All Reports
October 18, 2022
Making More Moves Aimed at Turning EBITDA Profitable
Yesterday, Bird Global (BRDS; $0.37) disclosed in a blog post that its shared micro-mobility vehicles are no longer available in Germany, Norway and Sweden, and that the company also plans to wind down operations in…
October 18, 2022
More Signs of Managing to EBITDA Growth
Yesterday, Lyft (LYFT; $13.09; O/P) disclosed that the company is increasing the service fee it charges to U.S. riders on its rideshare network to cover higher insurance costs. We think this announcement highlights one of…
October 18, 2022
European Vehicle Registrations Remain Uninspiring
This morning, the European Automobile Manufacturers Association released car registration data from the region for the month of September that continues to raise questions around risks to vehicle demand into next year. Overall, European car…
October 17, 2022
Another Buying Opportunity into Earnings
We reiterate our Outperform on the shares of Flex (FLEX; $17.42) ahead of FQ2E (Sept) results and outlook, scheduled for next Wednesday (10/27 after market). We think the combination of the stock’s depressed valuation, recently…
October 17, 2022
Advancing Its Ads Platform
This morning, DoorDash (DASH; $45.89; E/W) announced it is expanding its advertising platform by launching a new set of “self-serve” ad solutions that build on an existing suite of marketing solutions for consumer-packaged goods (CPG)…
October 17, 2022
Prior Conservatism May Finally Pay Off
We think a recently more conservative guide vs. peers from Sensata (ST; $37.92; O/P) leads to some Q3E upside when the company reports next week (10/25 before market). We also see Q4E guidance at least…
October 17, 2022
See Solid Backlog Support into Earnings Even as Orders Slow
We see TE Connectivity’s (TEL; $107.52; E/W) record backlog levels protecting against major disappointments, despite rising macro concerns, when it reports its FQ4 (Sept) on 11/2 (before market). However, we expect to see a noticeable…
October 14, 2022
Building Out Its Next Frontier on the Edge
On Wednesday (10/12), Dell Technologies (DELL; $34.99; E/W) introduced Project Frontier, which is a software platform for edge compute applications that the company sees seamlessly integrating with its hardware portfolio (e.g., commercial PCs, servers, gateways)….
October 14, 2022
Folding in Another Non-Restaurant Category Opportunity
Yesterday, DoorDash (DASH; $45.91; E/W) announced a tie-up with CleanCloud, which is a point-of-sale (POS) software platform, in order to offer on-demand delivery and pickup services for laundromats and dry cleaners. This announcement is another…
