Super Micro Computer, Inc. — Intrinsic Value & Fair Price

SMCI

NASDAQTechnologyComputer HardwareCIK 0001375365supermicro.comAbout SMCI

Last close · Oct 16, 202631.63−3.46 (−9.86%)

Market cap$20.8B

Model value

—

Supermicro closed at $31.63; the models produced no usable figure for this snapshot.

No model could give SMCI a usable value.

Other models

27.72 – 98.21

Wall St. target

42.00 25% below

Below model, 1y

20 of 20 days

Price and model value

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What the marks mean

Daily close

Valuation models

price $31.63 · as of Oct 17, 2026

No headline model value. No model that could stand for an approach returned a value inside the sanity band around the price, so there is no one number. Each model's result is still shown below.

DCF · Perpetuity growth · 5y47.47 – 145.1573.8457% undervalued DCF · Perpetuity growth · 10y56.67 – 174.7988.5764% undervalued P/E · own history64.27 – 99.2178.1660% undervalued PEG—98.2168% undervalued Earnings power value24.78 – 31.6227.7214% overvalued Wall St. consensus target—42.0025% below Cost of capital (WACC)—10.57%—

How we value a stock walks through every input.

engine pkg:0.1.0

Research on SMCI

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How it is valued

Valued asHigh growth

High revenue growth (~61% recent)Moderate margins (6% net margin)Moderately volatile earningsNegative free cash flow

What growth the price implies: the reverse DCF

Key figures

FY2026 · chosen for high-growth companies

Price / sales

0.5×

Revenue growth

77.8%

Gross margin

10.8%

Operating margin

7.1%

FCF margin

-17.8%

EV / EBITDA

5.9×

On the lists: #15 Lowest P/E

Full financials

Superinvestors

13F · Q2 2026

BridgewaterBridgewater Associates, LP$2.4M

All 1 holders

Analyst actions

third-party, quoted

10-06Mizuho Securities · target43.00

08-13Bernstein · target42.00

08-12Raymond James · target48.00

05-06CJS Securities · “Market Perform” from “Market Underperform”upgrade

Ratings, targets and estimates

Recent

filings, insider trades and key news

10-158-K · 5.02Departure/Election of Directors or Officers 10-088-K · 5.02Departure/Election of Directors or Officers 10-07Form 4 · SLiu Liang Chiu-Chu Sara · 100,000 sh@ 45.02 10-07Form 4 · SLiang Charles · 100,000 sh@ 45.02 09-04Form 4 · SLiang Charles · 100,000 sh@ 40.00 09-03Form 4 · SLiang Charles · 42,565 sh@ 36.60

100 filings · 40 insider transactions

Comparable companies

by business, not by industry label

DELLDell Technologies HPEHewlett Packard Enterprise JBLJabil FLEXFlex NTAPNetApp CSCOCisco

1 more company lists SMCI as a comparable

ANETArista Networks

Side by side:vs DELL

The weekly

One email a week across every stock we cover: 13F filings, insider trades, earnings and new research. It covers the whole market, not just SMCI. No account.

About Supermicro

Super Micro Computer, Inc., together with its subsidiaries, develops and sells server and storage solutions based on modular and open-standard architecture in the United States, Asia, Europe, and internationally. The company provides liquid and air-cooled AI servers for training and inferencing with integrated graphics processing units (GPUs) or PCIe based architectures; SuperBlade, MicroBlade, FlexTwin, GrandTwin, and BigTwin blade and multi-node systems; SuperStorage systems; Hyper, CloudDC, and WIO and rackmount systems; embedded (5G/IoT/Edge) systems; and MicroCloud server systems. It also offers workstations and networking devices; and modular server subsystems and accessories, including server boards, chassis, power supplies, and other accessories. In addition, the company provides remote system management solutions, such as Server Management suite comprising Supermicro Server Manager, Supermicro Power Management software, Supermicro Update Manager, SuperCloud Composer, and SuperDoctor 5. Further, the company identifies service requirements; creates and executes project plans; conducts verification testing; offers training; and provides technical documentation. Additionally, it offers rack level services from design to deployment for full rack and cluster level deployments of AI and HPC datacenters; help desk services and on-site product support; and warranties, maintenance, and technical support services. The company serves enterprise data centers, cloud computing, artificial intelligence, 5G, and edge computing markets through direct and indirect sales force, distributors, value-added resellers, system integrators, and original equipment manufacturers. Super Micro Computer, Inc. was incorporated in 1993 and is headquartered in San Jose, California.

CEO: Charles Liang
Headquarters: San Jose, CA
Employees: 7,000
IPO: 2007-03-28

Full company profile

Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; the formulas are in how we value a stock.