Reading the tape
NASDAQ: SMCI
Super Micro Computer, Inc.
Technology · Computer Hardware
Market Cap
$16.83B
52w High
$62.36
52w Low
$19.48
P/E
19.18
Volume
5.99M
Outstanding Shares
598.99M
Price vs Fundamentals
Why The Stock Is Moving
Likely multiple compressionModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: -12.87%Revenue (TTM): 34.76%FCF (TTM): 120.33%P/FCF: 85th pct
What changed
The stock fell 12.87% over the last year. Revenue grew 34.76% over the trailing twelve months. Operating margin moved from 7.42% to 3.68%. Free cash flow grew 120.33% over the trailing twelve months.
What the market seems to be pricing
Visible fundamentals weakened far less than the stock price. The market appears to be discounting durability, risk, or trust rather than just the latest reported numbers.
What would invalidate this read
This read changes if operating margin (currently 3.68%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Company profile
Super Micro Computer, Inc., together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally.
CEOCharles Liang
SectorTechnology
IndustryComputer Hardware
Employees5,684
IPO dateMar 29, 2007
Valuation
Forward P/E—
EV/EBITDA21.59
Enterprise value$28.7B
Stock splits
Oct 1, 2024↑ Forward
Every 1 shares became 10
Profitability & growth
Revenue growth123.36%
Gross margin8.02%▼19.58%vs FY2024
Operating margin3.68%▼29.40%vs FY2024
ROE16.64%▼21.78%vs FY2024
Analyst consensus
RatingHold
Target price$46.29▲64.79%
8
Buy
13
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 5, 2026
Q2 FY26 · EPS est $0.63 · Revenue est $12.39B
View
Congressional Activity
Congress Trades in SMCI
STOCK Act disclosures from senators and representatives.
John Boozman
ARsenateRepublicanSale (Full)Joint2025-12-31$1,001 - $15,000+12d to discloseJohn Boozman
ARsenateRepublicanSaleJoint2025-12-31$1,001 - $15,000+13d to discloseJohn Boozman
ARsenateRepublicanPurchaseJoint2025-12-11$1,001 - $15,000+32d to disclose