- Super Micro Computer rose about 10% to $40.35 on Friday as triple witching-day trading amplified an AI server rally, extending the prior session's 9.5% gain.
- SMCI entered FY27 with a record $60B+ backlog and revenue guidance of $65–72B, with Q1 FY27 revenue guided to $14.5–15.5B versus $5.0B a year earlier.
- Q4 FY26 gross margin ran 17.5% versus 9.5% a year earlier, but management guided Q1 FY27 margin back down to 10.4–10.8% on expected mix.
- Goldman Sachs said the AI server addressable market will expand aggressively through the end of the decade; HPE jumped 8–9% and Dell added 3% in the same rotation into primary AI server makers.
- Trefis argues the move came from outside Super Micro — an industry forecast plus a broader equity rebound after the Fed decision — while a shareholder rights law firm solicited clients for a potential investigation into management.
Quotes
“Analysts at Goldman Sachs said the addressable market for AI servers will expand aggressively through the end of the decade.”
“Super Micro Computer (SMCI) stock rose 10% to $40.35 on Friday as triple witching-day trading amplified an AI server rally driven by the company's $60 billion backlog and $65–72 billion fiscal 2027 revenue target.”
“Investors are focusing on Supermicro's substantial backlog, which exceeds $60 billion in new AI orders, and its fiscal 2027 revenue guidance of $65 billion to $72 billion, reinforcing its growth trajectory”