Super Micro Computer, Inc. (NASDAQ: SMCI) received an upgrade to its earnings forecast for the third quarter of 2026 from Northland Securities, as announced in a note to investors on February 4, 2026. Analyst N. Chokshi now anticipates earnings per share (EPS) of $0.53, an increase from the previous estimate of $0.45. This revision reflects a positive outlook for the company, which is also projected to achieve full-year earnings of $1.86 per share.
In addition to the Q3 2026 estimates, Northland Securities provided forecasts for subsequent quarters. The expected EPS for Q4 2026 is $0.40, while the earnings estimates for FY2026 are set at $1.79. Looking ahead to 2027, predicted earnings for Q1, Q2, Q3, and Q4 are $0.21, $0.26, $0.88, and $1.22, respectively, culminating in a total of $2.59 for the full year.
Several other investment firms have also reassessed their ratings and price targets for Super Micro Computer. On the same day, KGI Securities upgraded the company’s rating from “neutral” to “outperform,” setting a target price of $60.00. Meanwhile, Barclays assigned a target price of $38.00 with an “equal weight” rating. The Goldman Sachs Group raised its target from $26.00 to $27.00 but maintained a “sell” rating, while Sanford C. Bernstein reduced its target from $42.00 to $37.00 and rated the stock as “market perform.” Additionally, JPMorgan Chase & Co. lowered its price objective from $43.00 to $40.00.
Currently, the stock has been rated with eight “buy” ratings, eight “hold” ratings, and two “sell” ratings, according to data from MarketBeat.com. The average rating stands at “hold” with a consensus price target of $44.13.
Recent Performance and Future Guidance
On February 3, 2026, Super Micro Computer reported its latest earnings results, revealing an EPS of $0.69 for the quarter, surpassing the consensus estimate of $0.49 by $0.20. The company generated revenue of $12.68 billion, significantly exceeding the expected $10.34 billion. This performance indicates a 123.4% increase in quarterly revenue compared to the previous year, during which the company posted an EPS of $0.59.
Super Micro Computer has set its guidance for Q3 2026 at an EPS of approximately $0.600.
Institutional Investment Activity
Recent activity among institutional investors has shown a notable increase in stakes in Super Micro Computer. Vanguard Group Inc. raised its stake by 4.1% in the third quarter, acquiring an additional 2,695,829 shares, bringing its total to 68,848,777 shares valued at approximately $3.3 billion.
Other significant investors include Geode Capital Management LLC, which increased its holdings by 0.3%, and Disciplined Growth Investors Inc., which boosted its position by 16.5%. Invesco Ltd. also expanded its stake by 31.6%, while Charles Schwab Investment Management Inc. grew its holding by 5.3%. Overall, institutional investors now hold approximately 84.06% of Super Micro Computer’s stock.
Company Overview
Super Micro Computer, headquartered in San Jose, California, is recognized for its design, development, and manufacturing of high-performance server, storage, and networking solutions. The company caters to enterprise, cloud, data center, high-performance computing (HPC), and edge computing customers, offering a comprehensive product portfolio that includes rackmount and blade servers, storage subsystems, motherboards, and networking components. Supermicro emphasizes energy-efficient and high-density configurations, particularly optimized for GPU-accelerated workloads and artificial intelligence applications.
As the company navigates a dynamic market, the positive revisions from analysts and the substantial institutional interest may contribute to its ongoing growth and development in the tech sector.
