SMCI Stock Analysis: Super Micro Computer | NASDAQ
Computer Hardware | NASDAQ, USA | Market Cap: 17.791m USD | 12M Return: -28.8% | US86800U3023 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 1.29B
EPS Trend: 59.7%
Qual. Beats: 4
Rev. Trend: 96.6%
Qual. Beats: 1
Warnings
Tailwinds
Seasonality 11.7 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 (NASDAQ: SMCI) develops and sells modular, open-standard server and storage systems, including AI servers, blade and multi-node systems, rackmount servers, workstations, and networking products. Its portfolio also includes server-management software and components such as server boards, chassis, and power supplies.
The company serves enterprise data centers, cloud computing, AI, 5G, and edge-computing markets through direct and channel sales. It also provides system integration, rack deployment, technical support, and maintenance services-services that complement hardware sales in the technology hardware and storage sector. Founded in 1993, Super Micro is headquartered in San Jose, California.
- AI server demand drives revenue, while GPU supply constrains shipments
- Price competition and costly components pressure gross margins
- Rapid growth strains working capital and cash conversion
| Net Income: 3.66b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.18 > 0.02 and ΔFCF/TA -19.70 > 1.0 |
| NWC/Revenue: 41.42% < 20% (prev 48.99%; Δ -7.57% < -1%) |
| CFO/TA -0.18 > 3% & CFO -6.33b > Net Income 3.66b |
| Net Debt (1.79b) to EBITDA (4.91b): 0.36 < 3 |
| Current Ratio: 3.02 > 1.5 & < 3 |
| Outstanding Shares: last quarter (749.4m) vs 12m ago 12.98% < -2% |
| Gross Margin: 11.67% > 18% (prev 10.08%; Δ 1.59% > 0.5%) |
| Asset Turnover: 215.5% > 50% (prev 146.3%; Δ 69.14% > 0%) |
| Interest Coverage Ratio: 19.29 > 6 (EBIT TTM 4.86b / Interest Expense TTM 252.2m) |
| A: 0.63 (Total Current Assets 33.4b - Total Current Liabilities 11.1b) / Total Assets 35.7b |
| B: 0.20 (Retained Earnings 7.17b / Total Assets 35.7b) |
| C: 0.19 (EBIT TTM 4.86b / Avg Total Assets 25.1b) |
| D: 0.82 (Book Value of Equity 16.1b / Total Liabilities 19.7b) |
| Altman-Z'' = 6.92 = AAA |
| DSRI: 1.50 (Receivables 9.69b/2.53b, Revenue 54.0b/21.1b) |
| GMI: 0.86 (GM 10.08% / 11.67%) |
| AQI: 0.80 (AQ_t 0.05 / AQ_t-1 0.06) |
| SGI: 2.56 (Revenue 54.0b / 21.1b) |
| TATA: 0.28 (NI 3.66b - CFO -6.33b) / TA 35.7b) |
| Beneish M = -1.71 (Cap -4..+1) = CCC |
As of November 10, 2026, the stock is trading at USD 28.60 with a total of 41,393,777 shares traded. Over the past week, the price has changed by -6.04%, over one month by -31.68%, over three months by -9.09% and over the past year by -28.84%.
Current recommended Stop Loss: 23.30 (which is 18.5% or 2.1 ATR below the current price).
Super Micro Computer has received a consensus analysts rating of 3.06. Therefore, it is recommended to hold SMCI.
- StrongBuy: 2
- Buy: 2
- Hold: 11
- Sell: 1
- StrongSell: 2
| Analysts Target Price | 43.3 | 51.3% |
P/E Trailing = 5.7131
P/E Forward = 7.2569
P/S = 0.3295
P/B = 1.8966
P/EG = 0.9132
Revenue TTM = 54.0b USD
EBIT TTM = 4.86b USD
EBITDA TTM = 4.91b USD
Long Term Debt = 6.68b USD (from longTermDebt, last fiscal year)
Short Term Debt = 1.96b USD (from shortTermDebt, last quarter)
Debt = 8.69b USD (from shortLongTermDebtTotal, last quarter) + Leases 40.6m
Net Debt = 1.79b USD (calculated: Debt 8.69b - CCE 6.90b)
Enterprise Value = 19.6b USD (17.8b + Debt 8.69b - CCE 6.90b)
Interest Coverage Ratio = 19.29 (Ebit TTM 4.86b / Interest Expense TTM 252.2m)
EV/FCF = -3.01x (Enterprise Value 19.6b / FCF TTM -6.50b)
FCF Yield = -33.19% (FCF TTM -6.50b / Enterprise Value 19.6b)
FCF Margin = -12.03% (FCF TTM -6.50b / Revenue TTM 54.0b)
Net Margin = 6.77% (Net Income TTM 3.66b / Revenue TTM 54.0b)
Gross Margin = 11.67% ((Revenue TTM 54.0b - Cost of Revenue TTM 47.7b) / Revenue TTM)
Gross Margin QoQ = 12.74% (prev 17.47%)
Tobins Q-Ratio = 0.55 (Enterprise Value 19.6b / Total Assets 35.7b)
Interest Expense / Debt = 2.90% (Interest Expense 252.2m / Debt 8.69b)
Taxrate = 20.64% (951.7m / 4.61b)
NOPAT = 3.86b (EBIT 4.86b * (1 - 20.64%))
Current Ratio = 3.02 (Total Current Assets 33.4b / Total Current Liabilities 11.1b)
Debt / Equity = 0.54 (Debt 8.69b / totalStockholderEquity, last quarter 16.1b)
Debt / EBITDA = 0.36 (Net Debt 1.79b / EBITDA 4.91b)
Debt / FCF = -0.28 (negative FCF - burning cash) (Net Debt 1.79b / FCF TTM -6.50b)
Total Stockholder Equity = 11.3b (last 4 quarters mean from totalStockholderEquity)
RoA = 14.59% (Net Income 3.66b / Total Assets 35.7b)
RoE = 32.42% (Net Income TTM 3.66b / Total Stockholder Equity 11.3b)
RoCE = 27.08% (EBIT 4.86b / Capital Employed (Equity 11.3b + L.T.Debt 6.68b))
RoIC = 16.12% (NOPAT 3.86b / Invested Capital 23.9b)
WACC = 12.74% (E(17.8b)/V(26.5b) * Re(17.84%) + D(8.69b)/V(26.5b) * Rd(2.90%) * (1-Tc(0.21)))
Discount Rate = 17.84% (= CAPM, Blume Beta Adj.) -> capped to 12.54%
Shares (quarterly) Correlation: 85.73 | Cagr: 7.11%
[DCF] Fair Price = unknown (Cash Flow -6.50b)
EPS Correlation: 59.72 | EPS CAGR: 24.76% | SUE: 1.79 | # QB: 4
Revenue Correlation: 96.58 | Revenue CAGR: 69.87% | SUE: 2.94 | # QB: 1
EPS current Quarter (2026-12-31): EPS=1.22 | Chg30d=+18.83% | Revisions=+57% | Analysts=16
EPS next Quarter (2027-03-31): EPS=1.18 | Chg30d=+11.23% | Revisions=+57% | Analysts=16
EPS current Year (2027-06-30): EPS=4.93 | Chg30d=+14.46% | Revisions=+57% | GrowthEPS=+35.9% | GrowthRev=+81.4%
EPS next Year (2028-06-30): EPS=5.82 | Chg30d=+9.31% | Revisions=+57% | GrowthEPS=+18.0% | GrowthRev=+15.9%
[Analyst] Revisions Ratio: +84% (up=16, down=0)