Super Micro Climbs 13% as Brokerage Predicts $24B–$51B AI Server Revenue
SMCI•Shares jumped 13% after GF Securities upgraded Super Micro Computer’s rating to Buy with a $48 price target. The brokerage forecasts NVL72 rack system revenue of $24 billion in fiscal 2026 and $51 billion in fiscal 2027, citing AI infrastructure demand and a growing SpaceX neocloud partnership.
1. Rating Upgrade and Stock Surge
GF Securities raised Super Micro’s rating to Buy and set a $48 price target, triggering a 13% share gain in a single session.
2. AI Server Demand Fuels Growth Forecasts
The brokerage projects NVL72 rack system revenue of $24 billion in fiscal 2026 and $51 billion in fiscal 2027, citing escalating enterprise spending on AI infrastructure and large-scale server deployments.
3. Neocloud Expansion with SpaceX
Super Micro’s deepening relationship with SpaceX positions it as a key supplier in the emerging neocloud market, offering advanced server systems for AI computing resources.
4. Addressing Share Dilution
Investors had reacted to a transaction that could raise the company’s share count by about 15%, but the analyst argues demand momentum outweighs dilution concerns and may signal a buying opportunity.
