The Zhitong Finance App learned that on Wednesday, the stock price of Ultra Micro Computer (SMCI.US) soared by more than 15%. Although the company's newly announced results for the fourth quarter of FY2026 fell short of market expectations, profit performance was better than expected, driven by improved gross margin, and provided strong fiscal year 2027 revenue and earnings per share guidance. Analysts have mixed reactions. Some institutions are optimistic about the growth potential brought about by AI infrastructure demand, but others have warned that the relatively high share of the GPU server business may continue to suppress profit margins and free cash flow.

The Zhitong Finance App learned that on Wednesday, the stock price of Ultra Micro Computer (SMCI.US) soared by more than 15%. Although the company's newly announced results for the fourth quarter of FY2026 fell short of market expectations, profit performance was better than expected, driven by improved gross margin, and provided strong fiscal year 2027 revenue and earnings per share guidance. Analysts have mixed reactions. Some institutions are optimistic about the growth potential brought about by AI infrastructure demand, but others have warned that the relatively high share of the GPU server business may continue to suppress profit margins and free cash flow.