All Reports

We think Uber Technologies (UBER; $80.41; O/P) Q3 results and guidance next Thursday (10/31 before market) can at least live up to Street expectations, even after considering some potential transitory effects on results from recent…

We think Lyft’s (LYFT; $13.86; O/P) Q3 results and outlook, scheduled for November 6th (after market), can lead to a “next leg” in the stock’s recent recovery that started in mid-August (+53% vs. a prior…

This morning, Hyzon Motors (HYZN; $2.47) announced it entered into a purchase agreement to supply GreenWaste, a waste management services provider based in California, with 12 of its hydrogen-powered refuse fuel cell electric vehicles (FCEVs)…

This morning, the European Automobile Manufacturers Association released car registration data from the region for the month of September, which was right around MoM seasonal patterns. Specifically, European vehicle registrations increased 48% MoM (~20% of…

This morning, the U.S. Department of Commerce announced that it signed a non-binding preliminary memorandum of terms with Corning’s (GLW; $47.08; O/P) Hemlock Semiconductor business (9% of 2024E sales) to provide up to $325mm in…

We have badly missed a recent breakout in the shares of Plexus (PLXS; $136.69; E/W) since its most recent bottom in mid-June (e.g., +34% since 6/11 vs. +21% over the prior two years), which especially…

The shares of Corning (GLW; $46.62; O/P) have rebounded 23% since early-August, exceeding prior highs of May 2021 to levels last seen in 2000, which of course “raises the bar” for the stock into its…

We reiterate our Outperform on the shares of TE Connectivity (TEL; $148.97; O/P) ahead of its FQ4 (Sept) results and outlook, scheduled for October 30th (before market). We note the stock is still only at…

We think Amphenol (APH; $67.46; E/W) delivers another in a recent series of “beat and meets” with its Q3 results and Q4E guide on Wednesday (10/23 before market). We model Q3E sales, operating margins, and…

Yesterday (10/17), Schneider Electric (SU.FR; €245.65; NR) announced an agreement to acquire a 75% interest in Motivair Corporation, a privately held company that specializes in liquid cooling and advanced thermal management, for $850mm. We think…

We think Benchmark Electronics (BHE; $44.99; E/W) produces Q3 results and guidance on October 30th (after market) that provide solid support for current valuation with upside potential mainly tied to recent bookings and updated production…

The shares of Lucid Group (LCID; $2.72; E/W) are down 17% today after it completed a major equity capital raise that included another investment by its majority stockholder and affiliate of the Public Investment Fund…

This morning, Flex (FLEX; $34.70; O/P) announced plans to acquire, for $325mm in cash, privately held Crown Technical Systems, which produces power distribution and protection systems used in data centers, as well as by utilities…

The bar has obviously been raised for Celestica (CLS; $58.42; O/P) into its Q3 results and outlook, scheduled for next Wednesday (10/23 after market), given how the shares have rebounded 37% from recent lows set…

We believe FQ2 (Sep) results and outlook from Flex (FLEX; $34.33; O/P), scheduled for October 30th (before market), should further highlight its ability to continue to steadily improve margins and cash flows even in the…