Super Micro Computer, Inc. (SMCI)

NYSE · Semiconductors

Latest Move · 2026-02-24

+0.60%
Lags semiconductor peers on light volume as post-earnings chop continues

Super Micro Computer's stock rose 0.6% following several recent developments. In early February 2026, the company reported second quarter fiscal 2026 results with net sales of $12.7 billion, exceeding guidance of $10 billion to $11 billion. The company raised full-year fiscal 2026 revenue guidance to at least $40 billion. AI platforms accounted for over 90% of quarterly revenue. Non-GAAP diluted EPS reached $0.69 compared to guidance of $0.46 to $0.54. On February 4, Needham lowered its price target to $40 from $51 while maintaining a Buy rating, citing sector-wide valuation compression in AI hardware. CEO Charles Liang and CFO David Weigand purchased shares in early February at approximately $33.33 per share. A Seeking Alpha analyst upgraded the stock to strong buy, citing potential margin expansion from the Data Center Building Block Solutions platform.

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Previous Move

-5.27%
SMCI reverses last week's rally as tariff fears and governance overhang persist
2026-02-23

Frequently Asked Questions

Why did Super Micro Computer, Inc. stock move today?

Super Micro Computer's stock rose 0.6% following several recent developments. In early February 2026, the company reported second quarter fiscal 2026 results with net sales of $12.7 billion, exceeding guidance of $10 billion to $11 billion. The company raised full-year fiscal 2026 revenue guidance to at least $40 billion. AI platforms accounted for over 90% of quarterly revenue. Non-GAAP diluted EPS reached $0.69 compared to guidance of $0.46 to $0.54. On February 4, Needham lowered its price target to $40 from $51 while maintaining a Buy rating, citing sector-wide valuation compression in AI hardware. CEO Charles Liang and CFO David Weigand purchased shares in early February at approximately $33.33 per share. A Seeking Alpha analyst upgraded the stock to strong buy, citing potential margin expansion from the Data Center Building Block Solutions platform.

What does Super Micro Computer, Inc. do?

Super Micro Computer designs and manufactures high-performance server and storage systems and has become a major supplier of AI infrastructure hardware, reporting record quarterly revenue of $12.7 billion with 123% year-over-year growth. The company has been dogged by governance issues — including a 14-month-and-counting search for a permanent CFO following a special investigation — and gross margin compression to roughly 6.4%, which have kept shares volatile near 52-week lows despite surging AI demand. Today's underperformance versus peers highlights the stock-specific overhang that continues to cap upside even in favorable sector conditions.

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