SMCI Lifts Q1 Revenue Guide to $19.5B Top End, Margin Outlook Improves
SMCI sits 93% above its 52-week low of $19.48.
Summary
Supermicro raised preliminary Q1 FY2027 revenue guidance to $18.5B-$19.5B from $14.5B-$15.5B and lifted gross margin guidance to 12.0%-12.5%, though the figures are unaudited. The revenue range was already reported last night; the margin guide and the diversion-probe detail are the new pieces here. The margin number matters because FY2026 gross margin collapsed to 10.8% from 17.5%, so any recovery toward 12%+ is the first sign the mix is improving. Separately, claims that a co-founder and two others diverted billions in servers to China are back in focus; the company was not charged and the probe found executives lacked prior knowledge, but the overhang is real. Shares closed at $32.47 and jumped about 15.6% after hours to $37.55. Q1 FY2027 results are due Nov. 3.
At the time of this announcement, SMCI was trading at $37.55 on NASDAQ in the Technology sector, with a market capitalization of approximately $21.3B. The 52-week trading range was $19.48 to $56.60. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.