Their prior targets were:
SMCI seems to think investors didn't get the message and reiterated guidance a week after earnings. Sovereign AI Factory installs in the pipeline should continue to fuel and accelerate FY2027.
It's fairly obvious that SMCI is planning on $100+ billion annual sales based on their expansion plans. Those plans are based on proprietary customer visibility that has probably been shared with Nvidia (locking in GPU allocation) and financial institutions providing their growth financing. If the CEO is right, then the market cap doesn't properly reflect a future elite Fortune 50 company.
>BENZINGA 5:40 PM ET 5/11/2026 Supermicro reiterated its Fiscal Year 2026 business outlook as previously stated on May 5, 2026. The Company expects net sales in the range of $11.0 billion and $12.5 billion for the fourth quarter of fiscal year 2026 ending June 30, 2026, GAAP net income per diluted share of $0.53 to $0.67 and non-GAAP net income per diluted share of $0.65 to $0.79. The Company's projections for GAAP and non-GAAP net income per diluted share assume a tax rate of approximately 19.4% and 20.4%, respectively, and a fully diluted share count of 695 million shares for GAAP and fully diluted share count of 712 million shares for non-GAAP. The outlook for the fourth quarter of fiscal year 2026 GAAP net income per diluted share includes approximately $95 million in expected stock-based compensation, net of related tax effects of $30 million that are excluded from non-GAAP net income per diluted share.
Watching the loss getting bigger …
Hold and run as soon as back to break even or break up and run with what’s left 🤔
First, the software attach is accelerating. Management said high margin data center management software revenue went from under $10M per quarter a few quarters ago to $34M last quarter and more than $46M booked this quarter. Combine that with the growing Services contract base and you have compounding high margin Annually Recurring Revenue.
Second, the Design/consulting business for Sovereign AI Factories is scaling and SMCI is aggressively staffing to support this high demand high margin profit center. Management said, “We continue to grow that service team, consulting team, and the revenue continue to grow,”. That supports the thesis that design, consulting, and integration work inside DCBBS can improve overall mix and margins.
Third, backlog is still the big demand signal. The company said backlog reached another record high, and sovereign AI projects are clearly part of that pipeline. DataVolt is one example, and Hannam University is another recent sovereign customer. Partner and customer loyalty remain strong.
SMCI is increasingly looking like an AI Factory Prime Contractor with an expanding software and services stack, and not just a box builder/server vendor.
We all know Jim Cramer is a no talent ass clown. Make sure you go and give him some love on X for his recent buy signal.
#InverseCramer
I posted before earnings encouraging to enter around $27 and now I am telling you this stock may go even higher because shorts just got trapped! Margin recovery, strong guidance, AI demand intact. Could see a massive squeeze tomorrow! (16-17% short float is very high)
Someone add Charles to the Group Chat!
Today is the deadline for Smci to submit their 10q report for their Q3 results. If this submission to be delayed, is there a deadline to submit the NT-10Q instead?
I’m really worried that BDO might delay submitting the 10q report until the investigation is concluded
SMCI Long-Term Bulls — Here’s Why I’m Still Holding
I’ll be honest — Supermicro is terrible at marketing. Dell, HPE, and Lenovo run circles around them when it comes to enterprise branding and sales. That’s just facts.
But here’s what most people are sleeping on:
The accounting scandal accidentally put SMCI on the map.
Before all the drama, the average investor and even plenty of small cloud operators had never heard of them. Now? Everyone knows the name. Neo-cloud startups, AI infrastructure buyers, and retail investors all got a free education on what Supermicro actually builds — and the products are genuinely impressive.
That kind of awareness doesn’t come cheap. They got it for free.
The bigger picture:
• AI server demand isn’t slowing down — it’s accelerating
• SMCI’s custom hardware and liquid cooling solutions are legitimately best-in-class for dense AI workloads
• The compliance issues are being worked through — this is a trust problem, not a product problem
Yes, the road is bumpy. Yes, rebuilding credibility takes time. But the underlying business — supplying the physical backbone of the AI boom — is as relevant as ever.
This company was founded in 1993 and is somehow still acting like it’s in startup growth mode. That’s not a problem, that’s the opportunity.
Hold. Be patient. Let the story play out. 🚀
UBS downgrade statement indicates Dell doesn’t have any hyperscaler contracts👀 Supermicro🍆
Descending triangle formed on SMCI, approaching overbought* on RSI and near 200 Day MA (potential point of resistance). Anyone else seeing/thinking the same?
I've been looking at Supermicro lately and trying to wrap my head around whether the risk/reward makes sense. The accounting drama seems to have settled down, but I'm curious what people who are actually bullish here are thinking.
Specifically:
- What's the growth story going forward? Is it purely an AI server play, or are there other verticals worth paying attention to?
- How do you think about competition from Dell and HPE eating into their share?
- Does the direct liquid cooling angle actually give them a durable edge, or is that a commodity feature over time?
- Anyone have a sense of where institutional sentiment sits right now post-restatement?
Not looking to FUD the stock, genuinely trying to understand the thesis. What am I missing if I'm skeptical?
Anthropic’s CEO said the company expected roughly 10x growth in first quarter but is instead seeing about 80x, and that the surge has created real compute constraints. On CNBC today, Anthropic CEO said regarding compute, “we are going to acquire as much as we can get.”
Anthropic also signed a deal to use the full capacity of Colossus 1 in Memphis, giving it access to a private AI cluster reported at roughly 300 MW and more than 220,000 Nvidia GPUs. That suggests frontier-model demand is now spilling beyond hyperscalers and into large external private-cluster arrangements. Bullish for SMCI.
Elon Musk is demonstrating that Compute is a more valuable currency than cash. He successfully acquired Cursor over Microsoft and VC cash bids by offering essential Compute resources as part of the package. Of course, this means he needs to build more Compute to fuel his wheel strategy.
What do you think about the 10-q released?
Bullish news?