SMCI

Super Micro Computer, Inc.

Technology · $26.9B market cap

Verdict

Share price

$43.69

close of Oct 3, 2026

Fair value

$50.01

Sticker Price

Payback Price

$20.00

buy price

Undervalued

SMCI is Undervalued: at $43.69 it trades 13% below its fair value of $50.01. Its buy price (Payback Price) is $20.00, 54% below today's price. Business quality is strong: all 5 key numbers clear the 10% bar.

How we valued it

Buffett Normalized. A profitable, growing business, so we project its earnings 10 years ahead and work out what that is worth today.

Business quality

5 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth38.3% a year✓
Equity per share growth50.3% a year✓
Sales growth36.5% a year✓
Free cash flow growth36.4% a year✓
Return on invested capital10.9%✓

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Insider activity

Since Jun 17, 2026: no open-market purchases, 6 sales worth $15.4M and 93 other filings (stock awards, tax withholding and similar). Why purchases matter

Sales

Other filings

Xiao Jin

Sr. Corporate VP, Engineering · 2026-08-27

Award

2,112 shares

Malyala Vikranth

SVP, Chief Business Officer · 2026-08-27

Award

8,060 shares

WEIGAND DAVID E

SVP, Chief Financial Officer · 2026-08-27

Award

24,093 shares

Cheung Kenneth

SVP, Chief Accounting Officer · 2026-08-17

Tax withholding

$31K

Cheung Kenneth

SVP, Chief Accounting Officer · 2026-08-17

Option exercise

2,250 shares

Show all 93 other filings

Liu Liang Chiu-Chu Sara

director · 2026-08-17

Tax withholding

$75K

Liu Liang Chiu-Chu Sara

director · 2026-08-17

Option exercise

3,650 shares

Liang Charles

President and CEO · 2026-08-17

Tax withholding

$75K

Liang Charles

President and CEO · 2026-08-17

Option exercise

3,650 shares

Malyala Vikranth

SVP, Chief Business Officer · 2026-08-17

Tax withholding

$117K

Malyala Vikranth

SVP, Chief Business Officer · 2026-08-17

Option exercise

6,000 shares

Thauberger Matthew

Chief Revenue Officer · 2026-08-17

Tax withholding

$44K

Thauberger Matthew

Chief Revenue Officer · 2026-08-17

Option exercise

2,250 shares

WEIGAND DAVID E

SVP, Chief Financial Officer · 2026-08-17

Tax withholding

$127K

WEIGAND DAVID E

SVP, Chief Financial Officer · 2026-08-17

Option exercise

6,500 shares

Xiao Jin

Sr. Corporate VP, Engineering · 2026-08-17

Tax withholding

$55K

Xiao Jin

Sr. Corporate VP, Engineering · 2026-08-17

Option exercise

4,000 shares

Angel Scott

director · 2026-08-14

Award

7,882 shares

Lin Judy L.

director · 2026-08-14

Award

7,882 shares

Mogensen Susan

director · 2026-08-14

Award

7,882 shares

BLAIR ROBERT L

director · 2026-08-14

Award

7,882 shares

TUAN SHERMAN

director · 2026-08-14

Award

$403K

LIU TALLY C

director · 2026-08-14

Award

3,941 shares

LIU TALLY C

director · 2026-08-14

Award

$202K

Thauberger Matthew

Chief Revenue Officer · 2026-08-14

Award

9,872 shares

Thauberger Matthew

Chief Revenue Officer · 2026-08-14

Award

$874K

WEIGAND DAVID E

SVP, Chief Financial Officer · 2026-08-10

Tax withholding

$24K

WEIGAND DAVID E

SVP, Chief Financial Officer · 2026-08-10

Option exercise

1,480 shares

Liang Charles

President and CEO · 2026-08-10

Tax withholding

$36K

Liang Charles

President and CEO · 2026-08-10

Tax withholding

$17K

Liang Charles

President and CEO · 2026-08-10

Option exercise

1,024 shares

Liang Charles

President and CEO · 2026-08-10

Option exercise

2,110 shares

Liu Liang Chiu-Chu Sara

director · 2026-08-10

Tax withholding

$36K

Liu Liang Chiu-Chu Sara

director · 2026-08-10

Tax withholding

$17K

Liu Liang Chiu-Chu Sara

director · 2026-08-10

Option exercise

1,024 shares

Liu Liang Chiu-Chu Sara

director · 2026-08-10

Option exercise

2,110 shares

Cheung Kenneth

SVP, Chief Accounting Officer · 2026-08-10

Tax withholding

$14K

Cheung Kenneth

SVP, Chief Accounting Officer · 2026-08-10

Option exercise

1,250 shares

Cheung Kenneth

SVP, Chief Accounting Officer · 2026-08-10

Tax withholding

$39K

Cheung Kenneth

SVP, Chief Accounting Officer · 2026-08-10

Option exercise

3,429 shares

Xiao Jin

Sr. Corporate VP, Engineering · 2026-08-10

Tax withholding

$22K

Xiao Jin

Sr. Corporate VP, Engineering · 2026-08-10

Tax withholding

$12K

Xiao Jin

Sr. Corporate VP, Engineering · 2026-08-10

Option exercise

1,970 shares

Xiao Jin

Sr. Corporate VP, Engineering · 2026-08-10

Option exercise

1,024 shares

Malyala Vikranth

SVP, Chief Business Officer · 2026-08-10

Tax withholding

$34K

Malyala Vikranth

SVP, Chief Business Officer · 2026-08-10

Tax withholding

$18K

Malyala Vikranth

SVP, Chief Business Officer · 2026-08-10

Option exercise

2,110 shares

Malyala Vikranth

SVP, Chief Business Officer · 2026-08-10

Option exercise

1,138 shares

Thauberger Matthew

Owns 10%+ · 2026-08-10

Tax withholding

$12K

Thauberger Matthew

Owns 10%+ · 2026-08-10

Tax withholding

$7K

Thauberger Matthew

Owns 10%+ · 2026-08-10

Option exercise

740 shares

Thauberger Matthew

Owns 10%+ · 2026-08-10

Option exercise

430 shares

Malyala Vikranth

SVP, Chief Business Officer · 2026-07-01

Tax withholding

$65K

Malyala Vikranth

SVP, Chief Business Officer · 2026-07-01

Tax withholding

$17K

Malyala Vikranth

SVP, Chief Business Officer · 2026-07-01

Option exercise

1,220 shares

Malyala Vikranth

SVP, Chief Business Officer · 2026-07-01

Tax withholding

$20K

Malyala Vikranth

SVP, Chief Business Officer · 2026-07-01

Tax withholding

$7K

Malyala Vikranth

SVP, Chief Business Officer · 2026-07-01

Option exercise

507 shares

Malyala Vikranth

SVP, Chief Business Officer · 2026-07-01

Option exercise

1,413 shares

Malyala Vikranth

SVP, Chief Business Officer · 2026-07-01

Option exercise

4,600 shares

Liang Charles

President and CEO · 2026-07-01

Tax withholding

$12K

Liang Charles

President and CEO · 2026-07-01

Tax withholding

$8K

Liang Charles

President and CEO · 2026-07-01

Tax withholding

$4K

Liang Charles

President and CEO · 2026-07-01

Option exercise

830 shares

Liang Charles

President and CEO · 2026-07-01

Option exercise

273 shares

Liang Charles

President and CEO · 2026-07-01

Option exercise

510 shares

WEIGAND DAVID E

SVP, Chief Financial Officer · 2026-07-01

Tax withholding

$132K

WEIGAND DAVID E

SVP, Chief Financial Officer · 2026-07-01

Tax withholding

$72K

WEIGAND DAVID E

SVP, Chief Financial Officer · 2026-07-01

Tax withholding

$15K

WEIGAND DAVID E

SVP, Chief Financial Officer · 2026-07-01

Option exercise

1,080 shares

WEIGAND DAVID E

SVP, Chief Financial Officer · 2026-07-01

Tax withholding

$42K

WEIGAND DAVID E

SVP, Chief Financial Officer · 2026-07-01

Option exercise

9,380 shares

WEIGAND DAVID E

SVP, Chief Financial Officer · 2026-07-01

Tax withholding

$16K

WEIGAND DAVID E

SVP, Chief Financial Officer · 2026-07-01

Option exercise

5,110 shares

WEIGAND DAVID E

SVP, Chief Financial Officer · 2026-07-01

Option exercise

1,164 shares

WEIGAND DAVID E

SVP, Chief Financial Officer · 2026-07-01

Option exercise

2,991 shares

Liu Liang Chiu-Chu Sara

director · 2026-07-01

Tax withholding

$12K

Liu Liang Chiu-Chu Sara

director · 2026-07-01

Tax withholding

$8K

Liu Liang Chiu-Chu Sara

director · 2026-07-01

Tax withholding

$4K

Liu Liang Chiu-Chu Sara

director · 2026-07-01

Option exercise

830 shares

Liu Liang Chiu-Chu Sara

director · 2026-07-01

Option exercise

273 shares

Liu Liang Chiu-Chu Sara

director · 2026-07-01

Option exercise

510 shares

Mogensen Susan

director · 2026-06-30

Option exercise

5,383 shares

LIU TALLY C

director · 2026-06-30

Option exercise

2,691 shares

Lin Judy L.

director · 2026-06-30

Option exercise

5,383 shares

Angel Scott

director · 2026-06-30

Option exercise

5,383 shares

BLAIR ROBERT L

director · 2026-06-30

Option exercise

5,383 shares

WEIGAND DAVID E

SVP, Chief Financial Officer · 2026-06-17

Award

10,000 shares

WEIGAND DAVID E

SVP, Chief Financial Officer · 2026-06-17

Tax withholding

$50K

WEIGAND DAVID E

SVP, Chief Financial Officer · 2026-06-17

Option exercise

5,000 shares

Malyala Vikranth

SVP, Chief Business Officer · 2026-06-17

Award

15,000 shares

Malyala Vikranth

SVP, Chief Business Officer · 2026-06-17

Tax withholding

$78K

Malyala Vikranth

SVP, Chief Business Officer · 2026-06-17

Option exercise

7,500 shares

About Super Micro Computer, Inc.

Super Micro Computer, Inc., together with its subsidiaries, develops and sells server and storage solutions based on modular and open-standard architecture in the United States, Asia, Europe, and internationally. The company provides liquid and air-cooled AI servers for training and inferencing with integrated graphics processing units (GPUs) or PCIe based architectures; SuperBlade, MicroBlade, FlexTwin, GrandTwin…

Computer Hardware

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works

SMCI stock (Super Micro Computer, Inc.): fair value $50.01, Undervalued — PaybackPrice