Super Micro Computer Future Growth
Future criteria checks 5/6
Super Micro Computer is forecast to grow earnings and revenue by 33.5% and 19% per annum respectively. EPS is expected to grow by 29% per annum. Return on equity is forecast to be 22.3% in 3 years.
Key information
33.5%
Earnings growth rate
29.02%
EPS growth rate
| Tech earnings growth | 10.7% |
| Revenue growth rate | 19.0% |
| Future return on equity | 22.26% |
| Analyst coverage | Good |
| Last updated | 16 Apr 2026 |
Recent future growth updates
Recent updates
Get Out Of Super Micro Computer While You Can
Apr 24
Super Micro Computer will achieve a remarkable 19% revenue growth but legal risks justify a big discount.
Super Micro Computer (NASDAQ: SMCI) — Condensed Investment View Business: Supermicro sells powerful computer systems and data storage equipment. It has done well from the recent boom in AI because it builds the kind of machines that AI companies need.
SMCI: AI Partnerships And Governance Reset Will Drive Bullish Repricing Outlook
Analysts have trimmed the Super Micro Computer price target by about $0.87, reflecting a slightly lower fair value and P/E assumption after a series of recent target cuts and downgrades, even as revenue growth and profit margin inputs in the model remain relatively stable. Analyst Commentary Recent Street research around Super Micro Computer has been dominated by a cluster of price target cuts and several downgrades, with commentary frequently pointing to governance concerns and credibility questions following indictments.SMCI: AI Partnerships And Governance Reset Will Drive Repricing Into 2026
Super Micro Computer's analyst price target has been revised lower by $6.99, with analysts citing higher required returns, a lower fair value estimate, and more conservative profit margin and P/E assumptions, despite slightly higher modeled revenue growth. Analyst Commentary Recent Street research on Super Micro has shifted toward a more cautious stance, with several firms trimming price targets and some lowering ratings following legal and governance concerns.
SMCI: Legal Credibility Concerns Will Likely Undermine Major AI Server Upside
Analysts have trimmed their fair value estimate for Super Micro Computer in response to multiple price target cuts. They cite higher assumed risk, more modest revenue and margin expectations, and a higher future P/E multiple following recent legal and credibility concerns.SMCI: AI Data Center Partnerships Will Support Repricing Into 2026
Analysts have made a modest adjustment to their price targets on Super Micro Computer, with changes clustering in a narrow $2 to $11 range as they factor in updated views on AI related demand, valuation, and sector positioning for 2026. Analyst Commentary Recent Super Micro price target moves sit within a relatively tight band, but the tone of the research still gives you useful clues about how the Street is thinking about valuation, execution, and growth into 2026.SMCI: AI Data Center Demand And Liquid Cooling Will Drive Repricing
Analysts have nudged their fair value estimate for Super Micro Computer to $63, reflecting slightly stronger assumptions for revenue growth, profit margins, and a lower future P/E, even as recent Street price target moves have been mixed. Analyst Commentary Bullish analysts on Super Micro Computer are split in their near term expectations, but a few themes still stand out when you look past the headline price target cuts.SMCI: AI Server Positioning And New Liquid Cooling Will Drive Repricing
Analysts have trimmed their fair value estimate for Super Micro Computer from US$80.58 to US$60.00, reflecting updated assumptions for slower revenue growth, lower profit margins, and a higher future P/E, as seen in a mix of recent price target reductions and a smaller price target increase across covering firms. Analyst Commentary Recent Street research on Super Micro Computer has been mixed, but you can still see some confidence around the company’s ability to execute and create value over time.SMCI: Large AI Orders And Margin Recovery Efforts Will Drive Future Repricing
Analysts have reduced their Super Micro Computer price targets by single-digit percentages, citing updated views on growth, profitability, and expectations for a lower future P/E. At the same time, some research notes highlight strong new orders and the possibility of margin recovery, alongside ongoing competition risks in AI servers.
SMCI: AI Server Order Wins Will Support Longer Term Margin Recovery
Analysts have made a modest upward adjustment to their Super Micro Computer price targets, with changes ranging from US$3 to US$4 per share. They are weighing recent Q1 revenue timing issues against strong new AI server orders and the potential for longer term margin recovery in an increasingly competitive market.SMCI: Margin Pressures Will Likely Undermine Benefits Of Major AI Server Wins
Analysts have modestly lowered their fair value estimate for Super Micro Computer, trimming the average price target by a few dollars per share to about $34 to $40. They are balancing expectations for sharply accelerating revenue driven by large AI server orders, including a $12B GB300 platform win, against lingering concerns over near term margin pressure and long term profitability risks in an increasingly competitive market.SMCI: AI Order Momentum Will Drive Long Term Revenue Upside
Analysts nudged their average price target on Super Micro Computer modestly higher, to about $34 from roughly $30, citing a strong rebound in orders, including a multibillion-dollar GB300 platform win, and confidence that near-term revenue timing issues will be offset by longer-term AI server demand despite ongoing profitability risks. Analyst Commentary Street research following the latest earnings update reflects a mixed but generally more constructive stance on Super Micro, with modest target changes and reiterated ratings highlighting both upside from AI server momentum and persistent execution risks.SMCI: Order Wins And Federal Expansion Will Support Revenue Recovery
Super Micro Computer's analyst price target has been adjusted downward, decreasing from $50.94 to $48.53. Analysts cite persistent profitability risks despite management's expectation of a revenue rebound and significant new order momentum.Super Micro Computer, Inc. (NASDAQ:SMCI) Shares Slammed 32% But Getting In Cheap Might Be Difficult Regardless
Nov 08
SMCI: Strong Order Momentum Will Drive Revenue Upside Amid AI Competition
Analysts have modestly raised their price target for Super Micro Computer to $50.94 from $50.59, citing improving revenue growth outlook and expectations for margin recovery, even as competition in the AI server market continues. Analyst Commentary Recent research updates have highlighted a variety of factors influencing both the positive and negative outlooks on Super Micro Computer’s stock.Analysts Raise Super Micro Target as Profit Margins Improve and AI Demand Grows
Analysts have raised their price target for Super Micro Computer by approximately $0.53 to $50.59. They cite improved profit margins and confidence in the company's ability to achieve strong sales growth as key factors supporting the increase.The Price Is Right For Super Micro Computer, Inc. (NASDAQ:SMCI) Even After Diving 32%
Aug 30Global AI Adoption And Scalable Data Centers Will Define Future Market Dynamics
With both Super Micro Computer’s future P/E and net profit margin remaining stable, analyst fair value estimates were unchanged, maintaining the consensus price target at $50.38. What's in the News Super Micro Computer issued FY2026 sales guidance of at least $33 billion and Q1 GAAP EPS of $0.30-$0.42, reflecting material stock-based compensation expense.Super Micro Computer, Inc. (NASDAQ:SMCI) Looks Just Right With A 28% Price Jump
Jul 16Is Now The Time To Look At Buying Super Micro Computer, Inc. (NASDAQ:SMCI)?
Jun 26Solid Earnings May Not Tell The Whole Story For Super Micro Computer (NASDAQ:SMCI)
May 21Investors Appear Satisfied With Super Micro Computer, Inc.'s (NASDAQ:SMCI) Prospects As Shares Rocket 42%
May 20Super Micro Computer, Inc. Just Missed EPS By 13%: Here's What Analysts Think Will Happen Next
May 15Super Micro Computer (NASDAQ:SMCI) Is Looking To Continue Growing Its Returns On Capital
May 11Super Micro Computer: Beware The Value Trap (Rating Downgrade)
Apr 24Super Micro Computer: A Structural Play On The Demand Surge For AI Infrastructure
Apr 17Super Micro Computer: Bears Need To Check Out Its Inventory (Rating Upgrade)
Mar 26From Setbacks To Success: Why Super Micro Computer Is A Gem For Growth Investors
Mar 11Super Micro Computer: Why It's Still Not Too Late To Buy
Mar 02SMCI is poised to regain momentum and capture a huge portion of the customized data center solutions space.
Management guidance (FY2025 Q2) -- $23 - $25bn revenue guidance for 2025, and positive about reaching $40bn in revenue for 2026, this is due to the DLC technology (Direct Liquid Cooling) that is expecWhy I'm Holding SMCI Heading Into The Filing Deadline, And How I'm Managing Risk
Feb 24Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 6/30/2028 | 56,730 | 1,608 | 680 | 942 | 8 |
| 6/30/2027 | 50,340 | 1,750 | 268 | 302 | 14 |
| 6/30/2026 | 41,466 | 1,277 | -1,860 | -1,917 | 15 |
| 12/31/2025 | 28,057 | 873 | 440 | 549 | N/A |
| 9/30/2025 | 21,053 | 793 | 218 | 333 | N/A |
| 6/30/2025 | 21,972 | 1,049 | 1,532 | 1,660 | N/A |
| 3/31/2025 | 21,570 | 1,151 | 30 | 148 | N/A |
| 12/31/2024 | 20,820 | 1,445 | -2,171 | -1,992 | N/A |
| 9/30/2024 | 18,807 | 1,420 | -2,513 | -2,348 | N/A |
| 6/30/2024 | 14,989 | 1,153 | -2,610 | -2,486 | N/A |
| 3/31/2024 | 11,820 | 1,049 | -1,966 | -1,847 | N/A |
| 12/31/2023 | 9,253 | 732 | -169 | -136 | N/A |
| 9/30/2023 | 7,391 | 613 | 592 | 620 | N/A |
| 6/30/2023 | 7,123 | 640 | 627 | 664 | N/A |
| 3/31/2023 | 6,574 | 587 | 608 | 648 | N/A |
| 12/31/2022 | 6,646 | 578 | 179 | 222 | N/A |
| 9/30/2022 | 6,015 | 444 | -38 | 7 | N/A |
| 6/30/2022 | 5,196 | 285 | -486 | -441 | N/A |
| 3/31/2022 | 4,630 | 184 | -400 | -352 | N/A |
| 12/31/2021 | 4,170 | 125 | -304 | -249 | N/A |
| 9/30/2021 | 3,828 | 111 | -189 | -132 | N/A |
| 6/30/2021 | 3,557 | 112 | 65 | 123 | N/A |
| 3/31/2021 | 3,385 | 91 | -91 | -37 | N/A |
| 12/31/2020 | 3,261 | 89 | 21 | 66 | N/A |
| 9/30/2020 | 3,302 | 85 | 42 | 85 | N/A |
| 6/30/2020 | 3,339 | 84 | -75 | -30 | N/A |
| 3/31/2020 | 3,297 | 90 | 104 | 148 | N/A |
| 12/31/2019 | 3,268 | 84 | 229 | 269 | N/A |
| 9/30/2019 | 3,329 | 79 | N/A | 230 | N/A |
| 6/30/2019 | 3,500 | 72 | N/A | 263 | N/A |
| 3/31/2019 | 3,628 | 74 | N/A | 246 | N/A |
| 12/31/2018 | 3,719 | 78 | N/A | 149 | N/A |
| 9/30/2018 | 3,615 | 59 | N/A | 110 | N/A |
| 6/30/2018 | 3,360 | 46 | N/A | 84 | N/A |
| 3/31/2018 | 3,057 | 33 | N/A | 14 | N/A |
| 12/31/2017 | 2,837 | 34 | N/A | -25 | N/A |
| 9/30/2017 | 2,673 | 58 | N/A | -74 | N/A |
| 6/30/2017 | 2,485 | 67 | N/A | -96 | N/A |
| 3/31/2017 | 2,338 | 59 | N/A | -77 | N/A |
| 12/31/2016 | 2,237 | 60 | N/A | -35 | N/A |
| 9/30/2016 | 2,215 | 70 | N/A | 76 | N/A |
| 6/30/2016 | 2,225 | 72 | N/A | 108 | N/A |
| 3/31/2016 | 2,231 | 84 | N/A | 39 | N/A |
| 12/31/2015 | 2,188 | 91 | N/A | 50 | N/A |
| 9/30/2015 | 2,050 | 89 | N/A | -52 | N/A |
| 6/30/2015 | 1,954 | 93 | N/A | -46 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SMCI's forecast earnings growth (33.5% per year) is above the savings rate (3.4%).
Earnings vs Market: SMCI's earnings (33.5% per year) are forecast to grow faster than the US market (16.1% per year).
High Growth Earnings: SMCI's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SMCI's revenue (19% per year) is forecast to grow faster than the US market (11% per year).
High Growth Revenue: SMCI's revenue (19% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SMCI's Return on Equity is forecast to be high in 3 years time (22.3%)
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/04/30 21:17 |
| End of Day Share Price | 2026/04/29 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Super Micro Computer, Inc. is covered by 28 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Dong Wang | Barclays |
| Timothy Long | Barclays |
| Mark Newman | Bernstein |