Super Micro Computer (SMCI) Could Be 27% Overvalued On $60b Of New AI Orders

Simply Wall St.08-10 00:24

Super Micro Computer (SMCI) has drawn fresh attention after reporting more than US$60b in new AI focused orders in a single quarter, lifting its backlog to record levels while the stock trades near US...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2658670496?lang=en_US&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/company-cover/6479558-main-header/1585188902910","is_english":true,"pubTime":"2026-08-10 00:24","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2658670496","market":"sg","top_or_hot":-1,"title":"Super Micro Computer (SMCI) Could Be 27% Overvalued On $60b Of New AI Orders","media":"Simply Wall St.","content":"<div>\n<p>Super Micro Computer (SMCI) has drawn fresh attention after reporting more than US$60b in new AI focused orders in a single quarter, lifting its backlog to record levels while the stock trades near US...</p>\n\n<a href=\"https://simplywall.st/stocks/us/tech/nasdaq-smci/super-micro-computer/news/super-micro-computer-smci-could-be-27-overvalued-on-60b-of-n\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Super Micro Computer (SMCI) Could Be 27% Overvalued On $60b Of New AI Orders</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSuper Micro Computer (SMCI) Could Be 27% Overvalued On $60b Of New AI Orders\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-08-10 00:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/us/tech/nasdaq-smci/super-micro-computer/news/super-micro-computer-smci-could-be-27-overvalued-on-60b-of-n><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Super Micro Computer (SMCI) has drawn fresh attention after reporting more than US$60b in new AI focused orders in a single quarter, lifting its backlog to record levels while the stock trades near US...</p>\n\n<a href=\"https://simplywall.st/stocks/us/tech/nasdaq-smci/super-micro-computer/news/super-micro-computer-smci-could-be-27-overvalued-on-60b-of-n\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://simplywall.st/stocks/us/tech/nasdaq-smci/super-micro-computer/news/super-micro-computer-smci-could-be-27-overvalued-on-60b-of-n","article_id":"2658670496","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/company-cover/6479558-main-header/1585188902910"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/us/tech/nasdaq-smci/super-micro-computer/news/super-micro-computer-smci-could-be-27-overvalued-on-60b-of-n","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2658670496","pubTimestamp":1786292659,"columns":[],"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"Super Micro Computer (SMCI) has drawn fresh attention after reporting more than US$60b in new AI focused orders in a single quarter, lifting its backlog to record levels while the stock trades near US$31.\nSee our latest analysis for Super Micro Computer.\nAgainst this backdrop of record AI orders, Super Micro Computer’s recent share price moves tell a mixed story. The stock is up 5.96% on a 1 day basis and has a 30 day share price return of 9.96%. However, the 1 year total shareholder return...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","SMCI":"超微电脑","SMCZ":"2倍做空SMCI ETF-Defiance","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","SMCC":"2倍做多SMCI ETF-Corgi","BK4585":"ETF&股票定投概念","SMYY":"GraniteShares YieldBOOST SMCI ETF","LU0053671581.USD":"摩根大通美国小盘成长股 A(dist)","BK4170":"电脑硬件、储存设备及电脑周边","SMCX":"2倍做多SMCI ETF-Defiance","BK4543":"AI","LU1861215975.USD":"贝莱德新一代科技基金 A2","SMCY":"SMCI期权收益策略ETF-YieldMax","SMCL":"2倍做多SMCI ETF-Graniteshares"},"translate_title":"超级微型计算机 (SMCI) 的新人工智能订单可能被高估 27%","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/54eaf74248a399b38a731f783709d466","symbols_score_info":{"SMCZ":0.6,"SMCI":1.97,"SMYY":0.6,"SMCL":0.6,"SMCY":0.6,"SMCC":0.6,"SMCX":0.6},"content_text":"Super Micro Computer (SMCI) has drawn fresh attention after reporting more than US$60b in new AI focused orders in a single quarter, lifting its backlog to record levels while the stock trades near US$31. See our latest analysis for Super Micro Computer. Against this backdrop of record AI orders, Super Micro Computer’s recent share price moves tell a mixed story. The stock is up 5.96% on a 1 day basis and has a 30 day share price return of 9.96%. However, the 1 year total shareholder return has declined 30.20% even after a very large 5 year total shareholder return that is around 7x. If you are weighing Super Micro Computer’s AI order momentum, it can also help to scan a wider set of AI infrastructure opportunities and compare business models side by side using the 56 AI infrastructure stocks Super Micro Computer’s backlog and new AI rack products point to a company busy building out real infrastructure, while the share price still reflects worry about order quality, equity issuance and execution. How does that balance appear in today’s valuation? AdvertisementMost Popular Narrative: 27.1% Overvalued According to the most followed narrative on Super Micro Computer, the fair value sits at $24.50 compared with a last close of $31.13, which points to a material gap that investors are trying to explain.  At around $27 a share, SMCI does not look like a simple bargain. It looks more like a risky recovery bet that depends on both the legal situation and the company’s ability to keep performing well. The current price may be about fair if the company avoids more serious legal trouble and manages to grow sales while improving profits.  Read the complete narrative. Want to see how this Super Micro Computer narrative gets to its fair value range? The key ingredients are specific revenue growth paths, margin rebuild assumptions and a future earnings profile that splits sharply across two legal outcomes. Result: Fair Value of $24.50 (OVERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, Super Micro Computer still faces meaningful legal and customer concentration risks. These could quickly change sentiment if investigations widen or a major buyer pulls back. Find out about the key risks to this Super Micro Computer narrative. Another View: Super Micro Computer Looks Cheap on Earnings The first narrative framed Super Micro Computer as around 27.1% overvalued based on a fair value range near $24.50. Yet on simple earnings metrics, SMCI trades at a P/E of 16.1x compared with 22.8x for the global tech industry and 55.3x for peers, while the fair ratio model points to 44.9x. That gap suggests the market is pricing in a lot of risk. Could it also be leaving room for positive surprise if some of those risks ease? See what the numbers say about this price — find out in our valuation breakdown. NasdaqGS:SMCI P/E Ratio as at Aug 2026Next Steps After all this mixed sentiment around Super Micro Computer, it makes sense to move quickly, review the numbers yourself and decide what really matters for your approach by weighing these 4 key rewards and 4 important warning signs Looking for more investment ideas beyond Super Micro Computer? If Super Micro Computer has sharpened your focus on where capital works hardest, do not stop here. Put the Simply Wall Street Screener to work and keep your shortlist fresh.  Hunt for quality at a discount by scanning 52 high quality undervalued stocks that pair stronger balance sheets with pricing that still looks restrained. Strengthen your income stream by reviewing 8 dividend fortresses that combine higher yields with business models focused on ongoing payouts. Dial down volatility and stress test your portfolio using 83 resilient stocks with low risk scores that currently carry lower overall risk scores.   This article by Simply Wall St is general in nature. We provide commentary based on historical data\n        and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your\n        financial situation. We aim to bring you long-term focused analysis driven by fundamental data.\n        Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.\n        Simply Wall St has no position in any stocks mentioned.New: Manage All Your Stock Portfolios in One PlaceWe've created the ultimate portfolio companion for stock investors, and it's free.• Connect an unlimited number of Portfolios and see your total in one currency• Be alerted to new Warning Signs or Risks via email or mobile• Track the Fair Value of your stocksTry a Demo Portfolio for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2658670496","isCrawlerRequest":true}