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Goldman Sachs
11 days agoNews Editor

Goldman Sachs Keeps Sell on SMCI After Revenue Pre-Announcement Beats Guidance by 27%

Goldman Sachs said Super Micro Computer’s preliminary first-quarter results came in well above both company guidance and Wall Street expectations, with revenue projected at $18.5 billion to $19.5 billion and gross margin at 12% to 12.5%. The bank attributed the upside to strong AI platform demand and a more favorable customer and product mix. Even so, Goldman kept its Sell rating on SMCI and maintained a 12-month price target of $34, arguing that the stock was already close to fair value after closing at $32.47 on Oct. 20. The report said SMCI did not update its fiscal 2027 revenue outlook of $65 billion to $72 billion, leaving investors to wait for the Nov. 3 earnings call for a fuller update. Goldman also pointed to a 149-day cash conversion cycle disclosed last quarter and said revenue above $80 billion could require external financing. In the bank’s view, that funding question remains central to how far SMCI can keep outperforming, even as the latest pre-announcement reinforces that AI server demand remains strong.

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Goldman Sachs Keeps Sell on SMCI After Revenue Pre-Announcement Beats Guidance by 27%
Super Micro Computer
12 days agoNews Editor

SMCI lifts revenue and gross margin outlook for the quarter, shares jump more than 15% after hours

Super Micro Computer issued a preliminary business update for the first quarter of fiscal 2027 and sharply raised both its revenue and gross margin outlook. The company said revenue for the quarter ended Sept. 30, 2026 is now expected at $18.5 billion to $19.5 billion, up from prior guidance of $14.5 billion to $15.5 billion. Gross margin is projected at 12.0% to 12.5%, compared with an earlier range of 10.4% to 10.8%. According to BiyaPay market data, SMCI closed regular trading on Oct. 20 at $32.47, up 1.15%. By 19:59 Eastern Time, the stock was quoted at $37.52 in after-hours trading, 15.54% above the regular-session close. The move reflected a rapid repricing of stronger sales expectations and improved margin assumptions. Still, the company described the figures as unaudited preliminary estimates, with full earnings scheduled for Nov. 3. That leaves several open questions for investors, including whether the margin improvement can hold, how accounts receivable and inventory are moving, what operating cash flow looks like, and whether demand can carry into the next quarter. The update points to stronger near-term demand for AI servers, but it does not by itself settle broader questions about profitability across the AI infrastructure chain.

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SMCI lifts revenue and gross margin outlook for the quarter, shares jump more than 15% after hours
Super Micro Computer
12 days agoNews Editor

Super Micro rises 16% premarket after forecasting stronger first-quarter revenue

Super Micro Computer (SMCI.O) rose 16% in U.S. premarket trading, according to market data cited by Gate. The move came after the company said it expects first-quarter revenue to come in above expectations. ChainCatcher reported the update as a market analysis item. The source note did not provide additional figures beyond the premarket gain and the company’s revenue outlook. No images were attached to the source entry.

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Super Micro rises 16% premarket after forecasting stronger first-quarter revenue
Odaily
12 days agoNews Editor

Serenity says fundamentals-valuation gap has hit extremes, points to October 2026 buy-the-dip window

Odaily reported that Serenity, known online as "White-Haired Stock God," said in a post on X that the divergence between underlying demand and market valuations has reached an extreme level. He wrote that procurement activity is accelerating across names ranging from Super Micro Computer (SMCI) to SpaceX (SPCX), while share prices for companies such as Applied Optoelectronics (AAOI) and data center hosting providers are falling sharply. Serenity said that after earnings season, October 2026 may come to be seen as another buy-the-dip opportunity, comparable to the "DeepSeek shock" or the "April tariff panic." The post was presented as Serenity’s market view and did not include additional data beyond the examples he cited.

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Serenity says fundamentals-valuation gap has hit extremes, points to October 2026 buy-the-dip window
Super Micro
3 months agoNews Editor

Super Micro reports $11.12 billion in Q4 revenue, shares rise 7.56% after hours

Super Micro Computer posted revenue of $11.12 billion for the fourth quarter of fiscal 2026, nearly doubling from $5.76 billion a year earlier. The figure still came in below analyst expectations of $11.3 billion to $11.6 billion, with the company citing delays tied to customer readiness in power, cooling and networking. Even so, margins improved sharply. Gross margin reached 17.5%, above both the company’s preliminary range of 15% to 17% issued last month and its earlier forecast of 8.2% to 8.4%. Adjusted earnings per share came in at $1.70, well above the 92-cent analyst consensus, while net income rose to $1.17 billion from $195.2 million a year earlier. Super Micro also issued stronger forward guidance, projecting first-quarter revenue of $14.5 billion to $15.5 billion and fiscal 2027 revenue of $65 billion to $72 billion, both above Wall Street expectations. New orders topped $60 billion, backlog hit a record, and nine customers each generated more than $1 billion in revenue during fiscal 2026.

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Super Micro reports $11.12 billion in Q4 revenue, shares rise 7.56% after hours
Super Micro Computer
4 months agoNews Editor

Super Micro Computer extends gains to 25%, marking its biggest rise since 2024

Super Micro Computer (SMCI.O) climbed as much as 25%, its largest rise since 2024, according to data from MSX.COM. The move came after the company had previously said its backlog would reach a record high by the end of fiscal 2026. It also said total new orders in the fourth quarter exceeded $60 billion. Those orders are expected to be delivered over the next several quarters. The stock move and the company’s order update were cited together in the market snapshot carried by Odaily. No additional details were provided in the brief. The report focused on the scale of the rally, the record backlog target, and the size and expected delivery timeline of the newly booked orders.

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Super Micro Computer extends gains to 25%, marking its biggest rise since 2024