SMCI Super Micro Computer

Rack-scale AI servers and liquid cooling

Downtrend Trading below its 50-day average. (automatic: supply-chain trend + price vs 50-day average)

AI Server Racks (Taiwan ODMs) · 52

Last close (delayed) · 2026-10-30

$32.95

−4.30% today

+0.0%

−21.4%

+15.1%

YTD

+12.6%

−34.6%

Off 52w high

−36.6%

Next earnings (est.): 2026-11-03

Market cap$21.65B

P/E (trailing)10.1Forward 5.8

EV / sales0.7×EV/EBITDA 10.1×

Revenue (TTM)$39.06BGrowth 93.2% y/y

Margins10.8%gross · op 13.4%

Free cash flow-$8.25BCash $7.54B · debt $9.26B

Analyst target$43.27+31.3% upside · 15 analysts · hold

Riskβ 2.01Short 13.6% of float

Fundamentals from public market data, refreshed daily (2026-10-30 21:21 UTC). Figures in reporting currency.

SMCI · price with what management and the data said

Supply tighteningBeat / raiseMiss / cutData releaseEasing Hover a numbered marker for details · dashed lines = 50- and 200-day averages

Timeline: management commentary, data & earnings

8 events

8

2026-10-20Taiwan Ministry of FinanceData release

Taiwan September exports a record $87.2B (+60.9%); shipments to the US +106% to $27.5B on AI servers. Export orders a record $114.2B (+62.4%). Source ↗
7

2026-08-11EarningsBeat / raise

Reported EPS 1.7 vs 0.96 expected (+77.5% surprise).
6

2026-05-05EarningsBeat / raise

Reported EPS 0.84 vs 0.62 expected (+34.5% surprise).
5

2026-02-03EarningsBeat / raise

Reported EPS 0.69 vs 0.49 expected (+41.4% surprise).
4

2025-11-04EarningsMiss / cut

Reported EPS 0.35 vs 0.39 expected (-10.1% surprise).
3

2025-08-05EarningsMiss / cut

Reported EPS 0.41 vs 0.44 expected (-6.6% surprise).
2

2025-05-06EarningsBeat / raise

Reported EPS 0.31 vs 0.3 expected (+3.8% surprise).
1

2025-02-25EarningsBeat / raise

Reported EPS 0.6 vs 0.59 expected (+1.9% surprise).

Latest headlines

Auto-updated daily

Alternative data that moves SMCI

US imports from Taiwan+39.0% y/y US imports from Mexico+34.2% y/y

Earnings history

EPS vs expectations

Date	Expected EPS	Reported EPS	Surprise
2026-08-11	0.96	1.7	+77.5%
2026-05-05	0.62	0.84	+34.5%
2026-02-03	0.49	0.69	+41.4%
2025-11-04	0.39	0.35	−10.1%
2025-08-05	0.44	0.41	−6.6%
2025-05-06	0.3	0.31	+3.8%
2025-02-25	0.75	0.74	−1.9%
2025-02-25	0.59	0.6	+1.9%
2024-08-06	0.81	0.63	−23.2%
2024-04-30	0.56	0.67	+19.4%
2024-01-29	0.52	0.56	+8.3%
2023-11-01	0.32	0.34	+5.7%
2023-08-08	0.29	0.35	+20.7%
2023-05-02	0.17	0.16	−4.6%
2023-01-31	0.3	0.33	+7.7%
2022-11-01	0.28	0.34	+21.4%
2022-08-09	0.23	0.26	+11.7%
2022-05-03	0.12	0.16	+26.7%
2022-02-01	0.08	0.09	+13.2%
2021-11-02	0.04	0.06	+54.7%
2021-08-10	0.08	0.08	+3.9%
2021-05-04	0.05	0.05	+7.0%
2021-02-02	0.04	0.06	+44.0%
2020-11-03	0.02	0.06	+254.8%

About Super Micro Computer

Website ↗

Super Micro Computer, Inc., together with its subsidiaries, develops and sells server and storage solutions based on modular and open-standard architecture in the United States, Asia, Europe, and internationally. The company offers liquid and air-cooled AI servers for training and inferencing with integrated graphics processing units (GPUs) or PCIe based architectures; SuperBlade, MicroBlade, FlexTwin, GrandTwin, and BigTwin blade and multi-node systems; SuperStorage systems; Hyper, CloudDC, and WIO and rackmount systems; embedded (5G/IoT/Edge) systems; and MicroCloud server systems. It also provides workstations and networking devices; and modular server subsystems and accessories, including server boards, chassis, power supplies, and other accessories. In addition, the company offers remote system management solutions, such as Server Management suite comprising Supermicro Server Manage…

7,000 employees · San Jose, United States

AI Server Racks (Taiwan ODMs)

Rack-scale systems are integrated by a few Taiwanese ODMs. Execution and liquid-cooling readiness matter more than raw capacity.

Board→Tray→Rack→Cluster

What would prove us wrong. Strengthens if rack-scale integration slips and becomes the reason accelerators sit in warehouses.

Peers at the same bottleneck

Who else supplies this

Stock	Role	Last	1D	1M	YTD
2317.TW Hon Hai (Foxconn)	Largest AI rack integrator	NT$245.5	−1.01%	−2.0%	+9.7%
2382.TW Quanta Computer	Hyperscaler server ODM	NT$318.0	0.00%	−5.5%	+21.9%
3231.TW Wistron	GPU baseboard and server ODM	NT$183.5	−2.65%	−1.1%	+26.4%
DELL Dell Technologies	AI servers for enterprise and neoclouds	$424.3	−10.77%	−21.6%	+240.6%
CLS Celestica	Hyperscaler networking and compute EMS	$265.5	−6.09%	−28.8%	−10.2%

Not investment advice. Prices delayed and in local currency. Quotes in "double quotes" are verbatim as reported by the linked source; other commentary is our paraphrase. Earnings dates are estimates.