Super Micro Computer (NASDAQ: SMCI) Stock Surges Ahead of Key Deadline
Super Micro Computer (SMCI) stock is on a massive rally. As of 2:25 p.m. ET today, shares have jumped 17.3%, adding to an already impressive week. In just a few days, the stock has skyrocketed nearly 70%.
This surge comes after a rough 2024 for the company. Over the last nine months, SMCI stock had fallen around 70%, leaving investors concerned. However, momentum has shifted as an important deadline approaches next week.
What’s Driving the Comeback?
Last week, Supermicro provided a business update that eased investor concerns. The company faced a major setback last fall when its accounting firm resigned due to issues with financial reporting, internal controls, and governance. Since then, Supermicro has hired a new auditor to prepare its overdue financial filings with the Securities and Exchange Commission (SEC).
The crucial deadline is February 25. The Nasdaq exchange has warned that Supermicro must submit its annual report for fiscal year 2024 (which ended on June 30) by that date to avoid being delisted. Following its recent update, the company expressed confidence in meeting this deadline, which has sparked investor optimism.
Strong Growth Prospects
Beyond the filing concerns, Supermicro’s future growth potential is also attracting investors. The company provided guidance for its fiscal 2025 and 2026 performance. While its revenue forecast for 2025 was lowered, with the upper range cut from $30 billion to $25 billion, the company expects an even bigger jump in 2026. Supermicro now projects $40 billion in revenue for fiscal 2026, largely driven by increasing demand for AI-powered data centers.
Despite today’s rally, Supermicro’s market capitalization remains under $40 billion. If its growth projections hold, the stock could still have plenty of upside. However, there’s still risk—if the company fails to meet its Tuesday deadline, it could face severe consequences, including potential delisting.
A Second Chance for Investors?
For those who feel they missed out on early AI and tech stock booms, Supermicro could be a new opportunity. Analysts often look for stocks that have strong future potential despite recent struggles. Past examples include Nvidia, Apple, and Netflix—companies that rebounded and delivered massive long-term returns.
With the SEC filing deadline approaching, investors are watching closely. If Supermicro meets expectations, this could be a major comeback story. But for now, it remains a high-risk, high-reward bet.
