Super Micro jumps on upbeat quarterly revenue forecast

Super Micro Computer

05/05/2026 21:36

** Shares of Super Micro Computer SMCI.O up 13.6% to $31.6 in extended trade

** Co forecasts Q4 revenue above Wall Street estimates, banking on robust demand for its artificial intelligence servers

** SMCI expects Q4 revenue in the range of $11 billion to $12.5 billion, vs. analysts' average estimate of $11.07 billion, according to data compiled by LSEG

** Expects Q4 adjusted profit per share in the range of 65 cents to 79 cents, above expectations of 55 cents per share

** Posts Q3 revenue of $10.24 billion vs. estimates of $12.33 billion

** Median PT of 20 brokerages covering the stock is $35 - data compiled by LSEG

** As of last close, stock down about 5% YTD

 (Reporting by Anshuman Tripathy)

 ((Anshuman.Tripathy@thomsonreuters.com))