Super Micro Computer (SMCI) stock surged 10% today, building on a 28% weekly gain after the company issued bullish fiscal year 2026 revenue guidance. The projection of $40 billion in revenue for FY2026 represents a 70% increase from FY2025 and far exceeded analyst expectations.
However, SMCI is facing legal challenges. Investors have filed a claim alleging the company manipulated its accounts, rehired executives involved in past scandals, and continued exporting to restricted areas. Despite this, the strong guidance has lifted investor confidence, at least for now.
Source: https://www.tradingview.com/news/11thestate:c58573a8f094b:0-super-micro-computer-soars-on-bullish-fy2026-revenue-guidance