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SMCI

Supermicro

NASDAQInformation TechnologyComputer HardwareSnapshot 2026-05-08

$35.37+5.21%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, SMCI has a composite score of 17.6 and a signal label of "mild favorable." The company's momentum score increased significantly by 25.3 points, reaching 30.0, while the valuation label improved from "fair" to "inexpensive." The overall confidence in this scoring is medium, with a high market risk score of 80.0. This analysis is provisional.

Composite +18as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
strong
Top 10% of information technology cohort
Why this rank
  • Direction share
    1.00
  • Slope (norm)
    0.36
  • Bonus
    0.00
Operating income, last 4 quarters ($M)
147228182474
F2 · Value
cheap
Cheapest 30% of information technology cohort
Why this rank
Price
$35.37
TTM EPS
$1.54
Earnings yield
4.4%
P/E (TTM)
23.0

Trailing four: 2025-Q2, 2025-Q3, 2026-Q1, 2026-Q2

F3 · Earnings quality
fragile
Bottom 10% cash conversion in information technology cohort
Why this rank
TTM NI ($M)
873
TTM CFO ($M)
549
CFO/NI
0.63
L2

Watch

has something changed worth re-reading?
F4 · Management stability
neutral
Mid-cohort activity· see deep-dive ↓
capital unfriendlyBottom 30% — net capital-unfriendly direction
Earnings setup · pre-print positioning
forward-looking
bullish strongEPS revised +25.8% / 30d, n=16for period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $0.56 → $0.71 (+25.8% / 30d). 1 raised, 1 cut, 16 covering analysts.

Rating actions

0 upgrades, 0 downgrades / 30d. 26% of analysts rate Buy.

Price target activity

2 PT revisions / 30d. Avg target 24.4% above current price.

Material events

1 positive, 0 negative / 30d. See F4 management tile for the event list.

Market and fundamentals agree — analysts are positioned bullishly on a fundamentally strong name.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
2

Stated priorities

3 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.Achieve $40 billion revenue in FY 2026growthmixed65% progress
    5/5: For fiscal year 2026, the Company expects net sales in the range of $38.9 billion to $40.4 billion.
    Why this status

    Stated in 3 of last 3 quarters. Revenue grew from $5.01B in 2026-Q1 to $12.68B in 2026-Q2, indicating strong progress towards the $40 billion target. Management's guidance aligns with this trajectory, suggesting delivery on this priority.

  2. 2.Expand order book with Blackwell Ultragrowthwatchprovisional
    11/4: With a rapidly expanding order book, including more than $13B in Blackwell Ultra orders.
    Why this status

    Newly stated in 2025-Q4. The order book expansion with Blackwell Ultra is highlighted by management, but no specific financial updates or new contracts were disclosed in the latest quarter, indicating limited substantive delivery so far.

  3. 3.Maintain positive EPS guidancegrowthmixed65% progress
    5/5: Non-GAAP net income per diluted share of $0.65 to $0.79.
    Why this status

    Stated in 3 of last 3 quarters. EPS increased from $0.26 in 2026-Q1 to $0.6 in 2026-Q2, reflecting management's commitment to maintaining positive EPS guidance. The trajectory is delivering on this priority, aligning with guidance expectations.

3

Guidance track record

Last 5 quarters of EPS guidance with actuals.

1 beat, 2 inside, 1 miss
Per-quarter detail
PeriodGuidanceActualResult
2025-03-31$0.29 – $0.31$0.31inside
2025-06-30$0.40 – $0.50$0.32miss
2025-09-30$0.30 – $0.42$0.35inside
2025-12-31$0.46 – $0.54$0.69beat
2026-03-31$0.60$0.84unclassifiable

Beat / inside / miss is computed from the guided range when issued; for point-estimate quarters a ±5% tolerance band around the mid is used. surprise_pct_vs_mid is unstable when guided EPS is near zero, so it is not surfaced as a headline.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
highworst 12m loss −66%, typical day ±2.9%
Why this risk level

Recent vol — 30d annualized 90%; 252d 82%.

Drawdown — Max 1y −66%. Bad day move −7%.

Beta to sector ETF (XLK) 0.15 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 0/100, drawdown 0/100, beta 15/100, earnings vol .

High-volatility growth — strong fundamentals + high realized vol. Typical day ±2.9%.

Sector regime
tailwind+15.9%sector vs S&P 500, 60d

via XLK

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. score change · company_momentum_score
    severity 42

    Company momentum rose by 25.3 points (from 4.7 to 30.0).

  2. label change · valuation_label
    severity 20

    Valuation label changed from 'fair' to 'inexpensive'.

As of 2026-05-08, the company momentum score for SMCI rose by 25.3 points, increasing from 4.7 to 30.0. Additionally, the valuation label changed from 'fair' to 'inexpensive'. The overall signal transitioned to 'mild_favorable'.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite29.3 / 100
Capital allocation26
Earnings discipline35
Margin discipline50
Balance sheet4
Guidance credibility
Post-call reaction38

Met or beat guidance 67% of the last 3 guided quarters · 12.8% avg surprise

as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    Achieve $40 billion revenue in FY 2026

    GrowthNew since 2026-05-04

    Management aims to reach $40 billion in revenue for fiscal year 2026.

    On trackMixed

    Stated in 3 of last 3 quarters. Revenue grew from $5.01B in 2026-Q1 to $12.68B in 2026-Q2, indicating strong progress towards the $40 billion target. Management's guidance aligns with this trajectory, suggesting delivery on this priority.

    65%
    CEO/CFO:For fiscal year 2026, the Company expects net sales in the range of $38.9 billion to $40.4 billion.
    Multiple sourcesSource dated 2026-05-05Stated 3 of last 8 quartersFirst seen 2026-05-04
    Show history (3)
    • 2026-Q2Multiple sources

      For fiscal year 2026, the Company expects net sales in the range of $38.9 billion to $40.4 billion.

    • 2026-Q1Multiple sources

      For fiscal year 2026, the Company expects net sales of at least $40.0 billion.

    • 2025-Q4Multiple sources

      With a rapidly expanding order book, including more than $13B in Blackwell Ultra orders, we expect at least $36 billion in revenue for fiscal year 2026.

  • #2

    Expand order book with Blackwell Ultra

    GrowthNew since 2026-05-04

    Focus on expanding the order book, particularly with Blackwell Ultra products.

    Watch

    Newly stated in 2025-Q4. The order book expansion with Blackwell Ultra is highlighted by management, but no specific financial updates or new contracts were disclosed in the latest quarter, indicating limited substantive delivery so far.

    No score
    CEO/CFO:With a rapidly expanding order book, including more than $13B in Blackwell Ultra orders.
    Multiple sourcesSource dated 2025-11-04Stated 1 of last 8 quartersFirst seen 2026-05-04provisional
    Show history (1)
    • 2025-Q4Multiple sources

      With a rapidly expanding order book, including more than $13B in Blackwell Ultra orders.

  • #3

    Maintain positive EPS guidance

    GrowthNew since 2026-05-04

    Ensure EPS guidance remains positive and aligns with market expectations.

    On trackMixed

    Stated in 3 of last 3 quarters. EPS increased from $0.26 in 2026-Q1 to $0.6 in 2026-Q2, reflecting management's commitment to maintaining positive EPS guidance. The trajectory is delivering on this priority, aligning with guidance expectations.

    65%
    CEO/CFO:Non-GAAP net income per diluted share of $0.65 to $0.79.
    Multiple sourcesSource dated 2026-05-05Stated 3 of last 8 quartersFirst seen 2026-05-04
    Show history (3)
    • 2026-Q2Multiple sources

      Non-GAAP net income per diluted share of $0.65 to $0.79.

    • 2026-Q1Multiple sources

      GAAP net income per diluted share of at least $0.52 and non-GAAP net income per diluted share of at least $0.60.

    • 2025-Q4Multiple sources

      non-GAAP net income per diluted share of $0.46 to $0.54.

as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
80higher = cheaper

Looks cheaper than most peers in the same business.

Compared to its own history
89higher = cheaper

Cheaper than its own typical valuation.

P/E
15.3x
EV/EBITDA
17.8x
FCF yield
-29.4%

P/E over the last 5 years

71 monthly points
inexpensiveas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
SMCI
Supermicro
+18inexpensivehigh
NVDA
NVIDIA Corporation
+20fullmoderate
AAPL
Apple Inc
+19fullmoderate
MSFT
Microsoft
+27fairelevated
AVGO
Broadcom
+11expensiveelevated
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
2.9%
A bad day (95th %ile)
A rough but not unusual down day.
-6.6%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-66.2%
Earnings-day move
How much price usually moves on earnings day.
highas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If information_technology sector trend rises from +0.08 into 'improving' (>= +0.20)+5.0 pts
  • If next-quarter guidance is raised (currently NEW as of 2026-05-05)+4.0 pts
Downside triggers
  • If next-quarter guidance is cut (currently NEW as of 2026-05-05)-8.0 pts
  • If rates state reverses from -0.37 (negative) to +0.37 (positive)-7.3 pts
  • If information_technology sector trend falls from +0.08 into 'weakening' (<= -0.20)-5.0 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-05-053d agoItem 2.02

    of this report, including Exhibit 99.1, are being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and are not to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language contained in such filing, unless otherwise expressly stated in such filing.

    earnings preannouncementpositivescore 68
  2. 2026-04-2018d agoItem 5.02

    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers At the Annual Meeting of Stockholders of Super Micro Computer, Inc. (the “Company”) held on April 15, 2026 (the “Annual Meeting”), the stockholders of the Company, upon recommendation of the Company’s Board of Directors (the “Board”), approved the further amendment and restatement of the Super Micro Computer, Inc. 2020 Equity and Incentive Compensat…

    executive changeneutralscore 37
  3. 2026-03-201mo agoItem 5.02

    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensation Arrangements of Certain Officers On March 19, 2026, Super Micro Computer, Inc. (the “Company”) issued a press release providing a statement regarding the U.S. Attorney’s Office for the Southern District of New York unsealing an indictment of three individuals associated with the Company in connection with an alleged conspiracy to commit export-control violations. The individuals ch…

    executive changeneutralscore 18
  4. 2026-02-033mo agoItem 2.02

    of this report, including Exhibit 99.1, are being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and are not to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language contained in such filing, unless otherwise expressly stated in such filing.

    earnings preannouncementpositivescore 8
  5. 2026-01-293mo agoItem 1.01

    Entry into a Material Definitive Agreement Amendment to the Credit Agreement On January 26, 2026, Super Micro Computer, Inc, a Delaware corporation (the “Company”) entered into Amendment #1 (the “Amendment”) to the Credit Agreement (as amended and as it may be restated, supplemented and/or otherwise modified from time to time, the “Credit Agreement”) dated December 29, 2025 by and among the Company as the lead borrower, the additional borrowers from time to time party thereto, the various fin…

    capital allocationneutralscore 7
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-02-06 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.