All Reports

We maintain 2023E EPS for Corning (GLW; $34.00; E/W) at $1.80, down 14% YoY, after another “meet and lower” we warned would be the case. By comparison, 2023E EPS consensus stood at $1.97. Q2 EPS…

Corning (GLW; $33.19; E/W) reported Q2 “core” EPS of $0.45, which compared to our $0.46 and the Street’s $0.45, on core sales of $3,482mm (vs. our $3,513mm and consensus of $3,481mm). Recall, GLW targeted Q2…

Sensata (ST; $46.48; O/P) reported Q2 adjusted EPS of $0.97, which was ahead of our $0.94 and the Street’s $0.95 on better than expected sales ($1,062mm vs. our $1,025mm and the Street’s $1,031mm). Recall, the…

Lyft shares (LYFT; $11.67; E/W) are +35% since its post-Q1 results plunge on May 5th that left the Street with a lot more questions than answers as to how new CEO Risher plans to lower…

We assume DoorDash (DASH; $84.31; E/W) produces Q2 results and outlook on August 2nd (after market) that at least live up to expectations even with ongoing consumer spending risks tied to “core” restaurant delivery growth….

We raise our target on Uber Technologies shares (UBER; $47.32; O/P) from $50 to $55 ahead of its Q2 print on August 1st, to better consider a broadening range of growth vectors we see being…

We expect Aptiv (APTV; $109.24; O/P) to produce a bit of a “beat and raise” with Q2 results and guidance, scheduled for August 3rd. Thus, we raise our target from $110 to $125 that for…

We raise our target on the shares of Belden (BDC; $96.46; O/P) from $95 to $110 ahead of its Q2 results and outlook, scheduled for August 3rd (before market). The stock is up 19% (vs….

We think Mobileye Global’s (MBLY; $40.63; E/W) Q2 results and outlook, scheduled for next Thursday (7/27 before market), come with “less noise” relative to its first two quarterly calls since the company returned to the…

Last night, Dell Technologies (DELL; $53.65; E/W) announced it signed a definitive agreement to acquire privately held Moogsoft for an undisclosed amount, although it is highly unlikely the transaction “moves the needle” from a financial…

We reduce our 2023/2024E “core” EBITDA (ex-Home Networks) for CommScope (COMM; $5.02; O/P) from $1.45B/$1.6B to $1.38B/$1.55B ahead of its Q2 results and outlook on August 3rd (before market). Our lower core EBITDA forecasts, which…

This morning, the European Automobile Manufacturers Association released car registration data from the region for the month of June, which we think furthers the idea that auto supply chains are becoming more predictable. Specifically, European…

The shares of Benchmark Electronics (BHE; $27.19; O/P) are +31% off 2023-lows on 5/9 (vs. +11% for the S&P 500) but still only up 2% YTD (vs. +20% for the S&P 500) ahead of Q2…

We continue to view Amphenol (APH; $85.31; E/W) as a “best in class” company across our entire supply chain coverage. Nevertheless, we think the stock is vulnerable to a negative reaction with its Q2 results…

This morning, Mobileye Global (MBLY; $43.84; E/W) announced the launch of its Intelligent Speed Assist (ISA) software, which is designed for the company’s EyeQ System-on-Chip (SoC) platform. This software, which just completed full testing and…