Super Micro Computer (NASDAQ:SMCI) Releases Q1 Earnings Guidance

Super Micro Computer (NASDAQ:SMCIGet Free Report) issued an update on its first quarter earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $0.75-0.76 for the period, compared to the consensus estimate of $0.73. The company issued revenue guidance of $5.9-6.0 billion, compared to the consensus revenue estimate of $6.44 billion. Super Micro Computer also updated its Q1 2025 guidance to 0.750-0.760 EPS.

Super Micro Computer Stock Performance

Shares of NASDAQ SMCI traded down $0.80 during mid-day trading on Friday, reaching $24.68. 31,937,678 shares of the company were exchanged, compared to its average volume of 80,752,273. The stock has a market capitalization of $13.80 billion, a P/E ratio of 12.39 and a beta of 1.28. The company has a quick ratio of 1.93, a current ratio of 3.77 and a debt-to-equity ratio of 0.32. The company’s 50-day simple moving average is $42.34 and its 200-day simple moving average is $65.07. Super Micro Computer has a twelve month low of $20.20 and a twelve month high of $122.90.

Super Micro Computer (NASDAQ:SMCIGet Free Report) last released its quarterly earnings results on Tuesday, August 6th. The company reported $0.62 EPS for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.14). The business had revenue of $5.31 billion for the quarter, compared to the consensus estimate of $5.32 billion. Super Micro Computer had a return on equity of 30.57% and a net margin of 8.09%. Super Micro Computer’s revenue was up 142.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.34 earnings per share. As a group, research analysts predict that Super Micro Computer will post 2.85 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on SMCI shares. Wedbush reissued a “neutral” rating and set a $32.00 target price (down previously from $62.00) on shares of Super Micro Computer in a research note on Monday. StockNews.com downgraded Super Micro Computer from a “hold” rating to a “sell” rating in a research report on Wednesday, October 9th. Susquehanna upped their price objective on Super Micro Computer from $28.50 to $32.50 and gave the company a “negative” rating in a research note on Monday, July 15th. Barclays reduced their price objective on shares of Super Micro Computer from $438.00 to $42.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 2nd. Finally, The Goldman Sachs Group reduced their target price on Super Micro Computer from $67.50 to $28.00 and set a “neutral” rating on the stock in a report on Wednesday. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $66.89.

Read Our Latest Research Report on SMCI

Super Micro Computer Company Profile

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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. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.

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Earnings History and Estimates for Super Micro Computer (NASDAQ:SMCI)

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