All Reports

Seagate (STX; $58.00; E/W) reported FQ1 (Sep) non-GAAP EPS of $0.48, which was well below our $0.65 and the Street’s $0.71 on sales of $2,035mm (vs. our $2,050mm and the Street’s $2,101mm). Recall, STX cut…

We reduce our rating on the shares of Corning (GLW; $31.73) from Outperform to Equal-Weight. The company’s Q3 results and outlook leads us to believe that GLW faces an extended recovery period in consumer markets…

This morning, Lyft (LYFT; $14.81; O/P) announced in a blog post that it was re-introducing its Lyft Pink membership program, which now includes new benefits at a lower subscription price ($9.99 per month or $99…

We make some slight adjustments to our 2022E/2023E EPS for Sensata (ST; $39.46; O/P), from $3.30/$4.00 to $3.33/$4.03, after Q3 results and outlook lived up to expectations despite greater than expected currency headwinds we are…

This morning, Tritium (DCFC; $2.36; O/P) announced a partnership with DC-America, which designs and installs battery electric vehicle (BEV) charging locations in the U.S. Specifically, DC-America will now work to install charging stations, which we…

Corning (GLW; $32.33; O/P) reported Q3 “core” EPS of $0.51 that was in line with our and the Street’s modeling on core sales of $3,666mm, which compared to our $3,650mm and the Street’s $3,664mm. Recall,…

Sensata (ST; $41.62; O/P) reported Q3 adjusted EPS of $0.85, which compared to our $0.84 and the Street’s $0.85 on sales of $1,018mm (vs. our $1,000mm and $1,005mm from the Street). Recall, the company’s Q3…

We reviewed Mobileye’s S-1 filings, assembled a financial model from the document’s disclosures, and taken a “first stab” at developing forecasts for the next couple of years ahead of a proposed IPO under the ticker…

Due to a reallocation of resources, Fox Advisors is discontinuing coverage of Aurora Innovation (AUR – $2.15 – Last Rating: Outperform – Price Target: $6). Effective immediately, our rating, price target, disclosures and estimates are…

We think the EPS bar was set more than appropriately for Benchmark Electronics (BHE; $26.93; O/P) into Q3 results and outlook on Wednesday (10/26 after market). We assume new program momentum, driving a richer sales…

We cut our F2023E (Jun) EPS for Western Digital (WDC; $33.47; E/W) from $1.55 to $0.55 ahead of the company’s FQ1 (Sept) results and outlook, scheduled for Thursday (10/27 before market). Our model now assumes…

We think there is another “shoe to drop” on Street estimates for Seagate (STX; $54.19; E/W) with its FQ1 (Sept) results and outlook, scheduled for next Wednesday (10/26 before market), even after a recent series…

We think risk/reward on the shares of Corning (GLW; $31.42; O/P) leans positive into its Q3 print, scheduled for Tuesday (10/25 before market). The stock is now down 28% from its 52-week high, including -16%…

Recent news out of Uber Technologies (UBER; $27.52; O/P) highlighted its focus on adding to its robust list of on-demand delivery partnerships, including further opportunities to expand non-restaurant delivery category reach, which remains an important…

We expect our 2022/2023E EPS for Amphenol (APH; $70.07; E/W) to generally “hold up” after it reports Q3 results and outlook next Wednesday (10/26 before market) given the healthy current state of backlogs. We assume…