Emotions Ran Wild After Super Micro (SMCI) Shared Its Preliminary FY 2025 Q3 Results

Super Micro Computer (NASDAQ:SMCI) is set to report its third-quarter Fiscal Year 2025 earnings on Tuesday, May 2.

Ahead of the report, analysts at Wolfe Research anticipate that the company will miss expectations on both the top and bottom lines. They also expect a slight decrease in adjusted earnings per share (EPS) for the quarter.

Despite the anticipated earnings miss, Wolfe Research remains optimistic about Super Micro's long-term prospects. The analysts highlight the company's strong execution in a challenging macroeconomic environment. They also note that Super Micro is well-positioned to benefit from the rapidly growing demand for artificial intelligence (AI).

In its previous earnings report, Super Micro's second-quarter results exceeded expectations, and the company raised its full-year revenue outlook. The company's shares have surged in recent months, largely driven by optimism surrounding the potential of AI to drive a new wave of technology adoption.

As Super Micro prepares to report its third-quarter earnings, investors will be closely monitoring the company's financial performance and any updates on its key initiatives. Any signs of weakness in the company's earnings or revenue could lead to disappointment among investors who have high hopes for Super Micro in the year ahead.

According to TipRanks' data, SMCI is rated Hold by the newest generation of Top Rated Stock Analysts, with an average 12-month price target of $43.00, which presents a nearly 30% upside potential from the last price.