Core Viewpoint - Supermicro (SMCI.US) is set to release its Q1 FY2026 earnings on November 4, with preliminary revenue expectations of $5 billion, which is below previous guidance and Wall Street estimates, leading to recent stock pressure [1] Revenue Expectations - The market's general expectation for the quarter's revenue is $5.83 billion, reflecting a 1.9% decline year-over-year [2] - Supermicro's preliminary revenue data for Q1 FY2026 was significantly below market expectations, resulting in an 8% drop in stock price [1][2] Analyst Ratings and Reactions - Analyst Kevin Cassidy from Rosenblatt Securities raised the target price for Supermicro from $50 to $60, maintaining a "Buy" rating despite the disappointing revenue forecast, citing over $12 billion in new design orders [3] - Analyst Vijay Lakshman from Mizuho Securities reiterated a "Neutral" rating with a target price of $50, noting that the new design orders are likely from clients expecting deliveries in Q2 FY2026 [3][4] - TipRanks AI analysts assigned a "Neutral" rating with a target price of $56, indicating about 8% upside potential, while highlighting strong revenue growth and cash flow improvements [4] Market Dynamics - The demand for NVIDIA and AMD chips remains strong, which may lead to revenue deferrals into Q2 FY2026 [4] - Dell Technologies is gaining market share in the enterprise AI server market, which could impact Supermicro's competitive position [4] Consensus Ratings - Wall Street consensus rating for Supermicro is "Neutral," based on 8 Neutral, 4 Buy, and 3 Sell ratings, with an average target price of $44.15, suggesting approximately 15% downside risk from current stock levels [5]

Core Viewpoint - Super Micro Computer (SMCI.US), an AI server manufacturer, is set to release its Q4 FY2025 earnings report on August 5, 2023, after market close, with expectations of a mixed performance in earnings and revenue [1] Financial Performance Expectations - Analysts predict a decline in earnings per share (EPS) to $0.45, representing a 29% year-over-year decrease [1] - Revenue is expected to increase by 13% year-over-year, reaching $5.98 billion [1] Analyst Ratings and Price Target - Citigroup analyst Asiya Merchant raised the target price for Super Micro Computer from $37 to $52 while maintaining a "Neutral" rating [1]

Core Viewpoint - Super Micro Computer (SMCI) reported disappointing Q3 results for FY2025, with earnings per share of $0.31 and sales of $4.6 billion, falling short of market expectations [1][2] - The company anticipates Q4 sales between $5.6 billion and $6.4 billion, with earnings per share projected at $0.40 to $0.50, while analysts expected $6.59 billion in sales and $0.64 in earnings per share [1][2] Group 1 - The poor performance and forecasts have raised concerns among investors, attributed to customers delaying procurement plans [1] - CEO Charles Liang expressed confidence in achieving long-term goals despite short-term impacts from economic uncertainty and tariffs [1] - The gross margin for Q3 decreased by 220 basis points compared to the previous quarter, primarily due to increased inventory reserves from older products and costs associated with accelerating new product launches [1] Group 2 - Analysts suggest that some customers may delay purchases until Super Micro's products are equipped with NVIDIA's new Blackwell chips, with uncertainties related to tariffs and macroeconomic issues potentially impacting near-term demand [2] - Super Micro had previously been optimistic about long-term revenue, projecting sales of $40 billion for FY2026, nearly double the current fiscal year's expectations, driven by strong demand for AI servers [2] - The company faced risks of delisting due to late submission of its FY2024 annual report, with its auditor resigning over concerns about governance and transparency [2] Group 3 - Following the earnings report, Super Micro's stock fell by 5.7% in after-hours trading [3]