All Reports

We expect Q3 EPS season to provide support for the idea that a cyclical bottoming process is generally taking shape across the tech supply chain, although we continue to warn that the slope of any…

We are reducing our rating on the shares of Belden (BDC; $95.27) from Outperform to Equal-Weight after management negatively pre-announced Q3 results last night and warned about its Q4E outlook. Our rating change reflects the…

This morning, ChargePoint (CHPT; $4.06; E/W) announced it raised $175mm through its ATM equity facility with the issuance of 41.4mm shares of its common stock. More specifically, CHPT reached a commitment from a consortium of…

We see recent price consolidation in the shares of Uber Technologies (UBER; $46.63; O/P) as an attractive entry point ahead of its Q3 print in a few weeks. We think this is even the case…

We reiterate our Outperform on the shares of Jabil (JBL; $130.65) and raise our target from $150 to $160 after hosting meetings for management in New York and Boston last week. In attendance from Jabil…

Last Thursday (10/5), we attended Dell Technologies’ (DELL; $66.41; E/W) Securities Analyst Meeting in New York, which included presentations from CEO Michael Dell, CFO Yvonne McGill, COO Jeff Clarke, along with Arthur Lewis (President, Infrastructure…

We recently learned that Amphenol (APH; $83.37; E/W) acquired privately held and U.S. based Connor Manufacturing Services as per a LinkedIn post by Connor on 9/28. Connor, which boasts a 110-year history, produces custom precision…

We are adjusting our Q3E and Q4E modeling for Polestar (PSNY; $2.66) after the company disclosed last Thursday (10/5) that its Q3 vehicle deliveries were approximately 13,900 (+50% YoY) and that it believes the company…

We think the recent 16% decline in the shares of Corning (GLW; $30.02; E/W), to basically around multi-year lows, represents an interesting “battlefront” for bulls and bears. We think this is especially the case when…

Hyzon Motors (HYZN; $1.20) announced last night in an SEC filing and subsequent press release this morning that it expanded its intellectual property (IP) agreement with affiliates of Horizon, an advanced hydrogen fuel cell company…

This morning, Vantiva (VANTI.FR; €0.18; NR) announced it reached an agreement with CommScope (COMM; $3.45; E/W) to purchase its Home Networks business in exchange for: (1) a 25% stake in Vantiva on a fully dilutive…

We think recent news flow further highlights the intrinsic value of Hyzon Motors’ (HYZN; $1.21) proprietary fuel cell system yet to be recognized in the company’s current valuation. Most notably, last Thursday (9/28), Nikola (NKLA;…

The shares of Sensata (ST; $38.29; O/P) have reacted positively to Wednesday’s Investor Event in New York, rising ~6% since the meeting started, although this is still in the context of a recent ~20% decline…

Earlier this week, we had the opportunity to catch up with Amphenol’s (APH; $84.08; E/W) CEO Adam Norwitt, CFO Craig Lampo, and Sherri Scribner, VP, Strategy, and IR to discuss some of our “top of…

We reiterate our Outperform, increase EPS estimates, and raise our target from $125 to $150 on the shares of Jabil (JBL; $124.95) another “beat and raise” with its FQ4 (Aug) print and full year F2024E…