Super Micro Computer stock reports 78 percent revenue growth
Published on 09/30/2026 at 15:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Super Micro Computer (ISIN US86800U1043) generated USD 39.1 billion in fiscal 2026 revenue, an increase of 78 percent from fiscal 2025, according to Yahoo Finance on September 21, 2026. The result gives SMCI a large growth base, but the next test is converting its order book into profitable deliveries.
Orders raise the fiscal 2027 bar
Super Micro received more than USD 60 billion in new orders during the fourth quarter of fiscal 2026, taking its backlog to a record level entering fiscal 2027. Zacks reported on September 4, 2026, that management guided for fiscal 2027 sales of USD 65 billion to USD 72 billion and first-quarter sales of USD 14.5 billion to USD 15.5 billion.
The mix is shifting toward complete AI infrastructure. AI solutions represented 60 percent of fourth-quarter fiscal 2026 revenue, while management expects the category to exceed 80 percent of revenue based on the backlog, according to Yahoo Finance.
Growth still faces a margin test
The latest quarter showed the tension clearly. MarketBeat said on September 18, 2026, that quarterly EPS reached USD 1.70 versus a USD 0.92 consensus estimate, while revenue rose 93.2 percent year over year to USD 11.12 billion against a USD 11.60 billion estimate. That combination points to strong demand alongside delivery timing and execution pressure.
MarketBeat lists a consensus Hold rating across 18 research firms and an average 12-month price target of USD 42.13. The range of views is wide, from a USD 24.00 low target to a USD 64.00 high target, making backlog conversion and margin durability central to the valuation debate.
Nasdaq range keeps risk visible
Super Micro Computer had a market capitalization of USD 26.3 billion on September 30, 2026. Its Nasdaq 52-week range was USD 19.48 to USD 58.78 on the same date, placing the company in a valuation setting where execution against the USD 65 billion to USD 72 billion fiscal 2027 sales outlook matters as much as headline AI demand.
Super Micro Computer stock at a glance
- Company: Super Micro Computer, Inc.
- ISIN: US86800U1043
- Ticker: SMCI
- Primary exchange: NASDAQ
- Market capitalization: USD 26.3 billion (as of September 30, 2026)
- 52-week range: USD 19.48-58.78 (as of September 30, 2026)
- Sector / Industry: Technology / Technology Hardware, Storage and Peripherals
