All Reports

Sensata (ST; $36.16; E/W) reported Q4 adjusted EPS of $0.88, which was slightly ahead of our consensus matching $0.86 on somewhat higher than expected sales ($918mm vs. our $913mm and the Street’s $912mm). Recall, the…

We expect a “mixed bag” from NetApp (NTAP; $101.68; E/W) when the company reports its FQ3 (Jan) results and guidance next Thursday (2/26 after market). On one hand, we assume NTAP can demonstrate at least…

We are raising our 2026E EBITDA for DoorDash (DASH; $183.00; E/W) from $3,450mm (2.6% of Gross Order Value or GOV) to $3,625mm (2.7% of GOV) after management provided support for the idea that its heightened…

We suggest investors take a cautious approach to the FQ4 (Jan) print from Dell Technologies (DELL; $115.95; E/W), scheduled for next Thursday (2/26 after market). Admittedly the stock is already down 8% since it last…

We maintain our 2026E EPS on Corning (GLW; $129.96; E/W) at $2.90, which is +15% YoY and somewhat below consensus of $3.06, following our review of the company’s recently released 10-K. Broadly speaking, the filing…

We bump up our 2026E EBITDA for Maplebear d/b/a Instacart (CART; $33.24; E/W) from $1.225B to $1.250B after the company produced generally solid Q4 results with Q1E EBITDA guidance that was in line with our…

We adjust our 2026E EPS for Belden (BDC; $150.91; E/W) from $7.70 to $7.75, vs. $7.54 in 2025, after the company produced some Q4 EPS upside with Q1E guidance that was generally in line with…

Belden (BDC; $142.23; E/W) reported Q4 non-GAAP EPS of $2.08, which beat our consensus matching $1.95 on some better-than-expected sales ($720mm vs. our and the Street’s $697mm). We estimate non-operating items were a $0.04 per…

We raise our 2026E EPS for Vertiv Holdings (VRT; $248.51; E/W) from $4.85 to $6.05 (+44% YoY) after the company produced a robust “beat and raise” that was accompanied by an “eye popping” year-end backlog,…

Vertiv Holdings (VRT; $199.62; E/W) reported Q4 non-GAAP EPS of $1.36, which was comfortably ahead of our $1.27 and the Street’s $1.29 on some better-than-expected sales of $2,880mm (vs. our $2,850mm and the Street’s $2,876mm)….

We stick with our 2026E EBITDA of $700mm for Lyft (LYFT; $16.85; O/P), which equates to another year of 30%+ profit growth, after the company produced Q4 EBITDA of $154mm (3.0% of gross bookings or…

Lyft (LYFT; $16.85; O/P) posted Q4 gross bookings of $5.074B, which compared to our $5.09B and the Street’s $5.07B, which in turn drove adjusted EBITDA of $154mm (3.0% of gross bookings or GB) that beat…

This morning, Mobileye Global (MBLY; $9.64; E/W) announced that its SuperVision and Surround ADAS technology platforms were selected by India-based OEM Mahindra & Mahindra, for at least six upcoming vehicle models, with production expected to…

Our latest look at aggregate inventories up and down the supply chain post CQ4 EPS season suggested another quarter of general supply chain tightening relative to more recent levels. Although, for what it is worth,…

We are raising our 2026E EPS for Amkor Technology (AMKR; $52.52; E/W) from $1.43 to $1.85 (vs. $1.50 in 2025, $1.43 in 2024, and a prior peak of $3.11 back in 2023). We note a…