US Stock Market Move | Super Micro Computer, Inc. (SMCI.US) fell more than 5.7%, with preliminary Q1 revenue data far below market expectations.

On Thursday, Super Micro Computer, Inc. (SMCI.US) saw its stock price drop, with the stock falling over 5.7% to $49.48 as of the time of writing. The company had previously announced preliminary revenue data for the first quarter, which was significantly lower than market expectations. The company stated that revenue for the first quarter of fiscal year 2026 is expected to be around $5 billion, falling short of the market consensus of $6.48 billion. The company explained that some orders that have already been received will have their revenue recognition deferred to the second quarter due to upgrades. However, the company emphasized that the total amount of newly added design orders in recent times has exceeded $12 billion, and deliveries are expected to begin from the second quarter of fiscal year 2026.