{
  "id": 18116993,
  "title": "Mizuho cuts Super Micro Computer stock price target on competition",
  "url": "https://urgent.news/2026/11/04/mizuho-cuts-super-micro-computer-stock-price-target-on-competition",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-04T11:58:56.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/mizuho-cuts-super-micro-computer-stock-price-target-on-competition-93CH-4998707"
  },
  "original_language": "en",
  "account": "Mizuho Securities reduced its price target on Super Micro Computer (SMCI) shares from $43 to $36 while keeping a neutral rating. The stock, currently trading at $31.39, is deemed undervalued according to InvestingPro's fair value analysis, which suggests substantial upside potential. Super Micro Computer reported impressive September quarter revenue of $19.9 billion, exceeding estimates of $15.0 billion. The company also increased its December quarter revenue guidance to $20.5 billion, surpassing the consensus estimate of $16.5 billion. Gross margins showed a decline, with Q3 gross margin at 12.8%, down 480 basis points from the previous quarter, and expected to be around 12.3% in Q4, a drop of roughly 55 basis points. The AI mix grew to 71% in Q3, with expectations to reach 75% in fiscal 2027. Despite strong revenue growth of 78%, the company faces profitability challenges with a gross profit margin of just 10.82% over the last twelve months. Super Micro Computer has raised its fiscal 2027 revenue guidance to $77 billion, up from the prior estimate of $68.5 billion. The firm attributes this growth to record backlogs and supply constraints. The company cited competition and supply challenges, which could have a positive impact on Dell Technologies, which Mizuho rates as an Outperform with a $650 price target, ahead of Dell's November 24 earnings.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}