Super Micro Computer Stock Soars on Nasdaq Delisting Avoidance and Ambitious Revenue Target

Super Micro Computer (SMCI) stock surged during premarket trading Wednesday following a positive business update. The tech company announced progress in avoiding delisting from Nasdaq and outlined a significant new revenue target for 2026.

Nasdaq Delisting Avoidance Plan

On Tuesday, Super Micro informed investors of its anticipation to submit delayed filings to the SEC by the Nasdaq deadline of February 25th, thereby avoiding delisting. The company expressed confidence in its ability to file the required reports by the specified date.

Ambitious Revenue Goal

Super Micro's CEO, Charles Liang, has set a target of $40 billion in revenue for fiscal year 2026. This ambitious goal reflects the company's optimism regarding its future growth prospects.

Preliminary Q2 Earnings Results

Despite missing Wall Street estimates, Super Micro reported preliminary second quarter earnings for fiscal 2025 after Tuesday's market close. Revenue was estimated at $5.6 billion to $5.7 billion for the quarter ended December 31st, below analysts' expectations of $5.95 billion. The company lowered its annual revenue guidance for fiscal 2025 to a range of $23.5 billion to $25 billion, lower than its previous estimate of $26 billion to $30 billion.

Market Reaction

SMCI shares initially declined by up to 19% after the earnings announcement but later reversed direction. Analysts had forecast 2026 revenue closer to $30 billion.

Corporate Updates

Super Micro has recently faced a challenging period, including the publication of a negative short-selling report by Hindenburg Research and subsequent controversies. Despite these events, the company has hired a new accountant and conducted an independent review that found no evidence of misconduct.

Outlook

Super Micro's business update signals a positive outlook for the company's future. The company's progress in avoiding Nasdaq delisting and ambitious revenue target reflect its commitment to growth and shareholder value.