Super Micro Doubles Q4 Margin Forecast to 15-17%, Books $60B in New Orders
SMCI sits 54% above its 52-week low of $19.48.
Summary
Super Micro just shocked the market by doubling its Q4 gross margin guidance to 15-17%, up from a prior 8.2-8.4%. The jump is driven by a favorable customer and product mix, signaling strong demand for high-margin AI servers. Revenue is tracking near the low end of its $11B-$12.5B range, but the margin expansion more than compensates. The company also disclosed over $60 billion in new orders during Q4, creating a record backlog. This follows a tumultuous period of heavy dilution from a $7B equity raise and government investigations, making the margin surprise a powerful counter-narrative. Shares surged 17% after-hours, adding to a 7% regular-session gain.
At the time of this announcement, SMCI was trading at $30.06 on NASDAQ in the Technology sector, with a market capitalization of approximately $16.5B. The 52-week trading range was $19.48 to $62.36. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Dow Jones Newswires.