SMCI Stock Analysis: Super Micro Computer | NASDAQ
Computer Hardware | NASDAQ, USA | Market Cap: 25.332m USD | 12M Return: -16.5% | US86800U3023 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 1.57B
EPS Trend: 57.8%
Qual. Beats: 3
Rev. Trend: 90.8%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.6 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 (SMCI) designs, develops, and sells server and storage solutions built on a modular, open-standard architecture, serving customers in the United States, Asia, Europe, and other international markets. The companys product portfolio spans liquid- and air-cooled AI servers with integrated GPUs for training and inferencing, a wide range of blade and multi-node systems (SuperBlade, MicroBlade, FlexTwin, GrandTwin, BigTwin), storage systems, rackmount platforms, embedded 5G/IoT/Edge systems, MicroCloud servers, workstations, networking devices, and modular components such as server boards, chassis, and power supplies.
Beyond hardware, SMCI offers the Supermicro Server Management software suite, which provides remote management, power, update, and orchestration capabilities, and delivers a broad set of services including rack-level design-to-deployment for AI and HPC data centers, verification testing, training, on-site support, help desk, and warranty/maintenance programs. The company sells to enterprise data centers, cloud computing, artificial intelligence, 5G, and edge computing end markets through a mix of direct sales, distributors, value-added resellers, system integrators, and OEMs.
SMCI is classified within the Information Technology sector (GICS sub-industry: Technology Hardware, Storage & Peripherals), the same sub-industry housing major peers such as Dell Technologies and Hewlett Packard Enterprise. Its emphasis on liquid-cooled GPU rack-scale solutions positions it as a direct beneficiary of growing AI infrastructure build-outs by hyperscalers and enterprises, where energy and density constraints are driving demand for advanced cooling. The company was incorporated in 1993, is headquartered in San Jose, California, and has been listed on NASDAQ since 2007.
- AI server demand surges on hyperscaler GPU cluster orders
- Liquid cooling design wins boost data center rack revenue
- Gross margin compression intensifies pricing competition with Dell and HPE
| Net Income: 2.23b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.23 > 0.02 and ΔFCF/TA -34.21 > 1.0 |
| NWC/Revenue: 52.65% < 20% (prev 45.32%; Δ 7.33% < -1%) |
| CFO/TA -0.23 > 3% & CFO -6.81b > Net Income 2.23b |
| Net Debt (-808.3m) to EBITDA (3.04b): -0.27 < 3 |
| Current Ratio: 3.87 > 1.5 & < 3 |
| Outstanding Shares: last quarter (697.3m) vs 12m ago 11.63% < -2% |
| Gross Margin: 10.82% > 18% (prev 11.06%; Δ -0.24% > 0.5%) |
| Asset Turnover: 177.7% > 50% (prev 156.7%; Δ 20.97% > 0%) |
| Interest Coverage Ratio: 15.34 > 6 (EBIT TTM 2.98b / Interest Expense TTM 194.6m) |
| A: 0.69 (Total Current Assets 27.7b - Total Current Liabilities 7.16b) / Total Assets 29.9b |
| B: 0.19 (Retained Earnings 5.65b / Total Assets 29.9b) |
| C: 0.14 (EBIT TTM 2.98b / Avg Total Assets 22.0b) |
| D: 0.94 (Book Value of Equity 14.5b / Total Liabilities 15.5b) |
| Altman-Z'' = 7.02 = AAA |
| DSRI: 1.55 (Receivables 6.13b/2.22b, Revenue 39.1b/22.0b) |
| GMI: 1.02 (GM 11.06% / 10.82%) |
| AQI: 0.81 (AQ_t 0.05 / AQ_t-1 0.07) |
| SGI: 1.78 (Revenue 39.1b / 22.0b) |
| TATA: 0.30 (NI 2.23b - CFO -6.81b) / TA 29.9b) |
| Beneish M = -2.07 (Cap -4..+1) = BB |
As of August 18, 2026, the stock is trading at USD 38.28 with a total of 54,817,441 shares traded. Over the past week, the price has changed by +21.68%, over one month by +58.31%, over three months by +24.08% and over the past year by -16.53%.
Current recommended Stop Loss: 31.00 (which is 19% or 2.8 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 | 41.8 | 9.1% |
P/E Trailing = 19.7778
P/E Forward = 9.6805
P/S = 0.6485
P/B = 2.6864
P/EG = 0.9132
Revenue TTM = 39.1b USD
EBIT TTM = 2.98b USD
EBITDA TTM = 3.04b USD
Long Term Debt = 6.68b USD (from longTermDebt, two quarters ago)
Short Term Debt = 2.04b USD (from shortTermDebt, last quarter)
Debt = 6.71b USD (from shortLongTermDebtTotal, last quarter) + Leases 32.7m
Net Debt = -808.3m USD (calculated: Debt 6.71b - CCE 7.52b)
Enterprise Value = 24.5b USD (25.3b + Debt 6.71b - CCE 7.52b)
Interest Coverage Ratio = 15.34 (Ebit TTM 2.98b / Interest Expense TTM 194.6m)
EV/FCF = -3.52x (Enterprise Value 24.5b / FCF TTM -6.97b)
FCF Yield = -28.43% (FCF TTM -6.97b / Enterprise Value 24.5b)
FCF Margin = -17.85% (FCF TTM -6.97b / Revenue TTM 39.1b)
Net Margin = 5.71% (Net Income TTM 2.23b / Revenue TTM 39.1b)
Gross Margin = 10.82% ((Revenue TTM 39.1b - Cost of Revenue TTM 34.8b) / Revenue TTM)
Gross Margin QoQ = 17.47% (prev 9.95%)
Tobins Q-Ratio = 0.82 (Enterprise Value 24.5b / Total Assets 29.9b)
Interest Expense / Debt = 2.90% (Interest Expense 194.6m / Debt 6.71b)
Taxrate = 19.95% (556.3m / 2.79b)
NOPAT = 2.39b (EBIT 2.98b * (1 - 19.95%))
Current Ratio = 3.87 (Total Current Assets 27.7b / Total Current Liabilities 7.16b)
Debt / Equity = 0.46 (Debt 6.71b / totalStockholderEquity, last quarter 14.5b)
Debt / EBITDA = -0.27 (Net Debt -808.3m / EBITDA 3.04b)
Debt / FCF = 0.12 (negative FCF - burning cash) (Net Debt -808.3m / FCF TTM -6.97b)
Total Stockholder Equity = 8.89b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.15% (Net Income 2.23b / Total Assets 29.9b)
RoE = 25.08% (Net Income TTM 2.23b / Total Stockholder Equity 8.89b)
RoCE = 19.16% (EBIT 2.98b / Capital Employed (Equity 8.89b + L.T.Debt 6.68b))
RoIC = 10.44% (NOPAT 2.39b / Invested Capital 22.9b)
WACC = 14.67% (E(25.3b)/V(32.0b) * Re(17.94%) + D(6.71b)/V(32.0b) * Rd(2.90%) * (1-Tc(0.20)))
Discount Rate = 17.94% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 82.38 | Cagr: 5.80%
[DCF] Fair Price = unknown (Cash Flow -6.97b)
EPS Correlation: 57.81 | EPS CAGR: 20.80% | SUE: 4.0 | # QB: 3
Revenue Correlation: 90.83 | Revenue CAGR: 58.61% | SUE: -0.35 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.76 | Chg30d=+14.35% | Revisions=+44% | Analysts=15
EPS next Quarter (2026-12-31): EPS=1.04 | Chg30d=+35.06% | Revisions=+44% | Analysts=15
EPS current Year (2027-06-30): EPS=3.31 | Chg30d=+4.41% | Revisions=+50% | GrowthEPS=-8.8% | GrowthRev=+36.4%
EPS next Year (2028-06-30): EPS=3.86 | Chg30d=+4.01% | Revisions=+29% | GrowthEPS=+16.5% | GrowthRev=+21.7%
[Analyst] Revisions Ratio: +58% (up=19, down=4)