Super Micro Computer Likely To Report Lower Q4 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Core Insights - Super Micro Computer, Inc. is set to release its fourth-quarter earnings results on August 5, with analysts expecting earnings of 44 cents per share, a decrease from 62 cents per share in the same quarter last year [1] - The company anticipates quarterly revenue of $5.91 billion, an increase from $5.31 billion year-over-year [1] Company Performance - The upcoming earnings results are viewed as a crucial indicator of Super Micro Computer's ability to adapt in a challenging environment for AI hardware suppliers [2] - The company's stock rose by 2.8%, closing at $58.23 on the preceding Monday [2] Analyst Ratings - Wedbush analyst Matt Bryson has a Neutral rating with a price target of $30 [7] - JP Morgan analyst Samik Chatterjee maintains a Neutral rating, raising the price target from $35 to $46 [7] - Citigroup analyst Asiya Merchant also holds a Neutral rating, increasing the price target from $37 to $52 [7] - B of A Securities analyst Ruplu Bhattacharya initiated coverage with an Underperform rating and a price target of $35 [7] - Mizuho analyst Vijay Rakesh maintains a Neutral rating, raising the price target from $40 to $47 [7]