Super Micro (SMCI) Up 3.5% Since Last Earnings Report: Can It Continue?

SMCI reported fourth-quarter fiscal 2026 earnings per share of $1.70, crushing the consensus estimate of $0.68, while revenue hit $11.12 billion, up 93% year-over-year. Gross margin expanded to 17.6% on favorable product mix as AI infrastructure demand drove more than $60 billion in new orders.

The server maker expects AI solutions to account for over 80% of future revenue and issued fiscal 2027 guidance of $65 billion to $72 billion in sales. The stock has climbed 3.5% since the earnings release and currently holds a Zacks Rank #1 (Strong Buy) rating, supported by upward estimate revisions from analysts.

The triple-digit revenue growth and margin expansion underscore SMCI's positioning in the AI data center buildout, with the order backlog signaling sustained momentum into the next fiscal year.