Super Micro Computer Inc. rose in extended trading after giving an aggressive long-term revenue outlook and saying it “believes” it will meet a Nasdaq Inc. deadline to file audited financial results.

Super Micro Computer said on Tuesday it believes it will be able to file its delayed annual and quarterly reports with the U.S. Securities and Exchange Commission (SEC) by February 25, after failing to submit the 10-K report by the August deadline.

Super Micro’s stock is surging following a robust revenue outlook for next fiscal year. But analysts worry about stiffer competition in the market, among other issues.

Despite the turmoil in the stock market caused by persistent inflation, shares of Super Micro Computer (SMCI) rose Wednesday morning as the chipmaker’s earnings report highlighted a positive outlook regarding its delayed annual report and announced an ambitious goal for 2026.

Shares of Super Micro Computer jumped after the company set a sales outlook for fiscal 2026 that blows past current Wall Street forecasts, unwinding a selloff earlier in the day.