Super Micro Computer Earnings Preview: Analyst Insights And Expectations

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Zinger Key Points
  • SMCI’s Q4 earnings report is due on August 6th, with expectations of robust financial performance.
  • Shares of SMCI are down 8.51% to $615, amidst anticipation of strong earnings and positive trends in server demand.
  • Get Wall Street's Hottest Chart Every Morning

Super Micro Computer Inc. SMCI shares are trading lower Friday. The company is set to release its forth-quarter earnings report on Tuesday August 6th, after the market close.

What To Know: Analysts are predicting strong results with an estimated earnings per share (EPS) of $8.20 and revenue of $5.294 billion.

Wedbush analyst Matt Bryson has reiterated a Neutral rating for SMCI, maintaining a price target of $800. This target is based on a price-to-earnings (PE) ratio of approximately 20x applied to Fiscal-Year 2025 estimates, factoring in the company's debt and cash. Although this multiple is higher than SMCI's historical average, it possibly shows optimism about long-term AI growth prospects.

Management has set ambitious sales targets for forth-quarter, lifting annual revenue expectations following the third-quarter. The company also saw positive demand trends for H100 and H100 servers throughout second-quarter.

SMCI Price Action: Super Micro Computer Shares were down by 7.13% at $624.34 according to Benzinga Pro.

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