Super Micro Computer lifts Q4 gross margin guidance to 15-17% after topping $60B in new orders, with record backlog highlighting strong AI server demand.
Super Micro Computer says that business is booming and profitability is improving. Investors like the sound of that.
Super Micro Computer Inc (NASDAQ:SMCI) shares opened about 20% higher on Tuesday after the company released preliminary fourth quarter fiscal 2026 results showing significantly stronger-than-expected gross margins and a record order backlog, despite revenue tracking near the low end of its guidance. The AI server maker said revenue for the quarter ended June 30 is expected to be near the lower end of its previously issued guidance range of $11.0 billion to $12.5 billion.
Super Micro Computer Inc (NASDAQ:SMCI) stock is trying to prop up the Nasdaq this morning, up 12.6% to trade at 28.73.
Super Micro Computer stock (NASDAQ: SMCI) surged 18% after the AI-server maker delivered a profitability surprise, but Goldman Sachs remains firmly unconvinced that one favourable quarter has repaired the business model. Super Micro expects fiscal fourth-quarter gross margins of 15% to 17%, versus earlier guidance of 8.2% to 8.4%.
The tech firm is crediting a favorable customer and product mix.
The AI server maker now expects gross margins to be in the range of 15% to 17% thanks to an improving customer and product mix
The server company said it now expects gross margins of 15% to 17%, up from its previous guidance for up 8.2% to 8.4%.
Super Micro Computer said it received more than $60 billion in new orders in the fiscal fourth quarter, and saw higher margin than previously predicted. During the quarter, CEO Charles Liang pointed to new work with SpaceX.
Super Micro Computer (SMCI) closed at $23.83 in the latest trading session, marking a -1.45% move from the prior day.
Super Micro (SMCI) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
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