Super Micro Computer, Inc. (SMCI)
NASDAQ: SMCI · IEX Real-Time Price · USD
837.17
+24.85 (3.06%)
At close: Jul 2, 2024, 4:00 PM
836.44
-0.73 (-0.09%)
After-hours: Jul 2, 2024, 7:59 PM EDT
Super Micro Computer Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for SMCI stock have an average target of 999.5, with a low estimate of 250 and a high estimate of 1,500. The average target predicts an increase of 19.39% from the current stock price of 837.17.
Analyst Consensus: Buy
* Price targets were last updated on May 1, 2024.
Analyst Ratings
The average analyst rating for SMCI stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 4 | 5 | 5 | 5 | 5 |
| Buy | 2 | 2 | 3 | 3 | 3 | 3 |
| Hold | 1 | 2 | 3 | 4 | 4 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 9 | 12 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Maintains $960 → $890 | Hold | Maintains | $960 → $890 | +6.31% | May 1, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $937 → $800 | Hold | Maintains | $937 → $800 | -4.44% | May 1, 2024 |
| Wedbush | Wedbush | Hold Maintains $530 → $800 | Hold | Maintains | $530 → $800 | -4.44% | May 1, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $1,300 | Strong Buy | Maintains | $1,300 | +55.29% | May 1, 2024 |
| Wedbush | Wedbush | Hold Reiterates $530 | Hold | Reiterates | $530 | -36.69% | Apr 24, 2024 |
Financial Forecast
Revenue This Year
15.23B
from 7.12B
Increased by 113.84%
Revenue Next Year
24.55B
from 15.23B
Increased by 61.18%
EPS This Year
24.34
from 11.43
Increased by 112.97%
EPS Next Year
34.92
from 24.34
Increased by 43.46%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 16.0B | 29.7B | 39.2B | 33.4B | 20.7B | 24.8B |
| Avg | 15.2B | 24.6B | 29.5B | 32.4B | 20.1B | 24.1B |
| Low | 14.4B | 20.8B | 24.3B | 31.2B | 19.3B | 23.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 123.9% | 94.7% | 59.7% | 13.3% | -36.2% | 23.5% |
| Avg | 113.8% | 61.2% | 20.0% | 10.0% | -38.1% | 20.0% |
| Low | 102.4% | 36.4% | -0.8% | 5.7% | -40.5% | 15.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 25.62 | 40.81 | 57.57 |
| Avg | 24.34 | 34.92 | 43.99 |
| Low | 22.83 | 25.24 | 34.06 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 124.2% | 67.7% | 64.9% |
| Avg | 113.0% | 43.5% | 26.0% |
| Low | 99.8% | 3.7% | -2.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.