Super Micro Computer: My Sell Call Worked, Now I'm Buying (Rating Upgrade)

Super Micro Computer (SMCI) shares have fallen nearly 40% since early October despite Q1 revenue surging 298% to $19.9 billion. Management raised FY2027 revenue guidance to $72–$82 billion, while DCBBS expands its integrated AI infrastructure offering. Cash conversion improved from 149 to 97 days, although operating cash flow remained negative $434 million.