In the latest close session, Super Micro Computer (SMCI) was down 4.14% at $27.88. The stock's performance was behind the S&P 500's daily gain of 0.12%. On the other hand, the Dow registered a loss of 0.13%, and the technology-centric Nasdaq increased by 0.2%.
Shares of the server technology company witnessed a gain of 32.36% over the previous month, beating the performance of the Computer and Technology sector with its gain of 16.05%, and the S&P 500's gain of 9.3%.
Market participants will be closely following the financial results of Super Micro Computer in its upcoming release. The company plans to announce its earnings on May 5, 2026. The company is forecasted to report an EPS of $0.63, showcasing a 103.23% upward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $12.36 billion, reflecting a 168.75% rise from the equivalent quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.28 per share and a revenue of $41.55 billion, representing changes of +10.68% and +89.09%, respectively, from the prior year.
Any recent changes to analyst estimates for Super Micro Computer should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.09% decrease. As of now, Super Micro Computer holds a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Super Micro Computer has a Forward P/E ratio of 12.73 right now. Its industry sports an average Forward P/E of 13.65, so one might conclude that Super Micro Computer is trading at a discount comparatively.
We can also see that SMCI currently has a PEG ratio of 0.45. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The average PEG ratio for the Computer- Storage Devices industry stood at 1.42 at the close of the market yesterday.
The Computer- Storage Devices industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 20, finds itself in the top 9% echelons of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
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Super Micro Computer, Inc. (SMCI): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).