What is Northland Securities’ Estimate for SMCI Q2 Earnings?

Super Micro Computer, Inc. (NASDAQ:SMCI) – Northland Securities lifted their Q2 2027 earnings per share (EPS) estimates for Super Micro Computer in a research note issued to investors on Wednesday, November 4th. Northland Securities analyst N. Chokshi now forecasts that the company will post earnings of $1.76 per share for the quarter, up from their previous estimate of $1.31. The consensus estimate for Super Micro Computer’s current full-year earnings is $4.52 per share. Northland Securities also issued estimates for Super Micro Computer’s Q3 2027 earnings at $1.31 EPS, Q4 2027 earnings at $1.50 EPS, FY2027 earnings at $6.26 EPS, Q1 2028 earnings at $1.78 EPS, Q2 2028 earnings at $1.93 EPS, Q3 2028 earnings at $1.42 EPS and FY2028 earnings at $6.76 EPS.

Super Micro Computer (NASDAQ:SMCI) last posted its quarterly earnings results on Tuesday, November 3rd. The company reported $1.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.28 by $0.53. The firm had revenue of $19.95 billion for the quarter, compared to analysts’ expectations of $16.29 billion. Super Micro Computer had a return on equity of 38.97% and a net margin of 6.77%. The company’s revenue for the quarter was up 297.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.35 EPS.

A number of other equities research analysts have also recently commented on the stock. Raymond James Financial restated an “outperform” rating and issued a $65.00 price target on shares of Super Micro Computer in a report on Wednesday, November 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Super Micro Computer in a report on Monday, September 21st. Zacks Research cut shares of Super Micro Computer from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 12th. Wedbush boosted their target price on Super Micro Computer from $34.00 to $40.00 and gave the company a “neutral” rating in a research report on Wednesday, August 12th. Finally, Bank of America boosted their target price on Super Micro Computer from $38.00 to $39.00 and gave the company an “underperform” rating in a research report on Wednesday, November 4th. Four investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, Super Micro Computer presently has a consensus rating of “Hold” and a consensus price target of $41.29.

Super Micro Computer Stock Down 2.8%

Super Micro Computer stock opened at $27.79 on Wednesday. The company has a market capitalization of $18.32 billion, a PE ratio of 5.93, a PEG ratio of 0.41 and a beta of 2.17. Super Micro Computer has a 12-month low of $19.48 and a 12-month high of $51.40. The firm’s fifty day moving average is $37.08 and its 200 day moving average is $32.62. The company has a quick ratio of 1.66, a current ratio of 3.02 and a debt-to-equity ratio of 0.56.

Insider Activity at Super Micro Computer

In other Super Micro Computer news, Director Chiu-Chu Liang sold 100,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 7th. The stock was sold at an average price of $45.02, for a total transaction of $4,502,000.00. Following the completion of the sale, the director directly owned 337,506 shares of the company’s stock, valued at approximately $15,194,520.12. The trade was a 22.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Liang sold 100,000 shares of the stock in a transaction that occurred on Wednesday, October 7th. The stock was sold at an average price of $45.02, for a total value of $4,502,000.00. Following the completion of the sale, the chief executive officer directly owned 337,506 shares of the company’s stock, valued at approximately $15,194,520.12. This trade represents a 22.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 400,000 shares of company stock valued at $16,442,000. 16.10% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Super Micro Computer

Several institutional investors have recently bought and sold shares of the stock. Quest 10 Wealth Builders Inc. raised its position in Super Micro Computer by 235.2% in the 3rd quarter. Quest 10 Wealth Builders Inc. now owns 600 shares of the company’s stock valued at $25,000 after buying an additional 421 shares during the last quarter. Edmond DE Rothschild Holding S.A. purchased a new position in Super Micro Computer during the 3rd quarter worth $25,000. Heritage Family Offices LLP bought a new stake in shares of Super Micro Computer in the 3rd quarter worth $43,000. Bradley & Co. Private Wealth Management LLC bought a new stake in shares of Super Micro Computer in the 3rd quarter worth $49,000. Finally, Root Financial Partners LLC bought a new stake in shares of Super Micro Computer in the 3rd quarter worth $55,000. Institutional investors own 84.06% of the company’s stock.

Super Micro Computer News Summary

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

• Positive Sentiment: Super Micro raised its fiscal 2027 revenue forecast to $72 billion–$82 billion from $65 billion–$72 billion, with its CEO calling the new range conservative. The outlook points to continued demand for the company’s AI-server systems. Article: Super Micro CEO Calls Its Outlook Conservative
• Positive Sentiment: Director Scott Angel bought 1,715 shares for about $49,941, increasing his holdings by 24.31%—a modest but potentially confidence-boosting insider signal. Article: Super Micro Director Buys Shares
• Neutral Sentiment: Northland Securities raised its FY2027 EPS estimate to $6.26 from $5.38, but trimmed its FY2028 forecast to $6.76 from $6.85 and made mixed quarterly revisions. The estimates suggest stronger near-term expectations but a slightly lower view for FY2028.
• Negative Sentiment: Despite September-quarter revenue of nearly $19.9 billion, operating cash flow was negative $434 million as receivables and inventory grew. Investors may worry about working-capital demands and whether rapid sales growth is converting into cash. Article: Cash Drain Shadows Sales Growth
• Negative Sentiment: Pressure on NVIDIA shares spilled over to AI-server makers, adding sector-wide weakness for SMCI alongside its company-specific cash-flow concerns. Article: NVIDIA Weakness Weighs on AI-Server Stocks

Super Micro Computer Company Profile

Super Micro Computer, Inc. designs and sells server and storage systems, networking equipment, and related software and services. Its offerings include systems for data centers, cloud computing, enterprise applications, high-performance computing, artificial intelligence, and edge computing. The company emphasizes application-optimized solutions, including integrated rack-scale systems that combine computing, storage, networking, and management tools. It also provides system configuration, deployment, and support services.