All Reports

Yesterday (6/21), the European Automobile Manufacturers Association released car registration data from the region for the month of May, which supported our recent checks of more predictable auto supply chains, some better than expected demand…

We hosted a “fireside chat” for Mobileye Global’s (MBLY; $36.61; E/W) Chief Communications Officer Dan Galves yesterday as part of our Transportation Technology Conference. The conversation provided support for what we think are MBLY’s well-defined…

We reiterate our Outperform on Sensata (ST; $44.66) after hosting the company’s VP of Finance and IR, Jacob Sayer, for a “fireside chat” yesterday as part of our Transportation Technology Conference. We think the conversation…

We hosted a “fireside chat” yesterday at our Transportation Technology Conference with Tritium’s (DCFC; $1.02; O/P) CFO Rob Topol. The conversation emphasized some highly underappreciated aspects to the company’s business model and its robust future…

We hosted a “fireside chat” yesterday with ChargePoint’s (CHPT; $7.93; O/P) CEO Pasquale Romano, as part of our Transportation Technology Conference, which we think highlighted a range of significant investor misconceptions around the business we…

We reduce our below consensus F2023/F2024E (Aug) EPS for Micron (MU; $67.66; E/W), ahead of its FQ3E (May) results and outlook, scheduled for June 28th (after market). Our model changes primarily begin to consider a…

This week, Uber Technologies (UBER; $43.36; O/P) added further to a lengthy list of strategic actions taken Q2-to-date, which we see adding further confidence to its ability to continue to generate healthy operating leverage and…

We bump up our F2023E (Aug) EPS for Jabil (JBL; $104.64; O/P) after another solid “beat and raise”, driven by its profitable focus on healthy secular trends and working capital benefits from reducing inventories, which…

Jabil (JBL; $99.69; O/P) reported FQ3 (May) “core” or non-GAAP EPS of $1.99, which beat our $1.93 and the Street’s $1.87 on better than expected sales of $8,475mm (vs. our $8,225mm and the Street’s $8,199mm)….

We are adjusting our model for Polestar (PSNY; $3.81; O/P) to better incorporate our expectations around vehicle model mix, which as we have previously highlighted, can be worth ~800bps towards longer term gross margin targets…

Last Thursday (6/8), Corning (GLW; $32.83; E/W) announced a joint venture (JV) with SGD Pharma that we think aims to add to the company’s potential “optionality” over the next 2-3 years from commercializing core innovation…

This morning, ChargePoint (CHPT; $8.56; O/P) and Tritium (DCFC; $1.12; O/P) both announced plans to offer their respective hardware solutions with connector options for the North America Charging Standard (NACS), which was developed by Tesla…

Last week, Uber Technologies (UBER; $40.99; O/P) announced, at its Go/Get Zero event in London, a range of “green” focused initiatives and features for both Mobility and Delivery businesses (50% and 45% of 2023E gross…

Last week, we toured two Plexus’ (PLXS; $95.04; E/W) facilities in Appleton and Neenah, Wisconsin where we also spent time with CEO Todd Kelsey, Chief Strategy Officer Steve Frisch, along with Andy Hyatt (Senior VP,…

We think today’s severe drop in the shares of ChargePoint (CHPT; $8.32; O/P) and Tritium (DCFC; $1.08; O/P) to news that drivers of General Motors’ (GM; $36.53; NR) electric vehicles will be able to charge…