SUPER MICRO COMPUTER, INC.
At today's price, SUPER MICRO COMPUTER, INC. (SMCI) is priced for +13.1% growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
• Super Micro ships AI infrastructure at rack-cluster scale (⟦"entire clusters of racks, with both liquid-cooled and air-cooled options"⟧ per its 10-K, accession 0001375365-25-000027), and the March quarter's $10.2 billion in sales more than doubled the prior year with gross margin recovering to 9.9%. • The biggest risk is the combination the filing itself flags: concentrated customers, extended payment terms, and single-digit margins, financed by about $3.4 billion of net debt and negative cas
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682 institutional managers reported holding SMCI in 13F filings for the quarter ended 2026-03-31. Together they hold about 49% of the company; the top 10 hold 29%. 83 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 96.2M shares were sold short as of the 2026-06-15 count, about 14% of shares outstanding (1.2 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
SMCI's share count grew 18.2% over the past five years even with $150.00M spent on repurchases. It pays no dividend.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at SMCI over the trailing three years: 2023: 2 buys totaling $1.06M; 2024: 1 buy totaling $1.14M. 15 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
SMCI's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-02-04 | +10.5% | +19.4% |
| 2023-05-06 | +27.4% | +89.5% |
| 2023-08-29 | -24.7% | -8.4% |
| 2023-11-04 | +2.7% | +14.6% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
SMCI's latest 8-K filings: 2026-06-15 (items 1.01, 3.03, 5.03, 9.01); 2026-06-12 (items 1.01, 7.01, 9.01); 2026-06-09 (items 8.01, 9.01); 2026-05-18 (items 5.02, 9.01); 2026-05-05 (items 2.02, 9.01).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: July 11, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.