All Reports

Corning (GLW; $30.00; E/W) recently unveiled its Fusion5 Glass, which is the company’s latest automotive exterior glass for windshields, and part of its Auto Glass Solutions business that has been building a market position over…

We raise F2024/F2025E (Aug) EPS for Micron (MU; $78.69; E/W), after the full release of FQ1 (Nov) results and FQ2E (Feb) guidance, from ($1.60)/$3.60 to ($0.45)/$6.00 to better reflect its “extreme” supply discipline, which is…

This morning, the European Automobile Manufacturers Association released car registration data from the region for the month of November, which was again somewhat above seasonal trends for a second consecutive month. Specifically, European vehicle registrations…

After today’s market close, Flex (FLEX; $28.69; O/P) announced it received approval from the High Court of Singapore to complete the last stage of its divestiture of Nextracker (NXT; $47.46; E/W) through a tax-free spin…

Due to a reallocation of resources, Fox Advisors is discontinuing coverage of Tritium (DCFC – $0.20 – Last Rating: Not Rated – Price Target: NA). Effective immediately, our rating, price target, disclosures and estimates are…

The shares of Micron (MU; $81.79; E/W) are now up 20% since the company reported basically as-expected FQ4 (Aug) results on 9/27, including +12% over the past nine days, ahead of its full release of…

Jabil (JBL; $136.42; O/P) posted full FQ1 (Nov) results and guidance that not surprisingly were very consistent with its recent negative pre-announcement, per the table below (“Guide Down Highlights Silver Lining Playbook”; 11/29). Admittedly, questions…

The 29% rally in the shares of Nextracker (NXT; $42.76; E/W) over the past two months has “on paper” created more value for the shares of Flex (FLEX; $26.26; O/P) that has basically gone unrecognized…

We think a potential IPO from ZEEKR Intelligent Technology Holding can prove an incremental positive for the shares of Mobileye Global (MBLY; $40.35; E/W) in coming months, based on our review of the company’s recent…

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…