Analysts lift target for Super Micro Computer stock to USD 60.00

Published on 10/05/2026 at 12:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2027 sales guidance is USD 65.0 billion-USD 72.0 billion. Super Micro Computer stock costs EUR 38.95 on October 5, 2026, versus EUR 38.79.

SMCI, US86800U3023, Illustration mit AI erstellt.

Super Micro Computer (US86800U3023) has an analyst target of USD 60.00, up from USD 57.66 on September 17, 2026, according to Simply Wall St. The same analysis highlighted an order book above USD 60.0 billion and fiscal 2027 sales guidance of USD 65.0 billion to USD 72.0 billion.

Orders meet a cash test

The order figure gives Super Micro a large demand signal, but the financial conversion matters more than the headline backlog. Super Micro generated fiscal 2026 revenue of USD 39.1 billion, up 78.00 percent from USD 22.0 billion in fiscal 2025, according to Yahoo Finance.

Net income reached USD 2.20 billion in fiscal 2026, up 109.00 percent from fiscal 2025, while the profit margin improved to 5.60 percent from 4.80 percent. The growth profile is substantial, yet the next phase depends on turning server shipments into operating cash.

Margins shape the valuation

Super Micro's fiscal fourth-quarter revenue was USD 11.12 billion, up 93.00 percent year over year, while non-GAAP earnings per share reached USD 1.70 against a USD 0.92 consensus estimate, Yahoo Finance reported on September 10, 2026.

The quarter also showed why investors are watching profitability alongside demand. Non-GAAP gross margin rose to 17.60 percent from 10.10 percent in the prior quarter, while management expects fiscal first-quarter 2027 non-GAAP gross margin of 10.40 percent to 10.80 percent.

AI growth carries execution risk

Super Micro's fiscal 2027 sales range implies a midpoint of USD 68.5 billion, compared with USD 39.1 billion in fiscal 2026. That is a large expansion target, and it places inventory management, customer readiness and financing capacity at the center of the investment case.

Operating cash flow was negative USD 6.81 billion in fiscal 2026, according to TradingKey. This creates a concrete counterweight to the order book because higher sales require working capital before customer payments arrive.

SMCI trades below its yearly high

On Nasdaq, the primary listing was last at USD 43.69 on October 2, 2026 at 4:00 p.m. ET. The 52-week range was USD 19.48 to USD 58.78 as of October 4, 2026, and market capitalization was USD 28.7 billion.

SMCI was trading at EUR 38.95 at Lang & Schwarz on October 5, 2026 at 12:21 p.m. CEST, plus 0.41 percent versus the EUR 38.79 prior close at Lang & Schwarz. The further course of trading is shown by the continuously updated real-time quote of Super Micro Computer stock.