Super Micro Computer Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Benzinga
06 May

Super Micro Computer, Inc. (NASDAQ:SMCI) will release earnings results for the third quarter, after the closing bell on Tuesday, May 6.

Analysts expect the San Jose, California-based company to report quarterly earnings at 30 cents per share, down from 67 cents per share in the year-ago period. Super Micro Computer projects to report quarterly revenue at $5.05 billion, compared to $3.85 billion a year earlier, according to data from Benzinga Pro.

Super Micro Computer lowered its preliminary guidance for the third quarter last week.

Super Micro Computer shares fell 4.6% to close at $32.17 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • Barclays analyst George Wang maintained an Equal-Weight rating and cut the price target from $59 to $34 on April 30, 2025. This analyst has an accuracy rate of 64%.
  • JP Morgan analyst Samik Chatterjee maintained a Neutral rating and slashed the price target from $39 to $36 on April 30, 2025. This analyst has an accuracy rate of 69%.
  • Mizuho analyst Vijay Rakesh maintained a Neutral rating and slashed the price target from $50 to $34 on April 30, 2025. This analyst has an accuracy rate of 73%.
  • Rosenblatt analyst Kevin Cassidy maintained a Buy rating with a price target of $55 on April 30, 2025. This analyst has an accuracy rate of 65%.
  • Citigroup analyst Asiya Merchant initiated coverage on the stock with a Neutral rating and a price target of $39 on April 25, 2025. This analyst has an accuracy rate of 60%.

Considering buying SMCI stock? Here’s what analysts think:

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