quick ratio of 1.93. The firm has a market cap of $14.25 billion, a PE ratio of 12.77 and a beta of 1.28.

Super Micro Computer (NASDAQ:SMCI) last posted its quarterly earnings results on Tuesday, August 6th. The company reported $0.62 EPS for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.14). Super Micro Computer had a return on equity of 30.57% and a net margin of 8.09%. The company had revenue of $5.31 billion during the quarter, compared to the consensus estimate of $5.32 billion. During the same period in the previous year, the business earned $0.34 earnings per share. Super Micro Computer’s revenue was up 142.9% on a year-over-year basis. On average, analysts anticipate that Super Micro Computer will post 2.85 earnings per share for the current fiscal year.

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.