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.
April 26, 2024
We adjust our F2024/F2025E (Sept) EPS for Plexus (PLXS; $99.09; E/W) from $5.09/$6.85 to $5.10/$6.20 on an apples-to-apples basis excluding stock-based compensation (SBC) under the company’s new non-GAAP presentation. For reference, we assumed SBC of…
April 26, 2024
We raise our F2024/F2025E (Jun) EPS for Western Digital (WDC; $69.44; O/P) from ($1.40)/$7.25 to ($0.67)/$8.50 after FQ3 (Mar) results and guidance handily beat Street expectations on better hard disk drive shipments (HDD; 51% of…
April 25, 2024
We bump up our 2024/2025E EPS for Mobileye Global (MBLY; $31.25; O/P) from $0.37/$0.75 to $0.40/$0.80 after somewhat better than expected Q1 results within the context of the company reiterating its full 2024E sales and…
April 25, 2024
Mobileye Global (MBLY; $31.12; O/P) reported Q1 adjusted EPS losses of ($0.07), which was in line with our ($0.07) and compared to the Street’s ($0.06) on sales of $239mm that beat our $225mm and the…