All Reports

We expect Dell Technologies (DELL; $128.37; O/P) to produce some solid upside with its FQ2 (Jul) results and outlook next Thursday (8/28 after market). Broadly speaking, we look for some more balanced profit growth across…

The shares of Nextracker (NXT; $66.79; E/W) continue to be heavily influenced by the comings and goings of new U.S. solar policy, which oversees 68% of the company’s LTM sales, especially since current F2026E (Mar)…

We expect some moderate upside from NetApp (NTAP; $107.80; E/W) when the company reports its FQ1 (Jul) results and outlook on Wednesday (8/27 after market) likely led by evidence of further market share gains from…

We are bumping up our F2026E (Jun) EPS for Fabrinet (FN; $299.00; O/P) from $11.70 to $11.90 after the company produced as expected FQ4 (Jun) EPS of $2.65, albeit with $0.16 of non-operating headwinds relative…

Last night (8/18), Flex (FLEX; $49.77; O/P) disclosed in an 8-K that it entered into a transaction agreement with Amazon (AMZN; $231.49; NR), which includes the issuance of warrants by Flex to AMZN. Most importantly,…

Fabrinet (FN; $327.12; O/P) reported FQ4 (Jun) non-GAAP EPS of $2.65, which was basically in line with our $2.66 and the Street’s $2.64 on sales of $910mm (vs. our $890mm and the Street’s $883mm). As…

This morning, Amphenol (APH; $110.56; O/P) announced its latest in a series of acquisitions that have leaned towards being larger on average in scale while adding capabilities and industry brands aimed at a specific served…

This morning, Corning (GLW; $65.06; O/P) announced a strategic commercial agreement with T1 Energy (TE; $1.34; NR), a Texas based producer of solar photovoltaic (PV) modules for the U.S. market from its domestically located production….

We are raising our F2026E (Jun) EPS for Sandisk (SNDK; $46.68; E/W) from $4.75 to $5.00 after the company produced a healthy FQ4 (Jun) beat and offered FQ1E (Sep) guidance that was generally in line…

The shares of Maplebear, d/b/a Instacart (CART; $45.05; E/W) are down 12% today on news that Amazon (AMZN; $224.48; NR) is now offering same-day grocery delivery to consumers in 1K+ cities and towns in the…

Our latest look at aggregate inventories up and down the supply chain after CQ2 EPS season strongly suggests a further rightsizing of inventories continued, that was broad in nature but led by distributors and components…

We think some recent “under the radar” news flow out of Benchmark Electronics (BHE; $39.55; O/P) provides further support for the idea that its sales are returning to YoY growth in H2 of this year…

Last week, we spent a day at the Future of Memory and Storage Summit (FMS) in Santa Clara, CA. It should not come as a big surprise that we heard a lot of confident talk…

We are raising our F2025/F2026E (Aug) EPS from $7.80/$11.65 to $8.15/$12.95 and reiterating our $160 target on the shares of Micron (MU; $122.39; O/P) after the company raised its FQ4 (Aug) non-GAAP outlook in conjunction…

We expect FQ4 (Jun) results and outlook from Sandisk (SNDK; $44.34; E/W) to be viewed favorably by the Street on Thursday (8/14 after market) even after considering ongoing questions around “pull-ins” of consumer electronics demand…