Is Super Micro Computer (SMCI) Stock a Buy After Dropping on a Revenue Miss?

TLDR

• SMCI dropped 2.2% to $36.58 after quarterly revenue of $11.12 billion missed the $11.60 billion consensus estimate
• Revenue was still up 93% year over year, and the company beat EPS estimates
• New orders topped $60 billion, with fiscal 2027 revenue guidance set at $65 billion to $72 billion
• Technical indicators currently show a Buy signal, with SMCI up 25% year to date
• Wall Street holds a consensus “Hold” rating with an average price target of $42.13

Super Micro Computer (SMCI) fell 2.2% to $36.58 on Wednesday after the company posted record quarterly revenue that still came in short of what Wall Street was expecting.

Super Micro Computer, Inc., SMCI

The stock touched a low of $35.72 during the session. Volume came in at around 35 million, roughly 23% below the average.

SMCI reported quarterly revenue of $11.12 billion, up 93.2% year over year. That sounds great on paper, but analysts had penciled in $11.60 billion, and the miss was enough to spook investors.

The company did beat earnings per share estimates, which offered some comfort. But when revenue falls short at this scale, the market tends to focus on that first.

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