Jul. 24 at 4:49 AM
$SMCI $NDX $SPY $SPCX Heres another take on this. Remind me what was
$DELL's backlog?
Super Micro Computer, Inc. (SMCI) continues to execute despite the prior negative corporate headlines. The stock market remains so pessimistic on the AI server company that even strong preliminary quarterly results still only have the stock back to
$30. My investment thesis remains ultra Bullish on the stock, as the massive orders for FY27 predict a large EPS beat.
Big Preliminary FQ4 Numbers
Super Micro just shocked the market with the following preliminary financials for FQ4 '26 as follows:
Revenues at the low end of guidance of
$11 billion to
$12.5 billion versus consensus at
$11.73 billion.
Non-GAAP gross margins in the range of 15% to 17%, higher than guidance of 8.2% to 8.4%.
Total new orders in FQ4 alone in excess of
$60 billion.
https://seekingalpha.com/article/4924828-super-micro-market-remains-far-too-pessimistic
