Northland Capmk Has Bearish Forecast for SMCI Q2 Earnings

Super Micro Computer, Inc. (NASDAQ:SMCI) – Analysts at Northland Capmk dropped their Q2 2026 EPS estimates for shares of Super Micro Computer in a report released on Wednesday, November 5th. Northland Capmk analyst N. Chokshi now expects that the company will post earnings per share of $0.35 for the quarter, down from their prior estimate of $0.66. The consensus estimate for Super Micro Computer’s current full-year earnings is $1.86 per share. Northland Capmk also issued estimates for Super Micro Computer’s Q3 2026 earnings at $0.45 EPS, FY2026 earnings at $1.70 EPS and FY2027 earnings at $2.46 EPS.

Several other research firms have also recently weighed in on SMCI. The Goldman Sachs Group set a $34.00 target price on Super Micro Computer and gave the stock a “sell” rating in a research note on Wednesday, November 5th. Barclays cut their price objective on shares of Super Micro Computer from $45.00 to $43.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 5th. KGI Securities upgraded shares of Super Micro Computer from a “neutral” rating to an “outperform” rating and set a $60.00 target price for the company in a report on Wednesday, November 5th. Wedbush dropped their target price on shares of Super Micro Computer from $48.00 to $42.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 5th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Super Micro Computer from $43.00 to $40.00 and set a “neutral” rating for the company in a research report on Wednesday, November 5th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, Super Micro Computer presently has a consensus rating of “Hold” and a consensus price target of $48.38.

Super Micro Computer Trading Down 3.4%

NASDAQ:SMCI opened at $38.82 on Monday. Super Micro Computer has a 1 year low of $17.25 and a 1 year high of $66.44. The stock has a market cap of $23.07 billion, a P/E ratio of 23.39, a P/E/G ratio of 1.30 and a beta of 1.50. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.25 and a current ratio of 5.25. The stock has a 50-day simple moving average of $48.23 and a 200-day simple moving average of $46.09.

Super Micro Computer (NASDAQ:SMCI) last issued its earnings results on Tuesday, November 4th. The company reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.11). Super Micro Computer had a return on equity of 17.14% and a net margin of 4.77%.The firm had revenue of $5.02 billion for the quarter, compared to analyst estimates of $6.48 billion. During the same quarter in the previous year, the firm posted $0.73 EPS. The business’s revenue for the quarter was down 15.5% on a year-over-year basis. Super Micro Computer has set its Q2 2026 guidance at 0.460-0.540 EPS. FY 2026 guidance at EPS.

Insider Transactions at Super Micro Computer

In related news, SVP George Kao sold 40,000 shares of the firm’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $43.88, for a total transaction of $1,755,200.00. Following the transaction, the senior vice president owned 21,820 shares of the company’s stock, valued at $957,461.60. This trade represents a 64.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO David E. Weigand sold 25,000 shares of the business’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $45.14, for a total value of $1,128,500.00. Following the completion of the transaction, the chief financial officer owned 100,188 shares in the company, valued at $4,522,486.32. This trade represents a 19.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 90,000 shares of company stock valued at $3,890,950 over the last ninety days. Corporate insiders own 16.30% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. OneDigital Investment Advisors LLC acquired a new position in shares of Super Micro Computer in the first quarter valued at approximately $241,000. Stratos Wealth Partners LTD. grew its position in Super Micro Computer by 22.3% in the 1st quarter. Stratos Wealth Partners LTD. now owns 15,469 shares of the company’s stock valued at $530,000 after buying an additional 2,820 shares during the last quarter. M&T Bank Corp increased its stake in Super Micro Computer by 44.0% in the 1st quarter. M&T Bank Corp now owns 31,015 shares of the company’s stock valued at $1,062,000 after buying an additional 9,479 shares during the period. Greenleaf Trust purchased a new position in Super Micro Computer during the 1st quarter worth $210,000. Finally, Alps Advisors Inc. purchased a new position in Super Micro Computer during the 1st quarter worth $293,000. 84.06% of the stock is currently owned by hedge funds and other institutional investors.

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.