SMCI Beats Q4 Earnings Estimates

Super Micro Computer Inc. (NASDAQ: SMCI ) on Tuesday reported better-than-expected fourth-quarter earnings and issued strong first-quarter guidance. 70 per share, which beat the consensus estimate of 62 cents, according to Pro data. 76 billion from the same period last year.

"Our Total AI/IT Solutions strategy continues to deliver strong results, we added several hundred enterprise and other customers in the past year, generated more than $60 billion in new orders, and booked record backlog entering fiscal 2027," said Charles Liang, CEO of Super Micro. 02 billion estimate. 53 in pre-market trading. These analysts made changes to their price targets on Super Micro Computer following earnings announcement.

Barclays analyst Tim Long maintained the stock with an Equal-Weight rating and raised the price target from $38 to $39. Wedbush analyst Matt Bryson maintained the stock with a Neutral and raised the price target from $34 to $40. Needham analyst N. Quinn Bolton reiterated the stock with a Buy and maintained a $46 price target.

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