Super Micro Computer Stock Drops on Weak Q1 Revenue Guidance, Analysts Divided
Super Micro Computer (SMCI) shares fell 8.7% after the AI server manufacturer slashed its Q1 FY26 revenue forecast to $5 billion, down from $6-$7 billion. The company attributed the shortfall to delayed shipments as customers upgrade designs, but maintained its full-year outlook of $33 billion, citing accelerating AI demand.
Raymond James analyst Simon Leopold retained a Buy rating with a $53 target, opting to wait for formal earnings details in November. Mizuho Securities took a more cautious stance. The divergence highlights Wall Street's balancing act between near-term execution risks and long-term AI infrastructure growth narratives.