All Reports

Yesterday, Supplyframe, which has developed a Design-to-Source Intelligence (DSI) platform for the global electronics market, announced an interesting partnership with Jabil (JBL; $120.15; O/P) to better utilize artificial intelligence (AI) and automation technologies to enable…

Last night, TE Connectivity (TEL; $135.50; E/W) announced that its Board authorized a $1.5B increase in its share repurchase program. By comparison, TEL’s market cap is $43B and the company had $735mm remaining on its…

This evening after the close, we were surprised to see Lucid Group (LCID; $4.61; E/W) announce that Sherry House, is resigning from her position as CFO, effective immediately, to pursue “other opportunities”, especially after recently…

We think Jabil’s (JBL; $121.15; O/P) release of FQ1 (Nov) results and outlook on Thursday (12/14 before market) leaves little room for surprise after its negative pre-announcement. However, we see a lot for Jabil to…

ChargePoint (CHPT; $2.05; E/W) produced FQ3 (Oct) results that were consistent with our recently lowered estimates for the company’s negative pre-announcement (“Big Miss Leads to CEO & CFO Changes”; 11/17). We note consensus was relatively…

Last Wednesday (11/29), Celestica (CLS; $26.96; NR) hosted a virtual Investor Meeting that we think provided additional support for the idea that electronics manufacturing services (EMS) providers are in a much better secular position for…

On Wednesday (11/29), Uber Technologies (UBER; $56.75; O/P) announced plans to start onboarding black cabs in London to its platform starting in “early 2024”, which further adds to a new product story for its Mobility…

We adjust F2024E (Jan) EPS for Dell Technologies (DELL; $75.87; E/W) from $6.50 to $6.68 after the company produced a solid FQ3 (Oct) EPS beat, despite lower-than-expected revenues, albeit partially offset by FQ4E (Jan) guidance…

We raise F2024/F2025E (Apr) EPS for NetApp (NTAP; $90.15; E/W) from $5.75/$6.25 to $6.18/$6.70 after a solid “beat and raise” in the face of what it still sees as a soft IT spending environment with…

Last night, Jabil (JBL; $130.68; O/P) negatively pre-announced FQ1E (Nov) and guided down full F2024E (Aug) sales and EPS. Specifically, Jabil now sees FQ1E sales of $8.3-8.4B, down from prior thinking of $8.4-9.0B, and EPS…

NetApp (NTAP; $78.11; E/W) reported FQ2 (Oct) non-GAAP EPS of $1.58, which comfortably beat our $1.37 and the Street’s $1.39 on somewhat better than expected sales ($1,562mm vs. our $1,525mm and the Street’s $1,528mm). As…

We checked retail prices on “Cyber Monday” (11/27) for hard disk drives (HDDs) and solid-state drives (SSDs), which we measure on a Dollar per Gigabyte basis ($/GB), for the first time since November of last…

On “Cyber Monday” (11/27), we checked prices on a number of popular full-HD (1080p) and 4K Ultra High Definition (UHD 2160p) LCD TV models from LG, Samsung and Vizio by pulling publicly available prices from…

Micron (MU; $75.10; E/W) bumped up its FQ1 (Nov) non-GAAP outlook in conjunction with CEO Sanjay Mehrotra and CFO Mark Murphy presenting at an investor conference earlier this morning. Micron now expects FQ1E EPS losses…

Recent news flow out of Uber Technologies (UBER; $56.06; O/P) highlights how the company continues to engage in a range of new category and new product opportunities, admittedly as per below more on the “experimental”…