Super Micro Computer System, Inc (NASDAQ: SMCI) published weaker-than-expected first-quarter 2026 revenues report after Tuesday’s closing bell.
Super Micro Computer system reported quarterly revenues of 35 cents per share, which missed out on the expert agreement price quote of 40 cents. Quarterly earnings was available in at $5.01 billion, which missed out on the expert agreement price quote of $5.99 billion and was below earnings of $5.93 billion from the exact same duration in 2015.
Super Micro is trying to find second-quarter adjusted EPS of 46 cents to 54 cents, versus the 61 cent expert price quote, and anticipates earnings in a series of $10 billion to $11 billion, versus the $7.82 billion price quote.
Super Micro shares fell 6.6% to close at $47.40 on Tuesday.
These experts made modifications to their rate targets on Super Micro following revenues statement.
- Needham expert N. Quinn Bolton preserved Super Micro Computer system with a Buy and reduced the rate target from $60 to $51.
- Mizuho expert Vijay Rakesh preserved the stock with a Neutral and reduced the rate target from $50 to $45.
Thinking about purchasing SMCI stock? Here’s what experts believe:
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