Needham resumed coverage on Super Micro Computer with a new price target
$SMCI
Computer Manufacturing
Technology
Needham resumed coverage of Super Micro Computer with a rating of Buy and set a new price target of $39.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/7/2025 | $39.00 | Buy | Needham |
| 4/25/2025 | $39.00 | Neutral | Citigroup |
| 3/24/2025 | $40.00 → $32.00 | Neutral → Sell | Goldman |
| 3/21/2025 | $45.00 | Underweight → Neutral | Analyst |
| 3/10/2025 | $60.00 | Buy | Rosenblatt |
| 2/27/2025 | $59.00 | Equal Weight | Barclays |
| 2/11/2025 | $48.00 | Hold → Buy | CFRA |
| 11/6/2024 | $50.00 → $23.00 | Neutral → Underweight | JP Morgan |
4 - Super Micro Computer, Inc. (0001375365) (Issuer)
4 - Super Micro Computer, Inc. (0001375365) (Issuer)
3 - Super Micro Computer, Inc. (0001375365) (Issuer)
Super Micro Computer, Inc. (NASDAQ:SMCI) ("Supermicro" or the "Company"), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, today announced unaudited financial results for its third quarter of fiscal year 2025 ended March 31, 2025. Third Quarter Fiscal Year 2025 Highlights Net sales of $4.60 billion versus $5.68 billion in Q2'25 and $3.85 billion in Q3'24. Gross margin of 9.6% versus 11.8% in Q2'25 and 15.5% in Q3'24. Net income of $109 million versus $321 million in Q2'25 and $402 million in Q3'24. Diluted net income per common share of $0.17 versus $0.51 in Q2'25 and $0.66 in Q3'24. Non-GAAP diluted net income per common share of $0.31 versus $0.59 in Q2'25
Super Micro Computer Inc. (NASDAQ:SMCI), a Total IT Solution Provider for AI/ML, HPC, Cloud, Storage, and 5G/Edge, today announced a business update and unaudited preliminary financial results for the third quarter (Q3) of fiscal year 2025 ended March 31, 2025. New generation product design wins are robust During Q3 some delayed customer platform decisions moved sales into Q4 The GAAP and Non-GAAP gross margin for Q3 was 220 basis points lower than Q2 primarily due to higher inventory reserves resulting from older generation products and expedite costs to enable time-to-market for new products Expected Range Prior Guidance Net Sales $4.5B to $4.6B $5.0B to $6.
Super Micro Computer, Inc. (NASDAQ:SMCI) ("Supermicro" or the "Company"), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, today announced preliminary financial information for its second quarter of fiscal year 2025 ended December 31, 2024. Preliminary Second Quarter Fiscal Year 2025 Highlights The Company expects to report the following financial information for the quarter ended December 31, 2024: Net sales in the range of $5.6 billion to $5.7 billion, reflecting 54% year-over-year growth at the midpoint GAAP and non-GAAP gross margin in the range of 11.8% to 11.9% GAAP diluted net income per common share in the range of $0.50 to $0.52, flat year-over-year
Super Micro Computer, Inc. (NASDAQ:SMCI) ("Supermicro" or the "Company"), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, today announced unaudited financial results for its third quarter of fiscal year 2025 ended March 31, 2025. Third Quarter Fiscal Year 2025 Highlights Net sales of $4.60 billion versus $5.68 billion in Q2'25 and $3.85 billion in Q3'24. Gross margin of 9.6% versus 11.8% in Q2'25 and 15.5% in Q3'24. Net income of $109 million versus $321 million in Q2'25 and $402 million in Q3'24. Diluted net income per common share of $0.17 versus $0.51 in Q2'25 and $0.66 in Q3'24. Non-GAAP diluted net income per common share of $0.31 versus $0.59 in Q2'25
Super Micro Computer Inc. (NASDAQ:SMCI), a Total IT Solution Provider for AI/ML, HPC, Cloud, Storage, and 5G/Edge, today announced a business update and unaudited preliminary financial results for the third quarter (Q3) of fiscal year 2025 ended March 31, 2025. New generation product design wins are robust During Q3 some delayed customer platform decisions moved sales into Q4 The GAAP and Non-GAAP gross margin for Q3 was 220 basis points lower than Q2 primarily due to higher inventory reserves resulting from older generation products and expedite costs to enable time-to-market for new products Expected Range Prior Guidance Net Sales $4.5B to $4.6B $5.0B to $6.
Accelerating AI, Modern HCI, and Sustainable Data Growth with Turnkey Virtualization and Petascale Storage SteelDome and Supermicro (NASDAQ:SMCI) are working together to deliver next-generation virtualization and storage solutions optimized for hyperconverged and artificial intelligence (AI) workloads. This collaboration provides enterprises and edge data centers with a comprehensive, ready-to-deploy platform that seamlessly integrates into existing operations, ensuring rapid implementation and immediate productivity. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250415318393/en/ By combining Supermicro's industry-leading hardw
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4 - Super Micro Computer, Inc. (0001375365) (Issuer)
8-K - Super Micro Computer, Inc. (0001375365) (Filer)
8-K - Super Micro Computer, Inc. (0001375365) (Filer)
DEFA14A - Super Micro Computer, Inc. (0001375365) (Filer)
Industry veteran with deep financial background Scott Angel joins Board Seasoned legal expert Yitai Hu promoted to General Counsel Super Micro Computer, Inc. (NASDAQ:SMCI) ("Supermicro" or the "Company"), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, today announced enhancements to its Board of Directors and senior leadership team to support the continued execution of its growth strategy, with the appointments of: Scott Angel as a new independent director: Mr. Angel, who brings nearly four decades of experience in accounting, audit, consulting, and financial advisory, has deep expertise in the technology and semiconductor industries with a focus on risk and complianc
Special Committee, supported by outside counsel Cooley LLP and forensic accounting firm Secretariat Advisors, LLC, finds no evidence of misconduct on the part of management or the Board of Directors and that the Audit Committee acted independently No restatement of reported financials expected Board adopts recommendations of the Special Committee and appoints new Chief Accounting Officer, approves the transition to a new CFO and authorizes additional executive hires, along with other measures to strengthen the Company Super Micro Computer, Inc. (NASDAQ:SMCI) (the "Company"), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, today announced that the independent Special
Super Micro Computer, Inc. (NASDAQ:SMCI), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, announced today that the Audit Committee of its Board of Directors has engaged BDO USA, P.C. ("BDO") as its independent auditor, effective immediately. BDO is a member firm of BDO International, one of the world's top five accounting firms network with over 115,000 professionals across its global network and a recognized leader in audit and assurance. "We are pleased to welcome BDO as Supermicro's independent auditor," said Charles Liang, President and CEO of Supermicro. "BDO is a highly respected accounting firm with global capabilities. This is an important next step to bring our
Needham resumed coverage of Super Micro Computer with a rating of Buy and set a new price target of $39.00
Citigroup initiated coverage of Super Micro Computer with a rating of Neutral and set a new price target of $39.00
Goldman downgraded Super Micro Computer from Neutral to Sell and set a new price target of $32.00 from $40.00 previously