
SMCI Stock Forecast & Price Target
SMCI Analyst Ratings
Bulls say
Super Micro Computer Inc. has raised its fiscal year 2026 revenue outlook to at least $36 billion, an increase from the prior estimate of at least $33 billion, primarily driven by strong demand for AI data center solutions and expanding engagements with Data Center Building Block Solutions. Despite a rise in inventory to $5.7 billion, the company anticipates sequential revenue growth through FY2026, aided by improved manufacturing efficiencies and market demand within the cloud computing and high-performance computing sectors. Overall, the positive outlook reflects a robust demand trajectory supported by recent design awards and expectations for margin improvement as operational scale and product mix evolve.
Bears say
Super Micro Computer Inc. experienced a significant decline in revenue, reporting $5.02 billion in F1Q26, which represented a 12.8% quarter-over-quarter decrease and a 15.5% year-over-year decline, falling below both the firm's expectations and the broader market consensus. The company anticipates further challenges in F2Q26, with gross margins expected to decrease by 300 basis points due to elevated support costs and the initial ramp-up of a new product, contributing to a negative outlook on profitability. Additionally, a failure to meet sales projections along with a non-GAAP EPS forecast of $0.50, which is lower than both the company's and consensus estimates, underscores the ongoing struggles that could hinder financial performance moving forward.
This aggregate rating is based on analysts' research of Super Micro Computer and is not a guaranteed prediction by Public.com or investment advice.
SMCI Analyst Forecast & Price Prediction
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