SMCI delivered a gross profit margin of 17.6% during the quarter, approximately 892 basis points higher than Wall Street projections. Forward Outlook Substantially Exceeds ProjectionsFor fiscal year 2027, SMCI provided revenue guidance spanning $65 billion to $72 billion. For the first quarter of fiscal 2027, management projected revenue between $14.5 billion and $15.5 billion compared to the analyst consensus of $12 billion. First-quarter earnings per share guidance landed at $1.01 to $1.10, well ahead of the $0.74 analyst forecast. Wall Street ResponsesBernstein elevated its price objective on SMCI to $42 from a prior $37, maintaining a Market Perform rating.