Super Micro Surges 27% After Record $60 Billion Order Backlog

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โดย Insider Monkey·Read original
Summary · why it matters

Super Micro Computer shares surged as much as 26.6 percent on Wednesday after the company disclosed a record order backlog exceeding $60 billion for the fourth quarter of fiscal year 2026. The stock closed 19.84 percent higher at $30.56. The order volume prompted Super Micro to sharply raise its gross margin guidance to a range of 15 to 17 percent, up from the 8.2 to 8.4 percent guided in May, citing a favorable customer and product mix. The company remains on track to hit its revenue outlook of $11 billion to $12.5 billion for the quarter, though it expects to land at the low end, which would still represent at least 89.6 percent year-on-year growth. The backlog news follows a partnership with SpaceX, though SpaceX has not confirmed it is the customer behind the record orders, and data from Insider Monkey showed that 49 hedge funds held positions in Super Micro as of the first quarter, up from 39 in the prior quarter, with the value of those positions rising 33 percent to $543.7 million.

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Record $60 billion order backlog indicates strong end-customer demand for its products.

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