SMCI Stock Analysis: Super Micro Computer | NASDAQ
Computer Hardware | NASDAQ, USA | Market Cap: 17.608m USD | 12M Return: -42.2% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 2.16B
EPS Trend: 56.4%
Qual. Beats: 2
Rev. Trend: 91.0%
Qual. Beats: -1
Warnings
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Super Micro Computer, Inc. (SMCI) designs and manufactures high-performance server and storage solutions utilizing a modular, open-standard architecture. The company’s portfolio includes liquid and air-cooled AI servers, multi-node systems, and specialized hardware for 5G, IoT, and edge computing. Beyond hardware, the firm provides rack-level integration, remote management software, and technical support services to enterprise data centers and cloud providers.
The company operates within the Technology Hardware, Storage & Peripherals sub-industry, where business models increasingly shift toward integrated rack-scale solutions to meet the thermal and power demands of modern GPUs. This sector is characterized by high capital intensity and a reliance on rapid product cycles to align with evolving semiconductor roadmaps. Investors can find further data on these industry trends at ValueRay.
Headquartered in San Jose, California, SMCI distributes its products globally through a mix of direct sales, value-added resellers, and original equipment manufacturers. Its Building Block Solutions strategy allows for rapid customization of server configurations, servicing diverse markets from high-performance computing (HPC) to hyperscale cloud environments.
- Demand for liquid-cooled AI server racks drives high-margin infrastructure revenue growth
- Availability of high-end NVIDIA GPUs dictates quarterly hardware shipment volumes
- Internal accounting controls and regulatory filings impact investor confidence and valuation
- Rapid expansion of hyperscale data centers accelerates enterprise storage solution sales
- Competitive pricing pressure from traditional server OEMs threatens long-term gross margins
| Net Income: 1.25b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.29 > 0.02 and ΔFCF/TA -29.54 > 1.0 |
| NWC/Revenue: 39.90% < 20% (prev 37.49%; Δ 2.41% < -1%) |
| CFO/TA -0.29 > 3% & CFO -6.69b > Net Income 1.25b |
| Net Debt (5.50b) to EBITDA (1.76b): 3.12 < 3 |
| Current Ratio: 2.66 > 1.5 & < 3 |
| Outstanding Shares: last quarter (673.6m) vs 12m ago 8.33% < -2% |
| Gross Margin: 8.39% > 18% (prev 11.27%; Δ -2.88% > 0.5%) |
| Asset Turnover: 197.1% > 50% (prev 200.9%; Δ -3.73% > 0%) |
| Interest Coverage Ratio: 12.25 > 6 (EBIT TTM 1.68b / Interest Expense TTM 137.1m) |
| A: 0.57 (Total Current Assets 21.6b - Total Current Liabilities 8.12b) / Total Assets 23.5b |
| B: 0.19 (Retained Earnings 4.49b / Total Assets 23.5b) |
| C: 0.10 (EBIT TTM 1.68b / Avg Total Assets 17.1b) |
| D: 0.48 (Book Value of Equity 7.58b / Total Liabilities 15.9b) |
| Altman-Z'' = 5.55 = AAA |
| DSRI: 2.03 (Receivables 8.44b/2.66b, Revenue 33.7b/21.6b) |
| GMI: 1.34 (GM 11.27% / 8.39%) |
| AQI: 0.80 (AQ_t 0.05 / AQ_t-1 0.07) |
| SGI: 1.56 (Revenue 33.7b / 21.6b) |
| TATA: 0.34 (NI 1.25b - CFO -6.69b) / TA 23.5b) |
| Beneish M = -1.55 (Cap -4..+1) = CCC |
As of July 06, 2026, the stock is trading at USD 27.22 with a total of 42,867,500 shares traded. Over the past week, the price has changed by -14.08%, over one month by -34.63%, over three months by +23.45% and over the past year by -42.22%.
Current recommended Stop Loss: 23.80 (which is 12.6% or 1.1 ATR below the current price).
Super Micro Computer has received a consensus analysts rating of 3.33. Therefore, it is recommended to hold SMCI.
- StrongBuy: 3
- Buy: 3
- Hold: 10
- Sell: 1
- StrongSell: 1
| Analysts Target Price | 37.3 | 36.8% |
P/E Trailing = 14.3263
P/E Forward = 8.6957
P/S = 0.5225
P/B = 2.3611
P/EG = 0.9132
Revenue TTM = 33.7b USD
EBIT TTM = 1.68b USD
EBITDA TTM = 1.76b USD
Long Term Debt = 6.68b USD (from longTermDebt, last quarter)
Short Term Debt = 2.10b USD (from shortTermDebt, last quarter)
Debt = 6.79b USD (from shortLongTermDebtTotal, last quarter) + Leases 32.7m
Net Debt = 5.50b USD (calculated: Debt 6.79b - CCE 1.29b)
Enterprise Value = 23.1b USD (17.6b + Debt 6.79b - CCE 1.29b)
Interest Coverage Ratio = 12.25 (Ebit TTM 1.68b / Interest Expense TTM 137.1m)
EV/FCF = -3.37x (Enterprise Value 23.1b / FCF TTM -6.85b)
FCF Yield = -29.65% (FCF TTM -6.85b / Enterprise Value 23.1b)
FCF Margin = -20.33% (FCF TTM -6.85b / Revenue TTM 33.7b)
Net Margin = 3.70% (Net Income TTM 1.25b / Revenue TTM 33.7b)
Gross Margin = 8.39% ((Revenue TTM 33.7b - Cost of Revenue TTM 30.9b) / Revenue TTM)
Gross Margin QoQ = 9.95% (prev 6.30%)
Tobins Q-Ratio = 0.99 (Enterprise Value 23.1b / Total Assets 23.5b)
Interest Expense / Debt = 2.02% (Interest Expense 137.1m / Debt 6.79b)
Taxrate = 18.63% (285.5m / 1.53b)
NOPAT = 1.37b (EBIT 1.68b * (1 - 18.63%))
Current Ratio = 2.66 (Total Current Assets 21.6b / Total Current Liabilities 8.12b)
Debt / Equity = 0.90 (Debt 6.79b / totalStockholderEquity, last quarter 7.58b)
Debt / EBITDA = 3.12 (Net Debt 5.50b / EBITDA 1.76b)
Debt / FCF = -0.80 (negative FCF - burning cash) (Net Debt 5.50b / FCF TTM -6.85b)
Total Stockholder Equity = 6.85b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.30% (Net Income 1.25b / Total Assets 23.5b)
RoE = 18.22% (Net Income TTM 1.25b / Total Stockholder Equity 6.85b)
RoCE = 12.42% (EBIT 1.68b / Capital Employed (Equity 6.85b + L.T.Debt 6.68b))
RoIC = 8.47% (NOPAT 1.37b / Invested Capital 16.1b)
WACC = 13.93% (E(17.6b)/V(24.4b) * Re(18.66%) + D(6.79b)/V(24.4b) * Rd(2.02%) * (1-Tc(0.19)))
Discount Rate = 18.66% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 64.44 | Cagr: 6.81%
[DCF] Fair Price = unknown (Cash Flow -6.85b)
EPS Correlation: 56.42 | EPS CAGR: 19.29% | SUE: 1.98 | # QB: 2
Revenue Correlation: 91.02 | Revenue CAGR: 65.05% | SUE: -1.93 | # QB: -1
EPS current Quarter (2026-09-30): EPS=0.66 | Chg30d=-1.00% | Revisions=+59% | Analysts=16
EPS current Year (2026-06-30): EPS=2.60 | Chg30d=+0.04% | Revisions=+83% | GrowthEPS=+26.0% | GrowthRev=+80.6%
EPS next Year (2027-06-30): EPS=3.17 | Chg30d=-1.50% | Revisions=+72% | GrowthEPS=+22.1% | GrowthRev=+30.3%
[Analyst] Revisions Ratio: +81% (up=41, down=3)