Highlights

  • JPMorgan Chase & Co. reduced Super Micro Computer’s target price to USD 40.00.
  • Multiple analysts adjusted ratings and targets following quarterly earnings results.
  • The company reported lower revenue and earnings compared to analyst expectations.

Super Micro Computer, Inc. (NASDAQ:SMCI) had its target price lowered by JPMorgan Chase & Co. The brokerage revised its estimate from USD 43.00 to USD 40.00 in a research note released Wednesday, as reported by Benzinga. JPMorgan maintained a “neutral” rating on the stock. The revised price target reflects updated analyst assumptions on revenue and earnings performance.

Broader Analyst Activity

Several other firms also updated their views on Super Micro Computer.

  • Barclays reduced its target from USD 45.00 to USD 43.00 and maintained an “equal weight” rating.
  • Needham & Company LLC lowered its target from USD 60.00 to USD 51.00 while keeping a “buy” rating.
  • Mizuho revised its target from USD 50.00 to USD 45.00, assigning a “neutral” stance.
  • Bank of America began coverage in July with an “underperform” rating and a USD 35.00 target.
  • Northland Securities set its target at USD 63.00 in a recent report.

As per MarketBeat data, the stock holds a consensus “Hold” rating. Among surveyed analysts, one assigned a Strong Buy, seven a Buy, eight a Hold, and two a Sell rating. The average target price stands at USD 47.53.

Quarterly Earnings Snapshot

Super Micro Computer released its latest quarterly results on November 4.

  • Reported earnings per share (EPS) of USD 0.35, below the consensus of USD 0.46.
  • Revenue stood at USD 5.02 billion, falling short of the USD 6.48 billion estimate.
  • Return on equity was 17.14%, while net margin reached 4.77%.
  • Revenue declined 15.5% year-over-year.
  • The company provided Q2 FY2026 guidance of USD 0.460–0.540 EPS and FY2026 EPS forecast of 1.86.

Company Overview

Super Micro Computer, Inc. develops and manufactures high-performance servers and storage solutions. The company operates in the United States, Europe, and Asia, serving enterprise and data center markets.