What is Northland Securities’ Estimate for SMCI Q3 Earnings?

Super Micro Computer, Inc. (NASDAQ:SMCI) – Northland Securities raised their Q3 2026 earnings per share estimates for shares of Super Micro Computer in a note issued to investors on Wednesday, February 4th. Northland Securities analyst N. Chokshi now forecasts that the company will earn $0.53 per share for the quarter, up from their previous estimate of $0.45. The consensus estimate for Super Micro Computer’s current full-year earnings is $1.86 per share. Northland Securities also issued estimates for Super Micro Computer’s Q4 2026 earnings at $0.40 EPS, FY2026 earnings at $1.79 EPS, Q1 2027 earnings at $0.21 EPS, Q2 2027 earnings at $0.26 EPS, Q3 2027 earnings at $0.88 EPS, Q4 2027 earnings at $1.22 EPS and FY2027 earnings at $2.59 EPS.

Super Micro Computer (NASDAQ:SMCI) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.49 by $0.20. Super Micro Computer had a net margin of 3.11% and a return on equity of 13.22%. The company had revenue of $12.68 billion during the quarter, compared to analyst estimates of $10.34 billion. During the same period in the previous year, the firm earned $0.59 earnings per share. Super Micro Computer’s quarterly revenue was up 123.4% compared to the same quarter last year. Super Micro Computer has set its Q3 2026 guidance at 0.600- EPS.

Several other brokerages also recently issued reports on SMCI. Weiss Ratings reissued a “hold (c)” rating on shares of Super Micro Computer in a research note on Monday, December 29th. Barclays set a $38.00 price target on Super Micro Computer and gave the stock an “equal weight” rating in a research note on Wednesday, February 4th. Sanford C. Bernstein cut their price objective on Super Micro Computer from $42.00 to $37.00 and set a “market perform” rating on the stock in a research report on Wednesday, February 4th. Needham & Company LLC reduced their target price on Super Micro Computer from $51.00 to $40.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. Finally, Wall Street Zen lowered shares of Super Micro Computer from a “hold” rating to a “sell” rating in a research note on Saturday, November 15th. Seven research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Super Micro Computer presently has an average rating of “Hold” and a consensus price target of $43.87.

Super Micro Computer Price Performance

SMCI stock opened at $33.33 on Monday. The stock has a market cap of $19.96 billion, a PE ratio of 24.87, a P/E/G ratio of 0.65 and a beta of 1.53. Super Micro Computer has a 12 month low of $27.60 and a 12 month high of $66.44. The company has a 50-day moving average price of $31.36 and a 200 day moving average price of $40.73. The company has a current ratio of 1.70, a quick ratio of 1.01 and a debt-to-equity ratio of 0.67.

Institutional Investors Weigh In On Super Micro Computer

A number of institutional investors have recently added to or reduced their stakes in SMCI. Anfield Capital Management LLC bought a new position in Super Micro Computer in the second quarter worth about $25,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of Super Micro Computer during the 2nd quarter worth approximately $25,000. Flagship Harbor Advisors LLC purchased a new stake in Super Micro Computer during the fourth quarter valued at approximately $25,000. Elyxium Wealth LLC acquired a new stake in Super Micro Computer in the fourth quarter valued at approximately $26,000. Finally, Armstrong Advisory Group Inc. purchased a new position in Super Micro Computer in the third quarter worth $29,000. Institutional investors own 84.06% of the company’s stock.

More Super Micro Computer News

Here are the key news stories impacting Super Micro Computer this week:

• Positive Sentiment: Record Q2 results (123% revenue growth) and strong AI server demand position SMCI to benefit from rising hyperscaler capex and a new Vera Rubin NVL72 rack-scale system coming later this year — a bullish growth setup. Super Micro Computer: Strong Growth Setup As Industry CapEx Soars
• Positive Sentiment: Analysts are closely watching SMCI after the Q2 “blowout,” keeping the stock in the spotlight for AI exposure and potential further upside if demand continues. Super Micro (SMCI) is one of the AI stocks analysts are watching after Q2 blowout
• Neutral Sentiment: High retail and institutional attention — SMCI is among most‑searched tickers, which can amplify moves but doesn’t by itself change fundamentals. Investors Heavily Search Super Micro Computer, Inc. (SMCI): Here is What You Need to Know
• Neutral Sentiment: Long‑term performance pieces (e.g., hypothetical $1,000 return over 10 years) highlight past gains but are not a near‑term catalyst. Here’s How Much a $1000 Investment in Super Micro Computer Made 10 Years Ago Would Be Worth Today
• Neutral Sentiment: Fresh analyst modeling: Northland issued a Q3 earnings forecast for SMCI — analyst updates will matter for short‑term sentiment but reflect differing views on margins and demand. Q3 Earnings Forecast for SMCI Issued By Northland Securities
• Negative Sentiment: Mounting concerns about margin compression and profitability despite revenue strength — non‑GAAP gross margins narrowed (reported ~6.4%), prompting questions about sustainability of profits as the company scales AI deployments. Super Micro Computer’s AI Growth Meets Mounting Margin And Profit Concerns
• Negative Sentiment: Bearish commentary argues the stock may be “dead money” after the rally, warning valuation and margin risks could limit upside. Super Micro Computer: This Stock Is Still Dead Money
• Negative Sentiment: Short‑term pullback and volatility: shares gave back some post‑earnings gains as investors digest analyst rating changes and profit‑taking. Super Micro Computer (SMCI) Shares Pull Back After Earnings Rally: What Investors Need To Know

About Super Micro Computer

Super Micro Computer, Inc (Supermicro) is a technology company that designs, develops and manufactures high-performance server, storage and networking solutions for enterprise, cloud, data center, high performance computing (HPC) and edge computing customers. The company’s product portfolio includes rackmount and blade servers, storage subsystems, motherboards, chassis, power supplies and networking components, with an emphasis on high-density, energy-efficient configurations and platforms optimized for GPU-accelerated workloads and artificial intelligence applications.

Headquartered in San Jose, California, Supermicro combines in-house engineering with a global manufacturing and distribution footprint to deliver configurable, application-specific systems.