Super Micro Computer Inc. (NASDAQ:SMCI) shares are trading higher Thursday morning as investors keep reacting to a blowout earnings print and upbeat forward guidance.
Super Micro Computer stock is taking a breather. Where is SMCI stock headed?
What Catalyzed Super Micro Computer’s Stock Surge?
The company posted fourth-quarter adjusted EPS of $1.70 versus a Street view of 62 cents, with net sales of $11.12 billion (up 93% from $5.76 billion in the prior-year quarter).
It also guided fiscal first-quarter net sales to $14.5 billion–$15.5 billion and adjusted EPS to $1.01–$1.10, while forecasting full-year fiscal 2027 sales of $65 billion–$72 billion, above the analyst estimate of $53.11 billion.
