Rosenblatt keeps Buy rating on Super Micro Computer stock after CFO hire

Published on 10/18/2026 at 13:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mark Long became CFO on October 15, 2026, succeeding David Weigand. For Super Micro Computer stock, fiscal 2026 revenue reached USD 39.06 billion, up 77.79 percent.

CFO appointment and earnings picture

Rosenblatt maintained a USD 51.00 target after the October 15, 2026 CFO appointment.
Fiscal 2026 revenue reached USD 39.06 billion, up 77.79 percent from fiscal 2025.
Super Micro Computer stock closed at EUR 28.12 on October 16, 2026 at Xetra.
The next quarterly communication is scheduled for November 3, 2026.

SMCI, US86800U3023, Illustration mit AI erstellt.

Rosenblatt Securities maintained a Buy rating and a USD 51.00 price target for Super Micro Computer after the CFO change, according to Investing.com on October 15, 2026. The company appointed Mark Long as senior vice president and chief financial officer on the same date, as stated in Supermicro.

CFO change tests cash conversion

Rosenblatt said the appointment could reduce Super Micro Computer's governance discount and shift attention toward growth, gross margins and cash conversion. Its USD 51.00 target was based on roughly 10 times its fiscal 2027 earnings-per-share estimate, while the same report cited more than USD 60 billion in new AI orders from over 20 customers.

What does revenue mean for margins?

The latest quarterly figures show both operating scale and execution pressure. Super Micro reported quarterly earnings per share of USD 1.70 against a USD 0.92 consensus estimate, a USD 0.78 outperformance, while revenue reached USD 11.12 billion against an expected USD 11.60 billion. MarketBeat reported that quarterly revenue rose 93.20 percent year over year.

Three dates frame the story

On August 11, 2026, Super Micro reported quarterly earnings per share of USD 1.70 against USD 0.92 consensus. On October 7, 2026, the chief executive and a director each sold 100,000 shares at USD 45.02, according to MarketBeat. On October 15, 2026, Mark Long became CFO, succeeding David Weigand, according to Supermicro.

November 3 brings the next report

The next quarterly communication is listed for November 3, 2026, giving investors a concrete date for the next update on revenue, margins and cash flow. Fiscal 2026 revenue was USD 39.06 billion, compared with USD 21.97 billion in fiscal 2025, while operating cash flow was negative USD 6.81 billion in fiscal 2026.

Stock context after the selloff

The last available euro price was EUR 28.12 at Xetra on October 16, 2026. The US listing closed at USD 31.63 on Nasdaq on October 16, 2026, and the market capitalization was USD 20.8 billion, with a 52-week range of USD 19.48 to USD 56.60. The further course of trading is shown by the continuously updated real-time quote of Super Micro Computer stock.