澳洲幸运5官方开奖结果体彩网

Supermicro Stock Sinks After Server Maker Reduces Full-Year Revenue Outlook

Supermicro (Super Micro Computer Inc.) logo is seen on a smartphone screen

Pavlo Gonchar / SOPA I༺mages / LightRocket via Getty Image🅺s

KEY TAKEAWAYS

  • Super Micro Computer shares dropped 6% in premarket trading Wednesday, a day after the server maker and Nvidia partner reduced its sales outlook as some customers delayed making product decisions amid economic uncertainty.
  • The company said Tuesday it now expects fiscal 2025 revenue of $21.8 billion to $22.6 billion, down from its prior range of $23.5 billion to $25 billion.
  • Citi and JPMorgan analysts cut their price targets on the stock.

Super Micro Computer (SMCI) shares sank 6% in premarket trading Wednesday, a day after the server maker and Nvidia (NVDA) partner 澳洲幸运5官方开奖结果体彩网:reduced its sales outlook as some customers delayed making product decisions amid eco🔯nomic uncertainty.

The company said in its fiscal third-quarter report Tuesday that it now expects full-year revenue of $21.8 billion to $22.6 billion, down from its prior range of $23.5 billion to $25.0 billion.

For its fiscal fourth quarter, Supermicro anticipates sales of $5.6 billion to $6.4 billion and adjusted earnings per share of 40 cents to 50 cents, both well below Visible Alpha expectations. CEO Charles Liang said some customers were delaying commitments amid "economic uncertainty and tariff impacts."  

JPMorgan analysts kept their "neutral" rating on the stock but trimmed their price target to $35 from $36. They said they had expected "a sharper rebound in earnings through both revenue and margins," adding that Supermicro continues to face "lower cost inventory related headwinds."

Citi analysts cut their price target on the stock to $37 from $39 but also maintained a "neutral" rating. Supermicro's "below consensus outlook" for the fourth quarter "implies the pushouts in revenues resulting from customers awaiting next generation GPUs will take more than a quarter to resolve, further exacerbating investor concerns on competitive dynamics, GPU allocation, visibility and AI lumpiness," the analysts wrote. 

Super Micro Computer shares entered Wednesday up 8% so ꦆfar this year🦹. 

Do you have a news tip for Investopedia reporters? Please email us at
Article Sources
Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.
  1. Super Micro Computer. “.”

  2. JPMorgan. "F3Q25 Review: Revenue and Margin Challenges Linger in F4Q; Investors to Look for Reassurance on Forecasting."

  3. Citi✨. “Customer Transitions Impacting Results and Outlook; Underlying AI Order Momentum Appears Robust.”

Compare Accounts
The offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace.

Related Articles