Overview

• Super Micro Computer announced a 2026 revenue target of $40 billion, exceeding analysts' expectations of $30 billion, driven by AI server demand and Nvidia partnerships.
• The company lowered its 2025 revenue guidance to $23.5-$25 billion from $26-$30 billion, citing product transitions and technology deployment delays.
• Super Micro expects to file its delayed financial reports by the February 25 Nasdaq deadline, aiming to avoid delisting after governance and accounting concerns.
• Despite a turbulent 2024, including a short-seller report and auditor resignation, an independent review found no evidence of misconduct by senior management.
• Preliminary Q2 revenue of $5.6-$5.7 billion, reflecting 54% growth year-over-year, fell short of Wall Street’s $5.89 billion expectations, with mixed analyst reactions to the company's outlook.