Mizuho raises target for Super Micro Computer stock to USD 43.00

Published on 10/07/2026 at 03:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2026 revenue hit USD 39.10 billion, up 78.00 percent. For Super Micro Computer stock, fiscal Q1 2027 margin guidance is 10.40-10.80 percent.

SMCI, US86800U3023, Illustration mit AI erstellt.

Mizuho raised its target for Super Micro Computer stock to USD 43.00 from USD 35.00 while keeping a Neutral rating, as Yahoo Finance reported on October 6, 2026. The change gives investors a concrete benchmark while the company balances rapid order growth against uneven margins. The analyst action is the latest identifiable valuation signal for SMCI.

Orders outrun reported sales

Fortune reported that Super Micro received over USD 60 billion in new orders during fiscal fourth quarter 2026, while revenue reached USD 11.10 billion, up 93.00 percent year over year. That gap is central to the investment case because backlog conversion must turn orders into recognized sales.

The company reported USD 39.10 billion in fiscal 2026 revenue, up 78.00 percent from USD 22.00 billion in fiscal 2025, according to Fortune. The comparison shows that growth remains substantial, but the order figure is now much larger than the latest quarterly revenue base.

Margins set the next test

Fortune reported a non-GAAP gross margin of 17.60 percent in fiscal fourth quarter 2026, compared with guidance of 8.20-8.40 percent. Management guided fiscal first quarter 2027 gross margin to 10.40-10.80 percent, making mix and execution more important than headline order volume.

That guidance creates a measurable counterweight to the growth story. Fiscal fourth quarter 2026 operating cash flow was USD 747.00 million, but fiscal 2026 operating cash flow was negative USD 6.80 billion, according to Fortune. Investors therefore have two separate execution tests: converting the backlog and protecting cash generation while capacity expands.

Market range stays wide

SMCI had a market capitalization of USD 28.1 billion on October 6, 2026, while its 52-week range was USD 19.48 to USD 58.78. The stock's latest valid prior close at Lang & Schwarz was EUR 38.65 on October 5, 2026, providing a dated euro reference for German investors.

At Lang & Schwarz, the prior close was EUR 38.65 on October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Super Micro Computer stock.