SMCI Stock Forecast: Q2 2026 Earnings In Focus
Super Micro Computer is a US-listed technology company that designs and manufactures high-performance servers and storage systems, with revenues increasingly linked to global AI and data-centre investment trends. Explore third-party SMCI price targets and technical analysis.
Super Micro Computer, Inc (SMCI) – also called ‘Supermicro’ – is trading around $32.69 as of 3:58pm UTC on 20 February 2026, moving within an intraday range of $29.51–$32.82 during the session. Past performance is not a reliable indicator of future results.
The stock is trading amid elevated interest in AI-focused server manufacturers after the company recently reported quarterly revenue of about $12.7bn, representing more than 120% year-on-year growth driven by demand for AI data-centre solutions (SMCI, 3 February 2026). At the same time, broader US equities trade near recent highs, with the S&P 500 around 6,861.9 and technology-sector benchmarks outperforming on the day (Nasdaq, 19 February 2026).
Super Micro Computer stock forecast 2026–2030: Third-party price targets
As of 20 February 2026, third-party Super Micro Computer stock predictions outline a range of 12-month views broadly clustered around the low-to-mid-$40s, spanning lower single-broker targets and higher scenarios linked to AI infrastructure demand. Predictions and third-party forecasts are frequently inaccurate, as they cannot account for unforeseen market developments.
Goldman Sachs (broker target)
Goldman Sachs reiterates a 12-month SMCI stock forecast of $27 with a sell rating, citing ongoing margin pressure and intense competition in the AI server market following the company’s fiscal Q2 2026 results . The bank said it remained cautious, noting that weaker gross margins and customer concentration offset stronger-than-expected revenue growth and an upgraded revenue outlook tied to AI infrastructure demand (Investing.com, 4 February 2026).
Barclays (broker target)
Barclays sets a 12-month SMCI price target of $38 with an equal-weight stance in a note, indicating potential upside from then-prevailing levels while balancing this against valuation and execution risks. The broker states that recent earnings and revenue momentum underpinned the target, as AI-driven demand supported top-line growth, while concerns around margins and exposure to a limited number of large customers remained (Financial Modeling Prep, 4 February 2026).
MarketBeat (consensus snapshot)
MarketBeat reports that Super Micro Computer carries a consensus rating of Hold with a consensus 12-month price target of $43.43 across contributing Wall Street analysts. The site adds that five analysts rated the stock Buy, eight rated it Hold and two rated it Sell, as they weighed rapid AI-related revenue growth against questions over margin sustainability and competitive pressures in data-centre hardware (MarketBeat, 19 February 2026).
Yahoo Finance (consensus summary)
Yahoo Finance notes that SMCI was trading about 35% below the average analyst 12-month price target of $41.31 at that time of writing, based on forecasts from 19 covering analysts. The report says this gap reflected a mix of bullish and cautious views, with analysts incorporating strong AI-driven sales growth alongside share price volatility and uncertainty around longer-term profitability trends (Yahoo Finance, 17 February 2026).
Public.com (consensus overview)
Public.com indicated that 14 analysts covering SMCI assigned a consensus rating of Hold with an average 12-month price target of $44.36. The platform highlights that the aggregated view blended ratings across the Strong Buy–Strong Sell spectrum, as analysts factored in robust AI server demand while remaining mindful of margin dynamics and broader market conditions (Public.com, 19 February 2026).
TIKR (valuation model target)
TIKR reports that its internal valuation model assigns SMCI a target price of $59.15, implying a significant percentage difference from the stock’s quoted level at the time of analysis. The article states that this model outcome reflected assumptions around continued AI data-centre growth and Super Micro Computer’s positioning in high-performance server platforms, while acknowledging execution and margin-profile risks (TIKR, 20 February 2026).
Predictions and third-party forecasts are inherently uncertain, as they cannot fully account for unexpected market developments. Past performance is not a reliable indicator of future results.
SMCI stock price: Technical overview
On the daily chart, the SMCI stock price is holding above its short-term moving-average cluster, with the 20/50/100/200-day moving averages around 31 / 31 / 38 / 42, while the last price near $32.69 as of 3:58pm UTC on 20 February 2026 sits modestly above the shorter-dated band. The 14-day RSI, around 54, sits in the mid-neutral zone, and the ADX near 13 points to a weakly defined trend, consistent with consolidation rather than a strong directional move. The shorter-dated SMAs and EMAs are broadly aligned around 31–32, while the 100- and 200-day SMAs near 38–42 mark a higher longer-term reference zone.
On the topside, the first area to watch is the classic R1 pivot near 32.58; a sustained daily close above this level would place the R2 region around 36.05 in focus as the next potential resistance band. On pullbacks, initial support sits near the classic pivot around 30.17. A clear break below this level could open the way towards the S1 area near 26.70, while the 100-day SMA in the high-$30s remains an additional reference point on the chart (TradingView, 20 February 2026).
This technical analysis is for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any instrument.
Super Micro Computer share price history (2024–2026)
SMCI’s stock price has experienced a pronounced round trip over the past two years, moving from double-digit levels into the low triple digits before returning to the low-$30s by 20 February 2026. The stock traded below $25 in mid-November 2024, then accelerated higher into early 2025, peaking near $119 in March and holding above $100 for part of that month before easing. By late February 2025, SMCI closed in the high-$50s to low-$60s. After another volatile stretch through mid-2025 – including a brief move above $60 in July and August – the price trended lower into year-end, finishing 2025 just above $29.
So far in 2026, SMCI has traded in a more contained range, mostly between $28 and $35. The share price closed at $32.77 on 20 February 2026, leaving it modestly above late-December 2025 levels but still well below the peaks recorded in early 2025. This historical overview is for informational purposes only and does not constitute financial advice.
Past performance is not a reliable indicator of future results.
Super Micro Computer (SMCI): Capital.com analyst view
Super Micro Computer’s share price has shown elevated volatility over the past two years, rising from below $30 to triple-digit highs in early 2025 before retracing towards the low-$30s by February 2026. This path reflects shifting expectations around AI-related server demand, changes in risk appetite across growth and technology shares, and company-specific developments. Sharp rallies have often been followed by equally pronounced pullbacks as market participants reassessed valuations and earnings momentum. More recently, consolidation in the $28–$35 range suggests that the market is weighing earlier growth assumptions against margin pressures, competitive dynamics and broader macroeconomic conditions.
Looking ahead, SMCI’s price may remain sensitive to updates on AI data-centre spending, quarterly results and forward guidance, as well as the broader backdrop for higher-growth technology shares. Stronger-than-expected revenue or margin trends could support renewed interest, while weaker execution, softer demand or further margin compression could weigh on the share price. As with any single stock, concentration risk and event-driven volatility are relevant considerations. Traders using derivatives such as CFDs often consider position sizing, diversification and risk-management tools when gaining exposure to shares with a history of sharp price movements.
Capital.com’s client sentiment for Super Micro Computer CFDs
As of 20 February 2026, Capital.com client positioning in Super Micro Computer CFDs is highly skewed, with buyers at 98.2% and sellers at 1.8%. This reflects a pronounced long bias, with buyers ahead by approximately 96.4 percentage points. This snapshot reflects open positions on Capital.com and can change over time.
Summary – Super Micro Computer 2026
- As of 3:58pm UTC on 20 February 2026, Super Micro Computer was trading near $32.69, well below its triple-digit highs recorded in early 2025 after a significant round trip.
- Over the past two years, the share price has moved from below $25 to highs near $119 before returning to a tighter $28–$35 range.
- Daily technical indicators show the price holding just above a short-term moving-average cluster in the low-$30s, with RSI in neutral territory and trend strength relatively weak.
- SMCI remains sensitive to AI data-centre spending trends, quarterly results and revenue guidance, which may influence price direction depending on how expectations evolve.
- Recent coverage has focused on fiscal Q2 2026 results, quarterly revenue of about $12.7bn and an upgraded full-year revenue outlook to at least $40bn, alongside ongoing margin compression.
Past performance is not a reliable indicator of future results.
FAQ
Who owns the most Super Micro Computer stock?
Public filings show that Super Micro Computer’s largest shareholders generally comprise a mix of institutional investors, such as asset managers and investment funds, alongside company insiders including executives and board members. Institutional ownership often represents a significant proportion of total shares outstanding, reflecting professional investors’ exposure to the stock. Ownership structures can shift over time as funds rebalance portfolios or insiders adjust their holdings, so investors typically review the most recent regulatory filings for up-to-date information.
What is the 5-year Super Micro Computer share price forecast?
There is no single, reliable five-year SMCI stock forecast. Most published analyst targets focus on 12-month horizons, and even these can differ materially. Longer-term projections depend on factors such as AI data-centre spending, competitive dynamics, margin trends and broader market conditions. Over extended periods, underlying assumptions may change, and unforeseen developments can influence outcomes, which makes long-term forecasts inherently uncertain.
Is Super Micro Computer a good stock to buy?
Whether Super Micro Computer is considered a ‘good’ stock depends on an individual’s objectives, risk tolerance and investment horizon. The company has reported strong revenue growth linked to AI infrastructure demand, but it has also faced margin pressure and competitive risks. The share price has exhibited significant volatility in recent years. Investors often weigh growth prospects against profitability trends and risk exposure before making decisions. This information is provided for general educational purposes and does not constitute investment advice.
Could Super Micro Computer stock go up or down?
Super Micro Computer’s share price can move in either direction, sometimes over short timeframes. Updates on quarterly earnings, revenue guidance, AI-related demand and broader technology-sector sentiment have influenced past price movements. Macroeconomic developments, shifts in risk appetite and company-specific news may also affect volatility. As historical performance illustrates, both upward and downward moves are possible, and future price movements are not guaranteed in any direction.
Should I invest in Super Micro Computer stock?
Deciding whether to invest in Super Micro Computer involves assessing your financial situation, objectives and tolerance for volatility. The stock has experienced substantial price swings, and future performance will depend on company execution, industry trends and wider market conditions. Some investors may view exposure as part of a growth-oriented strategy, while others may focus more closely on the associated risks. You may wish to conduct independent research or seek independent financial advice before making any investment decision.
Can I trade Super Micro Computer CFDs on Capital.com?
Yes, you can trade Super Micro Computer CFDs on Capital.com. Trading share CFDs lets you speculate on price movements without owning the underlying asset and to take long or short positions. However, contracts for difference (CFDs) are traded on margin, and leverage amplifies both profits and losses. You should ensure you understand how CFD trading works, assess your risk tolerance, and recognise that losses can occur quickly.