Super Micro jumps after forecasting Q4 revenue above estimates

Super Micro Computer

06/05/2026 09:34

** Shares of Super Micro Computer SMCI.O jump 17.7% to $32.77 premarket

** Co forecast Q4 rev in the range of $11 billion to $12.5 billion vs analysts' average estimate of $11.07 billion, according to data compiled by LSEG

** Posts Q3 rev of $10.24 billion, a jump of more than 122% from the same period last year

** Six of 20 brokerages rate the stock "buy" or higher, nine "hold" and 5 "sell"; their median PT is $37 - LSEG-compiled data

** As of last close, SMCI down ~5% YTD, while S&P 500 technology hardware, storage & peripherals .SPLRCTHSP index rose ~14%

 (Reporting by Joel Jose in Bengaluru)

 ((joeljose@thomsonreuters.com))