Should I buy Super Micro Computer stock in 2025?

What is Super Micro Computer?

How much is the Super Micro Computer stock?

The price of Super Micro Computer stock is rising this week. The current share price stands at $41.15 USD, showing a 1.93% dip over the last 24 hours but a strong 14.31% gain for the week. With a market capitalisation of $25.04 billion, Super Micro Computer maintains an average 3-month daily volume of 56.62 million shares.

Investors in New Zealand should be mindful of the recent sharp swings, which may present both opportunity and risk in this fast-evolving technology sector.

Our full analysis of the Super Micro Computer stock

Super Micro Computer (NASDAQ: SMCI) has recently reported its latest financial results, and a review of its stock trajectory over the past three years reveals extraordinary volatility punctuated by substantial gains. Applying our proprietary multi-factor analysis—leveraging financial metrics, technical signals, market trends, and peer positioning—highlights clear strengths alongside a rapidly evolving industry backdrop. So, why might Super Micro Computer once again represent a strategic entry point into the high-growth AI infrastructure sector as we move into 2025?

Recent Performance and Market Context

Super Micro Computer’s share price dynamics have captured the attention of global investors. As of 30 May 2025, SMCI trades at USD $41.15, giving it a market capitalization of $25.04 billion. The company’s five-year ascent remains remarkable: up a staggering +1,485% over half a decade. While it has experienced a 51% pullback over the past year—largely attributed to cyclical sector rotations and the digestion of prior rapid gains—momentum appears to be returning, as evidenced by a 14.3% rise over the past week and +26% over six months.

Several factors underpin this resurgence:

• Resolution of Regulatory Issues: The company quickly addressed last year’s internal control and accounting concerns. With overdue financials filed and no delisting, investor confidence has been visibly restored.
• Sector Tailwinds: The AI-driven data centre boom continues, propelling demand for high-performance servers—a key SMCI specialty.
• Macro Backdrop: Tech infrastructure spending remains robust, aligning with increased AI workloads, cloud migrations, and the greenfield buildout of hyperscale data centres.

In the context of a transforming global tech ecosystem, Super Micro Computer stands out as a company that not only weathered regulatory and cyclical headwinds but emerges from them with strengthened positioning. The recent uptick, paired with robust trading volumes, signals constructive institutional participation and growing market optimism.

Technical Analysis

SMCI’s technical profile underscores a promising setup for both tactical traders and longer-term investors. As of 29 May 2025:

• Relative Strength Index (RSI, 14 Days): The reading of 58.05 lies comfortably in neutral territory, neither overbought nor oversold. This positions the stock favourably for additional upside without technical excess.
• Moving Average Convergence Divergence (MACD): While currently registering a modest sell signal (+2.01), the context is critical—this comes after a recent rally, suggesting the stock may be consolidating ahead of its next move.
• Moving Averages: All major trend-following signals (20, 50, 100, and 200-day) flag bullish, with the current price trading firmly above these averages:
• 20-day: $38.08
• 50-day: $36.25
• 100-day: $37.07
• 200-day: $38.99
• Support & Resistance: Immediate support sits at $38.28, establishing a solid risk floor for new buyers. Key resistance is identified at $44.10—a breakout above which would likely trigger renewed momentum given the stock’s high beta and dynamic trader interest.
• Technical Consensus: Out of 22 signals, 14 point to a buy, reinforcing the narrative of a trend reversal in progress.

Given these parameters, the technical structure suggests that SMCI may be transitioning from a period of correction to renewed accumulation. The convergence of rising averages, robust support, and neutral-to-bullish momentum hints at a potential new bullish phase—especially important for NZ investors seeking US tech exposure with asymmetric upside.

Fundamental Analysis

Fundamental performance remains SMCI’s most compelling story. Rarely do investors encounter such rapid revenue scaling amid a disruptive market cycle:

• 2024 Revenue: $14.94 billion—an exceptional 110% jump versus 2023, driven by surging AI server demand and robust customer wins across global cloud providers and enterprises.
• EBITDA and Profit Growth: EBITDA soared +57%, with net income nearly doubling to $1.21 billion. Diluted EPS reached $20.09, up from $11.43.
• Latest Quarter: Q3 2025 showed a sequential sales dip ($4.60 billion, -19%) and some margin normalization (gross margin at 9.6% vs. a historical average of ~15.5%), both in line with revised guidance and sector-wide inventory stabilisation.
• Valuation Ratios: With a Price/Earnings (TTM) of 22.7, Price/Sales of 1.20, and a Price/Book of 3.85, SMCI’s valuation metrics are especially noteworthy. Compared to historic tech sector multiples—and considering expected explosive growth—the shares appear to offer a rare combination of growth and reasonable price, particularly given adjusted long-term earnings capacity.
• Structural Strengths:
• Innovation: Leading expertise in liquid cooling and rack-scale architectures, targeting emerging ultra-dense, energy-efficient data centre builds.
• Market Share: Now seen as a pacesetter in AI-optimised servers, thanks in part to close partnership with NVIDIA.
• Global Expansion: Strategic facility investments in Malaysia and continued expansion in Silicon Valley enable scale, logistical agility, and proximity to top clients.

To summarize, SMCI is demonstrating outsized scalability metrics—typically a hallmark of disruptors on the verge of sustained multi-year leadership.

Volume and Liquidity

One of SMCI's distinguishing features is its deep, dynamic liquidity—a key factor for institutional and active NZ investors seeking seamless access to US equities:

• Three-Month Average Volume: 56.6 million shares per day, well above most peers, provides efficient price discovery and minimal spread risk.
• Public Float: With 512 million+ shares freely tradable, SMCI’s float supports both liquidity and valuation flexibility, facilitating both short-term tactical entries and longer-term build-ups by large holders.
• Volume Trends: Recent surges in volume often coincided with positive corporate developments and technical breakouts, reinforcing market conviction during bullish episodes.

High turnover and healthy float structure are clear indicators that SMCI’s share price is not easily swayed by low-volume distortions, providing a genuine arena for both retail and sophisticated money managers worldwide.

Catalysts and Positive Outlook

Several bullish catalysts and secular growth drivers suggest that SMCI is not only resilient in the face of short-term setbacks, but also well-positioned to benefit from a multi-layered structural transformation in global technology:

• AI Infrastructure Boom: SMCI’s core business in AI-optimised servers aligns perfectly with the record demand from generative AI rollouts, cloud hyperscalers, and vertical AI deployments.
• Product Innovation: Market leadership in advanced cooling—crucial for next-generation, high-wattage GPU architectures—has differentiated SMCI’s solutions, opening new avenues of enterprise adoption.
• Geographic Expansion: Ongoing investments in manufacturing presence in Malaysia and continued ramp-ups in Silicon Valley position the company to respond quickly to demand surges and mitigate supply chain risks—a critical competitive edge in the current geopolitical climate.
• Strategic Partnerships: A close working relationship with NVIDIA, the world’s leading AI semiconductor company, cements SMCI’s relevance at the centre of the AI and data infrastructure surge.
• Outlook: Management guidance targets $26-30 billion in revenue for FY2026—a doubling from 2024 and one of the boldest ambition statements in the global tech hardware industry today.
• ESG and Sustainability: Leadership in power-efficient, modular, and liquid-cooled systems aligns with increasing demands for sustainable IT—a frequent criterion for institutional asset allocation.

Looking ahead, these factors indicate that SMCI could continue to capture disproportionate value from global AI, cloud, and data infrastructure buildouts, while also embracing ESG priorities increasingly sought by institutional capital providers.

Investment Strategies

There are diverse approaches to positioning in SMCI, each supported by distinct catalysts and technical/fundamental alignments:

• Short-Term:
• Momentum Play: Strong recent price hike (+14% weekly) and technical confirmation over major moving averages provide an attractive backdrop for traders seeking a breakout above $44.10 resistance.
• Event-Driven: Upcoming earnings and product releases could act as catalysts for sharp, short-window gains.
• Medium-Term:
• Reversal and Recovery: The stock appears to have weathered a period of elevated uncertainty, finding strong support at $38.28. A medium-term thesis focuses on SMCI’s return to growth mode as adoption rates rebound and margins stabilise.
• Ahead of Catalysts: Entry at current levels—especially during minor technical pullbacks—could position holders for outperformance as AI-related orders accelerate into the latter half of 2025.
• Long-Term:
• Secular Growth Exposure: For NZ investors, SMCI represents a rare opportunity to participate in the backbone of the AI revolution, with company guidance and analyst consensus pointing to multi-year compounded growth.
• Portfolio Diversification: SMCI offers uncorrelated exposure versus traditional tech giants, diversified across global manufacturing, product categories, and end-markets.

Entry at or slightly above current support levels seems to represent an excellent risk/reward profile, while incremental accumulation on technical dips or ahead of earnings provides tactical flexibility for various investment horizons.

Is it the Right Time to Buy Super Micro Computer?

The convergence of robust revenue growth, strategic positioning at the heart of the AI infrastructure boom, and the company’s powerful innovation engine provide a firm fundamental underpinning for SMCI’s next bullish cycle. Technical indicators suggest a potential transition from consolidation to accumulation, reinforced by increased trading activity and resolution of prior accounting-related overhangs. With consensus analyst targets indicating 25–30% potential upside and management projecting unprecedented top-line expansion, the fundamentals justify renewed interest at this juncture.

For NZ investors seeking high-growth US tech exposure, Super Micro Computer seems poised at an inflection point, with supportive macro, sector, and company-specific drivers. While the stock’s volatility requires measured allocation and ongoing monitoring, its combination of liquidity, scale, and technological relevance make it a serious candidate for consideration in growth-oriented portfolios.

In a sector defined by innovation and disruption, SMCI embodies the attributes of a next-generation technology leader—presenting what appears to be an excellent opportunity for those looking to participate in the ongoing transformation of global data infrastructure.

How to buy Super Micro Computer stock in New Zealand?

Buying shares of Super Micro Computer (SMCI) online is straightforward and secure for Kiwi investors, thanks to regulated international brokers that offer access to major US stocks. There are two main ways to invest: by purchasing the shares outright (spot buying) or through contracts for difference (CFDs) that allow you to speculate on price movements. Both methods can be completed entirely online, with transparent fees and compliance with New Zealand's investor protections. Deciding which is right for you will depend on your goals and risk appetite—see our broker comparison further down the page to help you select the most suitable platform.

Cash Buying

A cash purchase means you buy actual Super Micro Computer shares on the NASDAQ exchange, becoming a direct shareholder with voting rights and potential capital gains. New Zealand brokers typically charge a flat commission fee per trade, ranging from NZ$5 to NZ$15, and your orders are settled in US dollars.

Important information

Example: If Super Micro Computer is trading at $41.15 USD per share (approx. NZ$67 at NZ$1 = US$0.615), a NZ$1,000 investment allows you to buy around 14 shares ($1,000 / $67 ≈ 14), after accounting for a NZ$5 brokerage fee.
✔️ Gain scenario: If the share price rises by 10% (to about $45.27 USD), the value of your shares increases to approximately NZ$1,100.
Result: That’s a NZ$100 gross gain, or +10% on your initial investment (excluding currency fluctuations and minimal exchange fees).

Trading via CFD

CFD trading lets you speculate on Super Micro Computer's stock price without owning the underlying shares. This derivative product suits short-term strategies and allows you to use leverage—amplifying both potential gains and losses. Fees typically include the bid/ask spread and, for positions held overnight, a daily financing charge.

Important information

Example: Suppose you open a CFD trade on Super Micro Computer using NZ$1,000 and 5x leverage. This means your market exposure is NZ$5,000.
✔️ Gain scenario: If the stock rises by 8%, your position gains 8% × 5 = 40%, for a NZ$400 profit on your NZ$1,000 margin (ignoring overnight and spread costs).
Result: +NZ$400 gross gain, though actual returns depend on the specific broker fees and your holding period.

Final Advice

Before investing in Super Micro Computer shares, always compare brokers on the basis of their fees, the quality of their platforms, and access to US markets. The most cost-effective and secure choice depends on whether you prefer direct share ownership or flexible trading with leverage. Take some time to review our full broker comparison further down the page—and choose the solution best aligned with your investment goals and experience.

Our 7 tips for buying Super Micro Computer stock

The latest news about Super Micro Computer

Super Micro Computer’s stock surged 14.31% over the last week, supported by strong analyst consensus and technical signals. This positive momentum is underscored by a robust “buy” consensus among analysts and 14 bullish technical indicators against only 3 bearish ones, even as global tech markets showed volatility. For New Zealand investors, this is particularly relevant as global technology sector trends and U.S. tech equities often influence NZX-listed tech companies and broader sentiment in the local market. The target price is now set at $51.85 USD — a 25.94% upside from current levels — attracting interest from portfolio managers keen on growth and global IT exposure.

Super Micro Computer resolved prior accounting concerns, fulfilling all SEC reporting obligations and stabilizing governance risk. After challenges raised by Hindenburg Research and auditor EY in late 2024 regarding alleged accounting irregularities, the company successfully submitted its delayed filings to the SEC in February 2025, averting potential delisting. This effective remediation reduces headline and regulatory risk, which is especially important for New Zealand institutional investors and managed funds seeking to avoid compliance and governance-related volatility in their international holdings.

The company’s latest fiscal year results show revenue of $14.94 billion, more than doubling year-on-year, and net profit nearly doubled as well. Annual revenue soared by 110% versus 2023, with EBITDA and net profit figures both displaying enormous year-over-year growth. These results, alongside a diluted earnings per share of $20.09, reflect Super Micro Computer’s successful execution in high-growth verticals, including AI server infrastructure. For New Zealand-based professionals in the sector — from IT integrators to data center providers — the robust financials support the reliability and innovation of SMCI solutions frequently deployed in the Australasian technology ecosystem.

Strategic positioning in the AI hardware market, bolstered by collaboration with NVIDIA, strengthens Super Micro Computer’s growth outlook. The ongoing AI infrastructure wave is leading to unprecedented demand for the company’s advanced servers, particularly its rack-scale and liquid cooling technologies. Through deep alliance with NVIDIA, SMCI positions itself as a leader in supplying high-performance AI servers. Given the increasing adoption of AI and cloud services by New Zealand corporate and public sector clients — often running on such U.S.-sourced infrastructure — the outlook bodes well for both direct and indirect market uplift in the region.

Super Micro Computer offers foreign investors, including those domiciled in New Zealand, tax-efficient U.S. exposure, with no dividend withholding and clear capital gains treatment. SMCI does not pay dividends (thus, no cross-border withholding applies), and capital gains are subject to standard U.S. rates, making it a straightforward holding for New Zealand funds, KiwiSaver providers, and high-net-worth investors with global equities mandates. Its deep liquidity and public float also make it a practical vehicle for NZ investors seeking exposure to AI-driven worldwide technology trends.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.