New York, January 26, 2026, 16:01 (EST) — After-hours trading
Shares of Super Micro Computer (SMCI.O) dropped 2.8% on Monday, closing at $30.80 after fluctuating between $31.51 and $30.66 during the session. The stock held steady in after-hours trading. Trading volume hit roughly 18.8 million shares. (Investing)
The drop comes just a week ahead of new data. Super Micro plans to release its fiscal second-quarter results on Feb. 3, followed by a conference call at 5 p.m. ET. (Supermicro)
U.S. stocks closed up, but SMCI bucked the trend. The Nasdaq-tracking Invesco QQQ climbed around 0.6%, while the SPDR S&P 500 ETF added about 0.7%.
Data center hardware stocks showed a mixed picture. Dell Technologies edged up roughly 0.5%, Hewlett Packard Enterprise rose 1.4%, but Nvidia fell around 0.6%.
Super Micro’s profits have been tossed around by the timing of large AI server orders. In October, the company slashed its first-quarter revenue forecast to $5 billion after clients delayed deliveries. Despite that, it stuck to its full-year revenue target of at least $33 billion and highlighted over $12 billion in new business expected in the second quarter. (Reuters)
In its November first-quarter report, the company fell short of Wall Street expectations and blamed shipment timing once again. It projected second-quarter revenue between $10 billion and $11 billion, well above the average analyst estimate of $7.83 billion, according to LSEG data cited by Reuters. (Reuters)
But the downside risks remain. Super Micro has flagged issues with internal controls over financial reporting — the safeguards designed to ensure accurate accounts — a concern that has weighed on the stock at times. (Reuters)
The sector outlook is uneven. Morgan Stanley downgraded its stance on the North American IT hardware group this month, pointing to softer enterprise demand and increasing component costs. (Reuters)
For traders, Feb. 3 isn’t just about sales figures. They’re focused on whether gross margin — the slice of revenue remaining after production costs — can hold steady, and if management will offer clearer guidance on the timing of big order shipments.
Investors are eyeing the earnings report and call scheduled for Feb. 3, right after the U.S. market closes.
