On August 10, SUPER MICRO COMPUTER INC rose 5.43% in regular trading, trading at $33.1/share with turnover of $289 million. The stock advanced ahead of its earnings release scheduled for August 11 after market close, with market consensus expecting quarterly revenue of $11.551 billion, up 96.02% year-over-year, and adjusted EPS growth of 118.21%.
The rally builds on momentum from the company's previously disclosed preliminary fiscal Q4 results, which indicated gross margins of 15% to 17% — nearly double its prior guidance of 8.2% to 8.4% — driven by a favorable customer and product mix. The company also reported recent orders exceeding $60 billion, pushing its backlog to record levels. Multiple analysts have raised their price targets, including Needham to $46 and Barclays to $38, reflecting confidence in sustained AI server demand and margin improvement.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)