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Super Micro's Q1 revenue jumps $4B above guidance, boosting profit outlook and valuation.

Analyst Insights
27 Oct 2026, 17:26 WIB
Seeking Alpha
View Source
Bullish
Super Micro's Q1 revenue jumps $4B above guidance, boosting profit outlook and valuation.

Super Micro reported preliminary Q1 revenue of $18.5-$19.5 billion, exceeding prior guidance by about $4 billion, reflecting strong backlog conversion. The company raised its gross margin forecast to 12-12.5%, implying gross profit near $2.33 billion, up from $1.59 billion previously. Despite a significant operating cash burn and large inventory, the stock trades attractively near 7 times FY27 earnings with a valuation range of $47-$56. Cash flow remains a key focus for investors moving forward.

Super Micro Computer Inc (SMCI) shares are trading at USD 34.44 on Pluang as of Oct 27, 2026 21:41 WIB, marking a 5.35% increase in one day. The stock remains well below its 52-week high of USD 52.69, suggesting room for growth. Investor interest is strong with 88% of order activity on Pluang being buys, reflecting confidence despite the company’s cash flow concerns.

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