Fox Advisors:
Unparalleled Expertise
The team at Fox Advisors strives to understand and articulate emerging and established secular trends related to a wide range of electronic component applications, automotive technologies, Transportation-as-a-Service (TaaS) and other shared networks plus storage products in order to aid our clients in their investment process. Our approach leverages bottoms-up supply chain analysis, deep-rooted corporate connections, and insights derived from industry trade shows and regulatory updates to develop consistent, detailed, opinionated research that our clients trust and rely on.
November 9, 2026
UBER: Leaning Into a Breadth of Scale Advantages
We are trimming our 2026/2027E adjusted EPS on Uber Technologies (UBER; $68.59; O/P) from $3.40/$4.40 to $3.36/$4.30 after last week’s solid Q3 print (see variance table). We note this is inclusive of adjusted EBITDA of…
November 9, 2026
VGNT: Solid Q3 Results
We reduce our 2026E/2027E adjusted EBITDA from $1,000mm/$1,085mm to $990mm/$1,075mm on Versigent (VGNT; $40.96; E/W) after last week’s Q3 print, where the company produced EBITDA of $275mm (11.2% of sales; +11% YoY) that beat our…
November 9, 2026
LYFT: Reduce Rating to Equal-Weight
We are reducing our rating on the shares of Lyft (LYFT; $17.09) from Outperform to Equal-Weight given rising risks that investment spending in 2027E can weigh more on adjusted EBITDA than we and the Street…
November 6, 2026
CLS: What a Difference a Week Makes; But Still an Excellent Engineering-Led Story
The shares of Celestica (CLS; $205.64; O/P) are now down a remarkable 27% since last Tuesday’s detailed Investor Day, and have plunged 46% MoM, despite its excellent Q3 print that accompanied the meeting and the…
